Yardi Named to the Prestigious 2024 Forbes Cloud 100 List

Recognised for the ninth consecutive year among top-tier private companies leading the way in cloud technology

SANTA BARBARA, Calif., August 7, 2024 – Yardi® has been named to the 2024 Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. Yardi was a member of the inaugural Cloud 100 in 2016 and was No. 36 this year.

Yardi Named to the Prestigious 2024 Forbes Cloud 100 List

“We’re honoured that Yardi continues to rank among the top private cloud companies worldwide,” said Joel Loewen, vice president of cloud services at Yardi. “Since the inaugural list, this inclusion has reflected the continual efforts of our employees to create innovative and impactful solutions for our customers. We take pride in being one of the oldest companies on this prestigious list as well as one of the few that has no external capital.”

For the ninth straight year, the Cloud 100 reviewed submissions from hundreds of cloud start-ups and private companies. The Cloud 100 evaluation process involved ranking companies across several factors, including: market leadership, operating metrics and people and culture.

“For nine years, the Forbes Cloud 100 list has recognised the leading private cloud companies in the world, from AI to work software, infrastructure to security,” said Alex Konrad, the Forbes editor of the Cloud 100. “This year’s list is the strongest group of standouts yet, with revenue, valuations and growth that will eventually make for historic IPO’s.”

“Across nine years of data, we have yet to see as competitive of a cohort as the 2024 Cloud 100. The list value reached $820 billion this year, the highest list value in Cloud 100 history,” said Mary D’Onofrio, partner at Bessemer Venture Partners.

The Forbes 2024 Cloud 100 is published online at forbes.com/cloud100 and will appear in the August/September 2024 issue of Forbes magazine.

About Yardi

Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

About Bessemer Venture Partners

Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has $18 billion of assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio).

About Forbes

Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 140 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 43 licensed local editions in 69 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements.

About Salesforce Ventures

Salesforce Ventures helps enterprising founders build companies that reinvent the way the world works. For over 15 years, we’ve invested in and partnered with more than 400 of the world’s most tenacious enterprise software companies from seed to IPO, including Airtable, Databricks, DocuSign, Guild Education, Hopin, monday.com, nCino, Snowflake, Snyk, Stripe, Tanium, and Zoom. Salesforce Ventures leverages our decades of expertise in the cloud and our long-term relationships with key decision-makers at thousands of businesses around the world to give our portfolio companies an advantage, help them build credibility, and accelerate growth. Salesforce Ventures has a $5BN portfolio of 300+ companies in more than 25 countries, and has offices worldwide, including in San Francisco, Irvine, New York, London, Tokyo and Sydney. Follow @SalesforceVC and learn more at http://www.salesforceventures.com.

HWBC Goes Live with Yardi’s Property Technology Platform

Irish commercial real estate specialist goes live with commercial proptech to enhance reporting

Dublin, IRELAND, July 25, 2024 – HWBC, an independent, Irish-owned and managed commercial property firm, implements Yardi® technology to enhance reporting and drive efficiencies with a single integrated solution. HWBC provides a full set of property advisory services for the Irish commercial real estate market.

Irish commercial real estate specialist, HWBC. goes live with commercial proptech to enhance reporting

Solutions from the Yardi® Commercial Suite have supported HWBC in automating many of its property management functions. In particular, the company has automated lease invoice generation and gained a deeper set of analytics to deliver advanced reporting for its clients. With Yardi, HWBC will unlock efficiencies and capitalise on economies of scale as its portfolio continues to grow.  

“We’re excited to work with Yardi and utilise a single solution with great reporting functionality to provide us and our international client base with better insights into the data we manage for them,” said David Balfe, Divisional Director & Property Management Financial Controller for HWBC. “With Yardi, we are confident that these tools will not only enhance our current service offerings but also better position us competitively to grow our business.”

“We look forward to supporting HWBC and their strategy of leveraging our unified, cloud platform for their asset and property management services,” said Neal Gemassmer, vice president and general manager for Yardi.

