SmartRent is an enterprise real estate technology company that provides a cloud-based software platform integrated with smart building hardware to property owners, managers, and operators of rental properties. The company's platform delivers smart apartment controls, access systems, package management, work order automation, and property operations tools, alongside hardware such as smart locks, thermostats, and sensors that can integrate with third-party devices. SmartRent generates revenue through subscription fees for hosted software services, sales of smart home devices, and professional installation and implementation services, enabling customers to reduce operating costs, increase rental revenues, and improve the resident experience.
| USD millions | FY2025 |
|---|---|
| Revenue | 152 |
| Net Income | -61 |