STRATIS IoT Soars Onto the Soaring 76 – Debuts at Number 5 on Philadelphia Business Journal’s Fastest-Growing Companies

Global IoT Leader for Multifamily and Student Housing leads growth at home, too.

4 minute read

PHILADELPHIA, Pa. – September 27, 2019 – STRATIS IoT, a ​Software as​ ​a​ ​Service​ ​(SaaS)​ ​platform​ ​for​ ​access,​ ​energy,​ ​and​ ​automation​ ​management​ ​and control​ ​for​ ​multifamily​,​ student housing, and beyond, has ranked high on the list of Soaring 76 Award honorees. The Soaring 76 celebrates the 76 fastest growing companies in the Greater Philadelphia area. STRATIS debuted at number five.

In the past few years, multiple national awards, including Inc. 5000’s Fastest-Growing Companies in America and Entrepreneur 360’s 100 Best Entrepreneurial Companies in America, have recognized STRATIS’ exponential growth.

STRATIS takes immense pride in being a Philadelphia business. The Team appreciates strong partnerships with cutting-edge area companies including Morgan Properties, Berger Rental Communities, Campus Apartments, Wilco Electronic Systems, and the Philadelphia Energy Authority.

Felicite Moorman, STRATIS CoFounder and CEO said, “It’s incredible to be recognized both locally and nationally for the effort and endurance required for such unparalleled growth. It speaks to Philadelphia’s strength in cultivating businesses and the tremendous amount of talent in our marketplace. The STRATIS Team strives to represent the strength and diversity of this incredible city.”

In the past year, STRATIS has seen unprecedented growth with a 30% increase in units installed, currently totaling 325,000 units in the U.S. and 18,000 internationally. With a new international expansion strategy, the company intends to meet intensifying global demand and expects to nearly triple 2018 revenue with a commensurate increase in total units serviced.

STRATIS IoT partners with some of the world’s most innovative hardware providers, such as Allegion and Schlage for electronic access and Bluetooth Low Energy door locks, Resideo and its Honeywell Home-branded thermostats and leak detectors, and Leviton for smart lighting and groundbreaking connected load center solutions. If your property is interested in deploying this solution, please contact sales@stratisiot.com or visit https://stratisiot.com/get-demo/

The awards ceremony gathered 400 local professionals including CEOs and executives from various industries on Thursday, September 26th at SugarHouse Casino’s Events Center.

About the Philadelphia Business Journal

The Philadelphia Business Journal publishes daily stories on its website and social networks, with a weekly edition available in print and online. The organization regularly produces special events to recognize local industry leaders and facilitate professional networking. Learn more at https://www.bizjournals.com/philadelphia/

 

About STRATIS

STRATIS is an Inc. 5000 “Fastest Growing Company in America” and an Entrepreneur 360 “Best Company in America.” STRATIS enables smart apartments and intelligent buildings and is the only platform of its kind built for the complexities of multifamily and student housing. Since launch, STRATIS has installed in 325,000 apartments across the U.S. and more than 18,000 internationally. To get more information visit: STRATISIoT.com.