See how you can boost efficiency and enhance the commercial property lifecycle with a cloud based, end-to-end platform.

About HWBC

HWBC was founded in 2005 by a small group of Irish property professionals who wanted to create a firm that delivers a personalised and professional service where client service and long-term relationships are core values. For more information, visit hwbc.ie.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,200 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

ELREP Asset Management Selects Yardi Technology to Support Growth

UK-based industrial investment & asset manager to utilise award-winning property technology

LONDON, UK, July 17, 2024 – ELREP Asset Management, a specialist investment and asset manager of pan-European logistics real estate, has chosen Yardi® to drive operational efficiency utilising a single integrated solution. With a strategic plan to expand rapidly, the company aims to acquire and develop industrial assets across Europe, targeting a portfolio growth beyond five million square feet within the next two years.

ELREP Asset Management Selects Yardi Technology to Support Growth

To support this significant growth trajectory, ELREP has selected solutions from the Yardi® Commercial Suite. These solutions provide the company with a unified source of truth for its real estate portfolio, robust auditability, portfolio-wide visibility and advanced reporting functionality. With Yardi, ELREP can automate complex processes and enable full-service job costing and receivables data on all jobs, from capital expenditures and single-unit improvements to ground-up development.

“We’re excited to partner with Yardi as we embark on this phase of rapid growth,” said Victoria Rushworth, Partner at ELREP Asset Management. “Yardi’s integrated platform provides us with the tools needed to streamline and automate our operations as well as manage our portfolio effectively as we expand across Europe.”

“Our comprehensive suite of solutions are designed to support fast-growing companies like ELREP and help them with their digital strategy and goals for growth,” said Neal Gemassmer, vice president and general manager for Yardi. “We look forward to supporting ELREP’s success as the company expands its industrial asset portfolio across Europe.”

See how you can boost efficiency and enhance operations with an award-winning real estate platform.

About ELREP Asset Management
ELREP Asset Management is a specialist pan-European logistics investment advisor and asset manager, with a long-term track record of owning, managing and transacting logistics assets across Europe. For more information, visit elrepam.co.uk.

About Yardi
Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,200 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Yardi Wins Proptech & Innovation Award in the United Kingdom

Yardi’s end-to-end, cloud-based real estate software awarded at Variety’s 32nd PROPS Awards

LONDON, UK, July 4, 2024 – Yardi® is proud to announce that the company has won the Proptech and Innovation award at Variety, the Children’s Charity, PROPS Awards in June. This exciting category also shortlisted innovative proptech companies Built AI, Coyote, Demand Logic, Smart Spaces and VTS.

Yardi Wins Proptech & Innovation Award in the United Kingdom

The PROPS Awards brings together major players in the UK real estate industry, recognising and celebrating individuals and companies who have excelled in the sector, whilst raising vital funds for the children and young people that Variety support.

The award ceremony took place in London on June 27, 2024, with over 800 attendees and 15 award categories. The Proptech and Innovation Award recognises a proptech company that has innovation at the forefront of its business and is disrupting and improving the way residential and commercial property is developed and managed.

“We are deeply honoured to receive the Proptech and Innovation Award at the 32nd PROPS Awards. This recognition is a testament to our team’s dedication to pushing the boundaries of technology in real estate. We’re grateful to Variety for this prestigious accolade and for their incredible work supporting disabled and disadvantaged children across the UK. This award inspires us to continue innovating and making a positive impact in both the property industry and our communities. Thank you to everyone who has supported our journey,” said Neal Gemassmer, vice president and general manager for Yardi.

See how Yardi’s award-winning technology can help drive your digitalisation strategies.

