Articles from Quext
Quext Gears Up for Explosive Growth with Tom Bres as New CEO and President
Quext, a leading smart technology company for the multifamily industry, today announced Tom Bres as the new President and CEO of Quext. His leadership marks a significant milestone in the company's continued journey of innovation and growth.
By Quext · Via Business Wire · October 24, 2023
Quext Acquires Homebase to Redefine Smart Apartment Communities
Quext, a leading technology company for the multifamily industry, today announced its acquisition of Homebase, a smart building technology platform that drives connectivity and communication for multi-resident communities. The acquisition brings together two of the most innovative companies in the space, creating a single source for multifamily operators to get the best-in-class smart community and managed WiFi solutions their residents request.
By Quext · Via Business Wire · October 17, 2023
Revolutionizing Proptech Affordability: FlexCapital Opens Doors to a New Era of Multifamily Living
FlexCapital, a service offered by Quext Financial, today announced its official launch. Developed as a streamlined technology equipment leasing program, FlexCapital empowers multifamily property owners and operators to seamlessly finance and bundle Quext IoT’s hardware with comprehensive management SaaS, multi-year warranties, top-tier customer support and maintenance services – all consolidated into one affordable and convenient monthly payment, eliminating the stress on upfront capital investment availability.
By Quext · Via Business Wire · October 10, 2023
Smart Home Products Are U.S. Consumers’ Favorite Tech Trend—But Many Feel Left Out Because of High Prices, New Survey Shows
Smart home technology is all the rage, with more U.S. consumers saying they are more “excited” about smart home products than artificial intelligence, 5G, or the metaverse. But many consumers still can’t afford to buy these products—creating an opportunity for multifamily housing owners and operators to fulfill this need by making them more widely available to apartment dwellers.
By Quext · Via Business Wire · May 10, 2023
Sensor Industries and Quext Join Forces to Revolutionize Multi-Unit Technology
Sensor Industries Corp., the nation's premier IoT water and energy conservation company, proudly announced a groundbreaking investment from Quext, the trailblazing multi-unit technology provider. This union aims to accelerate the development of eco-conscious, smart solutions for the multi-family residential and hospitality markets.
By Quext · Via Business Wire · May 3, 2023
Quext and iApartments Finalize Patent Settlement
Quext, a leading technology company for the multifamily industry, today announced it resolved its ongoing dispute with iApartments Inc., by executing a memorandum of understanding on April 10, 2023, which has since been finalized by executing a Settlement and Licensing Agreement on April 21, 2023. The dispute surrounded Quext’s patented Internet-of-Things (IoT) technology, specifically tied to intellectual property around the company’s leading-edge Smart Thermostat Hub, and use of LPWAN communications in its network architecture.
By Quext · Via Business Wire · April 24, 2023
Quext IoT Awarded Five New Patents Expanding Its IP Protection
Quext, one of the multifamily industry’s most innovative smart technology solutions providers, today announced the United States Patent and Trademark Office (USPTO) recently awarded five new patents that further protect its IoT solution. The new patents further strengthen Quext’s patent portfolio and again recognize the innovation and uniqueness of Quext IoT’s smart home solution.
By Quext · Via Business Wire · February 16, 2023
Spectrum Community Solutions Selects Multifamily Proptech Innovator Quext as Preferred IoT Solution
Charter Communications, Inc. today announced a new strategic teaming arrangement with Texas-based technology company Quext, making Quext IoT the preferred smart home offering for new and existing customers served by Spectrum Community Solutions, Charter’s brand dedicated to multifamily properties. Through this agreement, both organizations gain a best-in-class solution to bundle and benefit their customer and prospect bases.
By Quext · Via Business Wire · February 14, 2023
Quext Raises $63 Million Based on $350 Million Valuation in Latest Round of Private Funding
Quext, a Texas-based technology company that offers a cutting-edge technology platform for the multifamily industry, today announced that it secured $63 million with support from a network of private investors. This fundraising round is based on a post-money valuation of $350 million and included notable technologists and innovators. The funds raised will allow Quext to further develop its smart apartment technology platform, grow IoT inventory to meet customer demands, further safeguard its intellectual property, and expand its best-in-class sales and customer success teams, amongst other initiatives.
By Quext · Via Business Wire · June 16, 2022
Quext Grows Executive Sales Team With Two New Hires to Drive Strategic Expansion
Quext, a Texas-based technology company that offers leading-edge technology for the multifamily industry, recently appointed Melissa Giacalone and Ravi Kandala as the newest members of its executive sales team. Giacalone now serves as Quext’s Vice President of National & Institutional Sales, and Kandala is Executive Vice President of Sales for the company.
By Quext · Via Business Wire · February 28, 2022
Quext Launches Highly Anticipated Patented Smart Apartment Tech Benefitting Operators and Residents
Quext, a smart building and property management platform built by multifamily and apartment industry experts, today announced the official launch of its Quext IoT smart home solution following its successful beta installation at the Clear Fork Trail, Trinity Oaks, Cross Creek Ranch and Copper Crossing apartments in Fort Worth, Texas. Powered by its patented thermostat with integrated smart hub technology, an advanced LPWAN network called LoRaWAN and a cloud-based interface, Quext IoT is a simple, cost-effective and streamlined smart device management platform designed to enhance residents’ quality of life while boosting property value.
By Quext · Via Business Wire · August 31, 2021
Quext Buys Majority Stake in Fintech Viva Equity Creating Embedded Finance Opportunity in Multi-family Proptech
Quext, a smart building and property management platform built by multi-family and apartment industry experts, today announced its majority stake acquisition of Viva Equity. Viva Equity’s current product offerings are Viva First, the first digital bank built with Latinos in mind—developed to empower and dignify banking for the Spanish language community— and Relm, a lifestyle banking app targeted to college students, renters and underserved communities. This revolutionary partnership prioritizes the unbanked and under-banked, by providing them with tools to become financially secure, while simultaneously lowering operators’ costs. For the Quext core platform, having the ability to utilize embedded finance technology opens the door for numerous innovations in the proptech space.
By Quext · Via Business Wire · July 13, 2021