Acquiring company: Homebase’s KC team will make valuable workforce, leadership additions

October 20, 2023  |  Tommy Felts

Homebase Quext image

Homebase’s acquisition by an industry leader in the smart home space this week gives its Kansas City team a greater voice in redefining the future of living, said Blake Miller, sharing details of what the exit means for the talent at his Crossroads headquarters.

“We’ve created an entirely new category in an industry (real estate) that traditionally has rejected technology,” said Miller, who founded Homebase in 2016 and now serves as chief product officer at Texas-based Quext. “It’s been an incredibly long and hard journey, but we literally are just getting started.”

Quext and Homebase announced the acquisition on Tuesday. Financial details of the deal are not being disclosed.

RELATED: Premiere Kansas City startup acquired by Texas-based IoT leader in proptech industry

Homebase team members

While headquartered in Lubbock, Texas, Quext maintains a national and internationally dispersed workforce. Homebase’s current team — roughly 35 people, with all but one based in Kansas City — make valuable additions to the Quext family, the company said. 

Quext expects to integrate the Homebase team into a common organizational structure as key contributors in the Quext enterprise. Along with Miller as CPO, numerous leaders from the Kansas City startup will resume leadership roles in this new common organization, according to Quext.

For Homebase — a smart building tech platform — work remains, Miller emphasized, no matter how their efforts are branded moving forward.

“There are barely one million ‘smart’ apartment units out there, with the definition of smart being very loose,” he said. “It’s incredibly validating and exciting to partner with a group like Quext to continue building out this vision of the future of living. We have the people, product and resources to impact housing in incredible ways.”

Quext and Homebase’s individual solutions are each both innovative and differentiated in the multifamily industry, Miller said.

By working to integrate the technologies, “this unified platform will enable customers to choose from Quext’s unique LPWAN-based network with an embedded thermostat hub, a Homebase-style hub-less WiFi network solution, or a redundant path combination of these services,” thus utilizing and building on the Homebase’s platform for fast and exponential development growth.

Click here to read a blog post from Blake Miller on how the acquisition reflects a new era of smart communities.

“I’m immensely grateful to our dedicated team, loyal clients, strategic partners and investors who over the years showed unwavering support while we did something incredibly hard: create a new category in tech with Connected Buildings,” Miller said in a Tweet announcing the acquisition.

startland-tip-jar

TIP JAR

Did you enjoy this post? Show your support by becoming a member or buying us a coffee.

Tagged , ,
Featured Business
    Featured Founder

      2023 Startups to Watch

        stats here

        Related Posts on Startland News

        Grants competition returning with $55K for each winner; LaunchKC Liftoff applications open Aug. 14

        By Tommy Felts | August 7, 2024

        LaunchKC leaders’ hopes and expectations for the popular competition’s grant-winning entrepreneurs go far beyond their final pitches, said Jim Erickson. “We want all of them to grow and prosper. We want, in 20 to 30 years, for us to be able to drive downtown and see skyscrapers with LaunchKC companies’ names on it, having driven…

        Report: AI could displace 110,000 Kansas City jobs; here’s who might be most at risk

        By Tommy Felts | August 7, 2024

        Editor’s note: This story was originally published by Kansas City PBS/Flatland, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, The Kansas City Beacon, and Missouri Business Alert. Click here to read the original story. In 2020, when Terrence Wise learned the McDonald’s where he worked would be…

        PHKC earns more state funding for 811 Retail Incubator; MTC boosting small biz

        By Tommy Felts | August 7, 2024

        Another round of financial support from the Missouri Technology Corporation proves state economic development leaders understand that innovation also runs along main street, said Dan Smith. The Porter House KC — which just opened its 811 Retail Incubator in late July — is among seven entities just awarded a total of $1.8 million in Physical Infrastructure…

        MTC just awarded $2.6M in investments; three KC tech startups earn state backing

        By Tommy Felts | August 6, 2024

        As Advoteck works to bring its app to market later this year, an equity investment from the Missouri Technology Corporation is expected to help the Kansas City-based startup expand its reach nationwide in the fight against cyber crime. MTC on Tuesday announced $2.6 million in investments across seven Missouri companies — primarily focused on fostering…