Equiem
Equiem provides Equiem One, a cloud-based tenant experience and building operations platform for commercial real estate landlords and property managers. It serves 150+ enterprise customers including JLL, Brookfield, Blackstone, and Lendlease across 25+ countries, integrating engagement, operations, analytics, and hybrid work capabilities.
- Company typePrivate
- Founded2011
- HeadquartersMelbourne, Australia
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Equiem does
Equiem is a commercial real estate (CRE) technology company headquartered in Melbourne, Australia, providing Equiem One, a cloud-based tenant experience and building operations platform. Founded in 2011 by Lorenz Grollo and CEO Gabrielle McMillan, the company serves 150+ leading real estate organizations across 25+ countries, covering 800+ buildings, 145M+ square feet of real estate, and 300,000+ registered users, with stated 40% market share of the Australian commercial real estate segment. Customer logos span global institutional investors (Brookfield, Blackstone, M&G Real Estate, Ivanhoe Cambridge), REITs (GPT Group, Mapletree, Dexus, Mirvac), major property managers (JLL, Lendlease, Knight-Frank, Lincoln Property Company), and individual landmark estates (Canary Wharf Group, Babraham Research Campus, Commerz Real, TMG Partners). Strategic acquisitions include UK-based Vicinitee (2021, from British Land) and Poland-based spaceOS (2023), with the company operating regional offices in Melbourne, London, New York, and Warsaw.
The Equiem One platform unifies six modules — Engage (curated tenant content, events, amenity promotion), Ops (visitor, request, permit, and booking management), Flex (flexible workspace monetization), Data (portfolio-scale analytics and dashboards), Connect (out-of-the-box building system integrations and APIs), and Work (hybrid workplace scheduling) — delivered via native iOS and Android applications and a federated GraphQL API. The platform integrates with a broad building technology ecosystem including HID Global, Salto, Openpath, Paxton, Brivo, Genetec, Gallagher, Nedap, Kantech, Facilio, Aedifion, and Stripe for payments, and is deployed on AWS infrastructure managed via CDK/TypeScript. A white-label app layer enables landlords to publish branded experiences on top of Equiem's infrastructure, with mobile access credentials in Apple Wallet demonstrated in deployments such as British Land.
Equiem operates an enterprise SaaS business model with quote-based annual or multi-year contracts, supplemented by transaction-based revenue from amenity bookings, flex space memberships, and payment processing. The go-to-market is an enterprise field sales motion with regional sales leadership (Global Sales, Western EU) targeting CRE landlords, asset managers, and property managers, supported by active participation in major industry events (PropTech Connect, Expo Real, CRETech, UKREiiF). Per a Forbes profile as of August 2024, the company was on track for $10M in revenue in the current financial year, with US and UK markets representing 66% of core software revenue. The company is privately held, backed by the Grollo family, and has received strategic corporate investments from Lincoln Property Company (2021) and Hitachi (associated with the 2023 SpaceOS merger), with a 2025 AFR report indicating a capital partner search was nearing completion.
Equiem firmographics
Firmographics- Name
- Equiem
- Legal name
- Equiem Services Pty Ltd
- Website
- https://getequiem.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Equiem provides Equiem One, a cloud-based tenant experience and building operations platform for commercial real estate landlords and property managers. It serves 150+ enterprise customers including JLL, Brookfield, Blackstone, and Lendlease across 25+ countries, integrating engagement, operations, analytics, and hybrid work capabilities.
- Ownership category
- akta.pro rank
Equiem industry classification
Industry- Product category
- Commercial Real Estate Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Offices of Real Estate Agents and Brokers (5312)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Marketplace Enablement, Seller Tools & E-commerce Infrastructure (BPAMAGAK)
Keywords
Where Equiem is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices4 records
Markets served
Equiem business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Platform Subscription: Subscription-based SaaS model providing commercial real estate landlords and property managers access to the Equiem One platform with various modules (Engage, Ops, Flex, Data, Connect, Hybrid). Revenue generated through annual or multi-year contracts with enterprise clients.
- Flex Space Management & Monetization: Revenue generated from flexible space management including bookings, payments, memberships. Property managers can monetize amenities through paid booking features.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise SaaS subscription model |
| Transaction based/ take rate | Pay-as-you-go | Flexible workspace monetization |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels8 records
Equiem product offering
Product offeringCore offering
Equiem provides a cloud-based tenant experience platform (Equiem One) for commercial real estate landlords, property managers, and asset managers. The platform unifies tenant engagement, building operations, flexible space management, data analytics, integrations, and hybrid workplace tools into a single integrated solution sold as multi-year enterprise SaaS subscriptions.
Differentiator
Problem solved
Functional benefit
Brands
- Vicinitee: Digital property management platform used by landmark London buildings including The Gherkin and The Shard, acquired from British Land in 2021.
- spaceOS
- Equiem One
Products and services
- Equiem Engage Curated tenant experience module that delivers content, events, and building information to tenants while promoting building amenities, designed for commercial real estate landlords and property managers.
- Equiem Ops Property management module providing property teams with tools for visitor management, request management, permit management, and bookings to streamline operational workflows.
