According to Gartner, the worldwide public cloud services market is projected to grow 17.5% to $214.3 billion in 2019. AppFolio ([[APPF]]) is a SaaS player operating in niche vertical markets like real estate management and law practice management.
AppFolio's Financials
Santa Barbara, California-based AppFolio was founded in 2006 by Klaus Schauser and Jon Walker to focus on efficient property management for small-to-medium businesses. It launched its flagship product AppFolio Property Manager in 2007. It later expanded to the legal practice management vertical with the acquisition of MyCase in 2012.
Today, it offers AppFolio Property