About Variety
For 75 years, Variety, the Children’s Charity, has been transforming the lives of disabled and disadvantaged children in the UK. Since 1992, the PROPS Awards have raised over £11 million. These vital donations ensure Variety can continue to provide practical support to disabled and disadvantaged children through providing wheelchairs, specialist equipment, their fully accessible Sunshine Coaches to SEND schools and experiences on their Great Days Out. For more information, visit variety.org.uk.

About Yardi
Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,200 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

FI Real Estate Management Selects Yardi’s End-to-End Asset Management Platform

Lancashire-based commercial property manager to streamline property lifecycle with one solution

LONDON, UK, May 21, 2024 – FI Real Estate Management (FIREM), a specialist in commercial property and asset management, has selected Yardi® to enhance data consolidation and drive operational efficiency utilising a single integrated solution.

FI Real Estate Management Selects Yardi’s End-to-End Asset Management Platform

With products from the Yardi® Commercial Suite, FIREM will reduce costs, save time and remove manual processes. These solutions provide in-depth operational data and predictive insights with recommended actions to elevate asset performance. The end-to-end platform will also simplify complex financial processes, eliminate time-consuming spreadsheets and provide better visibility with detailed reporting.

“Over the last 18 months we have begun a digital transformation within the business to ensure that we are providing our teams with the best tools available for our future growth.

“We manage every step of the property lifecycle which means there are a lot of demands upon the people and the systems. We recognised there was a need for a solution that would consolidate everything into one system and would keep up with FIREM’s growth,” said Tim Knowles, Founder & Managing Director for FI Real Estate Management.

“Yardi’s connected platform will save us time, provide visibility of all accounts and help us be more efficient. We’re excited for this partnership as we can grow with Yardi and continue to deliver a better experience for our clients,” Knowles added.

“Our end-to-end asset, property and investment platform provides FI Real Estate Management with the tools to manage its growing portfolio,” said Neal Gemassmer, vice president and general manager for Yardi. “We’re looking forward to working with FIREM and helping the company optimise its property management.”

See how you can boost efficiency and enhance the commercial property lifecycle with a cloud based, end-to-end platform.

About FI Real Estate Management
Founded by Tim Knowles, FI Real Estate Management (FIREM) has over 40 years’ experience of providing workspace, asset and property management and creating development opportunities for its diverse investment portfolio, which includes industrial, office, retail and residential sectors. FIREM now manages assets totalling more than £6.8bn. For more information, visit fi-rem.com.

About Yardi
Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,200 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Allsop Letting & Management to Adopt Yardi’s End-to-End Residential Suite

Leading property manager to automate processes with a single connected platform for build to rent, multi family and single family housing.

United Kingdom, London, May 16, 2024 – Allsop Letting & Management, an award-winning property management company, has selected Yardi’s residential suite, which includes the innovative RentCafe® suite, to optimise marketing and leasing, improve operational efficiency and automate various processes. This platform will facilitate the management of their real estate portfolio and enable rapid expansion nationwide.

The Yardi® platform provides Allsop with the tools for crafting contemporary and engaging marketing websites aimed at boosting brand visibility, with tenant management functionality which includes e-signature and online payments.

Allsop Letting & Management to Adopt Yardi’s End-to-End Residential Suite

The cutting-edge platform offers a seamless customer journey, enabling residents to easily self-manage using a mobile app and portal while enhancing resident retention through improved communication. Through Yardi, Allsop will automate processes spanning rent collection, maintenance, and inspections, resulting in time savings, financial accounting and reporting, as well as driving efficiencies.

“We’re excited to work with Yardi and utilise an end-to-end platform to continue delivering exceptional services to our clients and residents,” said Matt Smith, CEO of Allsop Letting & Management. “By leveraging Yardi’s innovative technology we will enhance operational efficiency by reducing the number of software systems we are managing, optimise resident engagement and continue providing exceptional value to our clients and stakeholders, ultimately increasing profitability.”

“We’re delighted to work with Allsop and help them leverage our residential suite to drive success and growth,” said Justin Harley, Regional Director for Yardi. “Our solutions will allow Allsop to focus on enhancing customer experience, whilst lowering the total cost of ownership in a fully connected platform.”

