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

        Pitch contest winners salute PHKC as fourth cohort wraps; $15K in prizes awarded to small businesses

        By Tommy Felts | June 22, 2023

        A winning night at The Porter House KC’s pitch event this week expands opportunity for more than just the company taking home the biggest check, said Taylor Burris. AI Hub — led by Burris and her husband, James Spikes — earned first place and $8,000 in the competition, which also marked the completion of PHKC’s…

        KCRise Fund closes $34M Fund III with ‘hyper-local’ focus; Here are its first four investments

        By Tommy Felts | June 22, 2023

        A third venture capital fund — expected to invest $34 million in 20 more tech startups across the Kansas City region — builds on KCRise Fund’s thesis that high-growth local companies are the key to investor success, said Ed Frindt. It’s a competitive advantage that swells with each wave of funding, he added, announcing the…

        These makers and vendors aren’t buying the scarcity mindset: ‘There’s a way for us all to eat’

        By Tommy Felts | June 21, 2023

        A new vendor fair aims to unite people from all corners of the city and promote collaboration among the local vendor community, said entrepreneur and event organizer Dontavious Young. “I see a lot of events in Kansas City that are geared toward a specific type of crowd, or a specific type of culture, or a…

        $16M round for health tech startup growing AI agents to perform administrative tasks

        By Tommy Felts | June 21, 2023

        A Seattle company with a talent hub in Kansas City announced Wednesday a $16 million seed round that includes investment from KCRise Fund and a promise to leverage conversational artificial intelligence alongside human talent to boost workplace productivity. Outbound AI emerged from stealth mode in 2022 to a market hungry for solutions, said Stead Burwell,…