SmartRent Advances Its Platform with AI-Driven Intelligence and Energy Optimization Tools
SmartRent, Inc. (NYSE: SMRT), a leader in smart community and operational solutions for the rental housing industry, has unveiled significant enhancements to its platform. These updates include an AI-powered intelligence layer and advanced energy management tools designed to empower property operators to make data-driven decisions that reduce utility waste, cut costs, and support environmental, social, and governance (ESG) goals. This marks a pivotal shift for SmartRent, moving beyond automation to deliver actionable intelligence that streamlines operations and improves decision-making.
A Unified Solution for Rental Housing
SmartRent’s end-to-end property operations platform is uniquely tailored for the rental housing sector. It combines connected hardware, digital workflows, and built-in intelligence into a single, integrated system. By automating tasks for owners, operators, and site teams, the platform reduces operating costs while enhancing the resident experience. Unlike other solutions that address only specific aspects of property management, SmartRent provides a comprehensive view—offering real-time visibility into all facets of property performance.
The introduction of SMRT IQ, the platform’s latest innovation, exemplifies this commitment to delivering actionable insights. Powered by live device data, SMRT IQ transforms how property teams access and interpret information, enabling smarter and faster decision-making across operations.
Conversational AI for Real-Time Insights
SMRT IQ introduces a conversational AI layer that simplifies the process of extracting meaningful insights from complex data sets. Traditionally, accessing property-level metrics required manual reporting or specialized analytics training. SMRT IQ eliminates these barriers by allowing users to ask questions in natural language and receive instant answers based on live data from connected devices.
For example, property managers can now query:
- Which properties have the worst HVAC efficiency?
- Which units exceed the community’s average HVAC usage by more than 50%?
- Which amenity spaces consume the most energy through HVAC systems?
This intuitive interface ensures that even non-technical users can leverage IoT-device-level data to make informed decisions. As Isaiah DeRose-Wilson, Chief Technology Officer at SmartRent, explains, “SMRT IQ represents a major milestone in our evolution. It provides constant, real-time visibility into every aspect of property performance, empowering teams to act with confidence at scale.”
By combining live data with conversational AI, SMRT IQ bridges the gap between raw information and actionable intelligence, saving time and improving business agility.
Smarter Energy Management for Sustainable Operations
In addition to SMRT IQ, SmartRent has expanded its platform with enhanced energy management capabilities. These tools are designed to help operators optimize HVAC performance, reduce energy waste, and extend the lifespan of critical systems. Unlike traditional energy management solutions that rely on static reports or estimates, SmartRent’s system leverages real-time thermostat and device data to identify inefficiencies during extreme weather events and other high-consumption scenarios.
Key features of the energy management suite include:
- Energy Dashboards: Highlight areas of inefficient performance.
- Smart Setpoint Automation: Automatically adjusts temperature settings within predefined guardrails.
- Live Alerts: Notify teams of runtime anomalies and temperature extremes.
- Granular Drilldowns: Provide detailed analyses at the unit, building, or portfolio level.
These innovations are particularly beneficial for legacy HVAC systems, as they offer retrofit-friendly solutions that improve visibility into asset health and performance. This capability supports ESG reporting and sustainability initiatives, aligning with growing regulatory and market demands for greener practices.
“SmartRent’s direct connection to real-world device data sets us apart,” says DeRose-Wilson. “Our system collects live data from thermostats, leak sensors, locks, and more, giving operators a clear picture of what’s happening in their buildings. That visibility is crucial when managing HVAC performance, energy efficiency, and ESG goals across an entire portfolio.”
Meeting Evolving Industry Needs Through Innovation
SmartRent already connects millions of devices—including locks, thermostats, sensors, and workflows—delivering unparalleled real-time visibility and operational control. With the launch of SMRT IQ and enhanced energy management tools, the company continues to fulfill its mission of supporting customers with cutting-edge technology.
These advancements reflect SmartRent’s recent $10 million investment in innovation, which has enabled the development of new features and functionalities. From optimizing capital plans to uncovering trends in resident experiences, SmartRent equips property teams with the clarity needed to drive smarter decisions in leasing, retention, maintenance, and net operating income (NOI) growth.
As energy performance becomes increasingly tied to risk, regulation, and operational excellence, SmartRent’s unified platform positions the company as a leader in property efficiency and sustainability. By making real-time insights instantly accessible and integrating them into day-to-day operations, SmartRent empowers multifamily communities to thrive in an energy-conscious world.
A New Era of Intelligent Property Management
The continued evolution of SmartRent’s platform underscores its dedication to addressing the dynamic needs of the rental housing industry. By combining AI-driven intelligence with advanced energy optimization capabilities, SmartRent is setting a new standard for property efficiency and performance. This approach not only benefits operators but also contributes to broader sustainability efforts, ensuring that rental housing remains both economically viable and environmentally responsible.
About SmartRent
Founded in 2017, SmartRent, Inc. (NYSE: SMRT) is a leading provider of smart communities solutions and smart operations solutions to the rental housing industry. SmartRent’s end-to-end enterprise ecosystem powers smarter living and working in rental housing by automating operations, protecting assets, reducing energy consumption, enhancing the resident experience and more. The Company’s differentiators – purpose-built software and hardware, and end-to-end implementation and support – create an exceptional experience, with 15 of the top 20 multifamily operators and millions of users leveraging SMRT solutions daily. For more information, please visit smartrent.com.
