iApartments
- Company typePrivate
- Founded2018
- HeadquartersTampa, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What iApartments does
iApartments is a private Tampa, Florida-based proptech company that offers a unified smart apartment platform for multifamily operators in the United States. The platform combines three core product pillars — Smart Home (smart hub thermostat with LTE-M cellular connectivity, leak detection, fire prevention via FireAvert), Smart Access (mobile and PIN-based keyless credentials for units, buildings, gates, and elevators), and Self-Guided Tours (automated prospect touring with identity verification and CRM sync) — into a single dashboard delivered through three subscription tiers (Protect at $162+/unit/year, Connect at $258+/unit/year, and a quote-based Pro+ tier). Hardware (Yale/Kwikset locks, iApartments-branded thermostats, leak sensors, switches) is bundled with cloud-hosted SaaS, professional installation, IoT connectivity, and a dedicated Community Success Manager, and the platform integrates natively with the Big Four property management systems (Yardi, Entrata, RealPage, Resman), CRM platforms (Knock, Union, RentCafe, Moved), and access/security partners (ButterflyMX, Avigilon/Openpath, FireAvert). The TN100 Smart Hub Thermostat is covered by multiple US patents.\n\nThe company sells primarily through an enterprise field sales motion targeting large multifamily operators — published customers include Greystar, Mark-Taylor Residential, Stoneweg US, NexMetro Communities, CAPREIT, and UBS Realty Investors — with case-study outcomes citing $258+/unit/year NOI impact, 30%+ vacant-unit HVAC runtime reduction, and 2,000+ annual hours saved per community through keyless access. Revenue is generated through per-unit annual subscriptions plus hardware and professional installation; the company has expanded from traditional multifamily into student housing (January 2025) and build-to-rent, and added a Smart Fire Prevention product line (May 2025). iApartments is co-founded by CEO Dave Magrisso (founder of Valet Living, serving 1.8M+ residences) and CPO Steve Fiske (founding partner of UniKey, with products used by 5M+ users), with CTO Mohammed Syed and additional executives in operations, accounting, and sales; Andrew Livingstone, former Greystar COO, joined as Strategic Advisor in June 2026.
iApartments firmographics
Firmographics- Name
- iApartments
- Legal name
- iApartments, LLC
- Website
- https://iapts.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
iApartments industry classification
Industry- Product category
- Multifamily Smart Home Technology
- NAICS
- Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512)
- SIC
- Auto Controls For Regulating Residential & Comml Environments (3822), Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Whole-Home Automation System Design & Programming (HSAHADAA)
- akta.pro secondary industries
- Home Automation Hub/Platform Integration for Electrical & HVAC (e.g., HomeKit/Google/Alexa) (HSAOANAI), Smart Appliance & Energy Management Integration (HSAHADAG), Smart Thermostat Installation & Integration (HSAOANAA), Custom Scenes, Routines & Geofencing Automation Configuration (HSAHADAL), Smart Lighting Control (Switches, Dimmers, Scenes) Integration (HSAOANAF), Home Security & Access Control (Cameras, Alarms, Smart Locks) (HSAPAQAB)
Keywords
Where iApartments is headquartered
LocationHeadquarters
- HQ city
- Tampa
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
iApartments business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- Smart Home Technology Packages: Hardware and software packages sold to multifamily property operators. Packages include Protect ($162+/unit/year), Connect ($258+/unit/year), and Pro+ tier. Pricing varies by feature set including smart thermostats, keyless access, leak detection, fire prevention, and building access control. Professional installation and dedicated Community Success Manager included.
- Smart Home Hardware: Hardware devices including Yale smart locks, iApartments smart thermostats, water leak sensors, and smart switches sold as part of technology packages.
- Professional Installation Services: On-site installation by trained installers included with package deployment. Assessment team visits properties to evaluate HVAC systems, thermostat locations, and connectivity before installation.
- Managed IoT Connectivity: Always-on cellular IoT connectivity (LTE-M) included in packages. No managed Wi-Fi required for device connectivity, reducing infrastructure dependencies for property operators.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Protect Package - Asset protection focused with leak detection and fire prevention |
| Subscription | Annual | Connect Package - Resident experience and operational efficiency |
| Subscription | Annual | Pro+ Package - Most comprehensive with full smart home functionality |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
iApartments product offering
Product offeringCore offering
iApartments sells an enterprise smart apartment platform for multifamily properties that unifies smart home control, keyless access management, and self-guided tour automation into a single cloud-based SaaS solution. The platform is delivered through tiered hardware-plus-software subscription packages (Protect, Connect, Pro+) that include a patented Smart Hub Thermostat with built-in LTE-M cellular IoT connectivity, smart locks, leak sensors, fire prevention via FireAvert integration, and professional installation with a dedicated Community Success Manager.
