Urbanise

What Urbanise does

Urbanise.com Limited (ASX: UBN) is an Australia-headquartered, publicly listed vertical SaaS company that builds cloud-based strata management and facilities management software for property and FM operators globally. Founded in 2006 and listed on the ASX in September 2014, the company operates two core platforms: Urbanise Strata, which manages 600,000+ residential and commercial strata lots with automated levy/arrears management, bank reconciliations, meeting management (via StrataVote), document management, and a resident portal; and Urbanise FM, which manages 2.2 million assets across reactive/planned maintenance, work orders, workforce scheduling, compliance, and mobile field operations. The platforms are 100% cloud-based on AWS infrastructure, ISO 27001 certified, and integrated with banking partners Macquarie Bank and (forthcoming) National Australia Bank via DPIS, plus analytics, communications, and accounting systems.

The business generates revenue primarily through recurring SaaS subscriptions — per-lot pricing for Urbanise Strata and enterprise agreements for Urbanise FM — with multi-year contracts contributing to contracted annual recurring revenue of $13.2M and H1 FY2026 revenue of $7.272M AUD, up 15.3% year-over-year. Customer segments include strata management firms and facility management operators as primary buyers, plus secondary verticals such as early learning, aged care, NDIS/disability services, energy and resources (notably Sodexo's 26+ Australian remote camps), and commercial property (Colliers). Distribution is hybrid: direct enterprise sales targeting large operators, supplemented by self-serve demo funnels and local delivery/technical teams across APAC, UAE, Europe, and South Africa serving clients in 18 countries. Urbanise retains a net cash position of $12.5M with no material debt and targets operating cash flow breakeven by FY2027.

Name

Urbanise

Legal name

Urbanise.com Limited

Website

https://urbanise.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

51–100 employees

Short description

Urbanise is an Australia-listed vertical SaaS company providing cloud-based strata management (Urbanise Strata, 600,000+ lots) and facilities management (Urbanise FM, 2.2M assets) software to property operators across 18 countries.

Ownership category

akta.pro rank

Product category

Property Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming Services (7371), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Managed Application Platforms (App PaaS & Runtime Services) (HDABAAAD)

Keywords

• Strata management software
• Facility management software
• Cloud property management
• Owners corporation software
• Computer-aided facility management

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Subscription - Strata Management: Subscription-based recurring revenue from strata management software licensed on a per-lot basis. Management companies can pass costs onto customers or absorb fees into management charges. Volume discounts apply as business grows.
2. SaaS Subscription - Facility Management: Subscription-based recurring revenue from facility management software licensing, typically sold as enterprise agreements to large operators like Sodexo, Colliers, and Story House Early Learning.
3. Contracted ARR: Annual recurring revenue from multi-year contracts. Q2 2026 reported contracted ARR of $13.2 million with net ARR retention improving to 98.1% from 87% in prior period.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Urbanise develops and sells two cloud-based SaaS platforms: Urbanise Strata, which manages apartment buildings, strata commercial towers, and large housing communities (over 600,000 lots globally) with ledger accounting, levy/arrears automation, meeting management, and owner/resident portals; and Urbanise FM, which manages 2.2 million assets across commercial, education, aged care, and resource sectors with reactive/planned maintenance, asset management, workforce scheduling, and compliance tracking. The platforms are sold on subscription licenses (per-lot for Strata; enterprise agreements for FM) with AI-powered automation, integrated banking (Macquarie, NAB DPIS), and ISO 27001 certified AWS-hosted infrastructure.

Product overview

Urbanise is a cloud-based SaaS company offering two core platforms: Urbanise Strata (for strata/owners corporation management) and Urbanise FM (for facility management). Urbanise Strata manages over 600,000 lots across 18 countries with features including levies & arrears automation, admin automation, dashboards & reports, task management, meeting management (via StrataVote), and the Community portal for owners and residents. Urbanise FM manages 2.2 million assets with capabilities for reactive/planned maintenance, asset management, workforce scheduling, and field mobility. Both platforms share cloud infrastructure, integrate with banking partners (Macquarie Bank, NAB), analytics tools (Power BI), and offer mobile apps and customer portals.

Differentiator

Problem solved

Functional benefit

Brands

• Urbanise Strata: Cloud-based strata management software for apartment buildings, strata commercial towers, and large housing communities. Manages over 600,000 lots.
• Urbanise FM
• Community by Urbanise

Products and services

• Urbanise Strata Cloud-based strata management platform used by strata management firms and owners corporations to manage apartment buildings, strata commercial towers, and large housing communities. Features include ledger accounting, levy and arrears automation, invoicing, communication tools, procurement, task management, reporting, meeting management, document management, and budgeting. Manages over 600,000 lots across 18 countries.
• Urbanise FM Cloud-based facility management platform for managing distributed property portfolios. Supports reactive and planned maintenance, asset management, workforce job scheduling, field worker mobility applications, service agreements, compliance and performance management across trades and supplier bases. Manages 2.2 million assets across commercial, industrial, education, aged care, and resource sectors.

