Entrata

Entrata

Property management software with integrated tools

About

Entrata provides property management software that simplifies the management of apartment communities. Its platform offers a single-login access to various online tools, including websites, mobile apps, payment processing, lease signing, accounting, and resident management. This software allows property management companies to operate more efficiently by integrating with third-party applications through an open API, enabling customization of their technology solutions. Unlike many competitors, Entrata focuses on a comprehensive suite of services that enhances both operational efficiency and resident experiences. The goal of Entrata is to streamline property management processes and improve the overall experience for both property managers and residents.

Company Stage

Growth Equity (Venture Capital)

Employees

1,001-5,000

Industries

Enterprise Software, Real Estate

Total Funding

$493.2M

Headquarters

Lehi, Utah

Founded

2003


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Simplify's Take

What believers are saying

  • Partnership with PetScreening enhances pet-friendly rental communities, attracting more tenants.
  • ELI+ AI-driven modules streamline operations, improving user experience for property managers.
  • Collaboration with Freddie Mac offers credit-building services, enhancing resident satisfaction.

What critics are saying

  • 'Inception Fraud' poses financial risks to property management companies using Entrata.
  • Convergence of hospitality and residential tech creates competitive pressure for Entrata.
  • Expansion into India may strain resources, impacting service quality in the U.S.

What makes Entrata unique

  • Entrata offers a single-login, open-access platform for comprehensive property management.
  • The platform integrates with third-party applications through an open API for customization.
  • Entrata serves over 20,000 apartment communities with a wide array of online tools.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

11%

2 year growth

11%

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