AppFolio, Inc. Class A
APPFAppFolio, Inc., Class A (APPF), is a cloud-based software company that provides property management and legal practice management solutions. Founded in 2006, it offers platforms designed to streamline bookkeeping, marketing, communication, and accounting processes for small to mid-sized businesses in the real estate, rental property, and legal sectors. The company's user-friendly solutions help clients improve operational efficiency and enhance client experience through integrated, mobile-friendly tools.
Company News
The Hospitality PMS market is projected to reach USD 2.44 billion by 2031 with a 7.05% CAGR, driven by cloud migration, AI-enhanced revenue tools, and adoption among SMEs. Cloud platforms dominated 64.92% of the market in 2025, while Asia-Pacific emerges as the fastest-growing region. Legacy system integration challenges persist but vendors are a...
The global Property Management Software Market is projected to grow at a CAGR of 5.93% from 2026 to 2032, reaching USD 5.12 Billion by 2032 from USD 3.23 Billion in 2024. Growth is driven by increasing demand for automation, cloud-based solutions, and urbanization, though high implementation costs and data security concerns present challenges.
A survey of nearly 2,000 real estate professionals reveals technology implementation is now a top challenge, with leaders spending most time on routine operational work instead of strategic activities. AI adoption is widespread but its full potential remains untapped.
AppFolio reported strong Q3 2025 financial results with 21% year-over-year revenue growth to $249 million, driven by AI-powered solutions and expanded customer base. The company highlighted strategic innovations in real estate performance management, including Realm-X Performers AI modules and enhanced resident onboarding experiences.
AppFolio launched a new Real Estate Performance Management platform powered by AI, introducing Realm-X Performers to automate property management workflows and improve operational efficiency for real estate operators.