See how Yardi’s BTR software can help you automate processes to scale faster through an end-to-end, cloud-based platform.

About Allsop Letting & Management
Allsop is an independent property consultancy with a people focused approach. In addition to our position as the UK’s largest and most successful property auction house, we offer an extensive range of services for residential, commercial and mixed-use property. The company is an award-winning property manager in the UK for build to rent, multi family, and single family homes. Allsop manage portfolios on behalf of some of the UK’s largest investors. For more information, visit allsop.co.uk.

About Yardi 
Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Base Investments Gains Reporting Efficiencies & Strengthens Client Relations with Yardi Software

Independent real estate investment company enhances internal property management operations with cloud-based asset and property management solution

Amsterdam, Netherlands, May 14, 2024 – Base Investments, an independent real estate investment company for international investors, goes live with Yardi® technology.

Base Investments Gains Reporting Efficiencies & Strengthens Client Relations with Yardi Software

With solutions from the Yardi® Commercial Suite, Base has improved communication, providing an elevated service to its clients. Yardi’s innovative platform delivers enhanced analytics that provides insight into asset/project performance with construction management capabilities. In addition, the software has further improved accounting processes by streamlining invoicing, purchase orders and rent roll in house. The software has also helped deliver faster reporting and removed the need for external parties.

“From previous experience, we know that if you want to grow, if you want to build a bigger platform and be efficient while providing quality services to your tenants, you need to do it yourself,” said Rodiaan Gijselaar, managing director for Base Investments. “With the integration of Yardi, we were able to have our property and asset management up and running in no time. By managing all our accounting, asset and property operations in one database, we gained a single source of truth and enhanced connections with our clients.”

“At Yardi, we are committed to providing forward-thinking solutions that enable our mid-market locally operating clients to drive efficiency, maximise investment returns and enhance customer satisfaction,” said Neal Gemassmer, vice president and general manager of international for Yardi. “We are excited to see the immediate benefits experienced by Base Investments as it streamlines processes with our solutions and look forward to witnessing its continued growth.”

See how Yardi can help you enhance your asset performance with our intuitive property management solution.

About Base Investments
Base Investments is an independent real estate investment company founded in 2020 and based in the Netherlands. It invests in real estate, achieves target returns and delivers on the Paris Proof promise. With its smarter, faster and better solutions, such as Physicus and UrbanLinx investment platforms, it can quickly convert buildings. The company helps clients achieve their financial and ESG goals. Its goal is to reduce CO2 emissions by 100 million kilograms by 2030. This equals 100,000 cars that are taken off the road. For more information, visit Baseinvestments.nl.

About Yardi
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With over 9,200 employees, Yardi is working with our clients globally to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Yardi Systems Comments on Proposed Plan to Support WeWork in Its Emergence From Bankruptcy

Yardi Has Made a Commitment to Provide DIP and Exit Financing Through Its Investing Arm for WeWork if Plan is Confirmed

Reinforces Support for the Coworking Sector and WeWork’s Future as a Successful Company

SANTA BARBARA, April 30, 2024 – Yardi Systems, Inc. (“Yardi”, “we” or “us”) today commented on the proposed plan of reorganisation for WeWork, Inc. (“WeWork” or the “Company”). Under the proposed plan – which is subject to approval by WeWork creditors – Yardi’s wholly owned subsidiary Cupar Grimmond, LLC (“Cupar Grimmond”) would become a majority shareholder of WeWork following the Company’s successful emergence from the Chapter 11 restructuring process. Existing significant investors and other creditors of WeWork would hold the remainder of the Company’s equity.

Yardi stated:

“As a leading global provider of software and software services for commercial and residential property owners, Yardi is committed to supporting the long-term success of WeWork and the coworking industry. We believe a hybrid workplace is the model of the future, and that we have the experience and innovative technology to help power this transition.

