Acquiring company: Homebase’s KC team will make valuable workforce, leadership additions
October 20, 2023 | Tommy Felts
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
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.
2023 Startups to Watch
stats here
Related Posts on Startland News
KC entrepreneurs talk funding, advice over breakfast
It can be tough for young, growing companies to find funding in Kansas City, but it’s not impossible. That was one of the takeaways from Thinking Bigger Business’ BIG Breakfast on June 11 at the Kauffman Foundation. The quarterly breakfast features stories and insights from four local entrepreneurs, many of whom have appeared in recent…
RECAP: 1 Million Cups features MotaVera and YouSpin
Kansas City’s 1 Million Cups event was on display this week with a full room and a camera crew on hand, recording content for an upcoming website update. The two featured startups — MotaVera and YouSpin — rose to the challenge of the added pressure, and introduced attendees to their respective startups. First to present…
KC luxury watch startup, Niall lands in Tivol stores
Luxury timepiece-maker Niall will soon be selling its watches with one of Kansas City’s most prestigious jewelers. The Kansas City-based watchmaker will start selling its timepieces at two Kansas City Tivol stores on June 18, offering it both exposure and validation, Niall CEO Mike Wilson said. Tivol is the company’s first major retailer, Wilson said.…
Kauffman Foundation selects familiar face as new CEO
After a yearlong, nationwide search for a new CEO, the Ewing Marion Kauffman Foundation wound up selecting one of its own. The Kansas City-based foundation selected Wendy Guillies as the Foundation’s new president and CEO. Guillies, who previously served as interim CEO and vice president of communications for the foundation, joined the organization in April…
