Financial context, not a synthetic ranking

Platform market value, funding & company history

Understand the businesses behind the software. Every financial reference keeps its entity, date, definition, and evidence limits.

Research snapshot · September 14, 2026 · Sources & methodology

These are different financial measures. Public equity market cap, private investment valuations, acquisition values, financing, and exit targets are not interchangeable. Figures are historical or dated snapshots, not investment recommendations or the value of properties managed.

Public company / parent market-cap snapshots

Only the three public-company observations are ranked. CoStar and Zillow values cover their entire groups, not the standalone rental products.

Listed entityRecorded value & scopeRelated rental product
CoStar Group, Inc.
CSGP · NASDAQ
$12.34BWhole CoStar Group; no standalone Apartments.com market cap · snapshot 2026-09-12 · not live Sources S001, S005, S006Apartments.comDelayed sourced public-company/parent snapshot; not live September 14 quote
AppFolio, Inc.
APPF · NASDAQ
$7.38BAppFolio corporate equity, not a separate product valuation · snapshot 2026-09-12 · not live Sources S002AppFolioDelayed sourced public-company/parent snapshot; not live September 14 quote
Zillow Group, Inc.
Z; ZG · NASDAQ
$7.3BWhole Zillow Group; do not add Z and ZG separately · snapshot 2026-09-13 · not live Sources S003Zillow Rental ManagerDelayed sourced public-company/parent snapshot; not live September 14 quote

Snapshot source dates September 12–13, 2026 fall on a weekend. They are not trading-session dates or verified live September 14 quotes.

Historical transactions & private valuations

No combined current-market-cap ranking is calculated from these references. The transaction definition and date remain attached to every value.

Apartments.com

$584.2M

Adjusted acquisition purchase price

2014-04-01 · Completed historical deal; headline announced price approximately $585M
Sources S001, S005, S006

Current equity market cap, historical deal value, funding and exit targets are not interchangeable.

RealPage

$10.2B

Acquisition enterprise value including net debt

2021-04-22 · Completed take-private; not current equity valuation
Sources S033

Current equity market cap, historical deal value, funding and exit targets are not interchangeable.

Entrata

$4.3B

Disclosed private investment valuation

2025-05-15 · Historical financing valuation; not a public market cap
Sources S046, S049, S048

Current equity market cap, historical deal value, funding and exit targets are not interchangeable.

Buildium

$580M

Acquisition purchase price

2019-12-18 · Historical completed RealPage acquisition; not current standalone value
Sources S055

Current equity market cap, historical deal value, funding and exit targets are not interchangeable.

DoorLoop

$500M

Media-reported approximate private-round equity valuation

2024-10-29 · Approximately $500M; not company-confirmed and not a current mark
Sources S076

Current equity market cap, historical deal value, funding and exit targets are not interchangeable.

MRI’s reported exit target is separate. The dataset records an up-to-$10 billion target from September 2025 reporting, not a completed deal or verified current valuation. Yardi and Rent Manager have no defensible numeric current value established here. See MRI’s record.

Disclosed funding & investors

Disclosed sums are not automatically exhaustive lifetime venture totals. Debt, IPO proceeds, buyouts, and acquisition prices are not added to venture financing.

PlatformDisclosed financing & statusLatest recorded roundInvestors & evidence
Apartments.comNot disclosedStandalone cumulative VC financing not verified; corporate-owned since 2014 Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S006No separate latest round verifiedAmount not disclosed · Date not specifiedNot disclosed / not verified
AppFolio$30MApproximate historical pre-IPO private rounds; secondary reconstruction Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S014, S015Historical private financing before public listing$8M · 2009-08IGSB; other historical investors not exhaustively verifiedMedium; historical round reconstruction and contemporaneous reporting
Zillow Rental Manager$87MHistorical cumulative Zillow-company venture financing, not Rental Manager-specific funding Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S023, S024Historical Series C / private financing$30M · 2007-09-20Legg Mason led the cited $30M roundHigh for historical company total; not product-specific
RealPageNot disclosedPrivate-equity buyout; cumulative early venture financing not verified Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S033No separate latest round verifiedAmount not disclosed · Date not specifiedThoma Bravo
MRI SoftwareNot disclosedPE growth investments verified; amounts and lifetime VC total not publicly verified Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S040Growth investment, amount undisclosedAmount not disclosed · 2020GI Partners; TA Associates; Harvest Partners
Entrata$707MSum of disclosed $507M and $200M growth rounds; not pure VC or an exhaustive financing total Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S047, S046, S050Blackstone minority growth investment$200M · 2025-05-15Blackstone; Silver Lake; Ryan Smith; Todd Pedersen; Dragoneer; other investors participated in related transactionsHigh for two announced amounts; total incomplete because other transaction consideration was undisclosed
Buildium$65MAt least one disclosed $65M growth investment; not a complete lifetime VC total Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S053Sumeru strategic growth investment$65M · 2016-06Sumeru Equity Partners; earlier financing not exhaustively quantifiedHigh for named investment; incomplete lifetime history
YardiNot disclosedNo verified cumulative external VC amount; undisclosed is not zero Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S060No separate latest round verifiedAmount not disclosed · Date not specifiedNot disclosed / not verified
Rent ManagerNot disclosedNo verified public cumulative VC funding amount; do not infer zero Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S068No separate latest round verifiedAmount not disclosed · Date not specifiedNot disclosed / not verified
DoorLoop$130MTotal disclosed seed, Series A and growth-equity Series B; not classified as pure VC only Undisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding. Sources S073, S074, S075Series B growth equity$100M · 2024-10-29JMI Equity; Alpine Software Group / Alpine InvestorsHigh for $130M cumulative funding; medium for media-reported valuation

Founding history & approximate age

Age is calculated as 2026 minus the stated founding year, not completed anniversary age. Company roots, incorporation, and product launches can differ. Tied ages share the source ranking.

PlatformFounding year & ageWhat the date describes
MRI Software1971≈ 55 years in 2026 · age rank 1Original software business foundingProduct launch: Not separately established Sources S039
Yardi1984≈ 42 years in 2026 · age rank 2Yardi Systems company foundingProduct launch: Not separately established Sources S060
Rent Manager1987≈ 39 years in 2026 · age rank 3LCS business founded 1987; incorporated 1988Product launch: Not separately established Sources S067
Apartments.com1992≈ 34 years in 2026 · age rank 4Original Visual Properties business; Apartments.com branded site launched in 1998Product launch: 1998 Sources S004
RealPage1998≈ 28 years in 2026 · age rank 5RealPage company foundingProduct launch: Not separately established Sources S032
Entrata2003≈ 23 years in 2026 · age rank 6Company foundingProduct launch: Not separately established Sources S046
Buildium2004≈ 22 years in 2026 · age rank 7Company founding; current homepage states product launch in 2008Product launch: 2008 Sources S053, S054
Zillow Rental Manager2004≈ 22 years in 2026 · age rank 7Original Zillow operating company incorporated December 2004; consumer website launched 2006; not Rental Manager product ageProduct launch: Not separately established Sources S022
AppFolio2006≈ 20 years in 2026 · age rank 9Company founding yearProduct launch: Not separately established Sources S013
DoorLoop2019≈ 7 years in 2026 · age rank 10Company founding; software launched in 2021Product launch: 2021 Sources S073
Corporate overlap matters. Ten product rows represent nine corporate groups because RealPage owns Buildium. Do not add their values or operating counts. Read the valuation guide and the platform-scale guide before building a league table.

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