American real estate software services company
AppFolio, Inc. Company type Public Industry Software Founded 2006; 19 years ago (2006 ) Founders Headquarters ,U.S.
Area served
United States Key people
Products AppFolio Property Manager AppFolio Investment Manager Services Software as a service Revenue US$ 794 millionUS$136 million (2024)US$204 million (2024)Total assets US$627 million (2024)Total equity US$519 million (2024)Number of employees
1,634 (2024) Website appfolio Footnotes / references [update] [ 1]
AppFolio, Inc. is an American company founded in 2006 that offerssoftware-as-a-service (SaaS) applications and services to the real estate industry.
The company'sheadquarters is inGoleta, California ,[ 2] Santa Barbara area.
AppFolio was established in 2006 by co-founders Klaus Schauser[ 3] [ 4] [ 5] Expertcity .[ 4]
The company's first focus wasproperty management forsmall to medium businesses [ 4] [ 5]
In November 2012, AppFolio acquired MyCase, a "legal practice management software provider ."[ 6]
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.[ 7] [ 2]
In May 2015, AppFolio announced itsInitial public offering ,[ 3] [ 2]
In September 2018, AppFolio reported acquisition of utility analytics software WegoWise.[ 8]
In January 2019, AppFolio acquired Dynasty Marketplace, Inc., for $60 million.[ 9] [ 10]
In September 2020, AppFolio announced the sale of MyCase to private equity firm Apax Funds, for approximately $193 million.[ 11]
AppFolio Property Manager [ edit ] Aproperty technology solution with accounting, marketing, leasing, and management functionality for multifamily and single-family, commercial, student housing, community association, and mixed portfolio property managers.[ 12] [ 13]
AppFolio Investment Manager [ edit ] A software platform designed for real estate investment management, with tools for fund management and syndication.[ 14]
In 2020, AppFolio ranked #1 inFortune ’s list of Fastest-Growing Companies.[ 15]
The same year, AppFolio was recognized as a Best Place to Work byGlassdoor .[ 16]
^ "US SEC: Form 10-K AppFolio, Inc" .U.S. Securities and Exchange Commission . February 6, 2025.^a b c Potthoff, Gina (28 November 2015)."Goleta's AppFolio on Steady Path to Expansion, Success with Cloud-Based Software" .Noozhawk . Retrieved13 March 2017 . ^a b "AppFolio files for $100M IPO" .Pacific Coast Business Times . 19 May 2015.Archived from the original on 7 October 2022. Retrieved16 March 2017 .^a b c McFadden, Kevin (6 September 2010)."AppFolio Stakes Out Territory in Field of Property Management Software" .Noozhawk . Retrieved16 March 2017 . ^a b Kettmann, Matt (11 November 2014)."AppFolio Cofounder Talks Startup Weekend" .Santa Barbara Independent Archived from the original on 18 March 2017. Retrieved16 March 2017 . ^ Kowalski, Mitch (8 November 2012)."MyCase acquired by AppFolio" .National Post .Archived from the original on 18 March 2017. Retrieved13 March 2017 . ^ Martin, Erika (10 April 2015)."AppFolio buys San Diego real estate tech firm" .Pacific Coast Business Times .Archived from the original on 7 October 2022. Retrieved13 March 2017 . ^ "AppFolio acquires analytics software company WegoWise" .Pacific Coast Business Times . 5 September 2018.Archived from the original on 2018-09-08. Retrieved2021-10-04 .^ "Stradling Advises AppFolio in its $60 Million Acquisition of Dynasty Marketplace" .CCBJ .Archived from the original on 2022-10-07. Retrieved2020-04-15 .^ "AppFolio Acquires Dynasty Marketplace, Inc" .Mirror Review . 2019-01-08. Retrieved2020-04-15 .^ September 08, Rhys Dipshan |; PM, 2020 at 05:28."MyCase Sold to Private Equity Firm for Nearly $200 Million" .Legaltech News .Archived from the original on 2022-10-07. Retrieved2020-12-29 . {{cite web }}: CS1 maint: numeric names: authors list (link )^ "AppFolio Property Manager Reviews & Product Details" .G2 . 2020-12-29.Archived from the original on 2020-04-22. Retrieved2020-12-29 .^ "AppFolio Expands Through a Platform Marketplace" .GlobeSt . Retrieved2022-11-03 .^ "AppFolio Investment Management Reviews & Product Details" .G2 . 2020-12-29.Archived from the original on 2020-05-08. Retrieved2020-12-29 .^ "Finance has usurped tech among the most-represented industries on the 100 Fastest-Growing Companies list" .Fortune .Archived from the original on 2021-02-10. Retrieved2021-01-28 .^ Columbus, Louis."Glassdoor's Best Places To Work In 2020 Shows Tech Is The Future" .Forbes .Archived from the original on 2022-10-07. Retrieved2021-01-28 .
Energy Materials Industrials Consumer Consumer Healthcare Financials Information Communication Real estate Utilities
US$794 million (2024)