Aareon Acquisition, Valuation, Funding & Investors

Ming Yuan Cloud Group Holdings Ltd is a provider of enterprise-grade ERP solutions and SaaS products to property developers and other industry participants along the real estate value chain in China. The company's ERP solutions and SaaS products enable property developers and other real estate industry participants, such as construction materials suppliers and property asset management companies, to streamline and digitalize their business operations. It generates maximum revenue from the SaaS products segment.

VTS is a New York-headquartered commercial real estate platform that centralizes leasing, asset management, and tenant data workflows. The software connects landlords, brokers, and tenants with tools for deal tracking and portfolio analytics. VTS serves clients including Boston Properties, Hines, JLL, CBRE, and LaSalle Investment Management. Founded in 2012, the company acquired Rise in 2021 to expand its data marketplace.

Qualia is a San Francisco-headquartered digital platform for real estate closings and refinances. Its cloud-based closing rooms consolidate documents, e-signatures, and payments for buyers, sellers, lenders, title agents, and realtors on a secure remote system. Launched in 2015, the company holds ALTA Elite Provider status and offices in Austin and Superior, Colorado. Qualia leads in cybersecurity as the first tech member of the Coalition to Stop Real Estate Wire Fraud.

Vantaca is a Cedar Rapids-headquartered SaaS provider of community association management software serving over 2,500 HOAs and 1.5 million residents. Its platform unifies accounting with AR/AP processing, budgeting, and violation tracking alongside resident portals for work orders and payments. The HOAi AI layer automates invoice coding and covenant compliance checks. Launched in 1999, Vantaca delivers analytics through Vantaca IQ dashboards and trains users via Vantaca University courses.

Placester is a comprehensive platform equipping real estate agents with customizable websites, MLS integrations, and marketing automation. Boston-headquartered since 2011, it delivers natural language search, mobile apps, and analytics to two in five U.S. professionals. Placester exclusively provides websites for the National Association of REALTORS Benefits Program and partners with brands like Keller Williams across North America for lead generation and transaction tools.

3vjia.com is a platform centralizing home improvement data in China with a comprehensive material model library and 3D design software. The service enables true online 3D panorama technology for virtual room planning and renovation visualization. Operating from China, the company drives digital transformation in residential design by integrating market-covering resources for contractors and homeowners.

Entrata is a Lehi, Utah-headquartered property management platform used by 10,000+ communities nationwide. Launched in 2003, it unifies leasing, accounting, maintenance requests, and resident portals on a single cloud system. Integrations with Yardi and AppFolio support 2.5 million units.

OutSystems is a low-code development platform leader headquartered in Lisbon, Portugal, enabling enterprises to build applications 10 times faster. It supports full lifecycle management with AI integration for mission-critical apps used by global brands like Mercedes-Benz and Vodafone.

ServiceTitan Inc is an end-to-end technology platform built for contractors to transform the performance of their businesses. The Company’s platform provides business owners, technicians, customer service representatives and other key office staff with technology tools designed to help customers grow revenue, drive operational efficiencies, deliver a superior end-customer experience and monitor key business drivers in real-time. The Company also has subsidiaries in Yerevan, Armenia and British Columbia, Canada that primarily serve as research and development and support centers.

Loft is a Brazilian proptech company founded in 2018 and headquartered in São Paulo. Digitizes real estate transactions across Latin America by combining data software and embedded fintech services. Partners with thousands of real estate brokerages to facilitate property listing financing insurance and rental management through an end-to-end digital workflow.

AppFolio Inc provides cloud-based software solutions for the real estate industry. Its property management software offers property managers an end-to-end solution to their business needs. The group's products include cloud-based property management software (Appfolio Property Manager). Its solutions are AppFolio Property Manager Core, AppFolio Property Manager Plus, and AppFolio Property Manager Max. It also offers value-added services, such as screening, risk mitigation, and electronic payment services. Its markets are Single-Family, Multifamily, Student Housing, Affordable Housing, Community Associations, Commercial, and Investment Management. The business activity of the firm predominantly functions in the United States and it generates revenue in the form of subscription fees.

Unqork is a New York-headquartered no-code platform for building complex enterprise applications in insurance, banking, and government sectors. Launched in 2017, it enables drag-and-drop development of forms, workflows, and integrations, serving clients like Liberty Mutual and JPMorgan Chase with faster deployments.

Bentley Systems is a software vendor that caters to civil engineers, constructors, and geospatial professionals by enabling design, simulation, and data management of infrastructure assets such as roads and bridges. While Bentley is smaller than many other design software companies, it is a market leader across a handful of specialty areas, including public works, electricity grids, and transit.

Porch Group Inc is a vertical software company reinventing the home services and insurance industries. It has four reportable segments: Insurance Services, Software & Data, Consumer Services, and Corporate. The majority of revenue is from the Insurance segment. The Insurance Services segment manages and operates the Reciprocal, providing services related, but not limited, to underwriting, policy renewal, risk management, insurance portfolio management, financial management, and setting investment guidelines in exchange for commissions and fees.

HomeLight is a real estate technology platform facilitating home purchases and sales in the United States. San Francisco-headquartered, it matches users with agents using market data, offers all-cash buy options, bridge loans for buying before selling, and streamlined closing processes with lender partnerships.

Placer.ai is a Los Altos-headquartered traffic analytics platform founded in 2016. It generates property-specific insights from location data for retail, commercial real estate, hospitality, and economic development professionals, revealing drivers of physical world performance.

CoStar Group is a leading provider of commercial real estate data and marketplace listing platforms. Its data offering contains in-depth analytical information on over 5 million commercial real estate properties related to various subsectors spanning office, retail, hotels, multifamily, healthcare, industrial, self-storage, and data centers. It operates many well-respected brands such as CoStar Suite, LoopNet, Apartments.com, BizBuySell, and Lands of America, with more than 80% of its revenue classified as subscription-based. The company recently expanded its presence into Canada, the United Kingdom, Spain, and France.

EverCommerce Inc provides tailored Software-as-a-Service solutions for service-based small- and medium-sized businesses (SMBs) in-home services, health services, and fitness & wellness. With a platform serving approximately 708,000 customers across three core verticals, including numerous micro-verticals, their solutions address diverse needs within these sectors. Revenue is mostly generated from the United States. Operating in a single segment, their vertically-tailored SaaS offerings cater to SMBs' specialized demands, enabling them to automate processes, generate business, and enhance customer loyalty. The majority of customers contribute modest revenue, with a small percentage contributing higher amounts.