Buildium

Last updated
Buildium
Company type Private company
Industry Property management
Founded2004;20 years ago (2004)
Headquarters,
Website www.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

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]

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References

  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.