AppFolio

Rank#2505

Market Cap7.19B

CountryUnited States

Summary

AppFolio, Inc., together with its subsidiaries, provides cloud business management solutions for the real estate industry. The company offers AppFolio Property Manager, a platform to leverage process automation, easy to use interface, and the optimization of common workflows for property management companies, as well as completes and records critical transactions in the system and give its customers access to the data they need to run their business; AppFolio Property Manager Plus, which offers customizable workflows that allow customers to digitize their existing processes, performance insights, intelligent revenue management, and integrations through selected partners and dedicated strategic account managers; and AppFolio Investment Management, a solution that is designed to enable real estate investment management organizations to manage investor relationships through enhancing transparency and streamlining certain business processes. It also provides value added services that are designed to enhance, automate, and streamline processes and workflows for property management businesses, such as electronic payment, tenant screening, and insurance services. AppFolio, Inc. was incorporated in 2006 and is headquartered in Santa Barbara, California.

History

AppFolio was established in 2006 by co-founders Klaus Schauser and Jon Walker. Schauser had previously founded Expertcity.The company’s first focus was property management for small to medium businesses and its first product, AppFolio Property Manager, was launched in 2007.In November 2012, AppFolio acquired MyCase, a "legal practice management software provider."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.In May 2015, AppFolio announced its IPO, which was unveiled in June.In September 2018, AppFolio reported acquisition of utility analytics software WegoWise. In January 2019, AppFolio acquired Dynasty Marketplace, Inc., for $60 million.In September 2020, AppFolio announced the sale of MyCase to private equity firm Apax Funds, for approximately $193 million.

Mission

Our mission is to revolutionize vertical industry businesses by providing great software and services.

Vision

Klaus Schauser and Jon Walker formed AppFolio, Inc. with a vision to revolutionize the way small and medium-sized businesses grow and compete by offering software, best practices and technology designed for specific vertical markets.

References

https://en.wikipedia.org/wiki/AppFolio

https://in.investing.com/equities/appfolio-inc

https://finance.yahoo.com/quote/APPF/profile?p=APPF

https://www.comparably.com/companies/appfolio/mission

https://www.crunchbase.com/organization/appfolio

https://sec.report/CIK/0001433195

https://companiesmarketcap.com/

https://www.appfolioinc.com

Leadership team

Mr. Jason Robert Randall (Pres, CEO & Director)

Mr. Jonathan Walker (Founder & CTO)