{
 "company": "buildium",
 "as_of": "2026-09-26",
 "choices": [
  {
   "id": "buildium-p01",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Founding team",
   "statement": "Michael Monteiro and Dimitris Georgakopoulos, former Sapient employees who owned rental properties in Providence, founded Buildium in 2004 to manage their own units.",
   "event_date": "2004",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD3"
   ]
  },
  {
   "id": "buildium-p02",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "First product",
   "statement": "The founders found only desktop software from long-established vendors and built a simple online system that tracked tenants and leases and had a tenant-facing piece.",
   "event_date": "2004",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD1"
   ]
  },
  {
   "id": "buildium-p03",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Launch",
   "statement": "The software launched in early 2005 with the founders as its first customers.",
   "event_date": "2005",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD3"
   ]
  },
  {
   "id": "buildium-g01",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "First customers",
   "statement": "The first 50 customers took about two years to win.",
   "event_date": "2006",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD2"
   ]
  },
  {
   "id": "buildium-p05",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Accounting core",
   "statement": "The 2007 release offered double-entry accounting with a property chart of accounts, cash or accrual books, standard financial reports, tenant and homeowner statements and a move-in wizard.",
   "event_date": "2007-03-29",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BD6"
   ]
  },
  {
   "id": "buildium-p06",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Three editions",
   "statement": "Property Manager, Landlord and Association editions served small landlords, professional managers and condo and homeowner associations.",
   "event_date": "2007-03-29",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BD6"
   ]
  },
  {
   "id": "buildium-p07",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Payment options",
   "statement": "Checks and electronic funds transfer were offered as payment options in the 2007 release.",
   "event_date": "2007-03-29",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BD6"
   ]
  },
  {
   "id": "buildium-g03",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Price schedule",
   "statement": "Monthly plans ran from $9.99 for up to 5 units to $174.99 for up to 650 units, with custom pricing above that, a 15-day free trial and no long-term contract.",
   "event_date": "2007-03-29",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BD6"
   ]
  },
  {
   "id": "buildium-p08",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "ePay",
   "statement": "Buildium launched its ePay online payment service in the United States in 2008.",
   "event_date": "2008",
   "date_precision": "year",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD9"
   ]
  },
  {
   "id": "buildium-g04",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "First employee",
   "statement": "Buildium reached 500 customers in 2008 before hiring its first employee; revenue at that point was a few hundred thousand dollars.",
   "event_date": "2008",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD3"
   ]
  },
  {
   "id": "buildium-p09",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Tenant screening",
   "statement": "Buildium introduced tenant screening through a partnership with TransUnion.",
   "event_date": "2009-07-27",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD22"
   ]
  },
  {
   "id": "buildium-p10",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Card payments",
   "statement": "Credit and debit card payments were added to ePay in 2012.",
   "event_date": "2012",
   "date_precision": "year",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD9"
   ]
  },
  {
   "id": "buildium-g06",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "First outside capital",
   "statement": "After eight bootstrapped years Buildium raised $20 million across two rounds from K1 Investment Management in 2012 and 2014.",
   "event_date": "2012",
   "date_precision": "year",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD4"
   ]
  },
  {
   "id": "buildium-g07",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Reason for raising",
   "statement": "Buildium raised capital only once competitors with similar software and more funding appeared.",
   "event_date": "2012",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD2"
   ]
  },
  {
   "id": "buildium-p04",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Scope widened",
   "statement": "A standalone tenant portal disconnected from the landlord's software proved insufficient, so the product was widened into a full management platform.",
   "event_date": "2013",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD1"
   ]
  },
  {
   "id": "buildium-g02",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Early outreach",
   "statement": "Early customers came from pounding the pavement and talking to property managers the founders knew; later ones found Buildium through search.",
   "event_date": "2013",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BD1"
   ]
  },
  {
   "id": "buildium-p11",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Owner leads",
