Exhibit 99.1 SmartRent Accelerates SaaS Growth by 32% Y/Y; Reports First Quarter 2024 Results Sets New Record with $47.6 million SaaS Annual Recurring Revenue (“ARR”) in Q1 2024 Confirms 2024 Growth Outlook; Enables Expansion and Innovation Scottsdale, Ariz., May 8, 2024 – (BUSINESS WIRE) – SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, today reported financial results for the three months ended ...