SmartRent, Inc. Overview
Pro stress-test →SmartRent is an enterprise real estate technology company providing management software and applications to rental property owners, operators, property managers, homebuilders, developers, and residents in the US and internationally. The smart home and smart building technology platform delivers property managers visibility and control over assets while providing cost savings and revenue opportunities through all-in-one home control offerings for residents.
Strategic Profile
Pro stress-test →The company is transitioning from a growth-at-all-costs model to one focused on sustainable, profitable growth driven by recurring SaaS revenue. SmartRent had approximately 850,000 units deployed as of Q2 2025, representing a 3% sequential and 10% year-over-year increase. The company achieved a 108% net customer revenue retention rate in Q2.
Competitive Landscape
Pro stress-test →SmartRent competes in the enterprise real estate technology market serving property managers and residential operators. Primary competitors include AppFolio (property management software), Yardi Systems (commercial real estate software), and emerging smart building platforms. SmartRent differentiates through integrated hardware-software platform and large installed base.
Industry Context
SmartRent, Inc. operates in Enterprise Real Estate Technology / Smart Building Software.
Key facts
Founded: 2017 · Headquarters: Phoenix, US · Employees: 494 · Revenue: $151M · Market cap: $331M