ResMan

About ResMan

ResMan offers a software-as-a-service (SaaS) platform for the property management sector, catering to multifamily, affordable housing, and commercial real estate clients. The company generates revenue through its comprehensive suite of solutions designed to streamline property operations and enhance profitability.

The company's origins trace back to 1999, when a group of property owners and operators developed their own desktop application to manage their properties. Elizabeth Francisco, a co-founder and current President, was part of this initial team, bringing over 25 years of experience as an asset manager. This direct industry experience was foundational to the software's design. The platform was redeveloped as a cloud-based solution in 2007 and officially launched to the open market in 2012. Facing established competitors, ResMan secured its first round of funding in 2016 from Wasatch Venture Partners, followed by a significant $36 million Series B investment from Mainsail Partners in 2017. This capital infusion fueled the expansion of its product development, customer service, and sales teams. A key leadership milestone was the appointment of Paul Bridgewater as CEO in January 2019, bringing extensive experience in scaling technology companies from his previous roles at Sage Payment Solutions and TSYS. On August 27, 2021, ResMan was acquired by Inhabit IQ, a collective of property technology companies.

ResMan's platform provides end-to-end visibility into both front- and back-office operations. Key features include a full accounting suite with tools for budgeting, invoicing, and financial reporting. It offers robust solutions for marketing, lead management, and the entire leasing lifecycle, from online applications and tenant screening to lease signing. The platform also incorporates maintenance management, a resident portal for payments and communication, and specialized compliance tools for the affordable housing market. A central component is the 'BoardRoom,' a customizable dashboard that offers real-time visibility into key performance indicators across a portfolio. The business model relies on a highly integrated platform that also connects with over 100 third-party vendors, allowing clients to create a customized end-to-end solution.