Company:AppFolio
 | |
 AppFolio Corporate Headquarters | |
| Type | Public |
|---|---|
| NASDAQ: APPF (Class A) Russell 2000 Component | |
| Industry | Software |
| Founded | 2006 |
| Founder | Klaus Schauser Jon Walker |
| Headquarters | Santa Barbara, California , |
Area served | USA |
Key people | Jason Randall, CEO Jon Walker, CTO |
| Products | (see products)
|
| Services | Software as a Service |
| Revenue | 310.1 million (2020) |
Number of employees | 1,335 (2020) |
| Website | appfolioinc.com |
AppFolio is a company founded in 2006 that offers software-as-a-service (SaaS) applications for vertical markets. AppFolio primarily focuses on cloud-based property management software solutions, services, and data analytics to the real estate vertical.
The company’s headquarters is in Goleta, California ,[1] in the Santa Barbara area.
History
AppFolio was established in 2006 by co-founders Klaus Schauser[2] and Jon Walker.[3][4] Schauser had previously founded Expertcity.[3]
The company’s first focus was property management for small to medium businesses[3] and its first product, AppFolio Property Manager, was launched in 2007.[4]
In November 2012, AppFolio acquired MyCase, a "legal practice management software provider."[5]
AppFolio purchased real estate software firm RentLinx in April 2015. This acquisition included rights to the website ShowMeTheRent.com, which increased AppFolio’s listing presence.[6][1]
In May 2015, AppFolio announced its IPO,[2] which was unveiled in June.[1]
In September 2018, AppFolio reported acquisition of utility analytics software WegoWise. [7]
In January 2019, AppFolio acquired Dynasty Marketplace, Inc., for $60 million.[8][9]
In September 2020, AppFolio announced the sale of MyCase to private equity firm Apax Funds, for approximately $193 million.[10]
Products
AppFolio Property Manager
A property technology solution with accounting, marketing, leasing, and management functionality for multifamily and single-family, commercial, student housing, community association, and mixed portfolio property managers.[11]
AppFolio Investment Management
A software platform designed for real estate investment management, with tools for fund management and syndication.[12]
Awards
In 2020, AppFolio ranked #1 in Fortune’s list of Fastest-Growing Companies.[13]
The same year, AppFolio was recognized as a Best Place to Work by Glassdoor.[14]
References
- ↑ 1.0 1.1 1.2 Potthoff, Gina (28 November 2015). "Goleta's AppFolio on Steady Path to Expansion, Success with Cloud-Based Software". Noozhawk. https://www.noozhawk.com/article/goleta_based_appfolio_on_steady_path_to_expansion_success_20151128.
- ↑ 2.0 2.1 "AppFolio files for $100M IPO". Pacific Coast Business Times. 19 May 2015. https://www.pacbiztimes.com/2015/05/19/appfolio-files-for-100m-ipo/.
- ↑ 3.0 3.1 3.2 McFadden, Kevin (6 September 2010). "AppFolio Stakes Out Territory in Field of Property Management Software". Noozhawk. https://www.noozhawk.com/article/090510_appfolio.
- ↑ 4.0 4.1 Kettmann, Matt (11 November 2014). "AppFolio Cofounder Talks Startup Weekend". Santa Barbara Independent. http://www.independent.com/news/2014/nov/11/appfolio-cofounder-talks-startup-weekend/.
- ↑ Kowalski, Mitch (8 November 2012). "MyCase acquired by AppFolio". National Post. http://business.financialpost.com/legal-post/mycase-acquired-by-appfolio.
- ↑ Martin, Erika (10 April 2015). "AppFolio buys San Diego real estate tech firm". Pacific Coast Business Times. https://www.pacbiztimes.com/2015/04/10/appfolio-buys-san-diego-real-estate-tech-firm/.
- ↑ "AppFolio acquires analytics software company WegoWise". https://www.pacbiztimes.com/2018/09/04/appfolio-acquires-analytics-software-company-wegowise/.
- ↑ "Stradling Advises AppFolio in its $60 Million Acquisition of Dynasty Marketplace" (in en). https://ccbjournal.com/news/stradling-advises-appfolio-in-its-60-million-acquisition-of-dynasty-marketplace.
- ↑ "AppFolio Acquires Dynasty Marketplace, Inc." (in en-US). 2019-01-08. https://www.mirrorreview.com/appfolio-acquires-dynasty-marketplace-inc/.
- ↑ September 08, Rhys Dipshan |; PM, 2020 at 05:28. "MyCase Sold to Private Equity Firm for Nearly $200 Million" (in en). https://www.law.com/legaltechnews/2020/09/08/mycase-sold-to-private-equity-firm-for-nearly-200-million/.
- ↑ "AppFolio Property Manager Reviews & Product Details". 2020-12-29. https://www.g2.com/products/appfolio-property-manager/reviews.
- ↑ "AppFolio Investment Management Reviews & Product Details". 2020-12-29. https://www.g2.com/products/appfolio-investment-management/reviews.
- ↑ "Finance has usurped tech among the most-represented industries on the 100 Fastest-Growing Companies list" (in en). https://fortune.com/2020/10/29/fastest-growing-companies-appfolio-tech-finance-industry-tech-company-growth/.
- ↑ Columbus, Louis. "Glassdoor's Best Places To Work In 2020 Shows Tech Is The Future" (in en). https://www.forbes.com/sites/louiscolumbus/2019/12/11/glassdoors-best-places-to-work-in-2020-shows-tech-is-the-future/.
External links
- Business data for AppFolio, Inc.:
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