{ "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "currency": "USD", "platforms": [ { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "1", "platform_id": "apartments_com", "platform": "Apartments.com Rental Manager", "corporate_group": "CoStar Group", "ownership_status": "Public-parent subsidiary", "category": "Rental discovery marketplace and landlord tools", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.apartments.com/rental-manager", "founded_year": "1992", "founding_basis": "Original Visual Properties business; Apartments.com branded site launched in 1998", "product_launch_year": "1998", "age_years_approx": "34", "age_rank_oldest_first": "4", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "CoStar Group, Inc.", "ticker": "CSGP", "exchange": "NASDAQ", "public_market_cap_rank": "1", "public_market_cap_usd": "12340000000", "public_market_cap_scope": "Whole CoStar Group; no standalone Apartments.com market cap", "market_cap_source_snapshot": "2026-09-12", "market_cap_status": "Delayed sourced public-company/parent snapshot; not live September 14 quote", "historical_value_usd": "584200000", "historical_value_date": "2014-04-01", "historical_value_type": "Adjusted acquisition purchase price", "historical_value_status": "Completed historical deal; headline announced price approximately $585M", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "", "funding_status": "Standalone cumulative VC financing not verified; corporate-owned since 2014", "latest_disclosed_round_usd": "", "latest_disclosed_round_date": "", "latest_disclosed_round_type": "", "investors": "", "funding_confidence": "", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "", "customers_operator": "", "customers_definition": "", "customers_as_of": "", "customer_count_status": "Unique Rental Manager landlord accounts not separately disclosed", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "89275", "advertising_property_definition": "Paying advertising properties; not operationally managed buildings", "advertising_property_as_of": "2025-12-31", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "", "units_operator": "", "units_definition": "", "units_as_of": "", "units_evidence": "", "units_count_status": "Rental Manager operational units not separately disclosed", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Advertised properties can contain many units. Paid advertising customers are not the same population as free landlord-tool users.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Responsive mobile web; official native apps are renter-facing, not a native landlord-management app", "ios_app_names": "Apartments.com Rental Finder (renter search)", "android_app_names": "Apartments.com rental-search app (renter-facing)", "resident_web_access": "Online applications and rent payments at participating properties", "native_app_role_caveat": "iOS/Android Yes describes the renter-search ecosystem; native landlord app is not available per official help.", "features": "Rental listings; applicant screening; electronic leasing; rent collection; maintenance requests; expense tracking", "property_discovery": "Consumer rental marketplace with property search and landlord inquiries", "typical_customer": "Independent landlords using self-service tools; professional managers buying rental advertising", "pricing_verified_date": "2026-09-14", "pricing_model": "Free basic landlord tools; optional paid advertising and transaction services", "starting_monthly_usd": "0", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "Basic self-service landlord tools, not all advertising products", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "Basic landlord tools $0; paid multifamily advertising quoted separately", "screening_fee_usd": "32", "screening_fee_note": "Applicant pays $32 plus tax; up to ten participating landlords within 30 days", "payment_fee_note": "ACH free; renter card/Google Pay fee 2.75%", "trial_note": "", "contract_setup_note": "Advertising contracts and optional paid products have separate terms", "material_limitations": "Do not substitute the free rental tools for a demonstrated enterprise accounting implementation; parent value does not price the individual product.", "data_quality_summary": "Do not substitute the free rental tools for a demonstrated enterprise accounting implementation; parent value does not price the individual product. Advertised properties can contain many units. Paid advertising customers are not the same population as free landlord-tool users.", "description_p1": "Apartments.com combines a consumer rental marketplace with a browser-based suite for landlords. Its business roots trace to Visual Properties in 1992, while the Apartments.com-branded website launched in 1998; the two dates describe different milestones. CoStar acquired the business in April 2014 for approximately $585 million, with the subsequent filing recording an adjusted $584.2 million purchase price. The approximately $12.34 billion public market capitalization belongs to the entire CoStar Group, not this individual website. [S004, S005, S001]", "description_p2": "The clearest dated commercial footprint found was 89,275 paying properties at December 31, 2025. This is an advertising-property metric, not a verified count of customers using Rental Manager, residential units operated through the software, or individual tenants. One advertised community can contain many apartments, and free landlord-tool users can fall outside that paying-property population. Standalone cumulative venture funding and current unique tenant counts were not verified, so the dataset leaves their numeric fields empty rather than extrapolating. [S007, S006]", "description_p3": "Landlords can advertise vacancies, receive applications, obtain screening reports, prepare or manage electronic leases, and collect rent through the online service. Maintenance and expense tools extend the workflow beyond finding the next occupant. For renters, the public marketplace supplies property-search and inquiry functions that a back-office accounting package does not inherently provide. Its strongest analytical fit is a landlord seeking an integrated discovery-to-rent-collection workflow, while larger managers should separately evaluate accounting depth, advertising contracts and integration requirements. [S008]", "description_p4": "The platform has a public website and a working landlord web application that can also be used through a mobile browser. Native iOS and Android applications exist, but the official help center says these apps are for renters rather than landlords. Consequently, an app-store presence should not be interpreted as a native mobile property-management console. Renters can use the search app to explore available homes, while applications, payments and other account services depend on the participating property and the appropriate online workflow. [S009, S010, S008]", "description_p5": "Basic landlord tools have no monthly software subscription charge, but the overall rental process is not entirely free to every participant. Applicants pay $32 plus applicable tax for screening, reusable with up to ten participating landlords over 30 days. Bank-account payments are free, while renter card and Google Pay transactions carry a 2.75 percent fee. Paid advertising remains a separate commercial product, so a buyer should compare advertising spend and renter-facing charges rather than equating a zero-dollar software plan with zero total cost. [S012, S011, S008]", "history_source_ids": "S004", "valuation_source_ids": "S001; S005; S006", "funding_source_ids": "S006", "scale_source_ids": "S007", "features_source_ids": "S008", "apps_source_ids": "S009; S010", "pricing_source_ids": "S008; S011; S012", "risk_source_ids": "", "all_source_ids": "S004; S001; S005; S006; S007; S008; S009; S010; S011; S012", "history_source_urls": "https://www.inman.com/2004/07/08/world-online-apartment-hunting/", "valuation_source_urls": "https://companiesmarketcap.com/costar-group/marketcap/ | https://www.sec.gov/Archives/edgar/data/1057352/000105735215000012/csgp-10k_20141231.htm | https://www.prnewswire.com/news-releases/classified-ventures-llc-announces-close-of-apartmentscom-sale-to-costar-group-inc-253435461.html", "funding_source_urls": "https://www.prnewswire.com/news-releases/classified-ventures-llc-announces-close-of-apartmentscom-sale-to-costar-group-inc-253435461.html", "scale_source_urls": "https://www.alphaspread.com/de/security/nasdaq/csgp/investor-relations/earnings-call/q4-2025", "features_source_urls": "https://www.apartments.com/rental-manager", "apps_source_urls": "https://propertyhelp.apartments.com/article/82-does-apartments-com-have-a-mobile-app | https://apps.apple.com/ca/app/apartments-com-rental-finder/id319836632", "pricing_source_urls": "https://www.apartments.com/rental-manager | https://propertyhelp.apartments.com/article/755-are-there-any-fees-with-collecting-or-paying-rent-on-apartments | https://propertyhelp.apartments.com/article/13-applicant-cost", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "2", "platform_id": "appfolio", "platform": "AppFolio Property Manager", "corporate_group": "AppFolio", "ownership_status": "Public company", "category": "Cloud property-management operating system", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.appfolio.com/", "founded_year": "2006", "founding_basis": "Company founding year", "product_launch_year": "", "age_years_approx": "20", "age_rank_oldest_first": "9", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "AppFolio, Inc.", "ticker": "APPF", "exchange": "NASDAQ", "public_market_cap_rank": "2", "public_market_cap_usd": "7380000000", "public_market_cap_scope": "AppFolio corporate equity, not a separate product valuation", "market_cap_source_snapshot": "2026-09-12", "market_cap_status": "Delayed sourced public-company/parent snapshot; not live September 14 quote", "historical_value_usd": "", "historical_value_date": "", "historical_value_type": "", "historical_value_status": "", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "30000000", "disclosed_funding_sum_usd": "30000000", "funding_status": "Approximate historical pre-IPO private rounds; secondary reconstruction", "latest_disclosed_round_usd": "8000000", "latest_disclosed_round_date": "2009-08", "latest_disclosed_round_type": "Historical private financing before public listing", "investors": "IGSB; other historical investors not exhaustively verified", "funding_confidence": "Medium; historical round reconstruction and contemporaneous reporting", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "22751", "customers_operator": "Exact reported count", "customers_definition": "Property-management customers", "customers_as_of": "2026-06-30", "customer_count_status": "", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "9600000", "units_operator": "Approximately", "units_definition": "Units under management on the property-management platform; not tenants", "units_as_of": "2026-06-30", "units_evidence": "Company earnings disclosure / filing", "units_count_status": "", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "A customer can manage many units. Unit and customer totals are dated June 2026 and do not represent distinct resident people.