Inhabit
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Inhabit - overview
Established
2016
Location
Knoxville, TN, US
Primary Industry
Software
About
Inhabit is a property management software company that provides advanced solutions for residential and vacation property management, enhancing operational efficiency and communication for property managers and their tenants. Founded in 2016, Inhabit operates from Knoxville, US, offering property management software solutions. The founders, Dror Noi, Sachin Singh, Sean Pritchard, and Stacey Meeker, have a history in tech innovation. The company has completed 5 deals, with the most recent occurring on December 2, 2024.
Inhabit delivers a comprehensive suite of property management software solutions tailored to the residential and vacation property sectors. Their core offerings include property management and accounting software, customer relationship management (CRM) systems, utility billing solutions, and resident screening applications. These products are designed to streamline operations for property managers, enhance communication with residents, and boost overall efficiency in managing rental units. Inhabit’s solutions cater to a diverse client base that encompasses multifamily and single-family residential properties, vacation rentals, and commercial spaces, serving markets across the United States, Canada, and internationally.
By integrating advanced functionalities such as automated payment processing, compliance management, and digital marketing capabilities, Inhabit addresses critical pain points like revenue optimization, tenant communication, and regulatory compliance, ensuring robust support for its customers in an ever-evolving real estate landscape. Inhabit generates revenue through a subscription-based model, offering various software solutions and services to property management companies and real estate operators. Clients typically engage with Inhabit through contracts that encompass multiple software products, allowing for flexibility based on their specific needs and operational scale. Transaction structures involve direct sales to property management firms, with pricing plans varying based on the number of units managed and the specific solutions implemented.
Flagship products, such as their property management and accounting software, command a premium due to their comprehensive features designed to maximize operational efficiency. Additionally, partnerships with utility companies may provide ancillary revenue streams, creating a more integrated billing experience for end-users while ensuring compliance with local regulations. In December 2024, a consortium led by Blackstone, including Greater Sum Ventures, invested in Inhabit to strengthen its product offerings and deliver new technology solutions to property management companies. The funding will support the design and launch of new products aimed at expanding Inhabit’s presence in both domestic and international markets, with targeted efforts planned for geographical expansion across Canada and Europe by 2025.
Current Investors
Goldman Sachs Asset Management, Greater Sum Ventures, Providence Equity Partners
Primary Industry
Software
Sub Industries
Search Engines, Accounting/Finance Software, Analytics & Performance Software, Customer Relationship Management, Storage Management Software, Systems Management Software, Commercial Property, Real Estate Development & Operating Companies
Website
www.inhabit.com
Verticals
Cloud Computing, Real Estate Tech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Inhabit - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Inhabit | - | ||||||||
| Add-on | Completed | Lightmaker Property Manager (LMPM) Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | ResMan, LLC | - | ||||||||
| Growth | Completed | Inhabit | - | ||||||||
| Company Formation | Completed | Inhabit | - |
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