5 Interesting Learnings from AppFolio at $660,000,000 in “ARR”
SaaStr
NOVEMBER 22, 2023
So AppFolio is a big vertical SaaS+ success story I frankly don’t know as much about as I should. There are several big leaders in property management software, and AppFolio is one of them. It’s doing well, especially in today’s markets. At $660m in “ARR” (a lot of that isn’t software, as we’ll see below), it’s trading at a $7.2 Billion market cap, even with lower than standard gross margins.
Let's personalize your content