In this Research Note, we examine SmartRent, a smart home technology company focused on rental housing in the U.S. Our analysis is based on their FY2022 annual results and investor presentations. Founded in 2017, SmartRent, Inc. is an Arizona-based provider of a smart home technology platform for property owners, managers, developers, homebuilders and residents.  Their products include smart access keyless entry, water leak detection, and smart thermostats/climate control. They also offer self-guided tours for prospective tenants, community and resident Wi-Fi and parking flow optimization software. The company integrates their proprietary enterprise software with third-party smart devices and other technology interfaces. They use an open-architecture, brand-agnostic approach that allows owners, operators, and residents to manage their smart home systems through a single connected interface. SmartRent Investor Overview 2023 SmartRent became a public company in August 2021 with a public listing on the New York Stock Exchange when it completed a SPAC merger with Fifth Wall Acquisition […]