What Apsiyon does

Apsiyon is a cloud-based property management SaaS company headquartered in Istanbul, Turkey, founded in 2012 by three co-founders (Kudret Türk İmza as CEO, Erkan Doğan as CPO, and Meriç Akdamar as CTO). The company provides an end-to-end management platform for residential communities, shopping malls, and business centers, serving self-managing buildings, professional property management firms, real estate developers, and individual residents across seven countries: Turkey, Cyprus, Bulgaria, Hungary, Azerbaijan, Uzbekistan, and Georgia. Its platform covers CRM, financial and dues management, maintenance tracking, reservations, communication (email/SMS/WhatsApp), access control, and security, supported by an in-house R&D center that also produces proprietary hardware such as license plate recognition cameras, patrol monitoring systems, card and QR access devices, and automatic heat cost meters.

The product surface is organized around the core Apsiyon platform, the international Apsis sub-brand, the AVM Yönetimi shopping mall module, and complementary services including the ADA and ASYA AI assistants, mobile apps for managers and residents, a free website builder, a virtual telephone switchboard, POS devices, and an insurance offering (Apsiyon Sigorta). The company layers more than 25 named AI/ML features onto the platform spanning NLP, computer vision, predictive analytics, anomaly detection, and generative AI for content creation. Revenue is generated through tiered annual subscriptions (Blue, Black, Corporate packages, with per-unit pricing that decreases at scale for enterprise accounts), per-unit fees on the Apsis product (1€ per unit per month after a free trial), hardware sales, virtual switchboard subscriptions, and professional services through Apsiyon Akademi. GTM combines product-led self-serve onboarding for small buildings with a sales-led motion for corporate management firms and developer accounts.

Apsiyon is a privately held Turkish joint stock company (Anonim Şirketi) that has raised approximately $10M across four funding rounds, with Bek Ventures and Earlybird Digital East Fund as repeated institutional investors since 2016. The company reports 24,970 properties, 1.72M residential units, and 4.18M users on the platform, and holds six ISO certifications (9001, 27001, 10002, 18295, 27701, and TS ISO/IEC 15504 Level 2) alongside GDPR and KVKK compliance.

Name

Apsiyon

Legal name

Apsiyon Bilişim Sistemleri Sanayi ve Ticaret A.Ş.

Website

https://apsiyon.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

Apsiyon is a Turkish cloud-based property management SaaS platform serving residential communities, professional management firms, and developers across seven countries, with AI-powered assistants, proprietary hardware, and an academy for property manager training.

Ownership category

akta.pro rank

Product category

Property Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Customer Service/Support CRM & Contact Center Platforms (BPAFAFAK)

akta.pro secondary industries

Customer Service, Support & Contact Center CRM (HDAEAFAC), Marketing Automation & Campaign Management CRM (HDAEAFAB)

Keywords

• Property management software
• Residential community management
• SaaS property platform
• AI property assistant
• Smart building solutions

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations

Revenue model

1. Software Subscriptions: SaaS subscription model with tiered packages (Blue, Black, Corporate) for property management software. Pricing based on number of units or features included.
2. Per Unit Software Fee: Apsis product charged at 1€ per unit per month after free trial period.
3. Virtual Switchboard Service: Annual subscription for telephone switchboard system at 18,000 TL for 750 residential units.
4. Hardware Sales: Sale of hardware including access control systems, license plate recognition cameras, card readers, and meter reading devices developed in own R&D center.
5. Professional Services: Apsiyon Academy provides training, certification, and consulting services for property managers.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Apsiyon is a cloud-based SaaS property management platform that enables residential communities, shopping malls, and business centers to digitize their operations end-to-end. The platform covers CRM, financial management, communication, reservations, maintenance tracking, and security/access control from a single screen, complemented by AI-powered digital assistants (ADA and ASYA) and proprietary hardware solutions including access control systems, license plate recognition, meter reading, and patrol monitoring devices developed in its own R&D center.

Product overview

Apsiyon is Turkey's national property management SaaS platform and one of Europe's fastest-growing proptech companies, serving over 24,970 properties, 1.7 million residential units, and 4.2 million users across 7 countries (Turkey, Cyprus, Bulgaria, Hungary, Azerbaijan, Uzbekistan, Georgia) since its founding in 2012. The platform operates as a modular ecosystem built around the core Apsiyon platform, complemented by the sub-brand Apsiyon Apsis for international markets, AVM Yönetimi for shopping mall management, and specialized hardware/software add-ons including Geçiş Kontrol Sistemleri (Access Control — Card Pass, QR Pass, License Plate Recognition, Fast Pass), Sayaç (Automatic Meter Reading), and Tur Kontrol Sistemi (Patrol Monitoring). AI-powered digital assistants ADA and ASYA provide automation across knowledge retrieval, content generation, predictive analytics, and process management. Complementary services include mobile apps for both managers and residents, communication portals (email/SMS/WhatsApp), free website builder, virtual telephone switchboard, POS machines, and insurance products. The ecosystem is supported by Apsiyon Akademi for professional training and certification. The platform integrates with GoCardless and EasyPay for payments, and Bulutfon and Corvass for communications.

