What Kolmeo does

Kolmeo is an Australian cloud-based property management SaaS platform serving real estate agencies managing between 500 and 50,000+ properties across Australia and New Zealand. The company was originally established as Agentplus in 2005, operating for 15+ years before being rebuilt and rebranded as Kolmeo in 2020, with the name inspired by the Finnish word for triangle to symbolize balance between property managers, owners, and tenants. In 2024, Kolmeo was acquired by US-based Entrata to serve as its Asia-Pacific expansion vehicle; Kolmeo previously had been owned by Australian business figure Paul Little.

The platform is built on Microsoft Azure with PCI DSS compliance and operates as an integrated ecosystem comprising the core Kolmeo Platform for operations management, Kolmeo Plus for ancillary revenue services (energy, internet connections, tax depreciation, removalists), Kolmeo Payments for rent collection via direct debit, BPAY, and card networks, and My Kolmeo portals for tenants and owners. Kolmeo Labs houses the company's AI initiatives, including Kleo, an AI assistant that reduces email time by 40%, and Kolmeo Sentinel, an autonomous compliance monitoring tool that scans government legislation registries daily across all Australian states/territories and New Zealand to translate regulatory changes into actionable guidance. Since launch, Kolmeo has processed $3 billion in rental payments through its payments partner Zai Australia (formerly Assembly Payments).

Kolmeo generates revenue primarily through SaaS subscriptions to agencies, supplemented by marketplace commissions from Kolmeo Plus services. The company employs 51-100 staff, is headquartered in Melbourne, and is led by CEO Scott Bateman, who was named 2025 PropTech Leader of the Year. The customer base includes enterprise agencies such as Xceed Real Estate (5,600+ properties, sub-30-second call wait times, 4.5-star average across 2,000+ Google reviews) and mid-market boutique agencies like Cercle Property. Kolmeo pursues a hybrid go-to-market combining consultative direct sales for enterprise accounts with product-led growth through free tenant/owner portals and included AI tools.

Name

Kolmeo

Legal name

Kolmeo Pty Ltd

Website

https://kolmeo.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

51–100 employees

Short description

Kolmeo is an Australian cloud-based property management SaaS platform serving real estate agencies managing 500 to 50,000+ properties, offering integrated payments, AI-powered compliance monitoring, tenant/owner portals, and ancillary revenue services across Australia and New Zealand.

Ownership category

akta.pro rank

Headquarters

HQ city

Hawthorn

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Agency Software Subscriptions: Kolmeo operates primarily as a SaaS property management platform, charging agencies subscription fees for access to the platform. Agencies of various sizes subscribe to manage their portfolio of properties.
2. Kolmeo Plus Revenue Share: Kolmeo Plus generates subsidiary income for agencies through services like energy, internet connections for tenants, and tax depreciation for landlords. Agencies earn revenue from these ancillary services facilitated through the platform.
3. Transaction Fees (Historical): Prior fee structure included transaction fees: BPAY at $0.88 per transaction, Visa/Mastercard at 1.10% plus $0.33, with chargeback fees of $38.50 and international disbursement fees of $27.50. However, current policy states tenants are never charged to pay rent.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

Kolmeo provides a unified cloud-based property management SaaS platform built on Microsoft Azure for Australian real estate agencies. It streamlines operations, payments, compliance, and communications across property managers, owners, and tenants from a single login, supporting agencies managing 500 to 50,000+ properties across multiple offices and brands.

Product overview

Kolmeo is a unified cloud-based property management platform designed for Australian real estate agencies. The core Kolmeo Platform serves as the central system of record, integrating with add-on modules including Kolmeo Plus (revenue-generating ancillary services), Kolmeo Sentinel (AI-powered compliance monitoring), Kolmeo Payments (rent collection via multiple methods), and Kolmeo Labs (AI innovation program including Kleo assistant). Separate web-based portals serve tenants (My Kolmeo Tenant Portal) and property owners (My Kolmeo Owner Portal), while Kolmeo CustomerGauge provides integrated feedback measurement. The platform supports agencies managing 500 to 50,000+ properties across multiple offices and brands from a single login.

