Buildium is a popular cloud-based property management software that helps real estate professionals and property managers manage their rental properties.
The software was founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos, and it has since grown to become one of the most widely used property management tools in the industry.
Buildium has raised several rounds of funding over the years, including $20 million from K1 Investment Management in 2012 and 2014, and $65 million from Sumeru Equity Partners in 2016.
Despite the company’s success, many people are still curious about who owns Buildium and whether it is publicly traded.
To answer these questions, it is important to note that Buildium is currently owned by RealPage, Inc., a publicly traded company that provides software and data analytics solutions to the real estate industry.
RealPage acquired Buildium in 2019 for $580 million, and the software now operates as a subsidiary of RealPage. This acquisition has allowed RealPage to expand its offerings and provide a more comprehensive suite of solutions to its customers.
Who Owns Buildium
Buildium is a property management software company that was founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos. The company is headquartered in Boston, Massachusetts, and offers a cloud-based software solution for property managers to manage their rental properties.
Owners
Michael Monteiro and Dimitris Georgakopoulos are the co-founders of Buildium. They were landlords themselves and saw the need for a software solution that would make property management simpler and easier to control.
Today, Buildium is one of the leading property management software solutions in the industry.
K1 Investment Management
In 2018, Buildium was acquired by K1 Investment Management, a private equity firm based in Los Angeles, California. K1 Investment Management provides Buildium with the resources and support to continue to grow and expand its product offerings.
Sumeru Equity Partners
In 2021, Buildium was acquired by Sumeru Equity Partners, a growth-focused technology investment firm. The acquisition was made in partnership with RealPage, a provider of property management software solutions.
RealPage
RealPage is a provider of property management software solutions and is a partner in the acquisition of Buildium by Sumeru Equity Partners. The partnership between RealPage and Buildium will help to create a comprehensive suite of property management software solutions for the industry.
Where is Buildium based?
Buildium is based in Boston, Massachusetts, and has additional offices in Raleigh, North Carolina, and Lisbon, Portugal. The company has a global reach and serves property managers in more than 50 countries.
History of Buildium
How long has Buildium been in business?
Buildium is a property management software company that was founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos. The company is headquartered in Boston, Massachusetts and has been in business for over 19 years.
For the first eight years, Buildium was bootstrapped, meaning that the company was self-funded and did not accept any outside investment.
In 2012 and 2014, Buildium raised two rounds of funding totaling $20 million from K1 Investment Management. In June 2016, the company raised $65M from Sumeru Equity Partners.
Since its founding, Buildium has grown to become a leading provider of cloud-based real estate software.
The company’s platform is designed to help property managers and real estate professionals with tasks such as rental listings, tenant screening, lease management, rent collection, property accounting, maintenance requests, and communication.
Buildium’s success can be attributed to its focus on customers first, helpful and supportive communication, openness and honesty, nimbleness and flexibility, initiative and hard work, passion, and fun. The company has a strong culture that nurtures its solution and values its team.
Overall, Buildium has become a trusted partner for property managers and real estate professionals, providing them with the tools they need to streamline their operations and grow their businesses.
How Many Clients Does Buildium Have?
Buildium is a property management software company that provides solutions for property managers and landlords. The company was founded in 2004 and has since grown to become a leading provider of software solutions for property management.
According to Business Wire (.com), Buildium has over 16,000 customers who manage more than 1.8 million units across the globe. The company’s customer base includes property managers, landlords, and community associations.
Buildium’s customers are spread across various industries, including residential, commercial, and student housing. The company offers a range of features and tools that cater to the needs of different types of property managers.
Buildium’s software solutions are designed to help property managers streamline their operations and improve their efficiency. The company’s software includes features such as online rent payments, tenant screening, lease tracking, maintenance requests, and financial reporting.
In conclusion, Buildium has a significant customer base, with over 16,000 customers managing more than 1.8 million units. The company’s software solutions cater to the needs of different types of property managers, and the company continues to grow as more property managers adopt its software.