Product overview
iApartments offers a unified smart apartment platform that combines Smart Home, Smart Access, and Self-Guided Tours into one integrated solution for multifamily communities. The platform is delivered through three software/hardware packages: Protect Package (smart thermostat, leak detection, fire prevention), Connect Package (adds keyless access), and Pro+ Package (full feature set). The Smart Hub Thermostat serves as the central IoT device combining hub and thermostat functionality. The platform integrates with major property management systems (Yardi, Entrata, RealPage, Resman), ButterflyMX video intercoms, Yale/Kwikset smart locks, FireAvert fire prevention, and Amazon Alexa for voice control.
Differentiator
Problem solved
Functional benefit
Products and services
- Smart Apartment Platform Unified smart apartment platform combining smart home, keyless access control, and self-guided tour automation into one managed solution for multifamily communities. Includes cloud-based software dashboard, mobile apps, IoT connectivity, and integrations with property management systems.
- Smart Home Smart home technology for multifamily including smart hub thermostat, leak sensors, smart locks, smart lighting, and Alexa integration, enabling residents to control devices from their phone while providing operational benefits for property teams.
- Smart Access Property-wide keyless access control system enabling residents to move throughout the community using smartphone credentials, with temporary access codes for guests and vendors, eliminating physical keys and lockouts.
- Self-Guided Tours Self-guided tour technology allowing prospective residents to tour vacant units on their own schedule with identity verification, touchless access, scheduling, wayfinding, and CRM data synchronization.
- Protect Package Entry-level smart home subscription package with smart hub thermostat, leak detection, and fire prevention (FireAvert) for asset protection. Priced at $162+/unit/year on annual billing.
- Connect Package Mid-tier smart home subscription package adding keyless access to Protect Package features, enabling app-based credentials for residents, staff, and vendors. Priced at $258+/unit/year on annual billing.
- Pro+ Package Premium smart home subscription package with smart thermostat, keyless access, advanced fire prevention technology, and resident app. The most robust package for multifamily with the full feature set; contact for pricing including ButterflyMX or Avigilon integrations.
- Smart Student Housing Solution Smart home solution specifically designed for student housing communities, automating move-in/move-out processes and eliminating lockouts through keyless entry with features tailored for high-turnover student housing operations.
- Build-to-Rent Smart Solutions Smart apartment technology for build-to-rent (BTR) communities, providing unified smart home and access control for new development properties with scalable deployment across distributed sites.
Quantifiable outcome
- Typically generates $258+ per unit per year in NOI
- +7 more outcomes
Companies that use iApartments
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles3 records
iApartments technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability3 records
Feature7 records
iApartments partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- Student Housing OperatorscoreSmart home solution specifically designed for student housing. Automated move-in/move-out process, keyless entry eliminating lockouts, and features tailored for high-turnover student housing operations.
- ButterflyMXcoreVideo intercom and virtual keys integration. iApartments integrates with ButterflyMX's 8-inch and 12-inch Video Intercoms enabling secure perimeter and interior entry, Virtual Keys for self-guided tours, and Elevator Controls. All aspects packaged into one app for simplified access management.
- YalecoreSmart lock hardware partner providing Yale Assure Lock 2 with touchpad. Supports Z-Wave, Bluetooth, and Wi-Fi connectivity options for multifamily unit access.
- KwiksetcoreSmart lock hardware partner providing additional lock options for multifamily unit access alongside Yale products.
- AvigiloncoreTouchless access technology partner. iApartments app seamlessly integrates with Openpath (by Avigilon) to provide secure building and common area access using mobile phones.
- FireAvertcoreFire prevention integration. FireAvert's stovetop fire prevention system enhanced with iApartments real-time fire/smoke detection alerts sent to residents and property management. Automatic stove shutoff when smoke detected.
- YardicoreProperty Management System integration. iApartments connects to Yardi platform enabling streamlined workflows and automations for smart property management.
- EntratacoreProperty Management System integration. Enhanced automations through expanded partnership. Entrata API integration brings keyless access, self-guided tours, and maintenance workflows to Entrata's platform.
- RealPagecoreProperty Management System integration. iApartments connects to RealPage platform enabling unified property management and smart home automation.
- ResmancoreProperty Management System integration. iApartments connects to Resman platform enabling streamlined property management workflows.
- RentCafecoreCRM integration partner. iApartments self-guided tours synchronize with RentCafe sending actionable data on tours scheduled, prospect profile data, and desired lease terms.
