Dwelo
Dwelo, operating as Ambient Property Technologies, is a Smart Device Management platform that delivers integrated smart access, automation, and building intelligence solutions to multifamily property owners and developers across the United States.
- Company typePrivate
- Founded2014
- HeadquartersDraper, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Dwelo does
Dwelo, which rebranded to Ambient Property Technologies, Inc. (formerly Level M) in September 2024, is a Smart Device Management (SDM) platform purpose-built for the U.S. multifamily housing sector. The platform unifies three product pillars — Smart Access (frictionless entry management from curb to couch for residents, staff, visitors, and prospects), Automation (smart-home controls that reclaim staff hours and modernise the resident experience), and Building Intelligence (AI-supported monitoring that issues instant, actionable alerts for water leaks, intruders, vandalism, and other safety risks). Underlying these is a multi-connectivity architecture designed to deliver high-quality performance across challenging building environments, which the company states sustains 99% connectivity uptime and has processed 62 million commands cumulatively. Field deployment is engineered for speed, with a stated 15-minute per-unit retrofit install and a sub-24-month payback period, making the platform credible for both value-add retrofits of older multifamily assets and new construction differentiation.
The business model is recurring-subscription-driven with hardware attached, sold through a direct enterprise field-sales motion targeting large multifamily owners and developers complemented by an inside-sales motion for mid-market operators who typically lack in-house technology project managers. The company has secured native integrations with the four largest U.S. multifamily property management systems — RealPage, Yardi, Entrata, and Resman — which materially de-risks adoption for incumbents. Distribution is augmented by a flagship IoT partnership with Cox Communications, a financial and validation investment from multifamily-focused investor Wasatch Group, and a strategic access-control partnership with ButterflyMX. Customer evidence includes 'hundreds of top-tier owners and developers,' a documented case study with BH Tava Waters, and a 2024 MHN Excellence Gold Award for Best Technology from Multifamily Housing News.
Operationally, the company is headquartered in Draper, Utah, employs 11–50 people, and is privately held with no public listing. Pricing is quote-based for enterprise customers and not publicly disclosed. Capital history includes over $113.8M raised across multiple rounds, including a $100M round in November 2021 led by Cox Communications with participation from Walmart, establishing both balance-sheet strength and a strategic alliance with one of the largest U.S. broadband providers serving multifamily.
Dwelo firmographics
Firmographics- Name
- Dwelo
- Legal name
- Ambient Property Technologies, Inc.
- Website
- https://dwelo.com
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Dwelo, operating as Ambient Property Technologies, is a Smart Device Management platform that delivers integrated smart access, automation, and building intelligence solutions to multifamily property owners and developers across the United States.
- Ownership category
- akta.pro rank
Dwelo industry classification
Industry- Product category
- Multifamily Property Technology (PropTech)
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Services-To Dwellings & Other Buildings (7340)
- akta.pro primary industry
- Building Automation & Controls (BAS/BMS) (HSAPAPAA)
Keywords
Where Dwelo is headquartered
LocationHeadquarters
- HQ city
- Draper
- HQ country
- United States
- HQ region
- North America
Markets served
Dwelo business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations
Revenue model
- Smart Property Technology Platform: Revenue generated from providing smart access, automation, and building intelligence solutions to multifamily property owners and developers. Platform operates on a recurring basis with deployment and ongoing service components.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels3 records
Dwelo product offering
Product offeringCore offering
Dwelo operates a Smart Device Management (SDM) platform that delivers integrated smart access control, residential home automation, and AI-powered building intelligence for multifamily residential properties. The platform is deployed for both retrofit installations in older buildings (with 15-minute per-unit install times and a less-than-24-month payback period) and new construction projects, serving hundreds of top-tier multifamily owners and developers.
Product overview
Ambient (formerly Level M) offers a fully integrated smart apartment and automation technology platform for multifamily properties. The platform consists of three core interconnected solutions: Ambient Smart Access (frictionless access control from curb to couch), Ambient Automation (smart home automation for residents), and Ambient Building Intelligence (AI-powered risk detection and monitoring). The platform supports both retrofit installations in older buildings and new construction deployments, with 15-minute per-unit installation times and less than 24-month payback periods. The company also provides managed deployment services, partnering with property owners from start to finish.
Differentiator
Problem solved
Functional benefit
Products and services
- Ambient Platform A unified smart apartment platform integrating access control, home automation, and building intelligence into a single cohesive system designed for multifamily residential properties.
- Smart Access Frictionless access control solution enabling secure entry management for buildings, units, and amenities from curb to couch for residents, staff, visitors, and prospects.
- Home Automation Smart home automation solution for multifamily residents that automates time-consuming tasks and provides modern living conveniences, including smart thermostats, lighting, and connected devices.
