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Buildium

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Buildium
Company typePrivate company
IndustryProperty management
Founded2004; 20 years ago (2004)
Headquarters,
Websitewww.buildium.com

Buildium is an American property management software company. It was founded in 2004 and headquartered in Boston, Massachusetts, providing cloud-based (software as a service), real estate software. Its property management software allows real estate professionals to manage property portfolios, including leasing, accounting and operations.[1]

History

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Buildium was co-founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos.[2] The company was bootstrapped for the first eight years, and in 2012 and 2014, Buildium raised two rounds of funding totaling $20 million from K1 Investment Management.[3] In June 2016, the company raised $65M from Sumeru Equity Partners.[4][5][6]

In February 2015, Buildium acquired All Property Management, a provider of online marketing services for property managers.[7][8][9]

In April 2017, Buildium was named Leader in Gartner Frontrunners Quadrant for Property Management Software.[10]

In December 2019 Buildium was acquired by RealPage. RealPage previously pegged the value of the Buildium acquisition at $580 million.[11]

References

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  1. ^ Strong, Rebecca (February 19, 2015). "Buildium is the Largest Boston Tech Company You've Never Heard Of". BostInno.
  2. ^ Boyle, Josh (March 8, 2015). "Born and Bred in Boston, Buildium is Built To Last". VentureFizz.
  3. ^ Griffith, Erin (June 2, 2016). "Exclusive: Buildium Raises $65 Million for Landlord Software". Fortune.
  4. ^ "Boston real estate software company lands $65M in funding". Boston Business Journal. June 8, 2016.
  5. ^ "These 3 Platforms Are Transforming Property Management | cre.tech". cre.tech. 4 May 2017. Retrieved 29 May 2017.[permanent dead link]
  6. ^ "Exclusive: Buildium Raises $65 Million for Landlord Software". Fortune. Retrieved 29 May 2017.
  7. ^ allpropertymanagement.com. "Rental Property Managers, Get Free Quotes - APM". www.allpropertymanagement.com. Retrieved 2017-01-05.
  8. ^ Davidson, Michael (February 12, 2015). "Xconomy".
  9. ^ "Buildium software company buys Seattle's All Property Management". GeekWire. 12 February 2015. Retrieved 29 May 2017.
  10. ^ "Buildium named Leader in Gartner Frontrunners Quadrant for Property Management Software". Yahoo.com. Retrieved 29 May 2017.
  11. ^ "RealPage buys Buildium for $580 million". HousingWire. 2019-12-20. Retrieved 2020-04-09.