Co-founded by Lucas Haldeman and Sarah Roudybush, the duo behind the real estate platform SmartRent, One Raven aims to eliminate the industry standard of subscription fees and cloud-dependent hardware. At the core of the system is the One Raven Home Server, which connects thermostats, locks, and sensors locally. By processing data on a private home network, the company avoids the common pitfalls of fragmented, internet-dependent ecosystems where functionality vanishes during outages or corporate policy shifts.

The $5 million investment, led by Fifth Wall, will accelerate the production of the server and the company’s proprietary hardware suite. Fifth Wall founder Brendan Wallace, who joins the board, pointed to the growing consumer fatigue toward subscription-heavy devices as a primary driver for the firm's second partnership with Haldeman and Roudybush. As privacy concerns mount—with 81% of Americans expressing unease over corporate data collection—One Raven seeks to position itself as a transparent alternative for homeowners who want modern automation without the digital surveillance. The company plans to announce its first residential builder partnerships later this year.