AppFolio

AppFolio is a company that was founded in 2006 and offers software-as-a-service (SaaS) applications for vertical markets. AppFolio initially focused on Property Management software. With the acquisition of MyCase in 2012, it expanded into the Law Practice Management industry.

AppFolio, Inc.
Public
Traded asNASDAQ: APPF (Class A)
Russell 2000 Component
IndustrySoftware
Founded2006 (2006)
FounderKlaus Schauser
Jon Walker
Headquarters
Goleta, California
,
United States
Area served
USA
Key people
Klaus Schauser, Chief Strategist
Jon Walker, CTO
Jason Randall, CEO
Products(see products)
  • AppFolio Property Manager
  • MyCase
ServicesSoftware as a Service
Revenue143.9 million (2017)
Number of employees
1,100 (as of April 2019)[1]
Websiteappfolioinc.com

The company’s headquarters is in Goleta, California.[1]

History


AppFolio was established in 2006 by co-founders Klaus Schauser[2] and Jon Walker.[3][4] Schauser had previously founded Expertcity.[3]

The company’s first focus was Property Management for small-to-medium businesses[3] and its first product, AppFolio Property Manager, was launched in 2007.[4]

In November 2012, AppFolio acquired MyCase, a "legal practice management software provider."[5]

AppFolio purchased real estate software firm RentLinx in April 2015. This acquisition included rights to the website ShowMeTheRent.com, which expanded the sphere of AppFolio’s clients and provided them with "greater listing presence".[6][1]

In May 2015, AppFolio announced its IPO,[2] which was unveiled in June.[1]

In September 2018, AppFolio reported acquisition of utility analytics software WegoWise. [7]

In January 2019, AppFolio acquired Dynasty Marketplace, Inc. for $60 million.[8][9]

References
  1. Potthoff, Gina (28 November 2015). "Goleta's AppFolio on Steady Path to Expansion, Success with Cloud-Based Software". Noozhawk. Retrieved 13 March 2017.
  2. "AppFolio files for $100M IPO". Pacific Coast Business Times. 19 May 2015. Retrieved 16 March 2017.
  3. McFadden, Kevin (6 September 2010). "AppFolio Stakes Out Territory in Field of Property Management Software". Noozhawk. Retrieved 16 March 2017.
  4. Kettmann, Matt (11 November 2014). "AppFolio Cofounder Talks Startup Weekend". Santa Barbara Independent. Retrieved 16 March 2017.
  5. Kowalski, Mitch (8 November 2012). "MyCase acquired by AppFolio". National Post. Retrieved 13 March 2017.
  6. Martin, Erika (10 April 2015). "AppFolio buys San Diego real estate tech firm". Pacific Coast Business Times. Retrieved 13 March 2017.
  7. "AppFolio Acquires Utility Analytics Company". www.appfolioinc.com. Retrieved 2020-04-09.
  8. "Stradling Advises AppFolio in its $60 Million Acquisition of Dynasty Marketplace". CCBJ. Retrieved 2020-04-15.
  9. "AppFolio Acquires Dynasty Marketplace, Inc". Mirror Review. 2019-01-08. Retrieved 2020-04-15.
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