PHILADELPHIA, Pa.-June 25, 2019- STRATIS announced at the National Apartment Association’s (NAA) Apartmentalize its successful implementation of its 300,000th apartment. As the leading IoT Software Platform for Connected Buildings and Smart Apartments, STRATIS provides access, energy, water, and automation device management and control for MultiFamily, Student Housing, Hospitality, and Small to Mid-size Commercial. Upon finalizing a dozen new strategic partnerships with hardware leaders and service providers, STRATIS has established the new standard for Connected Buildings worldwide to enable remarkable global growth in 2019.
“We’re thrilled to announce both our global expansion and increase of our U.S. portfolio, especially on the heels of our SOC2 compliance announcement,” said STRATIS CoFounder and CEO Felicite Moorman. “With this exponential growth, STRATIS’ focus on creating holistic connected buildings proves the model for global success. STRATIS installs protocol-agnostic networks in these buildings to future-proof them against device obsolescence and increase their valuation through efficiencies. The industry demand is unprecedented and justified.”
Based on a survey by Wakefield Research and STRATIS Strategic Partner Schlage, Residents are eager to embrace smart technology in MultiFamily. More than 61% of survey respondents were likely to rent an apartment specifically because of electronic access features. STRATIS’ “sidewalk to sofa” mobile access management and control is a “key” component of the platform’s success.
STRATIS partners with the world’s most innovative hardware providers, most notably Allegion and Schlage for electronic access and Bluetooth Low Energy door locks, Resideo and Honeywell Home for smart thermostats and leak sensors, and Leviton for smart lighting and groundbreaking connected load center solutions.
Lee Miller, STRATIS Sales Director in the U.S. and Europe, stated, “Similar to Residents in the U.S., Residents in Europe want the smart apartment experience within their homes now. I’m ecstatic to be a part of this exciting initiative to bring STRATIS innovation to these areas, and with our strong foothold in Japan, throughout Asia.”
STRATIS’ impressive global growth is made possible through seasoned PropTech and IoT leaders, both within the company and as strategic partners. This competitive advantage will prove even more pronounced as STRATIS leverages Miller’s experience and relationships with the European MultiFamily market. STRATIS’ visionary leadership and strategy continue to spearhead platform innovation across markets worldwide.
To experience a live demo of the technology, stop by the STRATIS IoT Booth (#1700) at NAA’s Apartmentalize, June 26-28 in Denver, CO.
STRATIS®, a RealPage Company, creates smart apartments and intelligent buildings and is the only platform of its kind built for the complexities of multifamily and student housing. STRATIS is installed worldwide across the U.S., in Japan, the UK, EU, and Latin America. STRATIS now serves hospitality, retail, and small to mid-size commercial, as well. STRATIS is an Inc. Magazine “Fastest Growing Company in America” and a Top Ten Entrepreneur Magazine “Best Company in America.” STRATIS was recently acquired by RealPage to enable STRATIS Smart Building, a more connected lifestyle, and unleash hidden yield through new revenue streams.