The Upstart 100 List is known as “CNBC’s exclusive list of promising young start-ups, featuring a diverse group of companies that are building brands and breaking industry barriers on the path to becoming tomorrow’s household names.” We are honored to be recognized as a leader and disrupter in the smart home automation industry.
This recognition comes just weeks after we announced our partnership with the Amazon Alexa Fund and we are thrilled to have our hard work in revolutionizing how multifamily communities embrace new technologies for efficient operations seen as an entrepreneurial success story.
“This recognition is a testament to the growth we have seen since honing in on the multifamily space in 2017, and the market opportunity before us. Today, SmartRent is in more than 65,000 apartment units nationwide and we are only scratching the surface,” said Lucas Haldeman, CEO and founder of SmartRent. “I’m proud of the hard work our team has accomplished and it is an honor to be recognized by CNBC alongside other companies taking disruptive approaches to their respective industries.”
CNBC uses seven different methodologies to choose their top 100 companies to make the list: scalability, sales growth, user/customer growth, workforce diversity, access to capital and community, intellectual property, and industry size and life-cycle stage. Fundraising is also a major component of determination, and our recent Series B funding round proves that investors are seeing value in our solution.
More than 600 companies were nominated to the list this year, with winning 100 selections coming from 10 different countries and 16 U.S. states. Read more about this in the press release.