Property Matrix
Property Matrix is a bootstrapped, cloud-based property management SaaS company serving U.S. mid-sized residential and commercial property managers with configurable accounting, tenant, document, and payment workflows, integrated with TransUnion, Matterport, Ricoh360, and major listing platforms.
- Company typePrivate
- Founded2001
- HeadquartersCulver City, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Property Matrix does
Property Matrix is a cloud-based property management software company headquartered in Culver City, California, founded in 2001 and operating as a privately held, bootstrapped corporation. The company serves mid-sized residential and commercial property management firms ranging from small landlords to operators managing up to 20,000 units, with a customer base concentrated in the U.S. Its primary product, Property Matrix, is a unified SaaS platform built on React, Ruby on Rails, SQL, and Selenium that delivers accounting, tenant management, lease and document management with built-in e-signature and scanning, maintenance ticketing, communications, customizable reporting, workflow automation via trigger-condition actions, and integrated payment processing (ACH and credit cards). A secondary product, Digital Waybill, extends the portfolio into logistics/shipping document management, sold through the same direct sales team.
The platform differentiates on deep configurability — custom fields, a proprietary editable report designer, customizable rent and policy rules, and a full-featured mobile app mirroring desktop functionality — and integrates with TransUnion (credit screening), Matterport and Ricoh360 (360-degree video tours), and listing syndication to Zillow, Trulia, Apartments.com, and LiveLovely. The company recently added an AI-powered bill entry automation capability (announced June 2025) as its first disclosed AI feature.
Property Matrix monetizes via recurring SaaS subscriptions billed annually with automatic renewal, plus transactional payment processing fees, with tiered pricing not publicly disclosed. Go-to-market combines direct enterprise field sales led by Culver City-based Account Executives with a self-serve online demo booking motion. Distribution is U.S.-only, supported by organic content marketing, customer testimonials on Software Advice, Capterra, and TrustPilot, and case study-led selling. The company has no disclosed institutional funding, operates with 11-50 employees, and reports a 5.0 average customer review score across its installed base.
Property Matrix firmographics
Firmographics- Name
- Property Matrix
- Legal name
- Property Matrix (dba of a corporation)
- Website
- https://propertymatrix.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Property Matrix is a bootstrapped, cloud-based property management SaaS company serving U.S. mid-sized residential and commercial property managers with configurable accounting, tenant, document, and payment workflows, integrated with TransUnion, Matterport, Ricoh360, and major listing platforms.
- Ownership category
- akta.pro rank
Property Matrix industry classification
Industry- Product category
- Property Management Software
- NAICS
- Residential Property Managers (531311), Nonresidential Property Managers (531312)
- SIC
- Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Multifamily Apartment Property Management (BPAJAFAA)
- akta.pro secondary industry
- Residential Real Estate Asset Management (BPAJAMAA)
Keywords
Where Property Matrix is headquartered
LocationHeadquarters
- HQ city
- Culver City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Property Matrix business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Subscription Software Fees: SaaS subscription model with fees charged in advance for use of the service. Automatic renewal with billing to credit card. Subscription renews until cancellation is requested in writing. Fees vary with level of service selected.
- Payment Processing Fees: Credit card processing fees for accepting Visa and MasterCard payments. ACH transfers offered free of charge.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Subscription-based pricing with varying service levels |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Property Matrix product offering
Product offeringCore offering
Property Matrix provides cloud-based property management software for mid-sized to enterprise residential and commercial property management companies. The platform offers accounting, tenant management, maintenance requests, document management with e-signature and scanning, payment processing (ACH and credit card), tenant portals, mobile access, customizable reporting, and workflow automation. It scales from 200 to 20,000 units and serves as an integrated replacement for fragmented legacy systems.
Product overview
Property Matrix offers a single unified cloud-based property management software platform. The core product, Property Matrix, provides comprehensive property management capabilities including accounting, tenant screening, maintenance requests, document management, e-signatures, payment processing (ACH and credit cards), communications hub, reporting, and automated workflows. A related product, Digital Waybill, is also offered as part of the company's software portfolio. The platform is designed to scale from mid-range (200+ units) to enterprise-level (20,000+ units) property management operations.
Differentiator
Problem solved
Functional benefit
Products and services
- Property Matrix Cloud-based property management software for mid-sized to enterprise residential and commercial property management companies. Provides accounting with multi-company and multi-property book separation, tenant management, maintenance request tracking, customizable reporting, document management with built-in signing and scanning, communications hub, workflow automation via automatic actions, mobile app mirroring desktop functionality, tenant portal for online rent payment and maintenance requests, and integrated payment processing including ACH and credit card.
