SmartRent, a company that provides smart home/building automation, said it will now integrate with the cloud-based property management tool AppFolio.
The companies announced the integration in a news release on Thursday (Sept. 9), saying that it gives customers of AppFolio Property Manager Plus — which is designed for larger businesses — the ability to automatically synchronize units, leases, residents and service orders with SmartRent’s Internet of Things technology.
“At AppFolio, we are continually looking for new ways to deliver efficiency gains that allow our customers to focus on what matters most – managing and growing their business,” said Shane Trigg, general manager, real estate for AppFolio. “This integration will allow AppFolio Property Manager customers to leverage the power of smart home automation across their portfolio.”
For their part, SmartRent will be able to deliver its technology to new segments of the housing market while working with a technology provider that has the same “customer-centric” approach, the companies said.
“We’re excited to integrate with AppFolio Property Manager, which shares our focus on delivering innovative solutions to the real estate industry,” said Mitch Karren, chief product officer for SmartRent. “Through this integration, we are extending our ability to serve owners and operators across multifamily and single-family properties, and we’re excited to broaden the SmartRent footprint in the industry.”
Founded in 2017, the Scottsdale, Arizona company makes a smart home automation platform for property managers and renters. Landlords get visibility and control over their assets, while tenants receive all-in-one home controls.
Earlier this year, SmartRent announced it would go public via a merger with Fifth Wall Acquisition Corp., a special-purpose acquisition company (SPAC), in a deal that would value the combined company at $2.2 billion.
Fifth Wall Acquisition Corp. is sponsored by an affiliate of venture capital firm Fifth Wall, which bills itself as the world’s biggest property tech company, managing $2.5 billion with a roster of 70 strategic real estate partners in 15 countries