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
Kansas’ angel tax credits sprint to legal finish line
The Kansas House of Representatives nearly unanimously agreed that the state’s Angel Investor Tax Credits program must continue to boost early-stage businesses. The House voted 122 to 3 in favor of a measure that will extend the life of the $6 million program until 2021. Angel investor tax credits, which are set to expire in 2016,…
Shawnee native sells another startup for over $1B with GM deal
General Motors is hoping to become the leader of self-driving car technology with the gargantuan acquisition of Cruise Automation, whose founder has a local tie. GM announced on March 11 that it purchased Cruise for more than $1 billion in a move that aims to accelerate the development of GM’s autonomous vehicle tech. Cruise…
Kansas’ angel tax credits score first victory but hurdles remain
A bill extending Kansas’ popular Angel Investor Tax Credits scored its first victory Thursday, but legislators must make quick work of the measure if the program is to survive. The Kansas House Committee on Taxation unanimously approved a measure to continue the program, which offers accredited investors a tax credit of up to $50,000 on…
Sharing economy labors over lawsuits, paradigm shift for cyber security law
Here’s this week’s dish on the sharing economy, the issues with backdoor encryption, and corporate-to-startup collaboration. Check out more in this series here. AustinInno – The gig economy is at a crossroads as lawsuits, innovative benefits expand As the sharing or “gig” economy expands with companies like Uber and Lyft, it’s not just permit…