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AppFolio, Inc. is a Santa Barbara–based provider of cloud-based software solutions for the property management and legal industries. Founded in 2006 by former software executives, the company went public on the NASDAQ under the symbol APPF in 2015. Its original offering, AppFolio Property Manager, automates accounting, marketing, leasing, and maintenance functions for residential, commercial, student housing, and community association managers.
In 2019, AppFolio expanded its portfolio with the acquisition of MyCase, a web-based legal practice management platform for small to mid-size law firms. The combined suite delivers end-to-end solutions for online payments, e-signatures, client portals, and reporting. AppFolio’s mobile applications and cloud infrastructure enable remote access and real-time collaboration across multiple properties or legal practices.
AppFolio primarily serves markets across the United States and Canada, supporting a broad range of clients from independent property managers and small law offices to larger multi-state firms and publicly traded real estate investment trusts. By catering to diverse segments within real estate and legal services, the company helps organizations modernize administrative and operational workflows.
Under the leadership of President and CEO Thomas J. Egan, who succeeded co-founder Klaus Schauser, AppFolio continues to invest in customer-driven innovation. The company leverages emerging technologies such as artificial intelligence and machine learning to enhance efficiency, deliver actionable insights, and improve the overall user experience for its network of property and legal professionals.
The United States has introduced sanctions against Serbia’s main oil supplier, which is controlled by Russia, the company said Thursday. Serbia's president said this could have “unforeseeable” consequences for the Balkan country. Serbia depends almost entirely on Russian gas and oil supplies, which ...
A resurgence of meme stock interest has prompted the return of a one-stop fund for the volatile and quirky investments.Roundhill Investments is launching a meme ETF, which is an exchange-traded fund consisting solely of meme stocks. Several of those stocks have ridden a wave of meme investment senti...
Slovakia’s populist Prime Minister Robert Fico said Tuesday his government has approved an agreement with the United States to build an additional nuclear reactor.Fico announced the multi-billion-dollar deal during a speech at an annual nuclear conference in the Slovak capital. He said that the new ...
Wall Street’s record-breaking rally ran out of momentum on Tuesday after the price of gold topped $4,000 per ounce for the first time.The S&P 500 dipped 0.4% from its latest all-time high and broke a seven-day winning streak. The Dow Jones Industrial Average fell 91 points, or 0.2%, and the Na...