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SmartRent

Closed (deSPAC)

Information Technology · smart home operating system for residential properties · founded 2017

What it is
Founded in 2017, SmartRent, Inc
What it’s doing now
Merging with Fifth Wall Acquisition Corp. I (FWAA) — closed (despac).
What you should know
The deal carries a $250M minimum-cash condition — heavy redemptions can break it.

The business, per its filings

SEC primary

Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a recognized enterprise property technology leader designed by and for real estate operators. The company’s comprehensive product suite, comprised of smart home building hardware and cloud-based SaaS solutions, provides seamless visibility and control over real estate assets. Its subsidiary, SightPlan, specializes in workflow management solutions that automate the property lifecycle. SmartRent and SightPlan’s robust, end-to-end enterprise platform increases efficiencies, delivers cost savings and additional revenue opportunities, and elevates user experiences. For more information, please visit smartrent.com .

Source: S-4/A, accession 0001104659-21-095575

What the company says about itself

Web research — not audited

SmartRent provides smart home solutions and cloud-based enterprise software for multifamily communities, including Build-to-Rent, Multifamily, Single Family, and Student Housing. Their platform integrates with various hardware to automate property operations, enhance resident experience, and improve net operating income through features like access control, self-guided tours, work management, and community WiFi.

Markets:
Multifamily | Build-to-Rent | Single Family | Student Housing
Products:
Smart Apartments | Access Control | Self-Guided Tours | Community WiFi | Parking Management | Work Management | Answer Automation | Smart Hubs | Smart Locks | Smart Thermostats | Smart Sensors
Customers:
Greystar | Quinn Residences | MC Residential Communities
What our web check found

[WEB-INTEL 2026-08-26] 6 finding(s) · revenue (web claim — NOT STORED) — FILING: no revenue figure on our filed record · WEB: $30-$60 Added value per month [https://smartrent.com] — filing stands; recorded, not resolved. · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "SmartRent has raised a total of $138M over 7 funding rounds" [https://tracxn.com/d/companies/smartrent/__WTsTCPlB5u7tQJ51UXSK-EwANEbgUwVfXEE2baxafMo/funding-and-investors] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "after raising $32 million just a year ago, the new funding round brings SmartRent's total investment to $101.5 million" [https://voicebot.ai/2020/05/29/smart-home-startup-smartrent-closes-60m-funding-round/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "SmartRent To Go Public in $2.2 Billion Merger" [https://www.linkedin.com/posts/jeffreyflynn_smartrent-to-go-public-in-22-billion-merger-activity-6790983985737588736-E1JT] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "a total of $155 million in the startup" [https://www.reddit.com/r/SPACs/comments/mw2pkh/smartrent_to_merge_with_fwaa/] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "on February 4, 2021" [https://investors.smartrent.com/legal-disclosures-relating-to-the-proposed-transaction/default.aspx]

Source: https://smartrent.com/ · captured Aug 26, 2026 · marketing claims are reported as claims, never merged into the filed figures above.

The deal it’s entering

SmartRent is merging with Fifth Wall Acquisition Corp. I (FWAA) currently marked Closed (deSPAC).

Headline equity value—
PIPE≈ $155M · unsourced
Minimum cash to close$250M

Structure per SEC accession(s) 0001104659-21-066899. How to read these numbers: headline vs effective valuation · what a definitive agreement commits

What exactly is being valued, and at what

Common questions

Is SmartRent going public?

SmartRent has an approved merger with the SPAC Fifth Wall Acquisition Corp. I (FWAA). Deal status: Closed (deSPAC).

Does SmartRent have revenue?

The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.

Educational content, not investment advice.

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