Buildium
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Buildium is an
American American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, pe ...
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 A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial ...
,
accounting Accounting, also known as accountancy, is the measurement, processing, and communication of financial and non financial information about economic entities such as businesses and corporations. Accounting, which has been called the "languag ...
and
operation Operation or Operations may refer to: Arts, entertainment and media * ''Operation'' (game), a battery-operated board game that challenges dexterity * Operation (music), a term used in musical set theory * ''Operations'' (magazine), Multi-Ma ...
s.


History

Buildium was co-founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos. The company was
bootstrapped In general, bootstrapping usually refers to a self-starting process that is supposed to continue or grow without external input. Etymology Tall boots may have a tab, loop or handle at the top known as a bootstrap, allowing one to use fingers ...
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 $65M from ''Sumeru Equity Partners''. In February 2015, Buildium acquired ''All Property Management'', a provider of online marketing services for property managers. In April 2017, Buildium was named Leader in Gartner Frontrunners Quadrant for Property Management Software. In December 2019 Buildium was acquired by
RealPage RealPage is an American multinational corporation that provides property management software for the multifamily, commercial, single-family and vacation rental housing industries. Dana Jones is Chairman of the Board & Chief Executive Officer. In ...
. RealPage previously pegged the value of the Buildium acquisition at $580 million.


References

{{reflist Property management companies Organizations established in 2004 Companies based in Boston Software companies based in Massachusetts Cloud applications Cloud computing providers Defunct software companies of the United States American companies established in 2004 2004 establishments in Massachusetts Software companies established in 2004 Companies established in 2004