SmartRent
SmartRent (NYSE: SMRT) is a publicly traded Smart Locks & Access company founded in 2017 and based in Scottsdale, United States.
SmartRent was founded in 2017 by Lucas Haldeman and is headquartered in Scottsdale, Arizona. Rather than selling to homeowners, it provides an enterprise platform that lets multifamily and single-family rental operators deploy smart locks, access control for buildings and units, leak and energy sensors, self-guided tours, parking management, and community Wi-Fi, all managed centrally across large portfolios. The company went public on the New York Stock Exchange in August 2021 through a merger with Fifth Wall Acquisition Corp. I, a SPAC, in a deal that valued it at roughly $2.2 billion at announcement. SmartRent says its solutions serve many of the largest US multifamily owners and operators, positioning it as the dominant proptech access platform for institutional landlords. Frank Martell, a board member and former loanDepot and CoreLogic CEO, became President and CEO in June 2025, succeeding founder Lucas Haldeman. In Q1 2026 SmartRent reported $38.7 million revenue (down 6% year over year) but $60.9 million in annual recurring revenue (up 9%), 911,000 units deployed, and positive adjusted EBITDA, while activist investor Land & Buildings pressed the company to explore strategic alternatives.
The leading enterprise smart-home and access-control platform for institutional rental operators, a B2B counterweight to the consumer smart-lock brands.
smartrent.com ↗·Smart Locks & Access·
United States·public · NYSE: SMRT 