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "AppFolio Property Manager native iOS app verified; browser application; separate resident mobile ecosystem", "ios_app_names": "AppFolio Property Manager; Online Portal by AppFolio", "android_app_names": "Online Portal by AppFolio (resident app verified)", "resident_web_access": "Online Portal by AppFolio", "native_app_role_caveat": "Android availability is directly verified for the resident portal; no unsupported claim of full manager-app feature parity.", "features": "Property accounting; reporting; marketing and leasing; payments; work orders; inspections; resident and owner communications; RealmX automation; tier-dependent APIs", "property_discovery": "Manager listings and marketing workflows, rather than a general consumer housing-search brand", "typical_customer": "Professional residential and mixed-portfolio property managers", "pricing_verified_date": "2026-09-14", "pricing_model": "Quote-based Core, Plus and Max plans", "starting_monthly_usd": "", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "", "minimum_units": "50", "minimum_monthly_usd": "", "minimum_spend_note": "Core has a 50-unit minimum and a minimum-spend condition; current dollar minimum not disclosed", "pricing_tiers": "Current dollar rates not publicly posted; Core, Plus and Max require a sales quote", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "Payments, screening and other value-added services may have separate fees; obtain written quote", "trial_note": "", "contract_setup_note": "Implementation, modules and contract terms require quote review", "material_limitations": "Historical online per-unit price lists were not treated as current prices. Portfolio fit and data-access features differ by tier.", "data_quality_summary": "Historical online per-unit price lists were not treated as current prices. Portfolio fit and data-access features differ by tier. A customer can manage many units. Unit and customer totals are dated June 2026 and do not represent distinct resident people.", "description_p1": "AppFolio is a public software company founded in 2006 and focused on the operating needs of real-estate businesses. Its Property Manager product is a management system rather than primarily a consumer rental-search destination. The sourced September market-capitalization snapshot was approximately $7.38 billion for AppFolio as a company. That figure can be compared with other listed-company equity values, but it is not directly comparable with an acquisition price that includes debt or a private-company fundraising total. [S013, S002]", "description_p2": "AppFolio reported 22,751 property-management customers and approximately 9.6 million units at June 30, 2026. These are separate operating measures: one customer may manage a large portfolio, while each unit can house more than one resident. Historical private financing is approximately $30 million from the disclosed pre-IPO rounds, including an $8 million financing reported in August 2009. The funding reconstruction is less authoritative than the recent operating disclosures, and neither the unit total nor website traffic is used to invent a tenant count. [S016, S017, S014, S015]", "description_p3": "The platform connects accounting, reporting, marketing, leasing, payments, maintenance and communications in a common operating environment. Its current package structure also includes RealmX automation, with more advanced accounting, workflow and integration capabilities differentiated across tiers. This breadth makes it relevant to managers seeking fewer disconnected systems and a consistent operating record across a growing portfolio. However, the useful comparison is the exact package and services being purchased, because advanced APIs and specialized capabilities are not automatically included in every plan. [S019]", "description_p4": "Customers use AppFolio through a browser, and a native AppFolio Property Manager application is verified on iOS. Residents have a separate Online Portal by AppFolio experience available on the web and through both iOS and Android applications. The resident portal supports rent payments, maintenance requests and document access, rather than exposing the manager’s complete accounting environment. This role separation is important when evaluating mobile coverage: the presence of a resident Android app does not by itself establish identical operator functionality across every device. [S020, S021]", "description_p5": "Current Core, Plus and Max prices require a sales quote; the vendor no longer presents a reliable public dollar-per-unit schedule on the reviewed pricing page. Core specifies a 50-unit minimum and a minimum-spend condition, but the dollar minimum was not disclosed. Payment processing, screening, implementation and selected services should be checked in the actual proposal instead of assumed to be included. For a buyer, the practical cost comparison is the complete annual contract and expected transaction volume, not an old third-party entry price. [S019]", "history_source_ids": "S013", "valuation_source_ids": "S002", "funding_source_ids": "S014; S015", "scale_source_ids": "S016; S017; S018", "features_source_ids": "S019; S013", "apps_source_ids": "S020; S021", "pricing_source_ids": "S019", "risk_source_ids": "", "all_source_ids": "S013; S002; S014; S015; S016; S017; S018; S019; S020; S021", "history_source_urls": "https://www.appfolio.com/company/who-we-are/", "valuation_source_urls": "https://companiesmarketcap.com/appfolio/marketcap/", "funding_source_urls": "https://www.owler.com/company/appfolio/funding | https://www.pacbiztimes.com/2009/08/18/appfolio-gains-8m-more-in-venture-capital/", "scale_source_urls": "https://www.sec.gov/Archives/edgar/data/1433195/000143319526000058/appf-20260630.htm | https://www.marketbeat.com/earnings/reports/2026-7-23-appfolio-inc-stock/ | https://ir.appfolioinc.com/news-releases/news-release-details/appfolio-inc-announces-second-quarter-2026-financial-results", "features_source_urls": "https://www.appfolio.com/pricing | https://www.appfolio.com/company/who-we-are/", "apps_source_urls": "https://apps.apple.com/us/app/appfolio-property-manager/id1057763031 | https://www.appfolio.com/help/online-portal", "pricing_source_urls": "https://www.appfolio.com/pricing", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "3", "platform_id": "zillow", "platform": "Zillow Rental Manager", "corporate_group": "Zillow Group", "ownership_status": "Public-parent product", "category": "Rental discovery marketplace and landlord tools", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.zillow.com/rental-manager/", "founded_year": "2004", "founding_basis": "Original Zillow operating company incorporated December 2004; consumer website launched 2006; not Rental Manager product age", "product_launch_year": "", "age_years_approx": "22", "age_rank_oldest_first": "7", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "Zillow Group, Inc.", "ticker": "Z; ZG", "exchange": "NASDAQ", "public_market_cap_rank": "3", "public_market_cap_usd": "7300000000", "public_market_cap_scope": "Whole Zillow Group; do not add Z and ZG separately", "market_cap_source_snapshot": "2026-09-13", "market_cap_status": "Delayed sourced public-company/parent snapshot; not live September 14 quote", "historical_value_usd": "", "historical_value_date": "", "historical_value_type": "", "historical_value_status": "", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "87000000", "disclosed_funding_sum_usd": "87000000", "funding_status": "Historical cumulative Zillow-company venture financing, not Rental Manager-specific funding", "latest_disclosed_round_usd": "30000000", "latest_disclosed_round_date": "2007-09-20", "latest_disclosed_round_type": "Historical Series C / private financing", "investors": "Legg Mason led the cited $30M round", "funding_confidence": "High for historical company total; not product-specific", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "", "customers_operator": "", "customers_definition": "", "customers_as_of": "", "customer_count_status": "Rental Manager unique landlord customer count not separately verified", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "79000", "advertising_property_definition": "Multifamily properties on the rentals platform; not operational management clients", "advertising_property_as_of": "2026-Q2", "active_rental_listings_count": "2800000", "active_rental_listings_definition": "Average monthly active rental listings, not unique leased units or people", "active_rental_listings_as_of": "2026-Q2", "units_count": "", "units_operator": "", "units_definition": "", "units_as_of": "", "units_evidence": "", "units_count_status": "Operationally managed units not separately disclosed", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Active listings, multifamily properties and landlord accounts are different populations. Broad Zillow audience metrics are not tenant counts.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Zillow Rental Manager native iOS and Android apps plus web dashboard", "ios_app_names": "Zillow Rental Manager", "android_app_names": "Zillow Rental Manager", "resident_web_access": "Zillow applications and payments at participating rentals", "native_app_role_caveat": "Landlord app is distinct from Zillow consumer home-search apps; availability of lease tools varies by market.", "features": "Listing distribution; applications; tenant screening; digital leasing; rent collection; tour coordination; move-in and property-lifecycle tools", "property_discovery": "Zillow rental search and Zillow/Trulia/HotPads distribution", "typical_customer": "Independent residential landlords; multifamily advertisers under separate programs", "pricing_verified_date": "2026-09-14", "pricing_model": "Free basic landlord tools with optional premium listings and applicant-paid screening", "starting_monthly_usd": "0", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "Basic direct self-service listings and landlord tools", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "Basic $0; optional $39.99 premium upgrade per listing for up to 90 days", "screening_fee_usd": "35", "screening_fee_note": "Applicant pays $35; reusable across participating rentals for 30 days", "payment_fee_note": "Payment-method and expedited-service fees should be checked in the current payment flow; not fully quantified in this dataset", "trial_note": "", "contract_setup_note": "Premium listing is an optional per-listing purchase; larger multifamily advertising has different terms", "material_limitations": "Not valued separately from Zillow Group. Listing scale is not equivalent to units managed in a property-accounting system.", "data_quality_summary": "Not valued separately from Zillow Group. Listing scale is not equivalent to units managed in a property-accounting