JE Dunn leads $500K round in smart apartment startup Homebase
July 20, 2017 | Bobby Burch
A handful of Kansas City firms both large and small are partnering to advance smart home technologies.
Blake Miller
JE Dunn Construction Group and Sunflower Development Group have led at $500,000 investment round in Kansas City-based Homebase, a tech firm building an IoT smart apartment and building platform for multi-family properties. Will Winkler of PSW Real Estate, Andrew Brain of Brain Family Development and John Meyer of Lemonly also joined in the round.
Homebase’s app allows tenants to not only pay rent and request maintenance, but also schedule services and tap a plethora of smart home technology that has emerged in recent years. Homebase also enables property managers to remotely manage vacant units’ lighting and thermostats to help with utility costs.
Homebase CEO Blake Miller said the funding adds credibility to the IoT firm as well as scale outside of Kansas City. He added it will also allow the firm to add new engineering and customer support staff.
“I’m really looking forward to improving our residents lifestyle through unique connected services offered via the Homebase platform,” Miller said. “We are a IoT smart home provider, but to me it’s not really about the “things,” like smart locks, as it is the type of experience we can deliver to our residents.
Since February, Homebase has been conducting beta testing of the platform with Marvel Properties in apartment communities around the Kansas City area. Homebase is also designing multiple smart communities concepts that are currently under construction in Kansas City and Austin, Texas, with planned delivery in the second half of 2017.
The Homebase tech is taking on a big market opportunity. Research from the NMMC suggests that the U.S. will need 4.6 million new apartments by 2030.
2017 Startups to Watch
stats here
Related Posts on Startland News
New app Miles wants to soothe the pain of mileage tracking
The stability of a 9 – 5 corporate work day is fading away, as many entrepreneurs know. Many people are entering the “freelance workforce,” leaving the predictability of a regular paycheck behind. Although this arrangement brings freedoms, it may make things more complicated during tax season. This culture shift inspired serial entrepreneur and software developer…
Five Elms Capital leads $7.4M round in San Diego firm
Five Elms Capital is the lead investor in a $7.4 million finance round for a San Diego-based security firm. The Kansas City-based investment group is backing Trackforce, a SaaS provider of operations management tools for security guard operators. The company’s GuardTek software suite is used by more than 80,000 users at over 8,000 sites in…
Rockstar team forming at KC-based Firebrand Ventures
A venture fund’s success is determined by its ability to find and evaluate the best deals. And that job is a whole lot easier when you have a team with decades of technology investment experience guiding your decisions — as is the case with Kansas City-based Firebrand Ventures. Launched in July by John Fein, Firebrand…
Charlotte Street Foundation launches program for arts, culture startups
The Kansas City-based Charlotte Street Foundation is launching a program to support emerging arts and culture startups in the area. The foundation’s “Startup Residency” program will offer its participants 12 months of free storefront space at Charlotte Street’s Project Space in downtown Kansas City, professional development training, mentoring and marketing opportunities. “We noticed that a…