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So AppFolio is a big vertical SaaS+ success story I frankly don’t know as much about as I should. So AppFolio is a quiet member of the 10x ARR club – SaaS for property management – $660m run-rate, $7.2B So AppFolio is a quiet member of the 10x ARR club – SaaS for property management – $660m run-rate, $7.2B
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The SaaS market has witnessed rapid growth in recent times. From $412 billion in 2021 to $591 billion in 2023, the industry has expanded by more than 140%. After years of unbridled growth, SaaS companies are moving away from a “growth at all costs” mindset to “responsible growth.” The demand for embedded payments is huge.
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