SmartRent Receives Strategic Investment From Lennar to Scale Smart Home Technology for Homebuilders and Homebuyers

SCOTTSDALE, Ariz., March 4, 2021 /PRNewswire/ -- SmartRent, a provider of smart home automation for property owners, managers, developers and residents, today announced a strategic investment from Lennar Corporation (NYSE: LEN and LEN.B), one of the nation's leading homebuilders. The investment is a continuation of the company's commercial partnership with SmartRent and its Alloy SmartHome offering for homebuilders and homebuyers. As part of Lennar's investment, Eric Feder, President of LEN^X, Lennar's innovation and technology division, will join SmartRent's board of directors.