   "statement": "Buildium bought All Property Management, a Seattle online service matching property owners with managers that generated over $50 million in management contracts a year.",
   "event_date": "2015-02-05",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD7"
   ]
  },
  {
   "id": "buildium-g08",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Scale in 2015",
   "statement": "Over 10,000 property management companies used Buildium; it had about 100 employees and had doubled headcount in 2014.",
   "event_date": "2015-02-12",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD7"
   ]
  },
  {
   "id": "buildium-g09",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Growth in 2015",
   "statement": "Revenue grew 90% in 2015; Buildium served more than 12,500 customers with nearly one million units.",
   "event_date": "2016-01-07",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BD8"
   ]
  },
  {
   "id": "buildium-g10",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Price range 2016",
   "statement": "Prices ran from $45 to $1,800 a month by unit count for portfolios under 5,000 units.",
   "event_date": "2016-06-08",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD4"
   ]
  },
  {
   "id": "buildium-g11",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Growth round",
   "statement": "Sumeru Equity Partners led a $65 million investment with existing investors and management and took two board seats.",
   "event_date": "2016-06-08",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD5"
   ]
  },
  {
   "id": "buildium-p12",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Payments in Canada",
   "statement": "ePay reached Canada through Forte Payment Systems, collecting rent, association fees and application fees through Buildium's portal.",
   "event_date": "2017-01-25",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD9"
   ]
  },
  {
   "id": "buildium-p13",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Add-on services",
   "statement": "Add-on services consisted primarily of third-party providers performing tenant screening, payment processing, mailing services and insurance.",
   "event_date": "2018",
   "date_precision": "year",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD17"
   ]
  },
  {
   "id": "buildium-g14",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Results 2018",
   "statement": "Revenue was $40.7 million, sales and marketing $10.3 million and the operating loss $4.0 million.",
   "event_date": "2018",
   "date_precision": "year",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD17"
   ]
  },
  {
   "id": "buildium-g12",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Revenue leadership",
   "statement": "Chris Litster, formerly Constant Contact's chief revenue officer, joined as Chief Customer Officer in January 2017 and became CEO on July 1, 2018; growth was above 30% a year and customers exceeded 15,000.",
   "event_date": "2018-06-28",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BD10"
   ]
  },
  {
   "id": "buildium-g05",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Channels",
   "statement": "Google AdWords, word of mouth and inbound blog content about customers' interests beyond the software were the growth channels.",
   "event_date": "2018-07-30",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BD2"
   ]
  },
  {
   "id": "buildium-g13",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Plans",
   "statement": "Core and Pro plans were priced by units managed, like a cell-phone plan, with add-ons such as payment tracking.",
   "event_date": "2018-07-30",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BD2"
   ]
  },
  {
   "id": "buildium-g16",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Units per customer",
   "statement": "Buildium's customers averaged about 90 units against about 300 at AppFolio, and it was underpenetrated in value-added services compared with RealPage.",
   "event_date": "2019",
   "date_precision": "year",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD19"
   ]
  },
  {
   "id": "buildium-p15",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Planned additions",
   "statement": "RealPage planned to add leasing, utility fee recovery, payment processing and insurance capabilities to Buildium.",
   "event_date": "2019-11-06",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD12"
   ]
  },
  {
   "id": "buildium-g17",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Sale",
   "statement": "RealPage agreed to buy all of Buildium by merger for about $580.0 million in cash; the acquisition closed on December 18, 2019.",
   "event_date": "2019-11-06",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD11"
   ]
  },
  {
   "id": "buildium-p14",
   "business": "Cloud property management software for small residential and association managers",
   "category": "product",
   "dimension": "Ease of set-up",
   "statement": "The acquirer's CEO described an easy user interface and self-provisioning that supported multifamily, single-family, association and vacation rental owners.",
   "event_date": "2019-11-07",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD13"
   ]
  },
  {
   "id": "buildium-g15",
   "business": "Cloud property management software for small residential and association managers",
   "category": "go_to_market",
   "dimension": "Customer size",
   "statement": "Buildium sold best to customers with 30 to 200 units and offered 24/7 phone support as standard.",
   "event_date": "2019-11-07",
   "date_precision": "day",
   "evidence_kind": "documented_offer_or_action",
   "sources": [
    "BD13"
   ]
  }
 ]
}