Tenmast Software
- Company typePrivate
- Founded1975
- HeadquartersLexington, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
Tenmast Software firmographics
Firmographics- Name
- Tenmast Software
- Legal name
- MRI Software LLC
- Website
- https://tenmast.com
- Company type
- Private
- Founded year
- 1975
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Tenmast Software industry classification
Industry- Product category
- Affordable Housing Compliance Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Administration of Housing Programs (925110)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD)
- akta.pro secondary industry
- Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA)
Keywords
Where Tenmast Software is headquartered
LocationHeadquarters
- HQ city
- Lexington
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Tenmast Software business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Software Subscriptions: Subscription-based software licensing for affordable housing compliance, voucher management, and property management solutions
- Professional Services: Training, health checks, and recurring professional services including fee accounting, asset management, and data management
- Managed Services: Managed services including property accounting, lease administration, data management, and asset management
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise pricing with custom quotes |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Tenmast Software product offering
Product offeringCore offering
Tenmast Software provides public housing authority (PHA) and private affordable housing management software. Its platform automates compliance reporting for HUD Multi-Family, Tax Credit, HOME, and USDA Rural Development programs, manages the full voucher lifecycle including TRACS submissions, centralizes waitlist administration, and supports mixed-portfolio property management for housing authorities and affordable housing operators.
Product overview
MRI Software offers a comprehensive real estate management platform with multiple integrated products and modules. The core offerings include Property Management X (a unified property and financial management solution) and Affordable Housing Software (compliance, voucher, and waitlist management). The portfolio includes complementary modules such as Public Housing Software, Callmax (resident communications), Resident Screening (AI-powered background checks), MRI Agora Intelligence (AI-powered analytics), and Energy Management. Applicant and Resident Portals provide self-service capabilities. The platform serves diverse portfolio mixes including HUD Multi-Family, Tax Credit, HOME, and USDA Rural Development housing.
Differentiator
Problem solved
Functional benefit
Brands
- MRI Affordable Housing: Compliance and voucher management solutions for public housing and affordable housing properties
- MRI Property Management X
- MRI Agora
- myMRI
Products and services
- Affordable Housing Software Compliance and voucher management solution that automates reporting, centralizes mixed-portfolio management, and maintains compliance with HUD regulations including HUD Multi-Family, Tax Credit, HOME, USDA Rural Development, and other subsidy types for affordable housing owners and operators.
- Public Housing Software Software that simplifies compliance, reporting, voucher management, and waitlist tracking for public housing authority operations.
- Property Management X Unified property management and financials platform that combines operational and financial data for residential and commercial real estate portfolios.
- Resident Screening AI-powered, human-supported screening solution that researches and validates background check results to support fair and accurate applicant screening.
- MRI Agora Intelligence AI-powered analytics platform providing a unified view of portfolio data to support better real estate decision-making.
- Energy Management Software Software that reduces energy costs and supports compliance with energy goals across housing properties.
- Callmax Resident communications tool that sends announcements via text, email, or phone for recertification reminders, appointment follow-ups, property updates, and community events.
- Professional Services Training, health checks, and recurring professional services that support implementation, configuration, and ongoing operation of the affordable housing software platform.
- Managed Services Outsourced managed services covering property accounting, lease administration, data management, and asset management for affordable housing portfolios.
Quantifiable outcome
- 500+ affordable housing owners/operators use MRI Software solutions
- +2 more outcomes
Companies that use Tenmast Software
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Tenmast Software technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Tenmast Software partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- RentPaymentcoreSubsidiary company offering resident payment solutions integrated into the MRI housing ecosystem
- CheckpointIDcoreSubsidiary company providing ID verification solutions integrated with MRI property management
- MRI IntermodalcoreSubsidiary company providing intermodal transportation software solutions under MRI umbrella
Scale indicators8 records
Recent moves5 records
Expansion highlights4 records
Tenmast Software competitors and assessment
Company assessmentBroad incumbents
- AppFolio:
- RealPage: RealPage provides OneSite Affordable and other affordable housing compliance tools to PHAs and multifamily owners, competing with Tenmast on HUD reporting and voucher workflows within a much broader real estate software portfolio.
- Yardi Systems: Yardi's affordable housing module and Yardi Voyager serve PHAs and LIHTC owners with compliance, rent calculations, and TRACS submissions — a broad incumbent covering the same regulatory workflows as Tenmast.
- MRI Software: MRI offers an Affordable Housing suite spanning compliance, voucher management, waitlist, and resident screening — directly overlapping Tenmast's product set, with significantly broader scale and an integrated property management platform.
Emerging players
- ResMan: ResMan offers cloud property management with affordable housing compliance features, appealing to mid-market multifamily and LIHTC operators — overlapping with Tenmast's affordable housing segment but from a modern, cloud-native angle.
Direct peers
- Emphasys Software: Emphasys provides PHA-focused software (Emphasys Elite) covering public housing, Section 8 HCV, and HUD compliance — directly competing with Tenmast in the same niche buyer set with similar functionality.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Tenmast Software social profiles
Digital presenceTenmast Software financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tenmast Software leadership team
Management profileNumber of profiles
Tenmast Software funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tenmast Software 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 Tenmast Software
What does Tenmast Software do?
Tenmast Software provides public housing authority (PHA) and private affordable housing management software. Its platform automates compliance reporting for HUD Multi-Family, Tax Credit, HOME, and USDA Rural Development programs, manages the full voucher lifecycle including TRACS submissions, centralizes waitlist administration, and supports mixed-portfolio property management for housing authorities and affordable housing operators.
Is Tenmast Software a public or private company?
Tenmast Software is a private company. It is classified as unknown and is currently operating.
When was Tenmast Software founded?
Tenmast Software was founded in 1975. It employs 51 to 100 people.
Where is Tenmast Software based?
Tenmast Software is headquartered in Lexington, United States, in the North America region.
How does Tenmast Software make money?
Three revenue lines are on record. Software Subscriptions are the primary driver. The others are professional Services and managed Services.
Who are Tenmast Software's main competitors?
Broad incumbents on record are AppFolio, RealPage, Yardi Systems and MRI Software. ResMan is listed as an emerging player. Emphasys Software is listed as a direct peer.
Does Tenmast Software have an API?
No public API is recorded for Tenmast Software.
What industry is Tenmast Software in?
Tenmast Software's product category is Affordable Housing Compliance Software. Its primary akta.pro industry code is BPAJAFAD, Affordable & Subsidized Housing Property Management (LIHTC, Section 8), with a secondary code of BPAIANAA, Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing). Its NAICS code is 518 and its SIC code is 7372.