Eldoret, Kenya & Dubai, UAE – May 17, 2025

Smarthomes AI, a pioneering AI-driven platform transforming real estate, smart cities, and sustainable infrastructure, today announced a strategic partnership with global startup accelerator FasterCapital through its LaunchUp program. This collaboration aims to fast-track Smarthomes AI’s market expansion across Africa and beyond, leveraging FasterCapital’s extensive network, capital-raising expertise, and technology development resources to address critical inefficiencies in property management and urban sustainability.

Addressing a Multi-Trillion Dollar Market Gap
The global real estate and smart infrastructure sectors face mounting challenges, including over $500 billion in annual losses due to inefficiencies, 30%+ energy waste in buildings, and a fragmented IoT ecosystem lacking unified AI solutions. With climate change increasing vulnerabilities, governments and industries demand integrated, AI-powered platforms that optimize energy use, enhance resilience, and track ESG compliance in real-time. Smarthomes AI targets this vast opportunity by delivering a first-of-its-kind unified platform that connects real estate, smart cities, and industrial infrastructure to drive sustainability, efficiency, and social value.

Smarthomes AI’s Unique Solution and Market Edge
Smarthomes AI’s platform integrates AI, IoT, and ESG analytics to automate property management, optimize energy consumption, and quantify social impact through its proprietary Social Value Index (SVI). Its capabilities include AI-driven rent collection, maintenance automation, industrial equipment resilience tracking, and carbon credit monetization. Early traction includes strategic partnerships with global leaders like ABB and Electrolux, positioning Smarthomes AI as the sole provider of a comprehensive AI ecosystem unifying real estate and smart city infrastructure. This defensible positioning sets it apart from fragmented IoT platforms and traditional systems lacking AI automation and ESG integration.

Accelerating Growth with FasterCapital’s LaunchUp Program
Through the LaunchUp program, Smarthomes AI gains access to FasterCapital’s global mentorship, capital-raising support, and technology acceleration tailored for high-impact startups. FasterCapital’s rigorous selection process underscores the startup’s innovative potential and market readiness. The partnership will enable Smarthomes AI to scale rapidly, launching pilots in key markets, expanding to over one million buildings and industrial sites by 2026, and advancing toward global smart city deployments. FasterCapital’s strategic guidance and funding facilitation are critical catalysts in Smarthomes AI’s journey to market leadership.

Executive Perspectives
Hesham Zreik, Founder and CEO of FasterCapital, stated:
“Smarthomes AI exemplifies the transformative power of AI and IoT in addressing pressing global challenges in real estate and urban sustainability. Their unified platform not only fills a critical market gap but also aligns perfectly with FasterCapital’s mission to empower startups with scalable, tech-driven solutions. We are excited to support their growth and impact through the LaunchUp program.”
Emmanuel Cheruiyot, CEO of Smarthomes AI, commented:
“Partnering with FasterCapital validates our vision of creating the world’s first AI-powered unified real estate and smart infrastructure platform. Their global reach and expertise accelerate our ability to deploy cutting-edge AI solutions that drive sustainability, energy efficiency, and social value worldwide. Together, we are poised to redefine how cities and industries operate in the AI era.”

Growth Trajectory and Future Outlook
Smarthomes AI plans to deploy its AI-powered real estate management and ESG analytics platform throughout 2024-2025, targeting rapid expansion to over one million properties and industrial sites by 2026. The startup aims to secure strategic B2B and government contracts, broaden its global footprint across 20+ countries, and achieve full AI-driven automated sustainability compliance and property management by 2027. The current $5 million seed funding round will fuel AI development, market expansion, and operational scaling, positioning Smarthomes AI as a future market leader in AI-driven smart infrastructure.

About Smarthomes AI
Founded by Emmanuel Cheruiyot, Smarthomes AI is the first unified AI-powered global real estate platform revolutionizing smart homes, cities, and sustainable infrastructure. By integrating AI, IoT, and ESG analytics, Smarthomes AI empowers stakeholders to optimize energy use, enhance climate resilience, and improve social impact across residential, commercial, and industrial sectors. The company’s mission is to build smarter, greener, and more connected communities worldwide.

About FasterCapital
FasterCapital is a global venture capital firm and startup accelerator specializing in early-stage technology companies. Through its LaunchUp program, FasterCapital provides startups with funding, mentorship, and access to a worldwide network of investors and industry experts. Known for its selective criteria and hands-on approach, FasterCapital supports innovative ventures in AI, IoT, fintech, and other emerging sectors, helping them scale rapidly and achieve market leadership.