Differentiator

Problem solved

Functional benefit

Brands

• ADA: Digital Assistant - AI-powered chatbot for property management inquiries
• ASYA

Products and services

• Apsiyon (Core Platform) Turkey's national property management SaaS platform providing 360-degree services to managers of collective living spaces (apartments, residential sites, residences, shopping malls, business centers). Offers end-to-end management including CRM, financial management, communication, reservations, maintenance tracking, and security systems from a single screen.
• Apsiyon Apsis Comprehensive property management software designed for property managers and residents, featuring CRM, financial module, maintenance tracking, scheduler, communication tools, custom website builder, and resident mobile app. Offered in multiple languages for international markets. Priced at 1€ per unit per month after free trial.
• AVM Yönetimi (Shopping Mall Management) Specialized management software for shopping malls and commercial retail properties, enabling managers to handle mall-specific operations within the Apsiyon ecosystem. Used by enterprise customers such as Mall of İstanbul.
• Geçiş Kontrol Sistemleri (Access Control Systems) Suite of access control solutions including Card Pass System (magnetic/card-based access), QR Pass System (QR code-based entry), License Plate Recognition System (automatic vehicle identification at gates), and Fast Pass System (HGS automatic toll/parking access). Hardware developed in-house.
• Apsiyon Sayaç (Meter Reading & Billing) Automatic heat cost allocator and calorimeter system for remote and daily meter reading, enabling automated utility tracking and billing for residential communities.
• ADA (Dijital Asistan) AI-powered digital assistant for residential communities that answers resident and manager questions about their property. Used for content generation, announcement suggestions, and knowledge retrieval. Built on natural language processing and generative AI.
• ASYA (Apsiyon Site Yöneticisi Asistanı) AI assistant specifically designed for property and site managers (Yöneticiler). Supports predictive budgeting, work order management, and site administration tasks. Powered by Predictive Budgeting Algorithms and AI-driven management tools.
• Tur Kontrol Sistemi (Patrol Monitoring System) Tour control and patrol monitoring system for managing security, cleaning, and technical team field operations. Tracks employee rounds, ensures checkpoints are completed, and increases operational efficiency.
• Telefon Santral Sistemi (Virtual Telephone Switchboard) Cloud-based virtual phone switchboard with secure internal coding to protect resident phone numbers. Offers personalized greetings, automated debt inquiry, call recording, reporting, and up to 70% cost savings via partner Bulutfon. Priced from 18,000 TL annually for residential package.
• POS Machine (Aidat Tahsilat Cihazı) Mobile point-of-sale device for on-site dues collection, enabling credit card payments for maintenance fees directly at the property.
• Apsiyon Akademi (Academy) Educational platform offering professional training for property managers including site management courses, vocational qualification certificates, expert certification, instructor-led programs, consulting services, and sectoral content through YouTube channel, books, and blog posts.
• Apsiyon Sigorta (Insurance) Insurance products and services offered to Apsiyon users through partnership with insurance providers, providing coverage tailored to residential community needs.

Quantifiable outcome

• Aidat gecikmelerimiz azaldı (Payment delays decreased)
• +5 more outcomes

Named customers15 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability12 records

Feature27 records

Partnerships

One partnership is on record.

• MetropolCardminorGTM or Marketing PartnerMetropolCard partnership for the referral program where rewards are loaded onto MetropolCard gift cards for users who recommend new properties to join Apsiyon. Rewards range from 1,000 TL to 10,000 TL based on number of units in recommended property.

Scale indicators10 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Yardi Systems: US-based, privately-held dominant vendor of property management and ERP software for residential, commercial, and built-to-rent. Comparable as the closest all-in-one vertical SaaS incumbent in the same product category across multiple asset classes.
• MRI Software: Global provider of real estate software including property management, accounting and tenant engagement. Comparable as a broader incumbent with overlapping functionality in residential and commercial property workflows.
• RealPage: Comprehensive real estate software platform spanning multifamily, single-family, commercial and vacation rentals. Comparable as a broad incumbent with overlapping AI, payments and analytics capabilities now extending to Buildium's residential footprint.

Direct peers

• AppFolio: Public US-listed SaaS for residential and commercial property managers with mobile apps, payments, and AI features. Closest publicly traded comparable in unit-economics-driven vertical SaaS for property management.
• Buildium: Property management SaaS focused on residential portfolios and HOAs, now owned by RealPage. Directly comparable as a SaaS platform serving small-to-mid residential property managers with payments, accounting and resident portals.
• Entrata: Multifamily property management SaaS platform covering leasing, residents, payments, and AI-driven operations. Closely comparable in serving multi-property portfolios with end-to-end workflow automation.
• DoorLoop: Cloud-based property management SaaS for residential and commercial landlords with built-in payments, accounting and tenant portal. Comparable as a modern, product-led vertical SaaS in the same product category.
• ManageCasa: Property management SaaS for landlords and property managers with accounting, payments and tenant communication. Comparable as a smaller, vertically focused SaaS serving the same SMB property manager customer.
• Condo Control Central: SaaS for condominium, HOA and residential community management with amenity booking, security, communication and accounting modules. Highly comparable as a direct competitor in the residential community management niche Apsiyon dominates in Turkey.

Emerging players

• PayProp: Automated rental payment and property management platform from South Africa, expanding internationally in EMEA. Comparable as an emerging player extending SaaS + payments into multiple geographies with similar unit-economics focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/apsiyon
• YouTubeyoutube.com/c/Apsiyon
• Facebookfacebook.com/apsiyoncom
• LinkedInlinkedin.com/company/apsiyon
• Instagraminstagram.com/apsiyon

Compliance8 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds4 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Apsiyon