- Equiem Flex Flex space management and monetization module that enables property managers to manage flexible workspaces, process bookings, payments, and memberships to unlock new revenue streams.
- Equiem Data Portfolio-scale analytics module providing advanced data dashboards and reports to deliver property performance insights for asset managers and portfolio operators.
- Equiem Connect Integration and API platform providing out-of-the-box integrations with access control, building systems, and payment providers to power the digital ecosystem of buildings.
- Equiem Work (Hybrid) Hybrid workplace management module that empowers tenants to manage hybrid schedules and productivity, enabling organizations to harness productive hybrid workplace practices.
Quantifiable outcome
- 40% of Australian commercial real estate market captured
- +5 more outcomes
Companies that use Equiem
Customer profileNamed customers18 records
Segments8 records
Ideal customer profiles2 records
Equiem technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration13 records
AI capability6 records
Feature9 records
Equiem partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- spaceOS (Acquisition)coreAcquisition of European software company spaceOS in 2023 expanded Equiem's global footprint to over 25 countries and increased revenues by 20%. SpaceOS develops workplace management software.
- Vicinitee (Acquisition)coreAcquisition of Vicinitee's property management platform from British Land in 2021 enabled Equiem to bolster its operational capabilities. Vicinitee serves landmark London buildings including The Gherkin and The Shard.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
Equiem competitors and assessment
Company assessmentDirect peers
- essensys: essensys offers a connected workspace platform for flexible and traditional offices, providing comparable flex-space, access, and tenant-experience functionality targeting the same landlord segment as Equiem.
- OfficeRnD: OfficeRnD provides workspace and member-management software for flex offices and landlords, overlapping with Equiem Flex and Hybrid modules and often deployed alongside access-control integrations.
- Building Engines: Building Engines delivers a CRE operations platform for property teams, overlapping directly with Equiem Ops and Connect and increasingly with tenant-experience functionality acquired via its owner JLL.
- Lane: Lane is a tenant experience and workplace app for office buildings, competing with Equiem's Engage and Hybrid modules in the same commercial landlord market.
- HqO: HqO is a leading tenant experience platform for commercial real estate, offering an app-based experience layer for offices that competes head-on with Equiem Engage across the same landlord/occupier buyer base.
- Rise Buildings: Rise Buildings provides a tenant experience app and amenity-booking platform for commercial landlords, directly overlapping with Equiem's Engage, Flex, and Ops modules in the same CRE buyer segment.
Broad incumbents
- VTS: VTS is a major CRE leasing, asset management, and tenant experience platform serving institutional landlords, broader in scope than Equiem but increasingly overlapping on the tenant-experience side via VTS Rise.
- Yardi: Yardi is a dominant CRE software suite for property and asset management used by many of the same landlords as Equiem; its Yardi Elevate suite is a broad-competitor risk to Equiem's analytics and ops modules.
Emerging players
- SmartSpace Software: SmartSpace provides workplace management and space-utilization software for CRE and flex operators, overlapping with Equiem's workplace-experience and analytics capabilities in a more asset-tracking-focused way.
- KUBE: KUBE offers smart workspace management for offices including booking, visitor, and tenant experience features, competing with parts of Equiem Ops and Flex in mid-market and enterprise buildings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Equiem social profiles
Digital presenceEquiem financial estimates
Financial estimateRevenue estimate
Valuation estimate
Equiem leadership team
Management profileNumber of profiles
Profiles12 records
Equiem subsidiaries and ownership
Company hierarchySubsidiaries2 records
Equiem funding detail
Funding detailFunding overview
Funding rounds4 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Equiem M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Equiem
What does Equiem do?
Equiem provides a cloud-based tenant experience platform (Equiem One) for commercial real estate landlords, property managers, and asset managers. The platform unifies tenant engagement, building operations, flexible space management, data analytics, integrations, and hybrid workplace tools into a single integrated solution sold as multi-year enterprise SaaS subscriptions.
Is Equiem a public or private company?
Equiem is a private company. It is classified as venture growth investor backed and is currently operating.
When was Equiem founded?
Equiem was founded in 2011. It employs 51 to 100 people.
Where is Equiem based?
Equiem is headquartered in Melbourne, Australia, in the Oceania region.
How does Equiem make money?
Two revenue lines are on record. SaaS Platform Subscription is the primary driver. The others are flex Space Management & Monetization.
Who are Equiem's main competitors?
Direct peers on record are essensys, OfficeRnD, Building Engines, Lane, HqO and Rise Buildings. Broad incumbents are VTS and Yardi. Emerging players are SmartSpace Software and KUBE.
Does Equiem have an API?
Yes. Equiem's Connect solution provides out-of-the-box integrations and APIs to power the digital ecosystem. The platform offers API capabilities for integrating tools and tech stack. Equiem uses a federated GraphQL API for mobile applications. Developer documentation is at getequiem.com/equiemconnect.
What industry is Equiem in?
Equiem's product category is Commercial Real Estate Software. Its primary akta.pro industry code is BPAMAGAK, Marketplace Enablement, Seller Tools & E-commerce Infrastructure. Its NAICS code is 5182 and its SIC code is 7372.