Article · Wikipedia archive · Last revised Jun 14, 2026

AppFolio

AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.

Last revised
Jun 14, 2026
Read time
≈ 2 min
Length
572 w
Citations
20
Source
Wikipedia ↗
AppFolio, Inc.
Company type
Public
IndustrySoftware
Founded2006 (2006)
Founders
  • Klaus Schauser
  • Jon Walker
Headquarters
Santa Barbara, California
,
U.S.
Area served
United States
Key people
Products
  • AppFolio Property Manager
  • AppFolio Investment Manager
ServicesSoftware as a service
RevenueIncrease US$950 million (2025)
Increase US$153 million (2025)
Decrease US$140 million (2025)
Total assetsIncrease US$688 million (2025)
Total equityIncrease US$542 million (2025)
Number of employees
1,634 (2025)
Websiteappfolio.com
Footnotes / references
Financials as of December 31, 2025.1

AppFolio, Inc. is an American company founded in 2006 that offers software-as-a-service (SaaS) applications and services to the real estate industry.

The company's headquarters is in Goleta, California,2 in the Santa Barbara area.

History

AppFolio was established in 2006 by co-founders Klaus Schauser3 and Jon Walker.45 Schauser had previously founded Expertcity.4

The company's first focus was property management for small to medium businesses4 and its first product, AppFolio Property Manager, was launched in 2007.5

In November 2012, AppFolio acquired MyCase, a "legal practice management software provider."6

AppFolio purchased real estate software firm RentLinx in April 2015. This acquisition included rights to the website ShowMeTheRent.com, which increased AppFolio's listing presence.72

In May 2015, AppFolio announced its Initial public offering,3 which was unveiled in June.2

In September 2018, AppFolio reported acquisition of utility analytics software WegoWise.8

In January 2019, AppFolio acquired Dynasty Marketplace, Inc., for $60 million.910

In September 2020, AppFolio announced the sale of MyCase to private equity firm Apax Funds, for approximately $193 million.11

Products

AppFolio Property Manager

AppFolio Property Manager is a cloud-based property management platform12 used to manage residential and commercial rental operations, including leasing, accounting, and resident communications.13 The platform was expanded in 2022 with the AppFolio Stack, a marketplace for other real-estate software that can be integrated with its products.14

References

References

  1. "AppFolio, Inc. Announces Fourth Quarter and Fiscal Year 2025 Financial Results". January 29, 2026.
  2. Potthoff, Gina (28 November 2015). "Goleta's AppFolio on Steady Path to Expansion, Success with Cloud-Based Software". Noozhawk. Retrieved 13 March 2017.
  3. "AppFolio files for $100M IPO". Pacific Coast Business Times. 19 May 2015. Archived from the original on 7 October 2022. Retrieved 16 March 2017.
  4. McFadden, Kevin (6 September 2010). "AppFolio Stakes Out Territory in Field of Property Management Software". Noozhawk. Retrieved 16 March 2017.
  5. Kettmann, Matt (11 November 2014). "AppFolio Cofounder Talks Startup Weekend". Santa Barbara Independent. Archived from the original on 18 March 2017. Retrieved 16 March 2017.
  6. Kowalski, Mitch (8 November 2012). "MyCase acquired by AppFolio". National Post. Archived from the original on 18 March 2017. Retrieved 13 March 2017.
  7. Martin, Erika (10 April 2015). "AppFolio buys San Diego real estate tech firm". Pacific Coast Business Times. Archived from the original on 7 October 2022. Retrieved 13 March 2017.
  8. "AppFolio acquires analytics software company WegoWise". Pacific Coast Business Times. 5 September 2018. Archived from the original on 2018-09-08. Retrieved 2021-10-04.
  9. "Stradling Advises AppFolio in its $60 Million Acquisition of Dynasty Marketplace". CCBJ. Archived from the original on 2022-10-07. Retrieved 2020-04-15.
  10. "AppFolio Acquires Dynasty Marketplace, Inc". Mirror Review. 2019-01-08. Retrieved 2020-04-15.
  11. Dipshan, Rhys. "MyCase Sold to Private Equity Firm for Nearly $200 Million". Legaltech News. Archived from the original on 2022-10-07. Retrieved 2020-12-29.
  12. Ambrogi, Roert (8 October 2015). "The AppFolio IPO and What It Means for MyCase and the Legal Cloud". Law Next. Retrieved 15 December 2025.
  13. Garcia, Eduardo (27 August 2025). "AppFolio Property Manager Software Review 2025: Features, Integrations, Pros & Cons". Capterra. Retrieved 16 December 2025.
  14. "AppFolio Expands Through a Platform Marketplace". GlobeSt. Retrieved 2022-11-03.
External links