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
RECAP: 1 Million Cups panel offers decision-making advice
Three entrepreneurs took the stage at 1 Million Cups this week to offer advice on navigating the tough world of entrepreneurship. Alex Altomare, co-founder of BetaBlox, Linda Buchner, co-founder and president of Minddrive, and Ben Kittrell, co-founder and CTO of Doodlekit, all spoke about the variety of hard choices entrepreneurs face. On handling tough decisions……
Sprint Accelerator startup raises $85K (and counting)
Hidrate, a startup at the Kansas City-based Sprint Mobile Health Accelerator, rapidly surpassed its fundraising goal before a pitch to investors and nearly 2,000 Kansas Citians. The Minneapolis-based company’s Kickstarter campaign has already raised nearly $85,000 in two days, which more than doubles its goal to fundraise $35,000 in 42 days. Hidrate created a Bluetooth-enabled water bottle that tracks…
Sprint Accelerator Demo Day preview (part III)
The second class of the Sprint Mobile Health Accelerator is gearing up for its much-anticipated Demo Day, which serves as a culminating event and is expected to draw a crowd of nearly 2,000 people. Led by Boulder-based Techstars, the Kansas City-based accelerator is now hosting 10 mobile health tech startups from around the world for its…
KC finance tech firm Lending Standard nabs nearly $500K
Kansas City-based Lending Standard recently raised nearly $500,000 to further develop its software and hire additional employees. The financial tech company snagged the funds from regional investors, and with it has hired two additional technical staff, bringing its total headcount to eight people. Lending Standard created a platform on which organizations can receive and collaborate…