Platform profile · Multifamily operating system and resident experience

Entrata / Homebody

Entrata · Private; IPO registration pending in latest verified reporting · Est. 2003

Professional multifamily operators and institutional portfolios

Research snapshot · September 14, 2026 · Figures and pricing retain their individual source dates.

Custom quotePlan, modules & portfolio determine price
≈ 23 yearsCompany age; product launch may differ
7 sourcesOriginal reference records linked below

Platform overview

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. S046S049

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. S047S046S050S048

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. S048S052

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. S051S052

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. S048S051

Features & workflow fit

Multifamily operating system and resident experience. Primarily US-facing; international scope depends on product.

  • Leasing
  • property accounting
  • payments
  • work orders
  • purchasing
  • resident engagement
  • integrated automation
Feature sources S048, S052
Property discovery
Property leasing websites and leasing workflow; Homebody supports the resident journey
Typical customer
Professional multifamily operators and institutional portfolios
Material limitations
Proposed IPO ticker is not treated as an active listing. Financing sum includes growth capital and is not an audited lifetime total.

Pricing, fees & commitments

Custom quote · Enterprise quote-based software and modules Pricing evidence S048, S051
Pricing model
Enterprise quote-based software and modules
Pricing tiers
No verified public standard subscription price
Starting monthly (usd)
Not disclosed / not verified; see related status notes.
Month-to-month starting price (USD)
Not disclosed / not verified; see related status notes.
Starting per-unit monthly rate (USD)
Not disclosed / not verified; see related status notes.
Minimum monthly charge (USD)
Not disclosed / not verified; see related status notes.
Minimum units
Not disclosed / not verified; see related status notes.
Minimum spend note
Not disclosed / not verified; see related status notes.
Screening fee note
Not disclosed / not verified; see related status notes.
Payment fee note
Payments and resident services may carry separate fees depending on contract and property
Trial note
Not disclosed / not verified; see related status notes.
Contract setup note
Scope implementation, data migration, modules and resident-service economics in proposal
Pricing verified date
2026-09-14

Website, apps & resident access

Homebody is resident-facing; it is not the full operator accounting console. App evidence S051, S052
Website url
https://www.entrata.com/
Website available
Yes
Web app available
Yes
Ios app available
Yes
Ios app names
Homebody
Android app available
Yes
Android app names
Homebody
Manager mobile access
Entrata operator web application; role-specific tools
Resident web access
Homebody web application

Customers, properties, units & residents

These are separate operating populations. No unit count is converted into a tenant estimate.

MetricReported figure, definition & date
CustomersNot disclosedTotal unique customer count not verified; high-ARR customer subset is not substituted Sources S048, S046
Operational propertiesMore than 35,000Multifamily communities served across broader ecosystem · 2025-05-15 Sources S048, S046
Advertising propertiesNot disclosedNot verified as a separate numeric population Sources S048, S046
Active rental listingsNot disclosedNot verified as a separate numeric population Sources S048, S046
UnitsApproximately 2.5MBilled core Operating System residential units; ancillary-product units excluded · 2026-06-30 Sources S048, S046
LeasesNot disclosedNot verified as a separate numeric population Sources S048, S046
Residents / tenantsMore than 12MResidents served across broader ecosystem; not necessarily unique active app users · 2025-05-15 Sources S048, S046

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.

Company history, value & funding

Financial referenceValue and scope
Public company / parent market capNo public-market snapshotPrivate; IPO registration pending in latest verified reporting Sources S046, S049, S048
Historical transaction / valuation$4.3BDisclosed private investment valuation · 2025-05-15 · Historical financing valuation; not a public market cap Sources S046, S049, S048
Disclosed financing$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, S050
Reported exit targetNot recordedAn exit target is not a completed valuation
Founded year
2003
Founding basis
Company founding
Product launch year
Not disclosed / not verified; see related status notes.
Age years approx
23
Age method
2026 minus founding year; approximate calendar-year age, not completed-anniversary age
Investors
Blackstone; Silver Lake; Ryan Smith; Todd Pedersen; Dragoneer; other investors participated in related transactions
Latest disclosed round (usd)
$200,000,000
Latest disclosed round date
2025-05-15
Latest disclosed round type
Blackstone minority growth investment
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.
Valuation warning
Current equity market cap, historical deal value, funding and exit targets are not interchangeable.

Source trail & evidence limits

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.

Inspect all 126 original CSV fields for this platform

Original field names and values are preserved. Blank cells are shown with their unknown-value policy; the downloadable CSV remains unchanged.