- Building Intelligence AI-powered building monitoring and risk detection system that identifies water leaks, potential intruders, vandalism, and other threats using instant actionable alerts to keep buildings and communities safe.
- Retrofit Solutions Smart technology deployment service for older multifamily buildings that brings modern smart home conveniences to existing properties without requiring full renovation, with 15-minute per-unit installation times.
- New Build Solutions Smart technology integration services for new multifamily construction projects, designed to accelerate lease-up and differentiate properties with high-quality smart apartment features.
Quantifiable outcome
- 62 million commands processed on the platform
- +3 more outcomes
Companies that use Dwelo
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
Dwelo technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration6 records
AI capability3 records
Feature5 records
Dwelo partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and flagship.
- ButterflyMXcoreStrategic partnership to help multifamily owners stand out through integrated smart access solutions. Combines ButterflyMX's video intercom technology with Ambient's broader smart property platform.
- Cox CommunicationsflagshipCox Communications selected Ambient as their next-generation IoT partner for smart apartment deployments. This partnership leverages Cox's telecommunications infrastructure to deliver Ambient's smart property technology to multifamily communities.
- RealPagecoreNative integration partnership with RealPage property management system - one of the four largest PMS platforms in multifamily
- YardicoreNative integration partnership with Yardi property management system - one of the four largest PMS platforms in multifamily
- EntratacoreNative integration partnership with Entrata property management system - one of the four largest PMS platforms in multifamily
- ResmancoreNative integration partnership with Resman property management system - one of the four largest PMS platforms in multifamily
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Dwelo competitors and assessment
Company assessmentDirect peers
- SmartRent: Smart apartment platform for multifamily owners offering smart access, automation, and building intelligence. Most directly comparable competitor with overlapping customer base and product breadth.
- Latch: Smart access and building automation platform serving multifamily properties. Competes directly in smart locks, access control, and integrated workflows for owners and residents.
- ButterflyMX: Smart video intercom and access control provider for multifamily buildings. Now also a strategic integration partner of Ambient; competes most directly in the access layer.
- IOTAS: Smart apartment platform delivering pre-configured IoT devices, sensors, and resident experience software to multifamily owners. Closely comparable product model and target vertical.
Emerging players
- RemoteLock: Cloud-based access control platform for multifamily and commercial properties. Overlaps in smart locks and remote access management, with broader use cases beyond multifamily.
Broad incumbents
- ADT: Large incumbent security provider offering smart home and multifamily access/safety solutions. Competes on the safety/security layer but is not multifamily-native in the same way.
- Vivint: Broad smart home and security provider with multifamily offerings. Less specialized than Ambient but competes for resident-facing smart home experiences and owner-level contracts.
- Control4: Whole-home and building automation platform with presence in higher-end multifamily and MDU deployments. Overlaps in automation but with different go-to-market and integrator-led model.
Market position
Strengths4 records
Weaknesses3 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Dwelo social profiles
Digital presenceDwelo financial estimates
Financial estimateRevenue estimate
Valuation estimate
Dwelo leadership team
Management profileNumber of profiles
Profiles2 records
Dwelo funding detail
Funding detailFunding overview
Funding rounds6 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Dwelo M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Dwelo
What does Dwelo do?
Dwelo operates a Smart Device Management (SDM) platform that delivers integrated smart access control, residential home automation, and AI-powered building intelligence for multifamily residential properties. The platform is deployed for both retrofit installations in older buildings (with 15-minute per-unit install times and a less-than-24-month payback period) and new construction projects, serving hundreds of top-tier multifamily owners and developers.
Is Dwelo a public or private company?
Dwelo is a private company. It is classified as venture growth investor backed and is currently operating.
When was Dwelo founded?
Dwelo was founded in 2014. It employs 11 to 50 people.
Where is Dwelo based?
Dwelo is headquartered in Draper, United States, in the North America region.
How does Dwelo make money?
One revenue line is on record: smart Property Technology Platform.
Who are Dwelo's main competitors?
Direct peers on record are SmartRent, Latch, ButterflyMX and IOTAS. RemoteLock is listed as an emerging player. Broad incumbents are ADT, Vivint and Control4.
Does Dwelo have an API?
Yes. Ambient/Dwelo provides API integrations with major property management systems including RealPage, Yardi, Entrata, and Resman. The platform offers connectivity solutions that enable integration with existing building management systems.
What industry is Dwelo in?
Dwelo's product category is Multifamily Property Technology (PropTech). Its primary akta.pro industry code is HSAPAPAA, Building Automation & Controls (BAS/BMS). Its NAICS code is 5182 and its SIC code is 7340.