Appfolio
United States
Market Cap · 2026
$7B
2025 Revenue
$950.8M
Customers
18.3K
Funding
$30M
YOY
19.7%
Avg ACV
$51.8K
Team · 2024
1.9K
Founded
2005
Appfolio Revenue, Valuation & Funding (2025)
Appfolio generated $950.8M in revenue in 2025. Source: Company Website
AppFolio Inc is a provider of industry-specific, cloud-based software solutions for small and medium-sized businesses (SMBs) in the property management and legal industries. Its property management software provides small and medium-sized property managers with an end-to-end solution to their business needs. The company's products include cloud-based property management software (Appfolio Property Manager); rental syndication and lead tracking software (Rentlinx); and cloud-based legal practice management software (Mycase). It also offers value-added services, such as Website design and electronic payment services. Business activity of the firm is primarily functioned through the United States and it derives revenue from the source of subscription fees.
Last updated
Appfolio Revenue
In 2025, Appfolio's revenue reached $950.8M. The company previously reported $794.2M in 2024. Since its launch in 2005, Appfolio has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Appfolio revenue for 2025: $950.8m | Company Website |
| 2024 | Appfolio revenue for 2024: $794.2m | Company Website |
| 2020 | Appfolio revenue for 2020: $310.1m | Company Website |
| 2005 | Launched with $0 revenue |
Appfolio Valuation, Funding Rounds
Appfolio has a $7B market cap as of September 2026.
Appfolio has raised $30M in total funding across 3 rounds, with its most recent round in 2009.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2026 | Market Cap | - | $7B | - | stockanalysis.com |
| 2009 | Funding round | $8M | - | - | Not recorded |
| 2008 | Funding round | $17M | - | - | Not recorded |
| 2007 | Funding round | $5M | - | - | Not recorded |
Founder / CEO
Customers
Appfolio serves 18.3K customers.
Appfolio Employees & Team Size
Appfolio employs approximately 1.9K people as of 2026, up from 1.2K in 2021, including 210 sales reps that carry a quota. It serves 18.3K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 1.9K employees (December 2024) | Not recorded |
| 2021 | Reached 1.2K employees (April 2021) | Not recorded |
Frequently Asked Questions about Appfolio
Is Appfolio a public company?
Yes. Appfolio is publicly traded, with a market cap of $7B as of 2026.
What is Appfolio's revenue?
As of 2025, Appfolio generated $950.8M in revenue.
Who founded Appfolio?
Appfolio was founded by Jason Randall.
When was Appfolio founded?
Appfolio was founded in 2005.
Who is the CEO of Appfolio?
The CEO of Appfolio is Jason Randall.
How much funding does Appfolio have?
Appfolio raised $30M across 3 rounds.
How many employees does Appfolio have?
As of 2024, Appfolio had 1.9K employees.
Where is Appfolio headquartered?
Appfolio is headquartered in United States.
Compare Appfolio to the industry
See how Appfolio ranks against the best Vertical Industry Software companies by revenue and funding.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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