Buildium
{{Short description|American property software management}}
{{UPE|date=November 2019}}
{{Infobox company
| name = Buildium
| logo =
| caption =
| type = Private company
| traded_as =
| foundation = {{start date and age|2004}}
| founder =
| defunct =
| location_city = Boston, Massachusetts
| location_country = United States
| location =
| locations =
| area_served =
| key_people =
| industry = Property management
| products =
| services =
| revenue =
| operating_income =
| net_income =
| aum =
| assets =
| equity =
| owner =
| num_employees =
| parent =
| divisions =
| subsid =
| homepage = [https://www.buildium.com/ www.buildium.com]
| footnotes =
| intl =
}}
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. The property management of its software allows real estate professionals to manage property portfolios, including leasing, accounting and operations.{{cite news|last=Strong|first=Rebecca|title=Buildium is the Largest Boston Tech Company You've Never Heard Of|work=BostInno|date=February 19, 2015|url=http://bostinno.streetwise.co/2015/02/19/boston-property-management-software-firm-buildium-seeing-major-growth/}}
History
Buildium was co-founded in 2004 by Michael Monteiro and Dimitris Georgakopoulos.{{cite news|last=Boyle|first=Josh|title=Born and Bred in Boston, Buildium is Built To Last|work=VentureFizz|date=March 8, 2015|url=https://venturefizz.com/blog/born-and-bred-boston-buildium-built-last/}} 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.{{cite news|last=Griffith|first=Erin|title=Exclusive: Buildium Raises $65 Million for Landlord Software|work=Fortune|date=June 2, 2016|url=http://fortune.com/2016/06/08/exclusive-buildium-raises-65-million-for-landlord-software/}} In June 2016, the company raised $65M from Sumeru Equity Partners.{{cite news|title=Boston real estate software company lands $65M in funding|work=Boston Business Journal|date=June 8, 2016|url=http://www.bizjournals.com/boston/real_estate/2016/06/boston-real-estate-software-company-lands-65m-in.html}}{{cite news|title=Skye At Holland|url=https://www.skyeatholland.sg/|access-date=May 7, 2025}}
In February 2015, Buildium acquired All Property Management, a provider of online marketing services for property managers.{{Cite web|url=http://www.allpropertymanagement.com/|title=Rental Property Managers, Get Free Quotes - APM|last=allpropertymanagement.com|website=www.allpropertymanagement.com|access-date=2017-01-05}}{{cite news|url=http://www.xconomy.com/boston/2015/02/12/acquisition-extends-buildiums-offerings-for-real-estate-industry/|title=Xconomy|last=Davidson|first=Michael|date=February 12, 2015}}{{cite web|title=Buildium software company buys Seattle's All Property Management|url=https://www.geekwire.com/2015/buildium-software-company-buys-seattles-property-management/|website=GeekWire|access-date=29 May 2017|date=12 February 2015}}
In April 2017, Buildium was named Leader in the Gartner Frontrunners Quadrant for Property Management Software.{{cite web|title=Buildium named Leader in Gartner Frontrunners Quadrant for Property Management Software|url=https://finance.yahoo.com/news/buildium-named-leader-gartner-frontrunners-130000221.html|publisher=Yahoo.com|access-date=29 May 2017}}
In December 2019, Buildium was acquired by RealPage. RealPage previously pegged the value of the Buildium acquisition at $580 million.{{Cite web|url=https://www.housingwire.com/articles/realpage-buys-buildium-for-580-million/|title=RealPage buys Buildium for $580 million|date=2019-12-20|website=HousingWire|language=en-US|access-date=2020-04-09}}
References
{{reflist}}
Category:Property management companies
Category:Companies based in Boston
Category:Software companies based in Massachusetts
Category:Cloud computing providers
Category:Defunct software companies of the United States
Category:American companies established in 2004