We initially formed a technology partnership with WeWork in 2022 with the launch of the WeWork Workplace app, which enables companies and employees to seamlessly work in traditional leased and owned office buildings, flex and coworking spaces, or their homes. Since then, we have been highly involved in scaling and developing this software and additional WeWork technology services. In 2023, we were approached to assist the Company by providing capital through our investment arm, Cupar Grimmond, as part of WeWork’s restructuring transaction. Following our participation, we have played a supportive role as a senior secured lender during the Chapter 11 process.

Yardi chose to invest in WeWork’s latest fundraise by providing debtor-in-possession (“DIP”) and exit financing because we believe the Company’s fundamental value proposition remains intact and that it can have a successful future. Under the plan, WeWork would emerge from bankruptcy with no debt, adequate working capital and positive free cash flow. We intend to help drive the revitalisation of WeWork in a manner that sustainably serves the best interests of its stakeholders – including the Company’s landlords. Importantly, post-bankruptcy WeWork would be operated as a separate entity managed at arms-length from Yardi’s core business.

We look forward to continuing to be a supporter of WeWork throughout the remainder of the bankruptcy process and to communicating further with the Company’s various constituencies at the appropriate time.”

About Yardi

Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,200 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Lister Buildings to Utilise Yardi’s End-to-End Real Estate Software

Dutch real estate lifecycle company to automate processes & gain better insights with connected platform

AMSTERDAM, NL, March 19, 2024 – Lister Buildings, a leading Dutch real estate lifecycle company, specialised in circular and biobased real restate, has selected Yardi’s asset, investment and property management software to help prepare for growth. The company focuses on developing, acquiring and managing high standard sustainable real estate in the Netherlands and Germany.

Lister Buildings to Utilise Yardi’s End-to-End Real Estate Software

With solutions from the Yardi® Commercial Suite and Yardi® Investment Suite, the company can centralise data and streamline management of its diverse portfolio. With in-depth data and predictive insights, Lister Buildings can improve asset performance by lowering costs, balancing risk and increasing revenue. The Yardi platform will also digitise investment accounting, automate reporting and mitigate risk with transparent debt management.

“Yardi will be a great asset for us to get better reporting and insights into our portfolio,” said Koen Broeders, CFO for Lister Buildings. “With the end-to-end platform, we can enhance communication across teams and remove the difficulties of disconnected systems to improve efficiency. It also enables us to automate the impact reports we create for our shareholders.”

“Our platform will help Lister Buildings gain transparency into its data and help mitigate risk with one source of truth,” said Neal Gemassmer, vice president and general manager of international for Yardi®. “We look forward to working with Lister Buildings and helping the company achieve its goals.”

See how Yardi’s end-to-end real estate technology can help you reduce costs, enhance efficiency and improve stakeholder communication.

About Lister Buildings

Lister Buildings is a Dutch life cycle company in real estate for families and HNWI. LB focuses on high standard sustainable real estate segments in order to create impact, but with a clear risk profile. In addition to initiating new funds, LB also acts as real estate developer, investment, asset manager of real estate portfolios in which it itself participates. For more information, visit listerbuildings.com.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Yardi to Join the UK SFA to Support the Single Family Rental Sector

Global real estate software provider to partner with UK Single Family Association

LONDON, UK, Feb 14, 2024 – Yardi®, an innovative asset, property and investment cloud software provider, to join the UK SFA (UK Single Family Association). The membership organisation for the single family rental sector across the UK.

Yardi to Join the UK SFA to Support the Single Family Rental Sector

“Single family” is growing rapidly within the UK. In 2023, over £1 billion was invested in single family within the first nine months of the year. The UK SFA has been formed to recognise the distinct benefits and challenges that investing and operating in single family rental (SFR) brings.

