Company Overview
iApartments, based in Orlando, FL, is a prominent private technology services company specializing in smart automation solutions for multifamily communities. The company enhances property management efficiency by automating various aspects of operations, access, maintenance, and leasing through its advanced technology platform. The platform integrates smart home features like locks, thermostats, and light controls, accessible via a smart home app, significantly improving the resident experience. Additionally, iApartments provides property management teams with a unified dashboard for streamlined smart access and asset management.
Products and Services
- Smart Home Solutions: iApartments offers full integration of smart technology in residential units, providing residents with enhanced control and convenience.
- Access Control: The company optimizes building security and access through an automated management system.
- Self-Guided Tours: Potential residents can independently view properties through simplified scheduling and secure access technology.
- Student Housing Solutions: iApartments is expanding to include smart technology solutions specifically designed for student housing, improving move-in and move-out process efficiency.
Recent Partnerships and Developments
- Partnership with ButterflyMX: This collaboration integrates seamless property-wide access control via ButterflyMX's Video Intercom and Virtual Keys.
- Collaborations: iApartments partners with major entities such as UBS Realty Investors and Mark-Taylor Residential to enhance smart asset management efficiencies.
Leadership Team
- Dave Magrisso, Co-Founder and CEO: Drives the strategic direction of iApartments with a strong background in the multifamily industry. Previously co-founded Valet Waste.
- Steven Fiske, Co-Founder and Chief Product Officer: A pioneer in smart home technology, focusing on the advancement of iApartments' product offerings.
- Mohammed Syed, Co-Founder and CTO: Specializes in secure, scalable SaaS technologies, crucial for the technical development of the company.
- Axel Perez, Chief Operations Officer: Ensures operational efficiency and fosters client collaborations for market growth.
- Lori Jones-Keck, Chief Accounting Officer: Coordinates financial management and compliance with over 20 years of experience.
Funding and Financials
iApartments has successfully raised approximately $19.2 million in equity funding rounds, reflecting strong investor confidence in its growth and market position. The company has an estimated annual revenue of $3.5 million with approximately 30 employees and has faced a -12% employee growth over the past year.
Competitor Profiling
iApartments operates within a highly competitive landscape with other technology providers:
- SmartRent: Offers comprehensive smart home technology solutions.
- BuildingLink: Provides communication and coordination tools for property management.
- Vivint: Focuses on smart security solutions, directly competing in the home automation space.
- Tumble: Offers technology solutions in the property management sector.
Other competitors, though spanning different tech service sectors, include companies like Farelogix, AgileThought, and LeanSwift that exert competitive pressures in technology delivery and innovation.
Market Position
iApartments positions itself as a robust competitor in property automation, emphasizing operational efficiencies and enhanced resident experiences in multifamily housing. With strong investment backing and strategic leadership, iApartments seeks to solidify its market presence amidst dynamic technological advancements.
Contact Information
- Office Phone: (813) 836-7232
- Support: 1 (833) 464-2787
- Website: [iApartments](https://www.iapts.com/)
Memberships and Compliance
The company maintains active memberships with key industry groups, including the National Multifamily Housing Council (NMHC), National Apartment Association (NAA), and Florida Apartment Association (FAA), ensuring adherence to the latest industry standards and best practices.
Through its cutting-edge technology solutions and strategic leadership, iApartments is poised to be a transformative force within the smart apartment and multifamily community sectors.
