Dan Simpkins’ Post

Oblong to Merge with Dwellwell Analytics - https://lnkd.in/e2eT8uyz Follow Citybiz on LinkedIn - https://lnkd.in/gStBXi2X Peter Holst, Dan Simpkins, Chuck Gritton, Ted Booth, Maeve Chambers, Jan DeFalco, John Hannula, Sam Moore, David Clark, Dwellwell Analytics, Inc. #citybiz #citybiznews #ITServices #ITConsulting #technology #merger #proptech #residentialmaintenance #multifamilyhousing #CREtech #REtech #AI #SaaS #propertymaintenance #rentalrealestate #CRE #machinelearning #smarthometech #smarthome #ShortTermRental #STR

It was great evening at the MD Tech Council Industry Awards event last night. And an honor that Dwellwell Analytics, Inc. was a finalist in the Emerging Technology Company category. It was cool to see so many innovative companies across tech, biotech and government contracting coming out of Maryland. Looking forward to more events. Maryland Tech CouncilDan SimpkinsJan DeFalco #smarthometech #smarthome #residentialmaintenance #proptech #AI #IoT #propertymanagement #propertymaintenance #REtech #SaaS #rentalproperty #ShortTermRental #STR

Starting off Monday with a bang 💥 Pleased to announce that we are a finalist in the upcoming Maryland Tech Council ICON Awards 🎉 Of course, we are in excellent company alongside our fellow Emerging Tech Company nominees, Clym Environmental Services, NanoBioFAB, and Trinity Cyber. Hope to see you at the big celebration on May 23rd. Dan Simpkins Chuck Gritton Ted Booth Jan DeFalco John Hannula Nina Simpkins Maeve Chambers Jim Nowotny Darryl Ngai Steven Kiekel Jared Horwitz Fred Geck Peter Jackson Wilmer Zwietering Scott B. Joey Anstett David Karlin Daniel Burns Cynthia Cantrell Chris Kauffman Chris Curtis Bernd van den Hoek #ICONAwards #MDTechCouncil #multifamily #multifamilyrealestate #smarthometech #smarthome #residentialmaintenance #proptech #AI #IoT #propertymanagement #propertymaintenance #REtech #SaaS #rentalproperty #ShortTermRental #STR

Everyone is talking about AI as an “inflection point.” What does that even mean? Why should real estate care? Kevin Grathwohl and I spent the past nine months speaking to everyone and their mother in the real estate biz about this question. Here's what we found: 🛠️ There has always been a disconnect between proptech and real estate. Within this industry, we think AI is an inflection point for vertical SaaS tools in the industry to finally be more useful and disruptive. To date, none of the most well-funded outcomes in proptech have been SaaS businesses. 📊 The most easily adopted solutions are ones that directly impact asset performance. While tech likes to think about data, analytics, efficiency, and time savings, real estate thinks about NOI, yields, and IRR—and tech needs to speak their language. AI-powered platforms are doing a better job of this than their previous SaaS counterparts. 👀 From a venture standpoint, we are particularly interested in platforms that can demonstrably shift NOI by incorporating nontraditional real estate variables. Big data has been around for a long time, but real estate investors are poorly equipped to collect and analyze it. ❗ Tools to automate and streamline the underwriting and asset management process are slowly getting a lot better, and real estate investors should start taking notice. Large, complex firms that do simple deals will benefit the earliest, but the tech arbitrage opportunity is available to any investor willing to put in the effort. 😩 There is a very real "zone of commoditization" within AI that founders and venture investors should be wary of. Big Tech will eat your lunch and your business model if you don't have a defensible moat. As always, if you're a founder or investor in this space, you know what to do: [email protected] 🙇♂️ Full study linked in comments 🙇♂️

Dwellwell Analytics – Dan Simpkins – Ep 144 Dan Simpkins is the Chief Executive Officer and one of the two founding partners of Dwellwell Analytics, Inc. The company has developed an IoT SaaS product that helps protect residential real estate assets by identifying maintenance issues before they become costly and disruptive. Dan’s company Hillcrest created the original 3D mouse for smart TVs. He went from there to his new company Dwellwell which makes diagnostic sensors for homes.     Number One Tip:  Don’t let conventional wisdom get you down like, “That’s a crazy idea”.  The 10 laws of the entrepreneur. You have to go over the line to see the line.  Early on, an entrepreneur should seek mentors    Contact Information:  Linkedin: Dan Simpkins  https://dwellwell.ai/  .. The Engineering Entrepreneur Podcast is produced by Scott Tarcy, President of CADdesignhelp.com. You can reach me at [email protected]. You can download it here on iTunes: https://lnkd.in/gefSVntY Or directly on my site at CADdesignhelp.com Follow me on Twitter and Instagram: @caddesignhelp Please like and subscribe to my YouTube channel: https://lnkd.in/eu7ARA7X Thanks, Scott Tarcy #caddesign #entrepreneurship #cad #caddesignhelp #podcast #engineeringdesign #theengineeringentrepreneur

The cat's out of the bag and we're pleased to share some big news 🗣 Today, we're announcing a significant equity investment from Resideo, a global manufacturer and developer of smart home technology. You can read all about it here: https://lnkd.in/eSJUXa9z #multifamily #multifamilyrealestate #smarthometech #smarthome #residentialmaintenance #proptech #AI #IoT #propertymanagement #propertymaintenance #REtech #SaaS #rentalproperty #ShortTermRental #STR #Resideo #equityinvestment