Managed App
- Company typePrivate
- Founded2018
- HeadquartersNorth Sydney, Australia
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Managed App does
Managed App is a Sydney-based B2B SaaS company that operates a cloud-based property management platform branded "Managed," targeting property management agencies in Australia. The platform's defining architectural feature is a trust-free payment system that eliminates the need for agencies to hold client funds in traditional trust accounts, instead automating the full payment lifecycle between tenants, property owners, and tradespeople. Founded in 2018, the company employs between 11 and 50 staff and is led by founder and managing director Nicholas Bouris alongside co-founder Thom Richards, who leads product design.
The product spans rent collection from tenants, automated disbursements to property owners, and integrated payments to tradespeople performing maintenance work on managed properties. By removing the trust account layer, the platform claims to reduce administrative workloads by up to 40% and slash administrative costs by up to 90% for adopting agencies, while reducing fraud exposure and the cost of trust account auditing. The company is actively positioning the platform as compliance infrastructure ahead of Australia's Tranche 2 AML/CTF reforms taking effect 1 July 2026, which will materially raise the regulatory burden on agencies operating traditional trust accounts.
Managed App generates revenue through recurring subscription platform fees charged to property management agencies. Distribution is direct to agencies, supplemented by a strategic partnership with REA Group, which led a A$5.3 million investment round in May 2022 (alongside Momentum Media). The REA Group relationship provides potential integration with Australia's dominant real estate portal ecosystem. The company is privately held, operates exclusively in Australia, and has no disclosed follow-on funding round since the 2022 raise.
Managed App firmographics
Firmographics- Name
- Managed App
- Website
- https://managedapp.com.au
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Managed App industry classification
Industry- Product category
- Property Management Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Wallet Infrastructure (SDKs, Wallet-as-a-Service) (FSADACAD)
- akta.pro secondary industry
- Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service) (FSAMAEAI)
Keywords
Where Managed App is headquartered
LocationHeadquarters
- HQ city
- North Sydney
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
Managed App business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Platform Subscription: Managed App operates as a SaaS property management platform providing end-to-end payment services. Revenue is generated through platform fees charged to property management agencies for access to automated rent collection, owner disbursements, and tradie payment capabilities.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
Managed App product offering
Product offeringCore offering
Managed App provides a cloud-based property management platform, branded "Managed", that automates rent collection, owner disbursements, and tradie payments without requiring agencies to hold client funds in traditional trust accounts. The platform eliminates trust account administration, reduces fraud exposure and compliance risk, and positions agencies ahead of Australia's Tranche 2 AML/CTF reforms effective 1 July 2026.
Product overview
Managed App offers a single unified cloud-based property management platform called 'Managed' that provides end-to-end trust-free payment processing for the property management sector. The platform automates rent collection, owner disbursements, and tradie payments while eliminating the need for agencies to hold client funds in traditional trust accounts.
Differentiator
Problem solved
Functional benefit
Products and services
- Managed
Quantifiable outcome
- Reduces administrative workloads by up to 40%
- +1 more outcomes
Companies that use Managed App
Customer profileSegments4 records
Ideal customer profiles1 record
Managed App technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Managed App partnerships and signals
Strategic signalScale indicators3 records
Recent moves5 records
Expansion highlights5 records
Managed App competitors and assessment
Company assessmentBroad incumbents
- MRI Software: Large global provider of real estate and property management software serving commercial and residential portfolios. Operates broadly across the property lifecycle, with overlapping capabilities in payments and accounting that compete for larger enterprise agency contracts.
- AppFolio: US-listed provider of cloud property management software for residential and commercial operators, including online payment processing. Comparable SaaS model and payment-centric value proposition, though focused primarily on the US market.
- Yardi: Global property management software suite covering residential, commercial, and build-to-rent operators. Incumbent in adjacent markets with deep ERP and payment functionality; competes in the broader category rather than the Australian agency niche.
- Buildium: Cloud property management platform for residential portfolios with built-in rent collection and owner disbursements. Comparable SaaS delivery and payment automation features, oriented to smaller US-based landlords and management firms.
Direct peers
- PropertyMe: One of the leading cloud-based property management software platforms in Australia, serving residential and commercial agencies with tenant, owner, and maintenance workflows. Directly comparable customer base and product category, though PropertyMe's core focus is broader agency workflow automation rather than trust-free payments.
- Console: Australian property management SaaS used by real estate agencies for trust accounting, tenant management, and owner reporting. Competes head-to-head with Managed App for the same agency customers in Australia, particularly around trust account handling.
- Property Tree: Cloud property management platform serving Australian real estate agencies, including trust accounting and automated disbursements. Targets the same primary segment (agencies) with overlapping payment and compliance functionality.
- Re-Leased: Cloud-based commercial property management software with strong presence in Australia and New Zealand. Comparable in target market (property managers) and SaaS delivery model, with adjacent payment and trust accounting workflows.
- PayProp: Automated payment and trust accounting platform for property managers, originally South African and now operating in Australia and other markets. Closest direct competitor on the core trust-free / automated rent collection use case that defines Managed App's proposition.
Others
- Inspection Express: Australian property technology provider serving the real estate agency ecosystem with inspection and workflow tooling. Not a direct competitor on payments but operates in the same buyer environment and could be a partnership, integration, or future consolidation candidate.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key highlights5 records
Customer concentration
Managed App social profiles
Digital presenceManaged App financial estimates
Financial estimateRevenue estimate
Valuation estimate
Managed App leadership team
Management profileNumber of profiles
Profiles2 records
Managed App funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Managed App M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Managed App
What does Managed App do?
Managed App provides a cloud-based property management platform, branded "Managed", that automates rent collection, owner disbursements, and tradie payments without requiring agencies to hold client funds in traditional trust accounts. The platform eliminates trust account administration, reduces fraud exposure and compliance risk, and positions agencies ahead of Australia's Tranche 2 AML/CTF reforms effective 1 July 2026.
Is Managed App a public or private company?
Managed App is a private company. It is classified as venture growth investor backed and is currently operating.
When was Managed App founded?
Managed App was founded in 2018. It employs 11 to 50 people.
Where is Managed App based?
Managed App is headquartered in North Sydney, Australia, in the Oceania region.
How does Managed App make money?
One revenue line is on record: platform Subscription.
Who are Managed App's main competitors?
Broad incumbents on record are MRI Software, AppFolio, Yardi and Buildium. Direct peers are PropertyMe, Console, Property Tree, Re-Leased and PayProp. Inspection Express is listed as an others.
Does Managed App have an API?
No public API is recorded for Managed App.
What industry is Managed App in?
Managed App's product category is Property Management Software. Its primary akta.pro industry code is FSADACAD, Wallet Infrastructure (SDKs, Wallet-as-a-Service), with a secondary code of FSAMAEAI, Digital Wallet Infrastructure (Tokenization, Wallet-as-a-Service). Its NAICS code is 518 and its SIC code is 7370.