system. Active listings, multifamily properties and landlord accounts are different populations. Broad Zillow audience metrics are not tenant counts.", "description_p1": "Zillow Rental Manager is the landlord-facing portion of Zillow’s housing marketplace rather than a separately listed company. The original Zillow operating business was incorporated in December 2004, and its consumer website launched in February 2006; those milestones should not be mistaken for the launch date of Rental Manager itself. The latest sourced market-cap snapshot was approximately $7.30 billion for Zillow Group. Because Z and ZG are share classes of the same group, their quoted market capitalizations must not be added together. [S022, S003]", "description_p2": "In the second quarter of 2026, Zillow disclosed approximately 79,000 multifamily properties and 2.8 million average monthly active rental listings. These measures describe rental-marketplace coverage, not a verified portfolio of tenants or accounting-system units under management. A historical company announcement documented $87 million of venture funding, with a $30 million round reported in September 2007. That financing belongs to the broader Zillow business, and the research did not identify a separate Rental Manager funding total or an exact count of its active landlord accounts. [S025, S026, S023, S024]", "description_p3": "The service helps landlords publish vacancies, distribute listings, receive applications, review screening information, manage leasing and collect rent. Tour coordination and move-in tools support the transition from an interested prospect to an occupying renter. Its main distinction is the connection between consumer housing discovery and a self-service landlord workflow. For an organization requiring sophisticated portfolio accounting, the appropriate evaluation is whether these tools complement an existing management system rather than assuming that marketplace reach guarantees enterprise back-office depth. [S027]", "description_p4": "Zillow provides both a public website and a web-based Rental Manager dashboard, together with dedicated iOS and Android landlord applications. The official app-download help page links both platforms, so native availability is directly verified rather than inferred from a consumer search app. Mobile workflows include listing activity, applications and selected payment or move-in tasks. Renters interact with the corresponding application and payment services when a landlord enables them, and lease availability or other workflow details can depend on the property and location. [S030, S031, S027]", "description_p5": "Basic direct rental listings and landlord tools are free, while the optional premium listing upgrade costs $39.99 for benefits lasting up to 90 days. Applicants pay $35 for screening that can be reused with participating rentals over a 30-day period. Larger multifamily advertising programs have separate terms and should not be priced using the self-service premium fee. A useful cost review also checks the current payment-method and expedited-service charges, which are not fully quantified here rather than being assumed to be zero. [S028, S029]", "history_source_ids": "S022", "valuation_source_ids": "S003", "funding_source_ids": "S023; S024", "scale_source_ids": "S025; S026", "features_source_ids": "S027", "apps_source_ids": "S030; S031", "pricing_source_ids": "S028; S029", "risk_source_ids": "", "all_source_ids": "S022; S003; S023; S024; S025; S026; S027; S030; S031; S028; S029", "history_source_urls": "https://www.sec.gov/Archives/edgar/data/1334814/000119312515050643/d821877d10k.htm", "valuation_source_urls": "https://companiesmarketcap.com/zillow/marketcap/", "funding_source_urls": "https://zillow.mediaroom.com/2010-03-15-Zillow-com-Partners-With-John-L-Scott-Real-Estate | https://www.inman.com/2007/09/20/zillow-gets-another-30-million-in-financing/", "scale_source_urls": "https://investors.zillowgroup.com/overview/default.aspx | https://www.housingwire.com/articles/zillow-q2-2026-earnings/", "features_source_urls": "https://www.zillow.com/rental-manager/", "apps_source_urls": "https://help.zillowrentalmanager.com/hc/en-us/articles/360001760067-Where-can-I-download-the-Zillow-Rental-Manager-App | https://apps.apple.com/us/app/zillow-rental-manager/id759202892", "pricing_source_urls": "https://help.zillowrentalmanager.com/hc/en-us/articles/360058063753-Claiming-Rental-Listings-in-Zillow-Rental-Manager | https://help.zillowrentalmanager.com/hc/en-us/articles/360000964427-How-much-does-the-application-cost", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "4", "platform_id": "realpage", "platform": "RealPage / OneSite / LOFT", "corporate_group": "RealPage / Thoma Bravo", "ownership_status": "Private; Thoma Bravo-owned", "category": "Enterprise rental-housing software and resident services", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.realpage.com/", "founded_year": "1998", "founding_basis": "RealPage company founding", "product_launch_year": "", "age_years_approx": "28", "age_rank_oldest_first": "5", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "", "ticker": "", "exchange": "", "public_market_cap_rank": "", "public_market_cap_usd": "", "public_market_cap_scope": "", "market_cap_source_snapshot": "", "market_cap_status": "Not applicable: no active public listing / standalone product market cap verified", "historical_value_usd": "10200000000", "historical_value_date": "2021-04-22", "historical_value_type": "Acquisition enterprise value including net debt", "historical_value_status": "Completed take-private; not current equity valuation", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "", "funding_status": "Private-equity buyout; cumulative early venture financing not verified", "latest_disclosed_round_usd": "", "latest_disclosed_round_date": "", "latest_disclosed_round_type": "", "investors": "Thoma Bravo", "funding_confidence": "", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "42000", "customers_operator": "More than", "customers_definition": "Group-wide customers across RealPage products", "customers_as_of": "2026-07-14", "customer_count_status": "", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "24000000", "units_operator": "Approximately", "units_definition": "Housing units served worldwide across group products, not OneSite-only core units", "units_as_of": "2026-07-14", "units_evidence": "Company acquisition press release", "units_count_status": "", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Broad group footprint includes ancillary products and can include Buildium. Do not sum RealPage and Buildium to estimate unique reach.", "overlap_note": "Buildium is included as a separate product row but belongs to this corporate group; no additive valuation or customer totals.", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Enterprise browser applications and product-specific operator tools", "ios_app_names": "LOFT Living (resident)", "android_app_names": "LOFT Living (resident)", "resident_web_access": "LOFT and property-enabled resident portals", "native_app_role_caveat": "Resident-app availability does not imply all OneSite operator functions are native-mobile.", "features": "Leasing; property accounting; payments; maintenance; utilities; resident communications; analytics; institutional data integration", "property_discovery": "Property marketing and leasing workflows; not primarily a standalone consumer search marketplace", "typical_customer": "Professional multifamily and institutional housing operators", "pricing_verified_date": "2026-09-14", "pricing_model": "Enterprise quotes by product, modules and portfolio", "starting_monthly_usd": "", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "No verified public standard dollar price for the enterprise platform", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "Resident and transaction fees vary by property, service and commercial agreement", "trial_note": "", "contract_setup_note": "Implementation, integration and module scope require a proposal", "material_limitations": "Review algorithmic-pricing governance and current settlement obligations; do not assume all litigation is resolved.", "data_quality_summary": "Review algorithmic-pricing governance and current settlement obligations; do not assume all litigation is resolved. Broad group footprint includes ancillary products and can include Buildium. Do not sum RealPage and Buildium to estimate unique reach.", "description_p1": "RealPage is a rental-housing technology group founded in 1998, with OneSite among its property-management products and LOFT serving the resident experience. Thoma Bravo completed its take-private transaction in April 2021 at approximately $10.2 billion including net debt. That number is a historical enterprise transaction value, not a present-day stock-market capitalization. The business also owns Buildium, so treating both brands as independent corporate investments would double-count ownership even though their product positioning differs. [S032, S033, S055]", "description_p2": "A July 2026 company announcement described more than 42,000 customers and approximately 24 million housing units served worldwide. This is a broad group footprint that can span property software, payments, screening and other services; it should not be relabeled as OneSite-only core managed units. The research did not verify a corresponding unique tenant count or a complete historical venture-capital total. Acquisition consideration is kept separate from funding, and the group’s scale is not added to Buildium’s historical customer and unit figures. [S034, S033, S056]", "description_p3": "RealPage’s product range covers leasing, accounting, payments, maintenance, utility services, resident communications and property analytics. Its acquisition of Cherre adds a connection to institutional real-estate data and portfolio intelligence, while the operational products remain the tools managers use for day-to-day rental administration. The analytical appeal is broad coverage for professional operators, especially when several functions need shared information. The corresponding diligence question is which modules, integrations and data rights are actually included in a proposed implementation rather than assuming that the entire catalogue is bundled. [S035, S034]", "description_p4": "The company maintains public product websites and browser-based management applications, with resident-facing web access and native mobile experiences through LOFT Living. LOFT is available on both iOS and Android and supports property-enabled services such as payments, maintenance requests, community interactions and lease-related activity. Resident access depends on the property’s participation and chosen configuration. These apps are evidence of resident mobile coverage, not proof that every accounting, revenue-management or administrator function in the wider RealPage portfolio has identical native-app functionality. [S036, S035]", "description_p5": "RealPage’s enterprise