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AppFolio

From Wikipedia, the free encyclopedia
AppFolio, Inc.
TypePublic
IndustrySoftware
Founded2006; 20 years ago (2006)
Founders
  • Klaus Schauser
  • Jon Walker
Headquarters,
U.S.
Area served
United States
Key people
Products
  • AppFolio Property Manager
  • AppFolio Investment Manager
ServicesSoftware as a service
RevenueIncrease US$950 million (2025)
Increase US$153 million (2025)
Decrease US$140 million (2025)
Total assetsIncrease US$688 million (2025)
Total equityIncrease US$542 million (2025)
Number of employees
1,634 (2025)
Websiteappfolio.com
Footnotes
Financials as of December 31, 2025.[1]

AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.

The company's headquarters is in Goleta, California,[2] in the Santa Barbara area.

History

[edit]

AppFolio was established in 2006 by co-founders Klaus Schauser[3] and Jon Walker.[4][5] Schauser had previously founded Expertcity.[4]

The company's first focus was property management for small to medium businesses[4] and its first product, AppFolio Property Manager, was launched in 2007.[5]

In November 2012, AppFolio acquired MyCase, a "legal practice management software provider."[6]

AppFolio purchased real estate software firm RentLinx in April 2015. This acquisition included rights to the website ShowMeTheRent.com, which increased AppFolio's listing presence.[7][2]

In May 2015, AppFolio announced its Initial public offering,[3] which was unveiled in June.[2]

In September 2018, AppFolio reported acquisition of utility analytics software WegoWise.[8]

In January 2019, AppFolio acquired Dynasty Marketplace, Inc., for $60 million.[9][10]

In September 2020, AppFolio announced the sale of MyCase to private equity firm Apax Funds, for approximately $193 million.[11]

Products

[edit]

AppFolio Property Manager

[edit]

AppFolio Property Manager is a cloud-based property management platform[12] used to manage residential and commercial rental operations, including leasing, accounting, and resident communications.[13] The platform was expanded in 2022 with the AppFolio Stack, a marketplace for other real-estate software that can be integrated with its products.[14]

References

[edit]
  1. ↑ "AppFolio, Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results". January 29, 2026.
  2. 1 2 3 Potthoff, Gina (28 November 2015). "Goleta's AppFolio on Steady Path to Expansion, Success with Cloud-Based Software". Noozhawk. Retrieved 13 March 2017.
  3. 1 2 "AppFolio files for $100M IPO". Pacific Coast Business Times. 19 May 2015. Archived from the original on 7 October 2022. Retrieved 16 March 2017.
  4. 1 2 3 McFadden, Kevin (6 September 2010). "AppFolio Stakes Out Territory in Field of Property Management Software". Noozhawk. Retrieved 16 March 2017.
  5. 1 2 Kettmann, Matt (11 November 2014). "AppFolio Cofounder Talks Startup Weekend". Santa Barbara Independent. Archived from the original on 18 March 2017. Retrieved 16 March 2017.
  6. ↑ Kowalski, Mitch (8 November 2012). "MyCase acquired by AppFolio". National Post. Archived from the original on 18 March 2017. Retrieved 13 March 2017.
  7. ↑ Martin, Erika (10 April 2015). "AppFolio buys San Diego real estate tech firm". Pacific Coast Business Times. Archived from the original on 7 October 2022. Retrieved 13 March 2017.
  8. ↑ "AppFolio acquires analytics software company WegoWise". Pacific Coast Business Times. 5 September 2018. Archived from the original on 2018-09-08. Retrieved 2021-10-04.
  9. ↑ "Stradling Advises AppFolio in its $60 Million Acquisition of Dynasty Marketplace". CCBJ. Archived from the original on 2022-10-07. Retrieved 2020-04-15.
  10. ↑ "AppFolio Acquires Dynasty Marketplace, Inc". Mirror Review. 2019-01-08. Retrieved 2020-04-15.
  11. ↑ Dipshan, Rhys. "MyCase Sold to Private Equity Firm for Nearly $200 Million". Legaltech News. Archived from the original on 2022-10-07. Retrieved 2020-12-29.
  12. ↑ Ambrogi, Roert (8 October 2015). "The AppFolio IPO and What It Means for MyCase and the Legal Cloud". Law Next. Retrieved 15 December 2025.
  13. ↑ Garcia, Eduardo (27 August 2025). "AppFolio Property Manager Software Review 2025: Features, Integrations, Pros & Cons". Capterra. Retrieved 16 December 2025.
  14. ↑ "AppFolio Expands Through a Platform Marketplace". GlobeSt. Retrieved 2022-11-03.
[edit]
  • Official website
  • Business data for AppFolio, Inc.: