Tenex

What Tenex does

Tenex is a Dubai-headquartered PropTech company that operates a cloud-based SaaS platform for real estate and hospitality operators across the Gulf Cooperation Council (GCC) region. The platform unifies property management, tenant experience, facility and asset management, real estate accounting, virtual reality off-plan visualization, and hotel guest experience into a single system, supported by native integrations with regional regulatory systems (ZATCA, Ejar) and major enterprise ERPs (SAP, Oracle, Microsoft Dynamics). The company serves property managers, landlords, hotels, real estate developers, and community associations, reporting trust from 500+ buildings and communities in the GCC.

The product is structured as a core Property Management module surrounded by specialized add-ons: a tenant-facing Real Estate Experience app, a Tenex Accounting module positioned as the first dedicated real estate accounting system in the GCC, a Maintenance and Asset Management module, a VR for Off-Plan simulator for pre-construction sales, and Guest Experience Pro for hotels (mobile check-in, room keys, concierge chat). Tenex monetizes via quote-based enterprise subscriptions on an annual billing cadence, with pricing tied to portfolio size and module selection. Distribution is primarily direct enterprise sales supported by content marketing (PropTech Pulse blog, industry reports), social channels, and event presence (notably Cityscape Global 2024).

Tenex operates from Dubai (headquarters) and Riyadh (regional office for Saudi Arabia), with an appointed Managing Director for UK & Ireland signaling early internationalization beyond the GCC. The company is privately held as Tenex Middle East FZ LLC, with confirmed funding limited to a $100,000 round in 2021 from 500 Global; a widely reported $250M Series B at a $1B+ valuation from third-party sources refers to a separate US-based cybersecurity entity of the same name and does not apply to this PropTech business.

Name

Tenex

Legal name

Tenex Middle East FZ LLC

Website

https://tenex.io

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Tenex is a Dubai-headquartered PropTech SaaS platform serving GCC property managers, landlords, hotels, and developers with unified modules for property management, tenant experience, accounting, facility management, VR off-plan sales, and hospitality guest experience.

Ownership category

akta.pro rank

Product category

Real Estate Property Management Software

NAICS

Computer Systems Design and Related Services (54151), Computer Systems Design Services (541512), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Online/Virtual Real Estate Auctions (Marketplace Platforms) (BPAJAEAJ)

akta.pro secondary industry

Industry/Vertical Cloud Platforms (e.g., Gov/Healthcare/Financial Cloud Regions) (HDABAAAL)

Keywords

• Property management software
• Tenant experience platform
• Real estate accounting
• Facility asset management
• Hospitality management software

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Platform Subscription: Subscription-based access to the Tenex platform for property management, real estate experience, maintenance, accounting, and hospitality solutions. Pricing likely tiered based on portfolio size and features.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core offering

Tenex provides an all-in-one cloud-based SaaS platform that integrates property management, tenant engagement, facility and asset management, real estate accounting, virtual reality off-plan sales tools, and hotel guest experience management. The platform serves residential, commercial, hospitality, community, and multi-use property portfolios across the GCC region, with localized Arabic and English support and integrations to regional compliance systems.

Product overview

Tenex is a comprehensive all-in-one PropTech platform for real estate and hospitality operations in the GCC region. The platform provides a unified system with core Property Management Solutions at its center, complemented by specialized modules including: Real Estate Experience (tenant engagement app), Tenex Accounting (financial management), Maintenance and Asset Management, VR for Off-Plan (virtual reality property visualization), and Guest Experience Pro (hospitality management). Together these products enable property managers, landlords, and hospitality operators to streamline operations, enhance tenant/guest experiences, automate compliance, and maximize ROI across residential, commercial, hospitality, and retail portfolios.

Differentiator

Problem solved

Functional benefit

Brands

• Guest Experience Pro: Tenex's hotel management solution designed to transform guest experience and streamline hotel operations with features including mobile room keys, booking systems, and real-time communication.
• Tenex Off-Plan Simulator

Products and services

• Property Management Solutions Comprehensive property management platform providing centralized tools for tenant and landlord management, lease contracts, online rent collection, inspection management, vendor management, staff mobile app, emergency alerts, e-signatures, churn management, and retention management for residential, commercial, hospitality, and multi-use properties.
• Tenex Real Estate Experience Tenant engagement and experience platform that streamlines communication, facilitates access to amenities and services, and fosters community. Features include work orders, online payments, amenities booking, visitor management, polls and surveys, events programming, directory, chat with management, access control, and personalized tenant experiences.
• Tenex Accounting Comprehensive financial management solution designed specifically for real estate professionals, property managers, and landlords. Streamlines invoicing, expenses, budgeting, cash flow management, VAT reporting, payables/receivables, and financial reporting including profit and loss and balance sheets.
• Tenex Maintenance and Asset Management Comprehensive platform for managing the lifecycle and performance of property assets. Includes asset tracking, barcode system, depreciation management, maintenance scheduling, work orders, vendor management, spare parts inventory, and analytics for facility and maintenance operations.
• Tenex Off-Plan Simulator (VR for Off-Plan) Virtual reality platform for exploring and customizing future property developments. Enables developers to showcase off-plan properties with interactive 3D visuals, virtual tours, real-time unit availability, and interior customization options including floor plans, finishes, and furniture placement.
• Guest Experience Pro All-in-one hotel management solution designed to transform guest experience and streamline hospitality operations. Features include mobile check-in, mobile room keys, real-time concierge chat, spa bookings, dining reservations, service reservations, destination guides, upselling opportunities, and data-driven guest analytics.

Quantifiable outcome

• AI-driven analytics can reduce operational costs by 15-20%
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability2 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• SAPcoreTechnology or IntegrationSeamless integration with SAP enterprise systems to automate compliance and unify business operations for real estate portfolios.
• OraclecoreTechnology or IntegrationIntegration with Oracle systems to enable comprehensive real estate management and financial operations synchronization.
• Microsoft DynamicscoreTechnology or IntegrationIntegration with Microsoft Dynamics for unified business operations and automated compliance across property management functions.
• ZATCAcoreTechnology or IntegrationIntegration with ZATCA (Zakat, Tax and Customs Authority) for tax compliance automation in Saudi Arabia, enabling seamless VAT reporting and regulatory compliance.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Market position

Weaknesses4 records

Competitive moat5 records

Customer concentration

• Xx.com/tenex_io
• Facebookfacebook.com/tenex.platform
• LinkedInlinkedin.com/company/toweron

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds1 record

Investors1 record

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 Tenex