What is the Revenue of Buildium Company?
Buildium is a privately-held company that provides cloud-based property management software. As of 2023, the company’s revenue is estimated to be between $100 million and $500 million annually, according to IncFact.com.
Buildium has experienced significant growth since its founding in 2004.
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. In June 2016, the company raised $65 million from Sumeru Equity Partners.
Buildium’s revenue growth has been recognized by industry publications.
The company has been named to the Inc. 5000 list of America’s Fastest-Growing Private Companies for seven consecutive years, with only 3.5% of all honorees making the list seven or more times, according to Buildium’s website.
Buildium’s revenue is driven by its property management software, which is used by landlords and property managers to manage their tenants, leasing, accounting operations, and more. The software is designed to streamline property management tasks, reduce costs, and improve efficiency.
In summary, Buildium’s revenue is estimated to be between $100 million and $500 million annually, driven by its cloud-based property management software that is used by landlords and property managers to manage their properties.
The company has experienced significant growth and has been recognized for its revenue growth by industry publications.
What is the Market Share of Buildium?
Buildium is a property management software designed to help residential and community association property managers to market, manage, and grow their businesses.
It is a cloud-based platform that offers a wide range of features for property managers, including accounting, leasing, maintenance, and communication tools.
According to Datanyze, Buildium has a market share of 4.00% with more than 2,138 companies using this software as of 2023. This makes Buildium one of the leading property management software solutions in the market.
Buildium’s competitors include AppFolio, Yardi, and RealPage, among others. AppFolio is the closest competitor to Buildium, with a market share of 11.56%. Yardi and RealPage have market shares of 22.56% and 14.60%, respectively.
Buildium’s market share has been growing steadily over the years, thanks to its user-friendly interface, robust features, and excellent customer support.
The company has also been investing in product development and customer experience, which has helped it to maintain its position as one of the best property management software solutions in the market.
Before trusting a product like Buildium, a property management software, it’s crucial to understand the company thoroughly, especially with the abundance of misinformation online. But worry not, we’ve done all the work for you!
In conclusion, Buildium boasts a remarkable market share of 4.00%, solidifying its position as a leading property management software solution.
Competing with giants like AppFolio, Yardi, and RealPage, Buildium has steadily grown its market share over the years, prioritizing product development and enhancing customer experience to remain one of the top choices in the industry.
How Many Employees Does Buildium Have?
As of 2023, Buildium has 223 employees according to Datanyze. The company has been growing steadily since its founding in 2004. In 2007, Buildium had only two employees, but by 2011, the company had grown to 50 employees.
Buildium’s growth has been recognized by Inc. magazine, which has included the company on its list of America’s Fastest-Growing Private Companies for seven consecutive years. Only 3.5% of all honorees have made the list seven or more times.
Buildium’s employees are spread across its offices in Boston, Massachusetts, and Lisbon, Portugal. The company has a diverse workforce and is committed to creating an inclusive culture that values diversity, equity, and inclusion.
Buildium’s employees are passionate about their work and are dedicated to providing the best possible service to their customers. The company’s success is a testament to the hard work and dedication of its employees, who are committed to helping property managers and landlords succeed.
Final Thoughts
In conclusion, Buildium is a property management software company headquartered in Boston, Massachusetts. The company was founded in 2004 and has since grown to become one of the leading property management software providers in the United States.
Despite extensive research, no definitive information could be found regarding the current ownership of Buildium. It is possible that the company is privately owned, or that it has been acquired by a larger entity and is now operating as a subsidiary.
Buildium’s cloud-based software allows real estate professionals to manage property portfolios, including leasing, accounting, and operations.
The company has a strong reputation for providing excellent customer service and for continually improving its software to meet the evolving needs of the industry.
Overall, Buildium is a reliable and trusted partner for property managers looking to streamline their operations and improve their bottom line. With a user-friendly interface and robust feature set, Buildium is well-positioned to continue its growth and success in the years to come.
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