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Last updated May 16, 2026 (about 4 months ago).

capital · May 16, 2026

Groove Technology Solutions Introduces OpEx Pricing Model for Multifamily Property Technology

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Groove Technology Solutions announced its OpEx-based pricing model on May 6, 2026. The model converts capital investments into predictable monthly operating expenses for managed Wi-Fi, access control, and smart building systems. Owners and operators pay a low rate per unit per month with tiered pricing and flexible financing terms. Groove Technology Solutions, based in Salt Lake City, previously released a whitepaper on OpEx vs. CapEx funding models. President and CEO Lance Platt and CFO Nick Fuoco were named to the inaugural 2026 Salt Lake City TITAN 100 in April 2026.

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