Company:Buildium

From HandWiki
Short description: American property software management
Buildium
TypePrivate company
IndustryProperty management
Founded2004; 20 years ago (2004)
Headquarters
Boston, Massachusetts
,
Websitewww.buildium.com

Buildium is an American property management software company. It was founded in 2004 and headquartered in Boston, Massachusetts, providing cloud-based (software as a service), real estate software. Its property management software allows real estate professionals to manage property portfolios, including leasing, accounting and operations.[1]

History

Buildium was co-founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos.[2] The company was bootstrapped for the first eight years, and in 2012 and 2014, Buildium raised two rounds of funding totaling $20 million from K1 Investment Management.[3] In June 2016, the company raised $65M from Sumeru Equity Partners.[4][5][6]

In February 2015, Buildium acquired All Property Management, a provider of online marketing services for property managers.[7][8][9]

In April 2017, Buildium was named Leader in Gartner Frontrunners Quadrant for Property Management Software.[10]

In December 2019 Buildium was acquired by RealPage. RealPage previously pegged the value of the Buildium acquisition at $580 million.[11]

References

  1. Strong, Rebecca (February 19, 2015). "Buildium is the Largest Boston Tech Company You've Never Heard Of". BostInno. http://bostinno.streetwise.co/2015/02/19/boston-property-management-software-firm-buildium-seeing-major-growth/. 
  2. Boyle, Josh (March 8, 2015). "Born and Bred in Boston, Buildium is Built To Last". VentureFizz. https://venturefizz.com/blog/born-and-bred-boston-buildium-built-last/. 
  3. Griffith, Erin (June 2, 2016). "Exclusive: Buildium Raises $65 Million for Landlord Software". Fortune. http://fortune.com/2016/06/08/exclusive-buildium-raises-65-million-for-landlord-software/. 
  4. "Boston real estate software company lands $65M in funding". Boston Business Journal. June 8, 2016. http://www.bizjournals.com/boston/real_estate/2016/06/boston-real-estate-software-company-lands-65m-in.html. 
  5. "These 3 Platforms Are Transforming Property Management | cre.tech". 4 May 2017. https://cre.tech/3-platforms-transforming-property-management/. [yes|permanent dead link|dead link}}]
  6. "Exclusive: Buildium Raises $65 Million for Landlord Software". http://fortune.com/2016/06/08/exclusive-buildium-raises-65-million-for-landlord-software/. 
  7. allpropertymanagement.com. "Rental Property Managers, Get Free Quotes - APM". http://www.allpropertymanagement.com/. 
  8. Davidson, Michael (February 12, 2015). "Xconomy". http://www.xconomy.com/boston/2015/02/12/acquisition-extends-buildiums-offerings-for-real-estate-industry/. 
  9. "Buildium software company buys Seattle's All Property Management". 12 February 2015. https://www.geekwire.com/2015/buildium-software-company-buys-seattles-property-management/. 
  10. "Buildium named Leader in Gartner Frontrunners Quadrant for Property Management Software". Yahoo.com. https://finance.yahoo.com/news/buildium-named-leader-gartner-frontrunners-130000221.html. 
  11. "RealPage buys Buildium for $580 million" (in en-US). 2019-12-20. https://www.housingwire.com/articles/realpage-buys-buildium-for-580-million/.