1VALET and Eddy Solutions Announce Strategic Collaboration

1VALET and Eddy Solutions will integrate their smart building platform and water leak detection solutions, respectively, to enhance resident living and property operations in multi-residential apartments and condominiums.

OTTAWA, Canada & TORONTO--(BUSINESS WIRE)--Smart building platform provider 1VALET Corp and intelligent leak protection supplier Eddy Solutions are pleased to announce a strategic collaboration to refer respective leads in multi-family residential projects to one another. The collaboration will result in 1VALET, which has integrated several third party smart solutions such as smart door locks and thermostats onto its platform, also integrating Eddy’s award-winning water leak detection and mitigation solution into 1VALET’s connected software ecosystem. The integration will further enhance each party’s already robust smart living experience for residents and building operators.

“Water continues to present massive risk to buildings, operators, and residents,” commented J.P. Poulin, CEO, President and Founder of 1VALET. “By allowing us to extend our offering to include the detection and mitigation of water risk, our software-centric building operating system (BOS), which runs on our proprietary entry consoles, resident app and management and concierge platform, will now deliver immediate information at the hands of those that need it. Eddy Solutions’ products are a natural fit for 1VALET.”

“1VALET’s system offers a compelling building automation platform and operating system which has become the go-to for many leading builders,” added Travis Allan, CEO and President of Eddy. “It’s a pleasure to partner with the innovative leaders at 1VALET, who are transforming the way buildings are secured and monitored, and how information is shared between residents, owners and property managers.”

Eddy’s intelligent leak protection system will be available to integrate with 1VALET’s comprehensive smart building platform to offer automatic and remote shutoff capabilities, as well as behavioural learning to understand water consumption and mitigate against damage. 1VALET will also be joining Eddy at their upcoming IoT PropTech Summit, a virtual, one-of-a-kind conference that brings together innovators and users of property technology, or proptech. The event includes a panel specifically addressing the gains of IoT relating to the reduction of risk and insurance. To register, please click here.

About Eddy Solutions

Eddy Solutions is an innovative North American manufacturer of smart water metering products and related technologies. Committed to empowering property owners with Intelligent Water Management tools that identify issues, monitor usage, and mitigate water damage, our team of experts is revolutionizing risk management in buildings and homes, with comprehensive award-winning technology that provides real time data and enables shutoff when necessary.

For more information, please visit eddysolutions.com

About 1VALET

Founded in 2016, 1VALET is a software-based platform that integrates IoT smart technologies to create a unified multi-residential experience between residents, property managers, and their staff. By creating an ecosystem that combines a smartphone-centric resident experience and otherwise independent building components into one management platform, 1VALET is able to streamline building operations, enhance resident experience, and create safer, smarter communities.

For more information, please visit 1VALET.com