If you have ever rented a home, you probably filled in an online application, waited while you were checked, and then paid rent through a website. Behind the scenes, that work may run on AppFolio's software. The company sells a cloud platform (software used over the internet) to companies that manage apartment buildings, single family homes, student housing and community associations. AppFolio earns some money from the software itself and much more from the everyday transactions that pass through it.
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