platform is quote-based, with no verified universal monthly price that can fairly represent the full product family. Buyers should request a complete proposal for licensing, implementation, integrations and transaction services, including any fees passed to residents. Algorithmic-pricing products also merit specific legal and data-governance review: the Department of Justice announced a RealPage settlement in November 2025 and referred to that settlement again in September 2026. This does not establish that every related private or state case has been resolved. [S035, S037, S038]", "history_source_ids": "S032", "valuation_source_ids": "S033", "funding_source_ids": "S033", "scale_source_ids": "S034", "features_source_ids": "S035; S034", "apps_source_ids": "S036", "pricing_source_ids": "S035", "risk_source_ids": "S037; S038", "all_source_ids": "S032; S033; S034; S035; S036; S037; S038; S055; S056", "history_source_urls": "https://www.realpage.com/company/", "valuation_source_urls": "https://www.realpage.com/news/thoma-bravo-completes-acquisition-of-realpage/", "funding_source_urls": "https://www.realpage.com/news/thoma-bravo-completes-acquisition-of-realpage/", "scale_source_urls": "https://www.realpage.com/news/realpage-acquires-cherre/", "features_source_urls": "https://www.realpage.com/ | https://www.realpage.com/news/realpage-acquires-cherre/", "apps_source_urls": "https://loftliving.com/", "pricing_source_urls": "https://www.realpage.com/", "risk_source_urls": "https://www.justice.gov/opa/pr/justice-department-requires-realpage-end-sharing-competitively-sensitive-information-and | https://www.justice.gov/opa/pr/justice-department-reaches-proposed-consent-decree-pinnacle-one-americas-largest-landlords" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "5", "platform_id": "mri", "platform": "MRI Software / MRI Living", "corporate_group": "MRI Software", "ownership_status": "Private; private-equity backed", "category": "Global residential and commercial real-estate software", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Global residential and commercial ecosystem; 170+ countries claimed", "website_url": "https://www.mrisoftware.com/", "founded_year": "1971", "founding_basis": "Original software business founding", "product_launch_year": "", "age_years_approx": "55", "age_rank_oldest_first": "1", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "", "ticker": "", "exchange": "", "public_market_cap_rank": "", "public_market_cap_usd": "", "public_market_cap_scope": "", "market_cap_source_snapshot": "", "market_cap_status": "Not applicable: no active public listing / standalone product market cap verified", "historical_value_usd": "", "historical_value_date": "", "historical_value_type": "", "historical_value_status": "No defensible completed/current valuation verified; target is in a separate column", "reported_exit_target_usd": "10000000000", "reported_exit_target_date": "2025-09-26", "reported_exit_target_status": "Up to $10B including debt, reported sale/IPO target; no completed transaction verified", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "", "funding_status": "PE growth investments verified; amounts and lifetime VC total not publicly verified", "latest_disclosed_round_usd": "", "latest_disclosed_round_date": "2020", "latest_disclosed_round_type": "Growth investment, amount undisclosed", "investors": "GI Partners; TA Associates; Harvest Partners", "funding_confidence": "", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "45000", "customers_operator": "More than", "customers_definition": "Global group clients across residential, commercial and other real-estate products", "customers_as_of": "Undated company page; accessed 2026-09-14", "customer_count_status": "", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "23000000", "units_operator": "Approximately", "units_definition": "Global group units across product and property types", "units_as_of": "Undated company page; accessed 2026-09-14", "units_evidence": "Current company marketing metrics; no stated measurement date", "units_count_status": "", "leases_count": "5500000", "leases_definition": "Global leases supported; not individual tenants", "leases_as_of": "Undated company page; accessed 2026-09-14", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Mixed commercial and residential coverage; 23M units is broader than some third-party core-PMS estimates. Leases are not resident people.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Browser-based product-specific systems; selected native operator/resident tools", "ios_app_names": "MRI RentPayment; MRI Engage Connect", "android_app_names": "MRI RentPayment", "resident_web_access": "MRI RentPayment and product-specific resident portals", "native_app_role_caveat": "Mobile availability varies by purchased module; not one universal native ERP app.", "features": "Property accounting; lease administration; facilities and maintenance; payments; resident engagement; investment and portfolio reporting", "property_discovery": "Leasing and property-marketing workflows within the suite; not primarily a consumer rental-search website", "typical_customer": "Institutional and professional residential/commercial property owners and managers", "pricing_verified_date": "2026-09-14", "pricing_model": "Quote-based by product, portfolio, modules and implementation", "starting_monthly_usd": "", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "No verified universal public dollar pricing for MRI enterprise products", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "Payment fees depend on property configuration and payment method", "trial_note": "", "contract_setup_note": "Migration, integrations, support and jurisdiction-specific modules require scoping", "material_limitations": "Reported $10B exit target is not a completed deal or verified current value; global marketing counts have no explicit measurement date.", "data_quality_summary": "Reported $10B exit target is not a completed deal or verified current value; global marketing counts have no explicit measurement date. Mixed commercial and residential coverage; 23M units is broader than some third-party core-PMS estimates. Leases are not resident people.", "description_p1": "MRI Software has roots dating to 1971, making it the oldest business in this selected comparison. It serves both residential and commercial real estate rather than only apartment landlords, and its ownership includes established private-equity investors. Reuters reported in September 2025 that its owners were considering an exit at up to $10 billion including debt. That was an aspirational sale or IPO target, not a completed transaction or independently verified current valuation, and the CSV deliberately stores it outside the realized-valuation columns. [S039, S040, S041]", "description_p2": "MRI’s current company overview cites more than 45,000 clients, approximately 23 million units and 5.5 million leases across more than 170 countries. The page does not provide a measurement date, so these are labeled as undated vendor metrics observed on the research date. The figures span a broad ecosystem and should not be interpreted as exclusively US residential units or individual renters. Investment participation by GI Partners, TA Associates and Harvest Partners is documented, but a dependable cumulative venture-funding amount was not disclosed. [S042, S040]", "description_p3": "The product family supports property accounting, lease administration, payments, facilities work, resident engagement and investment or portfolio reporting. This wider real-estate scope can matter for an owner managing a mixture of apartment communities and commercial assets. MRI also reported substantial new-client activity and increased adoption of its AI platform in its 2025 business review. An analytical advantage is breadth across asset types, while the associated buying challenge is to identify the exact residential modules and integrations needed rather than evaluating the MRI brand as one uniform product. [S042, S043]", "description_p4": "MRI offers public websites and product-specific web applications, with several mobile products serving particular roles. RentPayment is available through web access and iOS or Android apps, supporting rent payments, reminders and recurring payment arrangements. MRI Engage Connect provides another resident experience for functions such as work orders, announcements and lease information, with an iOS listing directly verified. These examples establish mobile access within the ecosystem, but they do not imply that every MRI product or administrative workflow is available in one common native application. [S044, S045]", "description_p5": "No verified universal public subscription price was found for the MRI enterprise suite, so its software cost is recorded as quote-based rather than assigned an invented monthly estimate. Commercial scope can depend on the selected products, portfolio, implementation requirements and integrations. Resident payment charges also depend on the property’s configuration and chosen payment route. A prospective buyer should request a module-level proposal and migration plan, then compare the full implementation and recurring operating cost with alternatives serving the same property types and jurisdictions. [S042, S044]", "history_source_ids": "S039", "valuation_source_ids": "S041", "funding_source_ids": "S040", "scale_source_ids": "S042; S043", "features_source_ids": "S042; S043", "apps_source_ids": "S044; S045", "pricing_source_ids": "S042; S044", "risk_source_ids": "", "all_source_ids": "S039; S041; S040; S042; S043; S044; S045", "history_source_urls": "https://www.mrisoftware.com/news/gi-partners-acquire-mri-software/", "valuation_source_urls": "https://www.reuters.com/technology/private-equity-owners-mri-software-target-sale-or-ipo-10-billion-valuation-2025-09-26/", "funding_source_urls": "https://www.mrisoftware.com/news/mri-software-receives-investment-accelerate-innovation-global-growth/", "scale_source_urls": "https://www.mrisoftware.com/uk/about/ | https://www.mrisoftware.com/news/mri-software-reports-record-year-after-adding-nearly-2000-new-clients-and-a-surge-in-ai-platform-adoption/", "features_source_urls": "https://www.mrisoftware.com/uk/about/ | https://www.mrisoftware.com/news/mri-software-reports-record-year-after-adding-nearly-2000-new-clients-and-a-surge-in-ai-platform-adoption/", "apps_source_urls": "https://mrisoftware.rentpayment.com/property-managers-and-landlords/features-benefits/ | https://apps.apple.com/us/app/mri-engage-connect/id6742867393", "pricing_source_urls": "https://www.mrisoftware.com/uk/about/ | https://mrisoftware.rentpayment.com/property-managers-and-landlords/features-benefits/", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "6", "platform_id": "entrata", "platform": "Entrata / Homebody", "corporate_group": "Entrata", "ownership_status": "Private; IPO registration pending in latest verified reporting", "category": "Multifamily operating system and resident