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
- 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
- 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
- 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.
| Metric | Reported figure, definition & date |
|---|---|
| Customers | Not disclosedTotal unique customer count not verified; high-ARR customer subset is not substituted Sources S048, S046 |
| Operational properties | More than 35,000Multifamily communities served across broader ecosystem · 2025-05-15 Sources S048, S046 |
| Advertising properties | Not disclosedNot verified as a separate numeric population Sources S048, S046 |
| Active rental listings | Not disclosedNot verified as a separate numeric population Sources S048, S046 |
| Units | Approximately 2.5MBilled core Operating System residential units; ancillary-product units excluded · 2026-06-30 Sources S048, S046 |
| Leases | Not disclosedNot verified as a separate numeric population Sources S048, S046 |
| Residents / tenants | More 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 reference | Value and scope |
|---|---|
| Public company / parent market cap | No 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 target | Not 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 field | Original value |
|---|---|
| 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 | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| ticker | Not disclosed / not applicable / not verified |
| exchange | Not disclosed / not applicable / not verified |
| public_market_cap_rank | Not disclosed / not applicable / not verified |
| public_market_cap_usd | Not disclosed / not applicable / not verified |
| public_market_cap_scope | Not disclosed / not applicable / not verified |
| market_cap_source_snapshot | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| reported_exit_target_date | Not disclosed / not applicable / not verified |
| reported_exit_target_status | Not disclosed / not applicable / not verified |
| valuation_warning | Current equity market cap, historical deal value, funding and exit targets are not interchangeable. |
| verified_vc_total_usd | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| customers_operator | Not disclosed / not applicable / not verified |
| customers_definition | Not disclosed / not applicable / not verified |
| customers_as_of | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| advertising_property_definition | Not disclosed / not applicable / not verified |
| advertising_property_as_of | Not disclosed / not applicable / not verified |
| active_rental_listings_count | Not disclosed / not applicable / not verified |
| active_rental_listings_definition | Not disclosed / not applicable / not verified |
| active_rental_listings_as_of | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| leases_count | Not disclosed / not applicable / not verified |
| leases_definition | Not disclosed / not applicable / not verified |
| leases_as_of | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| month_to_month_starting_usd | Not disclosed / not applicable / not verified |
| starting_per_unit_monthly_usd | Not disclosed / not applicable / not verified |
| starting_price_basis | Not disclosed / not applicable / not verified |
| minimum_units | Not disclosed / not applicable / not verified |
| minimum_monthly_usd | Not disclosed / not applicable / not verified |
| minimum_spend_note | Not disclosed / not applicable / not verified |
| pricing_tiers | No verified public standard subscription price |
| screening_fee_usd | Not disclosed / not applicable / not verified |
| screening_fee_note | Not disclosed / not applicable / not verified |
| payment_fee_note | Payments and resident services may carry separate fees depending on contract and property |
| trial_note | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |
| 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 | Not disclosed / not applicable / not verified |