Quantifiable outcome

• 28% growth in lots under management for MelbOC after migration
• +7 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability5 records

Feature10 records

Partnerships

Nine partnerships are on record, tiered core and flagship.

• National Australia Bank (NAB)coreTechnology or Integration · 1 January 2026Strategic DPIS banking integration partnership with NAB for automated banking capabilities. Integration remains on track for completion in 2026, enabling real-time banking connections for strata management clients.
• Story House Early LearningcoreStrategic or Co-development Partner · 25 February 2025Urbanise FM platform deployment across Story House Early Learning's 62 services nationally, centralizing maintenance request management and tracking for early learning facilities.
• Colliers AustraliaflagshipStrategic or Co-development Partner · 20 September 2021End-to-end combined facilities management solution for Colliers Real Estate Management Services Australia. Urbanise platform enables management of facilities across Australian portfolio including reactive/planned maintenance, asset management, workforce scheduling, and compliance management.
• Macquarie BankcoreTechnology or IntegrationIntegrated banking connection with Macquarie Bank for automated bank reconciliations via SFTP/SWIFT MT940 messages. Enables automatic daily bank reconciliations reducing manual processing and errors.
• SodexoflagshipStrategic or Co-development PartnerStrategic FM partnership where Urbanise FM supports Sodexo's operations across 26+ remote camps in Australia. Includes integration with Sodexo's MyVillage resident app, rapid mobilization capabilities, and co-development of features that benefit all clients.
• Guardian Early LearningcoreStrategic or Co-development PartnerFacilities management partnership with Guardian Early Learning for multi-site early learning centre operations.
• SIBCAcoreStrategic or Co-development PartnerCAFM solution partnership with SIBCA (Middle East building technologies company) since mid-2022, streamlining reactive maintenance, work order management, and preventive maintenance across UAE, Saudi Arabia, Bahrain, Qatar, and India operations.
• Amazon Web Services (AWS)coreTechnology or IntegrationCloud infrastructure partnership with AWS for hosting Urbanise platforms. Data is hosted in AWS Data Centres providing scalable, secure cloud infrastructure.
• StrataVotecoreTechnology or IntegrationTechnology partnership powering the Urbanise Strata Meetings Module with automated agenda and minutes creation, electronic voting, and tally tools.

Scale indicators10 records

Recent moves7 records

Expansion highlights5 records

Emerging players

• AppFolio: AppFolio offers cloud property management software for residential and commercial portfolios. It is a broader horizontal player but its workflow automation and tenant portals compete with Urbanise Strata's value proposition in adjacent markets.
• Buildium: Buildium provides SaaS property management software focused on smaller residential portfolios. It competes more broadly in the property management SaaS category where Urbanise Strata operates with a more specialised strata/owners-corporation focus.

Broad incumbents

• RealPage: RealPage provides cloud-based property management software for residential and commercial portfolios. It is adjacent to Urbanise Strata with overlap in multi-tenant property workflows, though focused on the US rental housing market.
• ServiceNow Field Service Management: ServiceNow's FSM and workplace modules target facilities, maintenance, and field operations at large enterprises. It is an emerging threat to Urbanise FM in cross-sell opportunities within large accounts seeking a single vendor for ITSM and FM.
• MRI Software: MRI Software is a large global provider of real estate and property management software. It competes with Urbanise in the strata/owners corporation and FM segments with a broader portfolio spanning residential, commercial, and public sector property workflows.
• Yardi Systems: Yardi is a leading property technology vendor serving real estate owners, operators, and facility managers with cloud-based software. It overlaps with Urbanise in multi-site facility and property management but serves a much broader enterprise market.
• IBM Maximo: IBM Maximo is an enterprise asset management and FM platform widely used in large industrial, energy, and resources settings. Urbanise FM competes against it for asset-heavy multi-site deployments such as Sodexo's remote camps.

Direct peers

• iOFFICE: iOFFICE delivers workplace and facility management software with maintenance, asset, and space management capabilities. It directly competes with Urbanise FM for mid-market customers seeking cloud-native CAFM functionality.
• Strata Master (PropertyIQ/Domus): Strata Master is a leading Australian strata management software vendor and the incumbent that MelbOC and other Urbanise Strata customers have migrated from. It is the most direct competitive comparable in the Australian strata software market.
• Planon: Planon is a specialised CAFM/IWMS vendor serving corporate real estate and facility management customers globally. It is a direct competitor to Urbanise FM for mid-market and enterprise FM software deals with similar maintenance, asset, and workforce modules.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/urbanisepulse
• LinkedInlinkedin.com/company/urbanisepulse
• Xx.com/urbanisepulse

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Urbanise