Differentiator

Problem solved

Functional benefit

Brands

• Kolmeo Sentinel: AI-powered compliance monitoring tool that tracks legislative changes across Australian jurisdictions and New Zealand in real time, translating them into actionable guidance for agencies.
• Kolmeo Plus
• Kolmeo Labs

Products and services

• Kolmeo Platform End-to-end cloud-based property management software for real estate agencies, property managers, tenants, and property owners. Provides unified platform for rent collection, workflow automation, task management, payments, tenant/owner portals, and communications across multiple offices and brands from a single login.
• Kolmeo Plus Revenue-generating add-on for agencies providing ancillary services including energy and internet connections for tenants, and tax depreciation services for landlords. Enables agencies to differentiate and offer additional value without extra work, generating subsidiary income through revenue share with Kolmeo.
• Kolmeo Sentinel AI-powered compliance intelligence tool that autonomously monitors rental legislation across all Australian states/territories and New Zealand. Scans government legislation registries, regulator websites, and parliamentary bill trackers daily, providing plain-language guidance with cited sources, jurisdiction-specific filters, and implementation checklists. Included at no additional cost for existing Kolmeo subscribers.
• Kolmeo Labs AI-focused innovation program under which Sentinel, Kleo AI assistant, and other AI-driven tools are developed and launched. Provides property managers with purpose-built AI tools to reduce email time by 40% and prompt next steps in workflows, included at no additional cost.
• Kolmeo Payments Payment processing functionality built on Zai payment gateway, enabling tenants to pay rent via direct debit, BPAY, debit now, and paycode. Funds flow directly from tenant to property owner/agency with no accumulation in trust account and no fees charged to tenants. PCI DSS compliant.

Quantifiable outcome

• 40% less time on email with AI intelligence tools
• +4 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability4 records

Feature8 records

Partnerships

Three partnerships are on record, tiered core and support.

• Zai Australia Pty LtdcoreTechnology or IntegrationZai Australia serves as Kolmeo's Payment Gateway Provider, handling all funds transfers between tenants, property owners, and agencies. Kolmeo's payment infrastructure is built on Zai's platform, with PCI DSS compliance. Previously known as Assembly Payments Platform Pty Ltd.
• Microsoft AzurecoreTechnology or IntegrationMicrosoft Azure's public cloud offering delivers Kolmeo's multi-factor authentication and other strong security features. PCI DSS compliance is maintained through Azure infrastructure.
• IntercomsupportTechnology or IntegrationKolmeo uses Intercom for customer support operations, powering their Help Centre with conversational AI and messaging capabilities.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• Rex Software: Australian real estate agency CRM and management platform serving sales, property management, and trust accounting. Comparable in vertical SaaS positioning for Australian agencies, though with broader sales-side emphasis.

Broad incumbents

• AppFolio: US-listed cloud property management SaaS for residential, commercial, and community associations. Comparable as a vertical SaaS incumbent with AI-augmented workflows, and a relevant competitive benchmark for Kolmeo's product strategy and pricing.
• Buildium: Property management SaaS for residential portfolio managers and small-to-mid agencies, owned by RealPage. Comparable in SaaS delivery model and SMB/mid-market focus, though primarily in the US rather than ANZ.
• Yardi: Global incumbent offering property management, accounting, and resident services for residential and commercial real estate. Represents the enterprise-scale incumbent that Entrata/Kolmeo may increasingly compete against as the platform expands internationally.
• MRI Software: Large global real estate software provider offering PMS, accounting, and analytics across residential and commercial. Now owns PayProp, making MRI a direct strategic competitor in the ANZ market and a broader incumbent in the category Kolmeo operates in.

Direct peers

• VaultRE: Australian real estate CRM and back-office platform for sales, property management, and trust accounting. Targets the same Australian agency customer base as Kolmeo and competes for the central system-of-record position.
• PropertyMe: Australia-based cloud property management SaaS for real estate agencies. Closest direct competitor to Kolmeo in the Australian mid-market, offering similar agency, owner, and tenant workflows at comparable subscription price points.
• PayProp (MRI Software): Australia-originated automated rental payment and trust accounting platform, now owned by MRI Software. Directly comparable on the rent collection and disbursement layer that underpins Kolmeo's payments and agency workflows.
• Re-Leased: Cloud commercial property management SaaS headquartered in New Zealand, serving agencies and landlords across ANZ. Comparable in SaaS delivery, agency customer base, and ANZ geographic focus, with overlap in workflow automation and tenant/owner portals.

Regional players

• Domain Group: Australian residential property platform combining listings, agent tools, and adjacent services. Adjacent rather than direct overlap, but reaches the same Australian agency buyer and influences procurement decisions in the local market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/kolmeohq
• Facebookfacebook.com/KolmeoHQ
• LinkedInlinkedin.com/company/kolmeo
• Instagraminstagram.com/kolmeohq

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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 Kolmeo