Nine Four Insights

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SmartRent Series C | Nine Four Ventures

“Nine Four Ventures is excited to announce its follow-on investment in SmartRent’s $60M Series C round led by Spark Capital and with participation of Bain Capital Ventures, RET Ventures, Fifth Wall, Energy Impact Partners, and the Amazon Alexa Fund.

SmartRent, which was just listed in Forbes 2020 list of venture-backed startups most likely to reach unicorn ($1B +) status, is an enterprise home automation and IoT platform for single and multi-family residential assets. Smart home technology is continuing to become a “need to have” versus a “nice to have”, and SmartRent is leading that charge.”

Scottsdale’s SmartRent Lands $60M Series C | Crunchbase

“Enterprise home automation startup SmartRent raised $60 million for its Series C, the company announced Wednesday.

The Scottsdale, Arizona-based startup makes software and hardware to manage smart devices in multifamily communities. Its products are used by property owners and managers to control things like lights or thermostats all from one location. With the COVID-19 pandemic, contactless methods of management are now necessary for multifamily property operators, according to the company.”

Built Answers: Where Built Sits Within Your Current Technology | Built

With financial companies quickly becoming tech companies (JPMorgan Chase is reported to have more programmers on staff than Google), many lenders are keenly aware that adopting the right technology solutions for their team is imperative to keep up with modern demands.

Next Billion-Dollar Startups | Forbes *Featuring SmartRent 

SmartRent brings smart home technology, such as smart locks and thermostats, to multifamily properties. The Scottsdale, Arizona, startup charges up to $1,000 for installation and hardware, plus $5 to $10 a month. The smart locks let potential tenants take private, self-guided tours of vacant apartments, a service expected to be particularly important during the pandemic.”

COVID-19: How to mitigate workplace liability and financial loss | OfficeSpace Blog *Featuring Jeffrey Goldman of BeyondHQ

“As the COO at BeyondHQ, and the leader of real estate and workplace operations at Segment, DocuSign, and UserTesting, Jeffrey Goldman is a pro at helping high-growth companies enhance where and how their people work.

We asked Jeffrey to share how companies can safeguard themselves from unforeseen workplace liability, unnecessary expenditure, and increased waste, when there’s no roadmap to turn to for guidance.”

Small Business Spotlight: Entrepreneurs Make Innovative Pivots And Solutions To Survive | WCBS Newsradio *Featuring Branch 

“Experts say an ergonomic workstation can reduce or prevent discomfort in your back, neck and other stress areas. An ergonomic chair supports one’s body in a neutral position to allow for long periods sitting at a desk rather than being hunched over the computer.

The Branch CEO said desks and storage products, namely credenzas, and filing cabinets are also in increased demand amid the pandemic.

Hayes started in commercial real estate in Toronto, Canada before moving to New York City and launching Branch in 2018. The furniture store allows companies to trade-in its used Branch furniture for a store credit to update its workspace. Now, many businesses will be doing that to implement social distancing measures.”

Connect the Digital Dots: Solving Multifamily’s Four Biggest Challenges | hive *Featuring SmartRent

“As the country reopens, the days of operational triage caused by lockdowns are phasing out and new challenges are phasing in. Several reoccurring questions have surfaced in the past two months, which interestingly enough, are similar to the issues that we were trying to solve before the pandemic.

The preexisting conditions were merely exasperated by the crisis and sent us scrambling to find enterprise solutions at a rapid pace. Thus, it appears that this moment of transition is an appropriate one to pause and reflect on which lessons and best practices we should absorb and sustain into a long-term operations strategy and what else is necessary to solve for the open deficiencies.”

More Insights

Why We Invested: Latii

We’re delighted to announce our newest investment in Latii’s $2.1M Pre-Seed round alongside institutional and angel investors including Era Ventures, Foundamental, Maria Davidson (the CEO

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Why We Re-Invested in Finley

We’re pumped to announce our newest investment in Finley’s $17M Series A led by CRV! Nine Four Ventures is excited and fortunate for the opportunity

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