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
Pure Pitch Rally reveals competitors for its 10th crowd-funded, spot-cash pitch contest
Eight emerging startups set to take the Pure Pitch Rally stage next month will become part of the Kansas City tech community’s evolving story, said Karen Fenaroli, touting a decade of impact that has seen millions in follow-on capital raised and thousands of jobs created across the region. “It is no longer just an event,”…
Sisters brew backyard-style beers from a historic firehouse in Budweiser territory
Editor’s note: The following story was produced through a paid partnership with MOSourceLink, which boasts a mission to help entrepreneurs and small businesses across the state of Missouri grow and succeed by providing free, easy access to the help they need — when they need it. [divide] SPRINGFIELD, Mo. — A midlife career crisis took…
LISTEN: Meet the partners behind Plug and Play Topeka’s growth (and impact)
On a special episode of Startland News’ 12-part podcast series diving deeper into Plug and Play, we explore how the Topeka-based program and its partners work to turn bold ideas into Kansas success stories. Guests includes Bret Lanz from Kansas State University’s Technology Development Institute; John G. Brown of StenCo; and Cole Ahlvers from NQV8…
