AppFolio
About The AppFolio
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AppFolio, Inc. is a leading provider of cloud-based business management solutions tailored for the real estate industry. Founded in 2006 and headquartered in Santa Barbara, California, AppFolio offers a comprehensive suite of software-as-a-service (SaaS) applications designed to streamline property management operations and enhance customer experiences.
The company's flagship product, AppFolio Property Manager, is a robust platform that integrates various functionalities essential for effective property management. It encompasses accounting, maintenance tracking, leasing, marketing, and tenant communication tools.
AppFolio serves a diverse clientele that includes single-family, multifamily, student housing, community associations, and commercial property managers.
AI Innovations
In June 2023, AppFolio introduced AppFolio Realm, a suite of AI-powered capabilities aimed at further enhancing operational efficiency and resident engagement. Features include automated generation of marketing descriptions and a conversational interface for natural language commands.
Marketplace and Integrations
To provide a more integrated experience, AppFolio launched the AppFolio Stack™ Marketplace, which enables seamless integration with third-party solutions. This marketplace offers tools that extend the platform's capabilities and allow property managers to customize their tech stack according to specific business needs.
Company Recognition and Financials
AppFolio's commitment to innovation and customer success has earned recognition. In 2020, the company ranked #1 in Fortune’s list of Fastest-Growing Companies and was named a Best Place to Work by Glassdoor.
As of 2024, the company reported revenue of $794.2 million and employed approximately 1,634 individuals. Its stock is publicly traded on NASDAQ under the ticker symbol APPF.
Company Locations
AppFolio operates primarily in the United States, with its headquarters located in Santa Barbara, California. Additional office locations are:
- Columbus, OH, USA
- Richardson, Texas
- San Diego, California
Summary
Overall, AppFolio continues to lead the real estate technology sector by providing innovative, cloud-based solutions that empower property managers to operate more efficiently and deliver superior experiences to residents and owners alike.