TOPS Software, LLC

TOPS Software, LLC develops specialized software solutions for homeowners' associations (HOAs) and property management, enhancing community operations and communication efficiency. Founded in 1985, TOPS Software, LLC is based in Clearwater, US, and focuses on property management solutions. The company was founded by Jeff Hardy. In January 2018, American Discovery Partners invested an undisclosed amount in TOPS Software, marking a significant investment milestone for the firm.

TOPS Software specializes in HOA and property management software, providing a comprehensive suite of tools that streamline community management. Its core offerings include community accounting management, communication solutions, engagement platforms, and reporting functionalities. The software enables property managers to automate tasks, enhance operations, and improve communication between board members and residents, serving property management companies and self-managed homeowner associations primarily in the US. TOPS Software generates revenue through subscription-based models for its software services, particularly its primary product, TOPS Engage.

Clients, which include property management firms and homeowner associations, pay subscription fees based on the number of properties managed. The fee structure includes annual or monthly subscriptions that vary according to selected features and service levels, facilitating payment processing, work order management, and financial reporting. TOPS Software plans to enhance its product offerings by developing new software features and tools to better serve the community management sector. The company aims to expand its market presence beyond the US to include Canada and select European markets by 2025.

The investment from American Discovery Partners in January 2018 is expected to support these initiatives, allowing the firm to innovate and reach new clients effectively.