SmartRent Revenue and Competitors

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Phoenix, AZ USA



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Estimated Revenue & Valuation

  • SmartRent's estimated annual revenue is currently $89.6M per year.(i)
  • SmartRent received $32.0M in venture funding in June 2019.
  • SmartRent's estimated revenue per employee is $210,258
  • SmartRent's total funding is $256.5M.
  • SmartRent's current valuation is $1.5B. (January 2022}

Employee Data

  • SmartRent has 426 Employees.(i)
  • SmartRent grew their employee count by 111% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation

SmartRent is bringing smart home automation to property managers and renters. Whether you develop, own, or manage apartments or single family homes, our platform enables you to control all of the smart devices in your properties. Property managers can monitor all vacant unit activity and remotely control door locks, thermostats, cameras, lights and hundreds of other smart devices. When a unit is filled, the new resident(s) can seamlessly take control of their new smart apartment through our Resident App, giving them an unparalleled resident experience.



Total Funding


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Revenue (est)


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SmartRent News

2021-04-22 - SmartRent To Go Public in $2.2 Billion Merger with Fifth Wall Acquisition Corp. I, Accelerating Growth of Category-Leading Smart Home Technology for the Global Real Estate Industry USA - English USA - English

- Includes Oversubscribed $155 Million PIPE Anchored by Leading Real Estate Companies, SmartRent Customers, and Institutional Investors, Including Starwood Capital Group, Lennar, Invitation Homes, Koch Real Estate Investments, Baron Capital Group, D1 Capital Partners L.P., Long Pond Capital, L ...

2021-08-06 - SmartRent Announces Effectiveness of S-4 Registration Statement

Special Meeting of Fifth Wall Acquisition Corp. I Stockholders to Approve Business Combination Scheduled for August 23, 2021 Upon Closing, the Combined Company Stock Will Trade on the NYSE Under "SMRT" Ticker Symbol SCOTTSDALE, Ariz., Aug. 6, 2021 /PRNewswire/ --, Inc. ("SmartR ...

2021-08-25 - DLA Piper advises SmartRent in US$2.2 billion business combination with Fifth Wall Acquisition Corp. I

NEW YORK, Aug. 25, 2021 /PRNewswire/ -- DLA Piper represented Inc., a leading provider of smart home and smart building automation for property owners, managers, developers, homebuilders and residents, in its previously announced business combination with Fifth Wall Acquisition Cor ...

12-Sep-19 - Seattle SmartRent apartments with home automation irking tenants who can’t opt out

A so-called SmartRent apartment with data-driven home automation that controls everything from the thermostat to the lock might sound ...

12-Sep-19 - The Latest Trend in Apartment Living Hits Seattle: Forced ...

Tenants can also purchase additional devices online, including SmartRent cameras “to make sure Fido isn't jumping on the couch while you're ...

19-Jun-19 - SmartRent funding heralds new wave in 'smart home' market

Bain led the Series B fundraising round with $25 million on Wednesday for SmartRent, which is up against Latchable Inc and Google Nest for a ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding

SmartRent Funding

DateAmountRoundLead InvestorsReference
2018-06-04$1.5MUndisclosedReal Estate Technology VenturesArticle
2018-11-14$5.0MUndisclosedReal Estate Technology Ventures (RET Ventures)Article
2019-06-19$32.0MBBain Capital VenturesArticle