experience", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.entrata.com/", "founded_year": "2003", "founding_basis": "Company founding", "product_launch_year": "", "age_years_approx": "23", "age_rank_oldest_first": "6", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "", "ticker": "", "exchange": "", "public_market_cap_rank": "", "public_market_cap_usd": "", "public_market_cap_scope": "", "market_cap_source_snapshot": "", "market_cap_status": "Not applicable: no active public listing / standalone product market cap verified", "historical_value_usd": "4300000000", "historical_value_date": "2025-05-15", "historical_value_type": "Disclosed private investment valuation", "historical_value_status": "Historical financing valuation; not a public market cap", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "707000000", "funding_status": "Sum of disclosed $507M and $200M growth rounds; not pure VC or an exhaustive financing total", "latest_disclosed_round_usd": "200000000", "latest_disclosed_round_date": "2025-05-15", "latest_disclosed_round_type": "Blackstone minority growth investment", "investors": "Blackstone; Silver Lake; Ryan Smith; Todd Pedersen; Dragoneer; other investors participated in related transactions", "funding_confidence": "High for two announced amounts; total incomplete because other transaction consideration was undisclosed", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "", "customers_operator": "", "customers_definition": "", "customers_as_of": "", "customer_count_status": "Total unique customer count not verified; high-ARR customer subset is not substituted", "operational_property_count": "35000", "operational_property_operator": "More than", "operational_property_definition": "Multifamily communities served across broader ecosystem", "operational_property_as_of": "2025-05-15", "operational_property_count_status": "Reported broader ecosystem communities, not necessarily core Operating System properties", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "2500000", "units_operator": "Approximately", "units_definition": "Billed core Operating System residential units; ancillary-product units excluded", "units_as_of": "2026-06-30", "units_evidence": "September 2026 amended SEC registration statement", "units_count_status": "", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "12000000", "tenants_residents_operator": "More than", "tenants_residents_definition": "Residents served across broader ecosystem; not necessarily unique active app users", "tenants_residents_as_of": "2025-05-15", "tenant_count_status": "Historical vendor resident footprint disclosed; scope broader than core billed units", "scale_comparability_note": "2.5M core units in 2026 and 12M residents / 35,000 communities in 2025 use different dates and product scopes. Do not calculate an occupancy ratio.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Entrata operator web application; role-specific tools", "ios_app_names": "Homebody", "android_app_names": "Homebody", "resident_web_access": "Homebody web application", "native_app_role_caveat": "Homebody is resident-facing; it is not the full operator accounting console.", "features": "Leasing; property accounting; payments; work orders; purchasing; resident engagement; integrated automation", "property_discovery": "Property leasing websites and leasing workflow; Homebody supports the resident journey", "typical_customer": "Professional multifamily operators and institutional portfolios", "pricing_verified_date": "2026-09-14", "pricing_model": "Enterprise quote-based software and modules", "starting_monthly_usd": "", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "No verified public standard subscription price", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "Payments and resident services may carry separate fees depending on contract and property", "trial_note": "", "contract_setup_note": "Scope implementation, data migration, modules and resident-service economics in proposal", "material_limitations": "Proposed IPO ticker is not treated as an active listing. Financing sum includes growth capital and is not an audited lifetime total.", "data_quality_summary": "Proposed IPO ticker is not treated as an active listing. Financing sum includes growth capital and is not an audited lifetime total. 2.5M core units in 2026 and 12M residents / 35,000 communities in 2025 use different dates and product scopes. Do not calculate an occupancy ratio.", "description_p1": "Entrata was founded in 2003 and provides an integrated operating system for multifamily property managers, complemented by the Homebody resident experience. Blackstone announced a $200 million minority investment in May 2025 at a $4.3 billion valuation. The latest reviewed September 2026 reporting still described an IPO registration process without completed offering terms. Accordingly, the historical private valuation is retained, while the public market-cap field remains empty rather than treating a proposed stock symbol as an already traded security. [S046, S049]", "description_p2": "The announced $507 million financing in 2021 and $200 million investment in 2025 sum to $707 million of disclosed growth transactions. That is not necessarily pure venture capital or a complete lifetime financing total, because a separate founder buyout had undisclosed consideration. Entrata’s amended filing identifies approximately 2.5 million billed core units at June 30, 2026. Its earlier claim of more than 12 million residents across 35,000 communities covers a broader ecosystem, so those figures must not be combined to infer occupancy or unique active users. [S047, S046, S050, S048]", "description_p3": "Entrata brings leasing, accounting, payments, maintenance, purchasing and resident interactions into an operating platform built around multifamily workflows. The resident-experience layer adds communication and engagement functions that continue after the initial lease is signed. Its Homebody partnership expansion with Cobu illustrates the effort to connect community engagement with leasing and retention activity. For a manager, the analytical attraction is operational integration; the appropriate diligence question is which workflows run natively in the contracted package and which still depend on separately purchased services or integrations. [S048, S052]", "description_p4": "The company maintains a public website and browser-based operator applications, while Homebody provides residents with web access and native iOS and Android apps. These resident channels are designed for the ongoing property relationship rather than for unrestricted access to management accounting. Community features and other services depend on the participating property and configured products. App availability therefore supports a claim of resident mobile coverage, but it should not be read as a promise that every Entrata administrator function has equivalent native mobile functionality. [S051, S052]", "description_p5": "A dependable public standard subscription price was not identified for Entrata’s enterprise system, and the dataset records pricing as requiring a quote. Evaluation should cover the core operating software, implementation, migration, enabled modules and any separate payment or resident-service economics. A low quoted base fee would not alone establish the total cost of a configured portfolio rollout. The strongest fit is a professional multifamily operation seeking a connected leasing-to-resident workflow and willing to assess the commercial terms at the module and property level. [S048, S051]", "history_source_ids": "S046", "valuation_source_ids": "S046; S049; S048", "funding_source_ids": "S047; S046; S050", "scale_source_ids": "S048; S046", "features_source_ids": "S048; S052", "apps_source_ids": "S051; S052", "pricing_source_ids": "S048; S051", "risk_source_ids": "", "all_source_ids": "S046; S049; S048; S047; S050; S052; S051", "history_source_urls": "https://www.entrata.com/press/blackstone", "valuation_source_urls": "https://www.entrata.com/press/blackstone | https://www.utahmoneywatch.com/entrata-updates-its-ipo-filing-showing-stronger-first-half-numbers-but-its-ipo-timing-remains-unknown/ | https://www.sec.gov/Archives/edgar/data/2028464/000162828026059692/entrata-sx1a2.htm", "funding_source_urls": "https://www.silverlake.com/entrata-raises-507m-led-by-silver-lake-ryan-smith-and-todd-pedersen/ | https://www.entrata.com/press/blackstone | https://www.utahmoneywatch.com/lehi-based-entrata-files-to-go-public-revealing-a-profitable-509-million-utah-software-platform/", "scale_source_urls": "https://www.sec.gov/Archives/edgar/data/2028464/000162828026059692/entrata-sx1a2.htm | https://www.entrata.com/press/blackstone", "features_source_urls": "https://www.sec.gov/Archives/edgar/data/2028464/000162828026059692/entrata-sx1a2.htm | https://www.entrata.com/press/entrata-expands-homebody-resident-app-through-cobu-partnership-to-power-ai-driven-community-engagement-and-leasing", "apps_source_urls": "https://www.homebody.com/pm | https://www.entrata.com/press/entrata-expands-homebody-resident-app-through-cobu-partnership-to-power-ai-driven-community-engagement-and-leasing", "pricing_source_urls": "https://www.sec.gov/Archives/edgar/data/2028464/000162828026059692/entrata-sx1a2.htm | https://www.homebody.com/pm", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "7", "platform_id": "buildium", "platform": "Buildium", "corporate_group": "RealPage / Thoma Bravo", "ownership_status": "Private RealPage subsidiary", "category": "Property management for small and midsize professional portfolios", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.buildium.com/", "founded_year": "2004", "founding_basis": "Company founding; current homepage states product launch in 2008", "product_launch_year": "2008", "age_years_approx": "22", "age_rank_oldest_first": "7", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "", "ticker": "", "exchange": "", "public_market_cap_rank": "", "public_market_cap_usd": "", "public_market_cap_scope": "", "market_cap_source_snapshot": "", "market_cap_status": "Not applicable: no active public listing / standalone product market cap verified", "historical_value_usd": "580000000", "historical_value_date": "2019-12-18", "historical_value_type": "Acquisition purchase price", "historical_value_status": "Historical completed RealPage acquisition; not current standalone value", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "65000000", "funding_status": "At least one disclosed $65M growth investment; not a complete lifetime VC total", "latest_disclosed_round_usd": "65000000", "latest_disclosed_round_date": "2016-06", "latest_disclosed_round_type": "Sumeru strategic growth investment", "investors": "Sumeru Equity Partners; earlier financing not exhaustively quantified", "funding_confidence": "High for named investment; incomplete lifetime history", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "17000", "customers_operator": "More than", "customers_definition": "Customers reported at acquisition; historical, not