SmartRent Enhances Platform with AI-Powered Intelligence and Energy Optimization Capabilities

SmartRent has introduced an AI-powered intelligence layer and energy management tools to its platform, aiming to reduce utility waste, cut costs, and support ESG goals. The AI component, SMRT IQ, provides real-time insights and improves decision-making, while the energy management tools optimize HVAC and utility performance, offering energy dashboards, smart setpoint automation, and live alerts. The platform enhancements reinforce SmartRent's commitment to delivering comprehensive solutions for the rental housing market.

SmartRent, Inc. (NYSE: SMRT) has significantly enhanced its platform with the introduction of an AI-powered intelligence layer, SMRT IQ, and advanced energy management tools, aiming to reduce utility waste, cut costs, and support ESG goals. These innovations are part of a broader strategy to deliver comprehensive solutions for the rental housing market.

SMRT IQ, the latest addition to SmartRent's platform, provides real-time insights and improves decision-making by leveraging live device data. This conversational AI layer transforms property-level device data and operational metrics into instant property insights. Users can ask questions in natural language and receive real-time answers, enabling smarter and faster decisions across operations. For example, operators can identify properties with the worst HVAC efficiency or units exceeding average HVAC use by more than 50% [1].

In addition to SMRT IQ, SmartRent has expanded its platform with enhanced energy management tools. These tools are designed to help operators reduce energy waste, cut utility costs, and extend HVAC system life. Unlike traditional energy tools that use static reports or estimates, SmartRent's energy management is powered by real-time thermostat and device data. This allows operators to identify energy waste during extreme weather events and reduce energy consumption, thus lowering utility bills. The system is also retrofit-friendly for legacy HVAC systems, offering greater visibility into HVAC asset health and performance to support ESG reporting and sustainability goals [1].

Key features of the energy management tools include energy dashboards that spotlight inefficient performance, smart setpoint automation and temperature guardrails, live alerts for runtime anomalies and temperature extremes, and granular drilldowns at the unit, building, or portfolio level. These features enable operators to make informed energy decisions without adopting new systems or undergoing extra training [1].

SmartRent's continued innovation is supported by a recent $10 million investment in new features and functionality. This investment allows SmartRent to set the standard for property efficiency and performance in the rental housing industry. The platform's enhancements reinforce SmartRent's commitment to delivering comprehensive solutions for the rental housing market.

References:
[1] https://www.businesswire.com/news/home/20250605408035/en/SmartRent-Evolves-its-Platform-With-AI-Powered-Intelligence-and-Energy-Optimization-Capabilities