“The role of the UK SFA is to support all stakeholders to build more homes to rent. In turn, this will result in the delivery of more homes, of all tenures, for more people right across the UK,” said Richard Berridge, CEO for UK SFA. “We’re delighted to have Yardi Systems, a global leader in residential real estate software, join the UK SFA. We know this partnership will help us achieve our goals and be at the forefront of technological innovation.”

“Joining the UK SFA is an important initiative for us to further support the sector in the UK,” said Justin Harley, regional director for Yardi. “We work with a number of SFR operators today, including Placefirst and Leaf Living. The overall demand for housing in the UK remains very high and SFR is growing quickly throughout the country. We look forward to working with the UK SFA as we believe the single family rental sector will provide an important source of housing for the market.”

See how Yardi’s software can help you streamline your SFR operations through an end-to-end, cloud-based platform.

About UK SFA

The home of the UK single-family rental sector. The UK SFA has been formed to recognise the distinct benefits and challenges that investing in and operating single family rental (SFR) brings. For more information visit uksfa.org.

About Yardi 

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Yardi Announces Integration with Homeppl’s Resident Screening Platform in the UK

UK-based fraud prevention & financial qualification technology to enhance resident screening process

LONDON, UK, November 6, 2023 – Yardi® announces partnership with Homeppl, a leading UK-based resident screening platform. This new API will allow clients to screen prospects more effectively through the online leasing process in RentCafe®.

Yardi Announces Integration with Homeppl’s Resident Screening Platform in the UK

Homeppl’s fraud risk assessment technology is unique to the UK market and forensically examines every piece of information contained or hidden in everyday documents, such as bank statements, passports and bills. It puts each applicant through a series of 150+ validation and data enrichment checks to uncover any falsification of documents.

“Our technology builds a comprehensive risk profile of any applicant using our fraud prevention and financial assessment technology,” said Alexander Siedes, CEO & Founder for Homeppl. “We’re excited to partner with Yardi to help their clients screen prospective residents more effectively and improve the leasing experience.”

“We’re excited to offer this new functionality to our customers to further enhance the leasing process,” said Neal Gemassmer, vice president & general manager of international for Yardi. “This API will help automate the screening process and assess the financial risk of any applicant.”

See how you can enhance the resident experience with Yardi’s end-to-end BTR software.

About Homeppl

Homeppl helps operations and risk teams prevent application fraud, automate credit underwriting and approve more customers by adding instant fraud analysis and new affordability capabilities to their decision engine. For more information, visit homeppl.com.

About Yardi 

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Yardi Announces Virtuoso, A Human-Centred Approach to AI

The Virtuoso framework sets the stage for AI in real estate and across the Yardi ecosystem

LONDON, UK, Nov. 1, 2023 – Yardi® announces the release of Yardi® Virtuoso in the US, a multifaceted platform built to shape the future of artificial intelligence (AI) in real estate. Virtuoso delivers automation technology across a variety of applications to expedite workflows, increase efficiency and augment teams for improved performance and better net operating income.

Yardi Announces Virtuoso, A Human-Centred Approach to AI

Through more than 40 years in the industry, Yardi has adapted to changing technology and sees AI as another transformational shift for real estate owners and operators. Virtuoso uses machine learning, generative AI, natural language and large language models to automate human tasks without sacrificing the customer experience.

The Virtuoso framework and foundational enhancements will enable users to leverage AI as they interact with the Yardi product stack, starting with sophisticated chatbots, smarter invoicing, automated lease abstraction and a Virtuoso assistant to help users with day-to-day tasks.

“Yardi is excited to announce the upcoming release of Virtuoso,” said Akshai Rao, president of residential at Yardi. “The AI platform automates repetitive workflows and routine tasks to help our clients reach new levels of efficiency. We look forward to seeing the positive impact it has through 2024 and beyond.”

In developing Virtuoso, Yardi has prioritised data governance, security and integrity of the highest standard. The AI framework is built with strict protocols to ensure optimal protection of client data.

