SmartRent has raised a $32 million Series B funding round led by Bain Capital Venturesalong with additional investment from RET Ventures. The multi-family management platform raised a $5 million Series A round a mere nine months ago.
- Worth Noting: UDR, Essex Property Trust, and Starwood Capital also participated in the round.
- What they do: Using smart home technology, the startup provides landlords and property managers tools to monitor their units and enhance the tenant experience. It hopes to also provide technology to help identify leaks or faulty equipment, and use remote access control for door locks. (TechCrunch)