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
Open Doors: Here’s how KCMO plans to turn empty storefronts into a World Cup stage for local talent
Applications are now open for grants of up to $10,000 for businesses and artists who want to activate underutilized or vacant commercial spaces in the downtown area during the coming FIFA World Cup to showcase Kansas City’s entrepreneurial spirit. Funds awarded through the just-detailed Open Doors! Program — crafted through a partnership between the City…
He took over a house-trained side hustle; meow it’s time scale the gourmet catnip brand
Adam Larson might be severely allergic to cats, but he’s following his own advice — pawing away at a gourmet catnip side hustle and toying with the best market fit for the business (and his life). Larson — who also is a network convener for MOSourceLink, the founder Decimal Projects, and a former program coordinator at…
How Main Street Summit is putting homegrown small business on stage with Tim Tebow
COLUMBIA, Missouri — Small businesses don’t stay small on purpose, said Colby Kraus, echoing a mantra popular among organizers of the Main Street Summit — an immersive downtown experience rich with enough Americana capital for entrepreneurs and community builders from all walks of life. Approaching its third year, Main Street Summit is set to return Nov.…
ICYMI: MTC says it’s moving forward with select entrepreneur programs despite steep state funding cuts
Editor’s note: This story was originally published by Missouri Business Alert, a member of the Kansas City Media Collective, which also includes Startland News, KCUR 89.3, American Public Square, Kansas City PBS/Flatland, and The Kansas City Beacon. Click here to read the original story. [divide] The Missouri Technology Corp. has released its annual implementation plan, announcing which programs…
