Smart MDU Players Are Winning Investors and Expanding Their Potential

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By Jonathan Collins | 4Q 2021 | IN-6370

 

Smart Apartment Specialist Dwelo Acquired by Level Home

NEWS


In November, smart apartment specialist Dwelo was acquired by Level Home. Dwelo had been among a handful of companies that spearheaded the push to offer a smart home platform focused on multifamily properties. In contrast, Level Home didn’t launch its first product, a smart lock, until late 2019 (“Level Home, Walmart, and Making Smart Home Connectivity Invisible,” IN-5672). The trajectory of both companies and their coming together reflects the growing investment and focus on the ability to manage multiple smart homes for a single customer. The push is across the market, encompassing new builds and retrofits, rentals, and homeowner residences.

Vertical Integration, Investor Support, and a Growing Install Base

IMPACT


In what is essentially a vertical business integration, Level Home says that its locks will now be supported across the Dwelo software-as-a-service-based smart property management platform. Dwelo already supports a range of smart locks from Yale, Assa Abloy, dormakaba, and Kwikset.…

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