verified current count", "customers_as_of": "2019-12-18", "customer_count_status": "", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "2000000", "units_operator": "Approximately", "units_definition": "Residential units reported at acquisition", "units_as_of": "2019-12-18", "units_evidence": "Historical investor sale-completion release", "units_count_status": "", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Precise numeric figures are from 2019. Current homepage is qualitative. Do not label this 2026 scale or add it to parent RealPage totals.", "overlap_note": "Wholly owned by RealPage; separate product row within the same corporate group.", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Buildium web app and native manager app", "ios_app_names": "Buildium; Resident Center", "android_app_names": "Buildium; Resident Center", "resident_web_access": "Resident Center", "native_app_role_caveat": "Manager and resident apps have different permissions; free app download does not make the manager subscription free.", "features": "Property accounting; bank reconciliation; owner reporting; listings; screening; electronic leases; payments; maintenance; integrations", "property_discovery": "Listing syndication and property websites; not a general consumer discovery marketplace", "typical_customer": "Professional managers of smaller and midsize residential portfolios", "pricing_verified_date": "2026-09-14", "pricing_model": "Tiered subscription, increasing with portfolio size", "starting_monthly_usd": "62", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "Essential advertised starting price; actual charge depends on unit count", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "Essential from $62/month; Growth from $192/month; Premium from $400/month", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "Incoming EFT, card, screening and electronic-signature charges vary by plan; current card rate listed at 2.99%", "trial_note": "14-day free trial; no credit card required on reviewed page", "contract_setup_note": "Onboarding required for Growth and Premium; verify portfolio-specific quote and service charges", "material_limitations": "2019 operational scale is stale; current product price is a starting amount, not flat unlimited-unit pricing.", "data_quality_summary": "2019 operational scale is stale; current product price is a starting amount, not flat unlimited-unit pricing. Precise numeric figures are from 2019. Current homepage is qualitative. Do not label this 2026 scale or add it to parent RealPage totals.", "description_p1": "Buildium was founded in 2004, and its current homepage dates the software’s launch to 2008. It targets property managers who need an operating system for a residential portfolio rather than only a place to advertise vacancies. RealPage acquired Buildium in December 2019 for approximately $580 million. That historical purchase price is recorded separately from RealPage’s later take-private value, because Buildium is now a product business inside the same corporate group rather than an independent publicly valued company. [S053, S054, S055]", "description_p2": "The acquisition-era investor announcement reported more than 17,000 customers and approximately two million residential units. Those are useful historical benchmarks, but no equally precise current replacement was verified, so the dataset prominently dates them to December 2019. Buildium also disclosed a $65 million Sumeru growth investment in 2016, which is not presented as a complete lifetime venture-funding total. Current qualitative claims of thousands of managers and millions of properties are not converted into fabricated exact numbers, and no tenant-person count is inferred. [S056, S053, S054]", "description_p3": "Buildium combines property accounting, bank reconciliation, owner reporting, rental marketing, tenant screening, electronic leasing, payments and maintenance workflows. Its integration ecosystem extends the core service where a manager needs specialized tools. Compared with a listing-only product, the analytical distinction is a stronger emphasis on the recurring administrative work of operating a portfolio. A buyer should evaluate the accounting workflow and owner reporting alongside leasing features, while checking which integrations, automation capabilities and transaction services belong to the selected subscription tier. [S054]", "description_p4": "The product includes a browser-based management application and native Buildium manager apps for both iOS and Android. Residents have a separate Resident Center experience on the web and on both mobile operating systems. That resident channel supports payments, maintenance submissions and access to relevant documents, without exposing management-only financial records. The distinction between the two app families is useful during implementation because staff and residents have different onboarding and permission requirements, and downloading either app does not eliminate the manager’s underlying subscription obligation. [S058, S059]", "description_p5": "Advertised starting prices are $62 per month for Essential, $192 for Growth and $400 for Premium, with actual pricing affected by portfolio size. The reviewed page offers a 14-day trial and identifies onboarding requirements for the higher plans. Payment processing, screening and electronic signatures can add charges, and the card-processing rate shown is 2.99 percent. A comparison should therefore price the relevant number of units and expected transaction activity, rather than treating the advertised entry amount as an unlimited-portfolio total. [S057]", "history_source_ids": "S053; S054", "valuation_source_ids": "S055", "funding_source_ids": "S053", "scale_source_ids": "S056; S054", "features_source_ids": "S054", "apps_source_ids": "S058; S059", "pricing_source_ids": "S057", "risk_source_ids": "", "all_source_ids": "S053; S054; S055; S056; S058; S059; S057", "history_source_urls": "https://www.buildium.com/about-us/ | https://www.buildium.com/", "valuation_source_urls": "https://www.sec.gov/Archives/edgar/data/1286225/000128622520000009/buildiumproforma.htm", "funding_source_urls": "https://www.buildium.com/about-us/", "scale_source_urls": "https://www.nasdaq.com/press-release/sumeru-equity-partners-completes-sale-of-buildium-to-realpage-2019-12-18 | https://www.buildium.com/", "features_source_urls": "https://www.buildium.com/", "apps_source_urls": "https://www.buildium.com/blog/best-property-management-app/ | https://www.residentcenter.com/", "pricing_source_urls": "https://www.buildium.com/pricing/", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "8", "platform_id": "yardi", "platform": "Yardi Voyager / Breeze / RentCafe", "corporate_group": "Yardi Systems", "ownership_status": "Private", "category": "Global property-management suite and resident/leasing ecosystem", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Global; 80+ countries cited in August 2026 company release", "website_url": "https://www.yardi.com/", "founded_year": "1984", "founding_basis": "Yardi Systems company founding", "product_launch_year": "", "age_years_approx": "42", "age_rank_oldest_first": "2", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "", "ticker": "", "exchange": "", "public_market_cap_rank": "", "public_market_cap_usd": "", "public_market_cap_scope": "", "market_cap_source_snapshot": "", "market_cap_status": "Not applicable: no active public listing / standalone product market cap verified", "historical_value_usd": "", "historical_value_date": "", "historical_value_type": "", "historical_value_status": "No defensible public current valuation or completed comparable transaction price verified", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "", "funding_status": "No verified cumulative external VC amount; undisclosed is not zero", "latest_disclosed_round_usd": "", "latest_disclosed_round_date": "", "latest_disclosed_round_type": "", "investors": "", "funding_confidence": "", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "15000", "customers_operator": "More than", "customers_definition": "Real-estate-industry customers across Yardi group", "customers_as_of": "2026-08-20", "customer_count_status": "", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "15000000", "units_operator": "Approximately", "units_definition": "Vendor-supplied core-PMS units reported by Propexo; mixed geography", "units_as_of": "2026-05-19", "units_evidence": "Vendor statement relayed by industry data-integration provider; not independently audited", "units_count_status": "", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Secondary relay of vendor count, not a public filing. Yardi group includes products beyond residential rentals; units are not unique tenant people.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Voyager/Breeze web products and RentCafe CRM IQ native leasing apps", "ios_app_names": "RentCafe Resident; RentCafe CRM IQ", "android_app_names": "RentCafe Resident; RentCafe CRM IQ", "resident_web_access": "RentCafe Resident Portal", "native_app_role_caveat": "Separate operator/leasing and resident apps; module-specific, not full native parity for all Voyager functions.", "features": "Property accounting; payments; leasing; resident portal; maintenance; reporting; commercial and residential modules; portfolio integrations", "property_discovery": "RentCafe leasing/search ecosystem and property websites; other Yardi marketplaces serve commercial/flexible space", "typical_customer": "Independent landlords through institutional residential and commercial managers, depending on product", "pricing_verified_date": "2026-09-14", "pricing_model": "Public Breeze entry pricing; enterprise Voyager quotes", "starting_monthly_usd": "100", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "1", "starting_price_basis": "US residential Breeze: max($1 per unit per month, $100 monthly minimum); annual agreement", "minimum_units": "", "minimum_monthly_usd": "100", "minimum_spend_note": "", "pricing_tiers": "Residential Breeze $1/unit/month with $100 minimum; residential Breeze Premier $1/unit/month with $400 minimum; Voyager custom quote", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "Optional services and transaction charges should be scoped separately", "trial_note": "", "contract_setup_note": "Annual agreement for advertised Breeze offer; no setup or training fee advertised for base Breeze; property type changes price", "material_limitations": "No numeric private-company valuation invented. Commercial and affordable pricing differs from the residential example.", "data_quality_summary": "No numeric private-company valuation invented. Commercial and affordable pricing differs from the residential example. Secondary relay of vendor count, not a public filing. Yardi group includes products beyond residential rentals; units are not unique tenant people.", "description_p1": "Yardi was founded in 1984 and remains a privately held real-estate software business. Its product family spans the enterprise-oriented