Original fieldOriginal value
projectTenantPlatform.com
research_as_of2026-09-14
selection_order6
platform_identrata
platformEntrata / Homebody
corporate_groupEntrata
ownership_statusPrivate; IPO registration pending in latest verified reporting
categoryMultifamily operating system and resident experience
selection_basisMajor-platform editorial shortlist based on documented financial importance, operating scale, longevity and rental-workflow relevance; not a universal global top-ten ranking
geographyPrimarily US-facing; international scope depends on product
website_urlhttps://www.entrata.com/
founded_year2003
founding_basisCompany founding
product_launch_yearNot disclosed / not applicable / not verified
age_years_approx23
age_rank_oldest_first6
age_method2026 minus founding year; approximate calendar-year age, not completed-anniversary age
currencyUSD
publicly_traded_entityNot disclosed / not applicable / not verified
tickerNot disclosed / not applicable / not verified
exchangeNot disclosed / not applicable / not verified
public_market_cap_rankNot disclosed / not applicable / not verified
public_market_cap_usdNot disclosed / not applicable / not verified
public_market_cap_scopeNot disclosed / not applicable / not verified
market_cap_source_snapshotNot disclosed / not applicable / not verified
market_cap_statusNot applicable: no active public listing / standalone product market cap verified
historical_value_usd4300000000
historical_value_date2025-05-15
historical_value_typeDisclosed private investment valuation
historical_value_statusHistorical financing valuation; not a public market cap
reported_exit_target_usdNot disclosed / not applicable / not verified
reported_exit_target_dateNot disclosed / not applicable / not verified
reported_exit_target_statusNot disclosed / not applicable / not verified
valuation_warningCurrent equity market cap, historical deal value, funding and exit targets are not interchangeable.
verified_vc_total_usdNot disclosed / not applicable / not verified
disclosed_funding_sum_usd707000000
funding_statusSum of disclosed $507M and $200M growth rounds; not pure VC or an exhaustive financing total
latest_disclosed_round_usd200000000
latest_disclosed_round_date2025-05-15
latest_disclosed_round_typeBlackstone minority growth investment
investorsBlackstone; Silver Lake; Ryan Smith; Todd Pedersen; Dragoneer; other investors participated in related transactions
funding_confidenceHigh for two announced amounts; total incomplete because other transaction consideration was undisclosed
funding_warningUndisclosed does not mean zero. Acquisition and IPO proceeds are not automatically venture funding.
customers_countNot disclosed / not applicable / not verified
customers_operatorNot disclosed / not applicable / not verified
customers_definitionNot disclosed / not applicable / not verified
customers_as_ofNot disclosed / not applicable / not verified
customer_count_statusTotal unique customer count not verified; high-ARR customer subset is not substituted
operational_property_count35000
operational_property_operatorMore than
operational_property_definitionMultifamily communities served across broader ecosystem
operational_property_as_of2025-05-15
operational_property_count_statusReported broader ecosystem communities, not necessarily core Operating System properties
advertising_property_countNot disclosed / not applicable / not verified
advertising_property_definitionNot disclosed / not applicable / not verified
advertising_property_as_ofNot disclosed / not applicable / not verified
active_rental_listings_countNot disclosed / not applicable / not verified
active_rental_listings_definitionNot disclosed / not applicable / not verified
active_rental_listings_as_ofNot disclosed / not applicable / not verified
units_count2500000
units_operatorApproximately
units_definitionBilled core Operating System residential units; ancillary-product units excluded
units_as_of2026-06-30
units_evidenceSeptember 2026 amended SEC registration statement
units_count_statusNot disclosed / not applicable / not verified
leases_countNot disclosed / not applicable / not verified
leases_definitionNot disclosed / not applicable / not verified
leases_as_ofNot disclosed / not applicable / not verified
tenants_residents_count12000000
tenants_residents_operatorMore than
tenants_residents_definitionResidents served across broader ecosystem; not necessarily unique active app users
tenants_residents_as_of2025-05-15
tenant_count_statusHistorical vendor resident footprint disclosed; scope broader than core billed units
scale_comparability_note2.5M 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_noteNot disclosed / not applicable / not verified
website_availableYes
web_app_availableYes
ios_app_availableYes
android_app_availableYes
manager_mobile_accessEntrata operator web application; role-specific tools
ios_app_namesHomebody
android_app_namesHomebody
resident_web_accessHomebody web application
native_app_role_caveatHomebody is resident-facing; it is not the full operator accounting console.
featuresLeasing; property accounting; payments; work orders; purchasing; resident engagement; integrated automation
property_discoveryProperty leasing websites and leasing workflow; Homebody supports the resident journey
typical_customerProfessional multifamily operators and institutional portfolios
pricing_verified_date2026-09-14
pricing_modelEnterprise quote-based software and modules
starting_monthly_usdNot disclosed / not applicable / not verified
month_to_month_starting_usdNot disclosed / not applicable / not verified
starting_per_unit_monthly_usdNot disclosed / not applicable / not verified
starting_price_basisNot disclosed / not applicable / not verified
minimum_unitsNot disclosed / not applicable / not verified
minimum_monthly_usdNot disclosed / not applicable / not verified
minimum_spend_noteNot disclosed / not applicable / not verified
pricing_tiersNo verified public standard subscription price
screening_fee_usdNot disclosed / not applicable / not verified
screening_fee_noteNot disclosed / not applicable / not verified
payment_fee_notePayments and resident services may carry separate fees depending on contract and property
trial_noteNot disclosed / not applicable / not verified
contract_setup_noteScope implementation, data migration, modules and resident-service economics in proposal
material_limitationsProposed IPO ticker is not treated as an active listing. Financing sum includes growth capital and is not an audited lifetime total.
data_quality_summaryProposed 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_p1Entrata 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_p2The 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_p3Entrata 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_p4The 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_p5A 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_idsS046
valuation_source_idsS046; S049; S048
funding_source_idsS047; S046; S050
scale_source_idsS048; S046
features_source_idsS048; S052
apps_source_idsS051; S052
pricing_source_idsS048; S051
risk_source_idsNot disclosed / not applicable / not verified
all_source_idsS046; S049; S048; S047; S050; S052; S051
history_source_urlshttps://www.entrata.com/press/blackstone
valuation_source_urlshttps://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_urlshttps://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_urlshttps://www.sec.gov/Archives/edgar/data/2028464/000162828026059692/entrata-sx1a2.htm | https://www.entrata.com/press/blackstone
features_source_urlshttps://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_urlshttps://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_urlshttps://www.sec.gov/Archives/edgar/data/2028464/000162828026059692/entrata-sx1a2.htm | https://www.homebody.com/pm
risk_source_urlsNot disclosed / not applicable / not verified

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