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...IOTAS and left the firm a year after it was sold to ADT in 2022, and Demetrios Barnes, who co-founded SmartRent and left the firm 2.5 years after taking it public via SPAC, to examine what two former...
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... For example, Latch and SmartRent raised a billion dollars between them in 2021, and both went public (1, 2). However, both...
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SmartRent, which went public last year with a massive half-billion fundraise, has terminated its CRO and...
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...Solutions
Napco
Patriot One
Real Networks
Resideo
ScanSource
Securitas
Seagate
ShotSpotter
SmartRent
SNAP AV
TVT
Verint
Vivint
Vivotek
Wesco
Western Digital
Additionally, any public...
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... While Latch, SmartRent, and Brivo have received most of the funding, the other 7 on this list show that investment is...
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...Integration panel
1:00pm: BEST / dormakaba
1:30pm: IMRON Corporation
2:00pm: ICT
2:20pm: SmartRent
2:40pm: Galaxy Control Systems
3:00pm: Oosto
Presentations Recorded...
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... The model is similar to publicly traded rivals Latch and SmartRent.
Struggled To Scale
We believe that IOTAS has struggled to scale. For example, the company's...
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...
Compared to SmartRent
Latch's most direct competitor SmartRent has deployed far more units and at a far faster rate,...
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Combined, SmartRent and Latch raised one billion dollars last year to disrupt the residential access control market....
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...56 Billion Valuation
SmartRent Goes Public, Raises ~$500 Million at $2.2 Billion USD Valuation
Brivo Going Public, Raising...
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SmartRent went public today, raising ~$500 million at a $2.2 billion valuation, bigger than Latch's SPAC...
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...from hardware, even in 2025:
Rival SPACing
One other emerging challenge for Latch is that its rival Smartrent is SPACing and the combination plans to go public next week, on August 25th. The infusion of...