Voyager platform, the more self-service Breeze offering, and the RentCafe leasing and resident ecosystem. This makes Yardi relevant across a much broader range of portfolio sizes than a single landlord listing tool. No defensible public current company valuation or comprehensive external venture-funding total was verified, so the dataset does not replace missing evidence with a revenue multiple or an assumed zero-funding claim. [S060, S063, S064]", "description_p2": "An August 2026 company release cited more than 15,000 real-estate-industry customers across more than 80 countries. Propexo separately reported approximately 15 million core-system units as of May 19, 2026, attributing that figure to Yardi leadership. The unit count is retained as a vendor statement relayed by a third party, not an independently audited filing. Group clients, software units and individual residents remain separate concepts, and these metrics are not used to generate an unsupported count of unique tenants or buildings. [S061, S062]", "description_p3": "Across its product family, Yardi addresses property accounting, leasing, payments, reporting, maintenance and resident communications for residential and commercial operators. RentCafe connects marketing and leasing activity with a continuing resident portal rather than stopping after a vacancy is filled. The analytical attraction is a broad operating ecosystem with entry-level and enterprise options. The key buying distinction is which Yardi product and property-type package is under consideration, because Breeze residential pricing and functionality are not a proxy for a large Voyager implementation. [S060, S063, S064]", "description_p4": "Yardi has public product websites and browser-based management applications, while RentCafe Resident supplies web, iOS and Android resident access. The resident experience includes payments, maintenance requests and lease-related tasks enabled by the property. Yardi also offers RentCafe CRM IQ native apps on iOS and Android for leasing teams, supporting lead and communication workflows. These separate app families demonstrate both resident and staff mobile coverage, but their existence should not be interpreted as universal feature parity for every Voyager or Breeze administrative module. [S064, S065, S066]", "description_p5": "For US residential properties, Breeze advertises $1 per unit per month with a $100 monthly minimum and an annual agreement. Breeze Premier’s reviewed residential offer also lists $1 per unit, but with a $400 monthly minimum; Voyager remains quote-based. The minimum matters because a small landlord cannot simply multiply one unit by one dollar and expect a one-dollar bill. Other property types and optional services have different economics, so the full comparison should use the relevant portfolio and contract rather than the smallest headline rate. [S063]", "history_source_ids": "S060", "valuation_source_ids": "S060", "funding_source_ids": "S060", "scale_source_ids": "S061; S062", "features_source_ids": "S060; S063; S064", "apps_source_ids": "S064; S065; S066", "pricing_source_ids": "S063", "risk_source_ids": "", "all_source_ids": "S060; S061; S062; S063; S064; S065; S066", "history_source_urls": "https://www.yardi.com/company/about-us/", "valuation_source_urls": "https://www.yardi.com/company/about-us/", "funding_source_urls": "https://www.yardi.com/company/about-us/", "scale_source_urls": "https://www.yardi.com/news/press-releases/hubble-announces-united-states-launch/ | https://propexo.com/blog/pms-unit-counts-2026/", "features_source_urls": "https://www.yardi.com/company/about-us/ | https://www.yardibreeze.com/residential-features/ | https://www.yardi.com/product/rentcafe-resident-portal/", "apps_source_urls": "https://www.yardi.com/product/rentcafe-resident-portal/ | https://www.yardisms.com/homefaq.aspx | https://www.prnewswire.com/news-releases/yardi-introduces-the-rentcafe-crm-iq-mobile-app-302453011.html", "pricing_source_urls": "https://www.yardibreeze.com/residential-features/", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "9", "platform_id": "rentmanager", "platform": "Rent Manager", "corporate_group": "London Computer Systems", "ownership_status": "Private", "category": "Configurable property-management software", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.rentmanager.com/", "founded_year": "1987", "founding_basis": "LCS business founded 1987; incorporated 1988", "product_launch_year": "", "age_years_approx": "39", "age_rank_oldest_first": "3", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "", "ticker": "", "exchange": "", "public_market_cap_rank": "", "public_market_cap_usd": "", "public_market_cap_scope": "", "market_cap_source_snapshot": "", "market_cap_status": "Not applicable: no active public listing / standalone product market cap verified", "historical_value_usd": "", "historical_value_date": "", "historical_value_type": "", "historical_value_status": "No defensible current private valuation verified", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "", "funding_status": "No verified public cumulative VC funding amount; do not infer zero", "latest_disclosed_round_usd": "", "latest_disclosed_round_date": "", "latest_disclosed_round_type": "", "investors": "", "funding_confidence": "", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "10000", "customers_operator": "More than", "customers_definition": "Property-management companies using Rent Manager", "customers_as_of": "2026-04-07 (also on current about page)", "customer_count_status": "", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "5750000", "units_operator": "Approximately", "units_definition": "Core software units supplied by vendor to Propexo", "units_as_of": "2026-07-01", "units_evidence": "Vendor statement relayed by industry provider; not independently audited", "units_count_status": "", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Customer and unit dates differ. Units cover multiple rental property types and are not resident-person counts.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "Web/online management environment plus rmAppSuite Pro", "ios_app_names": "rmAppSuite Pro", "android_app_names": "rmAppSuite Pro", "resident_web_access": "Tenant Web Access; rmResident mobile ecosystem", "native_app_role_caveat": "Overall iOS/Android availability directly verified through operator app; resident-app store parity not separately asserted.", "features": "Accounting; reporting; leasing; electronic signatures; payments; service issues; inspections; workflows; owner and tenant portals; mobile field operations", "property_discovery": "Listing and prospect-management workflows; not primarily a consumer rental-search marketplace", "typical_customer": "Professional managers needing configurable operations across varied rental portfolios", "pricing_verified_date": "2026-09-14", "pricing_model": "Quote-based Basic, Plus and Premium packages", "starting_monthly_usd": "", "month_to_month_starting_usd": "", "starting_per_unit_monthly_usd": "", "starting_price_basis": "", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "Current dollar rates not publicly verified; Basic, Plus and Premium require quote", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "Payment, text, phone, website and other services can have separate fees", "trial_note": "", "contract_setup_note": "Mobile/automation inclusions differ by tier; verify migration, user and integration scope", "material_limitations": "Old online per-unit rate cards were not treated as current vendor quotes. Scale is partly vendor-reported through a third party.", "data_quality_summary": "Old online per-unit rate cards were not treated as current vendor quotes. Scale is partly vendor-reported through a third party. Customer and unit dates differ. Units cover multiple rental property types and are not resident-person counts.", "description_p1": "Rent Manager is the property-management software business of London Computer Systems. The company’s recent history article distinguishes its 1987 founding from its 1988 incorporation, so the age calculation uses 1987 consistently. It remains private, and no reliable current company valuation or cumulative venture-funding amount was verified. Its relevance to this shortlist comes from operating longevity, a substantial customer base and a broad rental-management feature set, rather than a speculative financing valuation assigned to fill an otherwise empty financial field. [S067, S068]", "description_p2": "Company materials identify more than 10,000 property-management customers, with that scale also appearing in an April 2026 announcement. Propexo reported approximately 5.75 million units as of July 1, 2026, attributing the number directly to Rent Manager leadership. The latter is a relayed vendor statement and is labeled accordingly rather than described as an audited public disclosure. The research did not establish a platform-wide number of buildings or individual tenants, and the portfolio size of a named customer is not substituted for the platform’s total. [S068, S069, S062]", "description_p3": "The platform connects accounting, reports, leasing, electronic signatures, payment workflows, service issues and owner or tenant communications. More advanced packages add mobile field operations, automation and other tools relevant to teams handling maintenance and inspections. Its analytical appeal is configurability across the recurring tasks of a professional property-management business. The purchase decision should therefore test the actual accounting and field-work processes against the proposed tier, instead of assuming every feature mentioned anywhere in the vendor catalogue belongs to the entry package. [S070, S072]", "description_p4": "Rent Manager offers web or online access to its operating environment, alongside the rmAppSuite Pro native application for iOS and Android. The mobile app supports staff activities such as inspections, work orders, communications and utility-related field tasks. Tenant web access and the rmResident ecosystem provide separate resident-facing functions. This is a role-based set of services rather than one interchangeable app for every user, and the package comparison should confirm which mobile capabilities and logins are included in the specific commercial agreement. [S071, S072, S070]", "description_p5": "The current pricing page presents Basic, Plus and Premium packages but requires a quote rather than supplying a dependable public dollar rate. Older third-party per-unit schedules are therefore not used as current prices in the CSV. Potential add-ons include communication, website, payment and other services, while mobile and automation inclusions vary by tier. Buyers should obtain a written configuration covering users, units, integrations and onboarding so that the comparison reflects the complete operating setup rather than an obsolete entry-level