- Digital Waybill A second software product offered by Property Matrix alongside its core property management platform. Sold by the same Account Executive team, suggesting it supports operational and accounting-related workflows for property management or logistics-adjacent use cases.
Quantifiable outcome
- Automated 20+ daily and monthly manual processes
- +3 more outcomes
Companies that use Property Matrix
Customer profileNamed customers9 records
Segments5 records
Ideal customer profiles3 records
Property Matrix technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
AI capability2 records
Feature11 records
Property Matrix partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor and core.
- RealPageminorRealPage profiled Property Matrix as one of five top tenant screening software services for 2026 in their buyer's guide, highlighting features, pricing models, and suitability for different operator sizes.
- TransUnioncoreCredit reporting integration enabling retrieval of credit information for each rental applicant directly through Property Matrix application workflow.
Scale indicators6 records
Recent moves6 records
Expansion highlights5 records
Property Matrix competitors and assessment
Company assessmentBroad incumbents
- MRI Software: Global real estate software provider covering commercial, residential, and public sector with accounting, facilities, and asset management. Comparable to Property Matrix in real estate software category but at a much larger enterprise scale and broader portfolio.
- RealPage: Enterprise real estate software with deep multifamily, single-family, and commercial capabilities including screening, payments, and AI. Comparable to Property Matrix in space and tenant screening integration partnership, but serves much larger enterprise customers.
- AppFolio: Public, cloud-native property management software serving SMB through enterprise with accounting, AI features, and broad integrations. Comparable to Property Matrix in product category and cloud-native model but materially larger scale and broader feature set.
- Yardi: Enterprise-grade real estate software suite covering residential, commercial, and specialty asset classes. Comparable to Property Matrix in target end market (property management) but serves much larger enterprise customers with a broader portfolio.
Direct peers
- Entrata: Multifamily property management platform serving mid-market and enterprise apartment operators with leasing, accounting, and resident services. Comparable to Property Matrix in multifamily residential focus and similar feature set.
- Rent Manager: Mid-market property management software with strong accounting, portfolio, and tenant management features. Closely comparable to Property Matrix's mid-market focus (200-20,000 units), accounting depth, and customization approach for growing portfolios.
- RentRedi: Property management software tailored to small landlords with rent collection, tenant screening, and maintenance features. Comparable to Property Matrix in cloud SaaS delivery and SMB landlord focus but with a narrower feature set and smaller scale.
- Buildium: Cloud-based SaaS property management software serving small to mid-market landlords and property managers with accounting, tenant screening, and maintenance. Directly comparable to Property Matrix in business model (subscription SaaS), target customer (SMB to mid-market PMs), and core feature set.
- Hemlane: SMB property management platform combining software with local agent support for leasing, screening, and rent collection. Comparable to Property Matrix in SMB to mid-market landlord focus and core PM workflow coverage.
- TenantCloud: Cloud-based property management software aimed at SMB landlords and property managers with accounting, tenant screening, and online payments. Comparable to Property Matrix in cloud SaaS model and core PM features but skewed to smaller operators.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Property Matrix social profiles
Digital presenceProperty Matrix financial estimates
Financial estimateRevenue estimate
Valuation estimate
Property Matrix leadership team
Management profileNumber of profiles
Profiles1 record
Property Matrix subsidiaries and ownership
Company hierarchySubsidiaries1 record
Property Matrix funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Property Matrix 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 Property Matrix
What does Property Matrix do?
Property Matrix provides cloud-based property management software for mid-sized to enterprise residential and commercial property management companies. The platform offers accounting, tenant management, maintenance requests, document management with e-signature and scanning, payment processing (ACH and credit card), tenant portals, mobile access, customizable reporting, and workflow automation. It scales from 200 to 20,000 units and serves as an integrated replacement for fragmented legacy systems.
Is Property Matrix a public or private company?
Property Matrix is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Property Matrix founded?
Property Matrix was founded in 2001. It employs 11 to 50 people.
Where is Property Matrix based?
Property Matrix is headquartered in Culver City, United States, in the North America region.
How does Property Matrix make money?
Two revenue lines are on record. Subscription Software Fees are the primary driver. The others are payment Processing Fees.
Who are Property Matrix's main competitors?
Broad incumbents on record are MRI Software, RealPage, AppFolio and Yardi. Direct peers are Entrata, Rent Manager, RentRedi, Buildium, Hemlane and TenantCloud.
Does Property Matrix have an API?
No public API is recorded for Property Matrix.
What industry is Property Matrix in?
Property Matrix's product category is Property Management Software. Its primary akta.pro industry code is BPAJAFAA, Multifamily Apartment Property Management, with a secondary code of BPAJAMAA, Residential Real Estate Asset Management. Its NAICS code is 531311 and its SIC code is 6531.