Prestigious recognition highlights rapidly growing North American tech innovators

SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart communities solutions and smart operations solutions for the rental housing industry, today announced it has been named to the 2024 Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech and energy tech companies in North America, now in its 30th year.

SmartRent, which also appeared on the Fast 500™ list in 2023, develops software and hardware that empowers rental housing operators, property managers and site teams to simplify operations, automate workflows, protect assets and elevate residents' living experiences. The Company’s groundbreaking solutions are instrumental in creating connected communities that prioritize efficiency, resident needs and a seamless user experience, setting the standard for modern living.

“It’s an incredible honor for SmartRent to once again rank on the Deloitte Fast 500™,” said Daryl Stemm, SmartRent’s Chief Financial Officer and interim Principal Executive Officer. “We view this recognition as an indicator of our strength and leadership in the rental housing industry. Driven by our commitment to innovation and delivering smarter living and working at scale, we enable our customers to achieve unparalleled efficiencies and exceptional experiences. We value the opportunity to continue bringing value for our clients and industry in the years ahead.”

Technology Fast 500™ award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023. To be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US $50,000, and current-year operating revenues of at least US $5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. SmartRent moved up to rank 335 on the list, following last year’s rank of 357.

“Deloitte’s stringent application requirements and verifications make the Fast 500™ list an incredibly accurate account of the driving forces in the technology sector,” said Stemm. “SmartRent takes its leadership responsibilities in the rental housing realm very seriously. This recognition reaffirms the value of smart, connected rental housing communities, as well as our commitment to deliver smarter living opportunities to more properties, on-site teams and residents.”

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 www.smartrent.com.

About Deloitte

Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world’s most admired brands, including nearly 90% of the Fortune 500® and more than 8,500 U.S.-based private companies. At Deloitte, we strive to live our purpose of making an impact that matters by creating trust and confidence in a more equitable society. We leverage our unique blend of business acumen, command of technology, and strategic technology alliances to advise our clients across industries as they build their future. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Bringing more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte’s approximately 460,000 people worldwide connect for impact at www.deloitte.com.

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