ePropertyCare — Smart Building Tech For Landlords And Developers

Helping landlords, developers, owners and operators boost net operating income

Bram Berkowitz
Feb 23 · 2 min read

The Problem

While smart home technology is pervasive inside of most homes, most landlords and developers have not been able to embrace technology to improve efficiency and reduce costs because of a last-mile connectivity gap. Therefore, many rely on manual processes and the “eyes of the tenant” to manage their properties and identify problems, which leads to waste, property damage, or other bad outcomes.

What The Company Does

ePropertyCare solves this problem with a modular and scalable smart building platform that operates over the cellular network, thereby solving the connectivity gap that many landlords have to their buildings. The company supports use cases such as detecting running toilets and bursting pipes, detecting HVAC issues before a problem occurs, keyless entry, and integration with major property management software platforms.

The Market

The market is big and fractured. The biggest competitor is really inertia in which developers and landlords continue to do what they’ve done for decades and not embrace how technology can impact their net operating income (NOI). EPropertyCare is different because the company take a financial approach by showing the improvements it can make on an owner’s NOI through utility, insurance, and repairs and maintenance savings, while simultaneously helping owners increase rents and renewals.

Business Model

The company operates under a subscription model for its monthly services, plus hardware and installation.

Traction

ePropertyCare currently has customers in 23 states and is growing rapidly. The company has partnered with various property management companies and developers to incorporate its technology into both new construction and retrofit applications.

Founding Team Background

The founding team has more than 60 years of experience in real estate and rental properties. Co-Founder and CEO Charles Hadsell spent 15 years in the semiconductor industry, so he has a strong technical background.

What They Need Help With

The company is looking for connections to large property management companies and developers. The company is also seeking notable advisors in the proptech space. Connect with the ePropertyCare team.

Storied

The storytelling platform for startups building in New England.

Bram Berkowitz

Written by

Writing about banks, stocks, and startups. Frequently published in The Motley Fool and Rhode Island Inno. Co-founder of The Buzz.

Storied

Storied

The storytelling platform fueling the next generation of founders in New England.

Bram Berkowitz

Written by

Writing about banks, stocks, and startups. Frequently published in The Motley Fool and Rhode Island Inno. Co-founder of The Buzz.

Storied

Storied

The storytelling platform fueling the next generation of founders in New England.

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