- National Multifamily Housing Council (NMHC)minorIndustry association membership for multifamily professionals.
- National Apartment Association (NAA)minorIndustry association membership for apartment professionals.
- Florida Apartment Association (FAA)minorRegional industry association membership.
Scale indicators15 records
Recent moves8 records
Expansion highlights6 records
iApartments competitors and assessment
Company assessmentDirect peers
- SmartRent: SmartRent is a leading enterprise smart-home and access-control platform purpose-built for multifamily and single-family rental operators. It is the closest direct competitor to iApartments, offering a similar integrated hardware-plus-software stack and selling into the same institutional owner base.
- Latch (now Door.com): Latch (now part of Door.com) provides smart access, building management, and resident experience software for multifamily. It competes head-to-head with iApartments on keyless entry and IoT-enabled apartment operations, targeting the same enterprise property managers.
- ButterflyMX: ButterflyMX is a leading video intercom and property-wide access-control platform for multifamily, student, and commercial buildings. While iApartments integrates with ButterflyMX, it also competes on access and visitor management for the same enterprise buyer.
- PointCentral (by Alarm.com): PointCentral, an Alarm.com subsidiary, delivers smart-home and access-control solutions specifically designed for property managers and vacation rental operators. It is a direct competitor to iApartments in enterprise multifamily smart-home deployments.
- RemoteLock: RemoteLock provides cloud-based smart-lock and access management software for residential and commercial properties. It overlaps with iApartments' keyless access offering, particularly for property managers seeking software-led lock management without full smart-home bundling.
Broad incumbents
- Resideo (Honeywell Home): Resideo, the Honeywell Home spin-out, manufactures thermostats, security, and home controls at massive scale. It competes with iApartments on smart thermostats and broader home automation, especially in multifamily common areas and HVAC controls, though it is not multifamily-specialized.
- Google Nest: Google Nest offers a broad consumer smart-home ecosystem (thermostats, cameras, doorbells, locks) that residents may bring into multifamily units. While not a direct multifamily platform, it competes indirectly on smart thermostat and voice control layers.
- Amazon Ring: Amazon's Ring portfolio (doorbells, cameras, smart locks via partnerships) competes with iApartments on home security and access for residents and operators. As a broad incumbent with deep distribution, it shapes resident expectations and reseller options.
- ADT: ADT is an established home security and smart-home provider with significant multifamily and commercial penetration. Its professionally monitored security and smart-home bundles compete with iApartments in protecting resident units and common areas.
- Vivint: Vivint delivers integrated smart-home and security solutions, increasingly targeting rental and multifamily operators. It competes with iApartments on professionally installed, managed smart-home packages for residents and property owners.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
iApartments social profiles
Digital presenceiApartments compliance and trust
Trust signalCompliance1 record
iApartments financial estimates
Financial estimateRevenue estimate
Valuation estimate
iApartments leadership team
Management profileNumber of profiles
Profiles7 records
iApartments funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
iApartments 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 iApartments
What does iApartments do?
iApartments sells an enterprise smart apartment platform for multifamily properties that unifies smart home control, keyless access management, and self-guided tour automation into a single cloud-based SaaS solution. The platform is delivered through tiered hardware-plus-software subscription packages (Protect, Connect, Pro+) that include a patented Smart Hub Thermostat with built-in LTE-M cellular IoT connectivity, smart locks, leak sensors, fire prevention via FireAvert integration, and professional installation with a dedicated Community Success Manager.
Is iApartments a public or private company?
iApartments is a private company. It is classified as venture growth investor backed and is currently operating.
When was iApartments founded?
iApartments was founded in 2018. It employs 11 to 50 people.
Where is iApartments based?
iApartments is headquartered in Tampa, United States, in the North America region.
How does iApartments make money?
Four revenue lines are on record. Smart Home Technology Packages are the primary driver. The others are smart Home Hardware, professional Installation Services and managed IoT Connectivity.
Who are iApartments's main competitors?
Direct peers on record are SmartRent, Latch (now Door.com), ButterflyMX, PointCentral (by Alarm.com) and RemoteLock. Broad incumbents are Resideo (Honeywell Home), Google Nest, Amazon Ring, ADT and Vivint.
Does iApartments have an API?
No public API is recorded for iApartments.
What industry is iApartments in?
iApartments's product category is Multifamily Smart Home Technology. Its primary akta.pro industry code is HSAHADAA, Whole-Home Automation System Design & Programming, with a secondary code of HSAOANAI, Home Automation Hub/Platform Integration for Electrical & HVAC (e.g., HomeKit/Google/Alexa). Its NAICS code is 334512 and its SIC code is 3822.