“Virtuoso is a foundational platform that we will continue to evolve,” said Rob Teel, president of global solutions at Yardi. “The embrace of AI with a focus on security and usability demonstrates our drive to remain an industry leader and ultimately, to better serve our clients.”

“We recently announced Voyager 8 at YASC Europe and the rollout to European clients in late 2024,” said Neal Gemassmer, vice president and general manager of international for Yardi. “We’re excited to see the progression of our innovative technology at Yardi and look forward to providing an enhanced experience for our clients in the future.”

Yardi also recently announced the release of Yardi Voyager® 8, the next generation of the technology leader’s flagship property management solution. Built for AI using the Virtuoso infrastructure, Voyager 8 promises a continual opportunity for clients to achieve heightened efficiency and smoother operations. The evolved platform offers a new user experience and intuitive interface for core accounting features including financials, billing and payables.

Learn more about Virtuoso and the future of AI for real estate professionals at yardivirtuoso.com.

About Yardi

Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. With 9,000 employees, Yardi is working with clients globally to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Sandyford Properties Selects Yardi Cloud Property Management Platform

Industrial real estate company to gain unified, cloud-based property management solution

London, UK, September 19, 2023 – Sandyford Properties, a UK multi-let industrial property company, has selected solutions from the Yardi® Commercial Suite to gain a single platform for property management and accounting.

Sandyford Properties Selects Yardi Cloud Property Management Platform

With Yardi’s solutions, Sandyford Properties can analyse its data more efficiently and enable better cashflow and expense forecasting, including CAPEX and OPEX, from one end-to-end solution. The easy-to-use platform provides a centralised location for the company to manage its entire business lifecycle including operational, construction, financial, leasing and maintenance activities.

“We wanted a single property and accounting system with expanded capabilities that would help save us time with our daily processes,” said Paul Brindley, managing director of Sandyford Properties. “Yardi’s solution provides us with a clear view of our portfolio so we can easily analyse data, communicate more efficiently with tenants and forecast faster and more accurately.”

“Yardi’s Commercial Suite will help Sandyford Properties consolidate its data and provide real-time insights into its portfolio,” said Neal Gemassmer, vice president of international for Yardi®. “Our innovative technology automates the complexities in property management. We look forward to working with Sandyford Properties and are excited to their continued growth in the market.”

See how you can improve your data analysis with Yardi’s single cloud based solution.

About Sandyford Properties

Sandyford Properties is a multi-let property company with a focus on Staffordshire and Cheshire. Established in 1947 in Stoke-on-Trent, where it is the largest industrial property owner, Sandyford is now in third-generation family ownership, headed by managing director, Paul Brindley. Its chairman is David Carter, who was a founding partner of Caisson Investment Management. Having grown rapidly over the past five years, it currently manages 1.5 million sq ft of primarily industrial space and is seeking to double its portfolio in the Midlands and North West over the next five years. For more information, visit sandyfordproperties.co.uk.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

ila Selects Unified Yardi Solution to Enhance Build to Rent Operations

UK-based real estate operator prepares for growth with a cloud-based property management platform

LONDON, UK, August 23, 2023 – ila, (I Live Around), one of the fastest-growing build to rent (BTR) operators, has chosen Yardi’s residential suite to help drive its new BTR community with a branded marketing website and mobile app to streamline leasing, automate processes and eliminate inefficiencies.

ila (i live around) selects Yardi's residential suite

Yardi’s property management and accounting platform will help ila streamline BTR processes, win back time and enhance customer service through a branded mobile app, powered through RentCafe®. With improved operational tools, the company can tackle move-ins more efficiently, ease pressure on staff regarding application periods and lease-up properties faster. The solution will also help to simplify maintenance and inspection procedures, automate payment processes, as well as unify financial accounting and reporting.

“After assessing several providers, we found that Yardi stood out as the most suitable option, offering everything we required,” said Steven McCarthy, managing director for ila. “The end-to-end platform will help us showcase our properties, save time on manual tasks and allow us to focus on our residents and providing a great tenant experience.”