price. [S070]", "history_source_ids": "S067", "valuation_source_ids": "S068", "funding_source_ids": "S068", "scale_source_ids": "S068; S069; S062", "features_source_ids": "S070; S072", "apps_source_ids": "S071; S072", "pricing_source_ids": "S070", "risk_source_ids": "", "all_source_ids": "S067; S068; S069; S062; S070; S072; S071", "history_source_urls": "https://www.lcs.com/2026/08/06/rooted-in-cincinnati-built-by-people-from-around-the-world/", "valuation_source_urls": "https://www.rentmanager.com/about-rent-manager/", "funding_source_urls": "https://www.rentmanager.com/about-rent-manager/", "scale_source_urls": "https://www.rentmanager.com/about-rent-manager/ | https://www.prnewswire.com/news-releases/rent-manager-selected-by-roots-management-group-as-their-new-property-management-software-302733649.html | https://propexo.com/blog/pms-unit-counts-2026/", "features_source_urls": "https://www.rentmanager.com/pricing/ | https://www.rentmanager.com/business-operations/", "apps_source_urls": "https://www.rentmanager.com/mobile-app/ | https://www.rentmanager.com/business-operations/", "pricing_source_urls": "https://www.rentmanager.com/pricing/", "risk_source_urls": "" }, { "project": "TenantPlatform.com", "research_as_of": "2026-09-14", "selection_order": "10", "platform_id": "doorloop", "platform": "DoorLoop", "corporate_group": "DoorLoop", "ownership_status": "Private; growth-equity backed", "category": "Cloud property-management platform", "selection_basis": "Major-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking", "geography": "Primarily US-facing; international scope depends on product", "website_url": "https://www.doorloop.com/", "founded_year": "2019", "founding_basis": "Company founding; software launched in 2021", "product_launch_year": "2021", "age_years_approx": "7", "age_rank_oldest_first": "10", "age_method": "2026 minus founding year; approximate calendar-year age, not completed-anniversary age", "currency": "USD", "publicly_traded_entity": "", "ticker": "", "exchange": "", "public_market_cap_rank": "", "public_market_cap_usd": "", "public_market_cap_scope": "", "market_cap_source_snapshot": "", "market_cap_status": "Not applicable: no active public listing / standalone product market cap verified", "historical_value_usd": "500000000", "historical_value_date": "2024-10-29", "historical_value_type": "Media-reported approximate private-round equity valuation", "historical_value_status": "Approximately $500M; not company-confirmed and not a current mark", "reported_exit_target_usd": "", "reported_exit_target_date": "", "reported_exit_target_status": "", "valuation_warning": "Current equity market cap, historical deal value, funding and exit targets are not interchangeable.", "verified_vc_total_usd": "", "disclosed_funding_sum_usd": "130000000", "funding_status": "Total disclosed seed, Series A and growth-equity Series B; not classified as pure VC only", "latest_disclosed_round_usd": "100000000", "latest_disclosed_round_date": "2024-10-29", "latest_disclosed_round_type": "Series B growth equity", "investors": "JMI Equity; Alpine Software Group / Alpine Investors", "funding_confidence": "High for $130M cumulative funding; medium for media-reported valuation", "funding_warning": "Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.", "customers_count": "", "customers_operator": "", "customers_definition": "Customers as described by company; exact paying-customer definition not disclosed", "customers_as_of": "Undated homepage; accessed 2026-09-14", "customer_count_status": "Current company claim is qualitative: tens of thousands of customers; no exact figure verified", "operational_property_count": "", "operational_property_operator": "", "operational_property_definition": "", "operational_property_as_of": "", "operational_property_count_status": "Not publicly disclosed / not verified", "advertising_property_count": "", "advertising_property_definition": "", "advertising_property_as_of": "", "active_rental_listings_count": "", "active_rental_listings_definition": "", "active_rental_listings_as_of": "", "units_count": "", "units_operator": "", "units_definition": "", "units_as_of": "2023", "units_evidence": "", "units_count_status": "Historical company wording: hundreds of thousands of units in 2023; no exact updated count verified", "leases_count": "", "leases_definition": "", "leases_as_of": "", "tenants_residents_count": "", "tenants_residents_operator": "", "tenants_residents_definition": "", "tenants_residents_as_of": "", "tenant_count_status": "Not publicly disclosed / not verified; units are not converted to people", "scale_comparability_note": "Qualitative scale is preserved as text. No arbitrary midpoint or lower-bound number is manufactured; unique properties and tenants are undisclosed.", "overlap_note": "", "website_available": "Yes", "web_app_available": "Yes", "ios_app_available": "Yes", "android_app_available": "Yes", "manager_mobile_access": "DoorLoop web application and native iOS/Android manager apps", "ios_app_names": "DoorLoop", "android_app_names": "DoorLoop", "resident_web_access": "Role-based tenant portal", "native_app_role_caveat": "Separate standalone resident app is not assumed; features depend on role, account and plan.", "features": "Accounting; payments; screening; leases; maintenance; owner reporting; property websites; listing distribution; QuickBooks integration; tier-dependent automation", "property_discovery": "Marketing websites and listing distribution rather than a major standalone consumer search marketplace", "typical_customer": "Independent landlords and growing professional property managers", "pricing_verified_date": "2026-09-14", "pricing_model": "Unit-scaled Starter, Pro and Premium subscriptions; annual and monthly billing", "starting_monthly_usd": "69", "month_to_month_starting_usd": "99", "starting_per_unit_monthly_usd": "", "starting_price_basis": "Starter for up to 10 units; $69/month equivalent when billed annually, $99 month-to-month", "minimum_units": "", "minimum_monthly_usd": "", "minimum_spend_note": "", "pricing_tiers": "Up to 10 units: annual-billed monthly equivalents Starter $69, Pro $149, Premium $209; month-to-month $99/$189/$239", "screening_fee_usd": "", "screening_fee_note": "", "payment_fee_note": "ACH and electronic-signature fees vary by plan; screening and merchant-account setup can add charges", "trial_note": "", "contract_setup_note": "Portfolio-dependent onboarding fee; 300+ units custom quote; temporary promotions excluded", "material_limitations": "Historical media valuation and qualitative scale are not current audited facts. Starting prices apply to small portfolios, not unlimited units.", "data_quality_summary": "Historical media valuation and qualitative scale are not current audited facts. Starting prices apply to small portfolios, not unlimited units. Qualitative scale is preserved as text. No arbitrary midpoint or lower-bound number is manufactured; unique properties and tenants are undisclosed.", "description_p1": "DoorLoop was founded in 2019 and launched its software in 2021, making it the youngest business in this selected group. It provides a cloud platform for landlords and professional managers seeking to combine daily rental workflows. Around its October 2024 financing, CTech reported an approximate $500 million valuation. That historical media estimate is useful context, but it is not a company-confirmed current value and should not be confused with either the financing proceeds or the market capitalization of a public competitor. [S073, S076]", "description_p2": "DoorLoop and its investor materials document $130 million in disclosed financing, comprising a $10 million seed round, a $20 million Series A and a $100 million Series B led by JMI Equity. The company currently describes its customer base as tens of thousands, without an exact count verified here. Earlier 2023 material referred to hundreds of thousands of units, but no precise updated total was established. Those qualitative statements remain text in the CSV rather than being converted into invented customer, building or tenant numbers. [S073, S074, S075, S077, S078]", "description_p3": "The service brings together rental accounting, payments, tenant screening, electronic leases, maintenance and owner reporting. Property-marketing websites and leasing tools connect vacancies with applications, while integrations and higher-tier automation extend the operating workflow. This makes DoorLoop an analytical candidate for a landlord graduating from spreadsheets or a manager seeking a consolidated cloud system. The relevant comparison is the actual plan at the target unit count, because the most extensive integration and automation features are not necessarily part of the lowest-priced subscription. [S077, S081, S082]", "description_p4": "DoorLoop has a public website, a browser-based management application and native mobile apps for both iOS and Android. The mobile offering is designed to let authorized users handle property-management tasks away from a desktop, with access governed by the account and role. A tenant portal supports resident-facing interactions without granting managerial permissions. The research does not assume that this implies a separately branded standalone tenant app or identical functionality for every user, so mobile evaluation should test the staff and resident workflows individually. [S080, S077]", "description_p5": "For portfolios of up to ten units, annual-billed monthly equivalents are $69 for Starter, $149 for Pro and $209 for Premium. Month-to-month pricing for those plans is $99, $189 and $239 respectively, and charges rise with portfolio size. Onboarding, screening, payment processing and electronic-signature charges can affect the total depending on the selected plan. A useful comparison separates annual commitments from monthly billing and excludes temporary promotions, rather than presenting the $69 entry rate as an unlimited or no-commitment offer. [S079]", "history_source_ids": "S073", "valuation_source_ids": "S076", "funding_source_ids": "S073; S074; S075", "scale_source_ids": "S077; S078", "features_source_ids": "S077; S081; S082", "apps_source_ids": "S080", "pricing_source_ids": "S079", "risk_source_ids": "", "all_source_ids": "S073; S076; S074; S075; S077; S078; S081; S082; S080; S079", "history_source_urls": "https://www.doorloop.com/about", "valuation_source_urls": "https://www.calcalistech.com/ctechnews/article/b1sszfagkl", "funding_source_urls": "https://www.doorloop.com/about | https://www.jmi.com/doorloop-raises-100-million-series-b-funding-round-led-by-jmi-equity/ | https://www.jmi.com/doorloop-named-one-of-americas-best-startup-employers-by-forbes-for-the-second-year-in-a-row/", "scale_source_urls": "https://www.doorloop.com/ | https://www.doorloop.com/blog/doorloop-revolutionizes-ui-to-take-property-management-software-to-the-next-level", "features_source_urls": "https://www.doorloop.com/ | https://www.doorloop.com/features/leasing | https://www.doorloop.com/features/websites", "apps_source_urls": "https://www.doorloop.com/features/mobile-apps", "pricing_source_urls": "https://www.doorloop.com/pricing/", "risk_source_urls": "" } ] }