SmartRent, a Scottsdale, AZ-based provider of smart home automation for property managers and renters, announced that it received a strategic investment from the Amazon Alexa Fund in an extension of Series B funding, reported Housing Wire. The amount of the investment was undisclosed.
According to SmartRent, the funding will help develop software and hardware for multifamily housing environments and turn them into connected communities. SmartRent helps owners, property managers and renters by creating multifamily technology solutions for everything from smart locks to voice control to leak sensors.
“The multifamily housing market has been largely overlooked when it comes to central installation and management of smart home technologies as a way to create a more modern, differentiated and safer renting experience for residents,” said Lucas Haldeman, CEO of SmartRent.