“We’re delighted to work with ila and help with its growth plan within the UK build to rent market,” said Justin Harley, regional director for Yardi®. “Our technology is designed for real estate and will help ila streamline operations and provide scalability for the company as it continues to grow within the UK.”

See how Yardi’s real estate technology can help you streamline your BTR operations through an end-to-end, cloud-based platform.

About ila

ila (I Live Around) is part of Ridgeback Group, a UK focused fully integrated real estate investor, developer and operator with a build to rent residential portfolio of over 4,000 homes. It celebrates all that’s great and good about rental living, offering flexible plans that grow with its residents (and their families). ila is delivering communities in Birmingham, Cardiff, Leeds, Liverpool, London, Manchester, Salford and Sheffield. For more information, please visit ilivearound.com.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

Yardi Named Again to the Prestigious Forbes Cloud 100 List

Recognised for the eighth consecutive year among top-tier private companies leading the way in cloud technology

SANTA BARBARA, Calif., August 14, 2023 – Yardi® has been named to the 2023 Forbes Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. Yardi was a member of the inaugural Cloud 100 in 2016 and is the only company focused on the real estate vertical this year.

Yardi Named Again to the Prestigious Forbes Cloud 100 List

“We’re honoured that Forbes continues to recognise Yardi for our cloud technology and services,” said Jay Shobe, senior vice president of cloud services at Yardi. “Since the inaugural list, this inclusion has reflected the continual efforts of our employees and the unfailing support of our clients worldwide.”

The Cloud 100 again reviewed submissions from hundreds of cloud startups and private companies. The Cloud 100 evaluation process involved ranking companies across four factors: market leadership (35%), estimated valuation (30%), operating metrics (20%), and people and culture (15%).

“The companies of the Cloud 100 list represent the best and brightest companies in this crucial tech sector,” said Kenrick Cai, Forbes editor of the Cloud 100. “This year’s companies had to react rapidly to AI’s sweeping impact while contending with a market pullback. Their resilience puts them in elite company.”

“This year’s Cloud 100 list is one of the most dynamic in history. While the industry faced macro headwinds, the 2023 Cloud 100 winners displayed the innovation and resilience of the cloud economy and the combination of growth and efficiency that prove the power of the cloud business model. 95 percent of the honourees are forecasted to reach Centaur status — $100 million of annual recurring revenue — by the end of the year,” said Mary D’Onofrio, partner at Bessemer Venture Partners. “It is further exciting to see so many honourees at the forefront of the AI revolution, which we believe will continue to transform the cloud and propel the next wave of growth for many of this year’s winners.”

“The past year our industry has seen a generational step forward in innovation and with AI leading the charge, we are witnessing one of the most important platform shifts in decades,” said Paul Drews, managing partner, Salesforce Ventures. “The Cloud 100 list represents the best of the best and we’ve never been more excited about what the future holds, not only for the cloud but for the entire technology industry. We are proud of what these founders and their communities have already accomplished and look forward to seeing how they continue to transform the industry in the future.”

The Forbes 2023 Cloud 100 is published online at forbes.com/cloud100 and will appear in the August/September 2023 issue of Forbes magazine.

About Yardi

Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,000 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.co.uk.

About Bessemer Venture Partners
Bessemer Venture Partners helps entrepreneurs lay strong foundations to build and forge long-standing companies. With more than 145 IPOs and 300 portfolio companies in the enterprise, consumer and healthcare spaces, Bessemer supports founders and CEOs from their early days through every stage of growth. Bessemer’s global portfolio has included Pinterest, Shopify, Twilio, Yelp, LinkedIn, PagerDuty, DocuSign, Wix, Fiverr, and Toast and has $20 billion of assets under management. Bessemer has teams of investors and partners located in Tel Aviv, Silicon Valley, San Francisco, New York, London, Hong Kong, