SmartRent, Inc. SMRT

What this company does

SmartRent, Inc. generates revenue primarily from sales of smart home systems that enable property owners and property managers to have visibility and control over assets, while providing home control offerings for residents. Its revenue is generated from the direct sale of hosted services such as access controls, asset monitoring and WiFi, from the sale and delivery of smart home devices including hub devices, door-locks, thermostats, sensors and light switches, and from installation and implementation of those devices. Its Smart Community solutions include software and devices for smart apartments and homes, access control for buildings, common areas and rental units, community and resident WiFi, and other solutions such as asset protection and monitoring and self-guided tours, while its Smart Operations solutions include work order management, automation of leasing and resident call handling, audit management, and automation of the inspection process. As of December 31, 2025, it had 890,870 Units Deployed and approximately 600 customers. As of December 31, 2025, it had 418 total employees worldwide. SmartRent, Inc. was originally incorporated in Delaware on November 23, 2020 as Fifth Wall Acquisition Corp. I, a special purpose acquisition company formed to effect a merger or similar business combination with one or more target businesses. At the closing of the Business Combination, Legacy SmartRent changed its name to SmartRent Technologies, Inc. and FWAA changed its name to SmartRent, Inc.

Written from the business description in SMARTRENT, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 4 March 2026. Every sentence was checked against that document before publication.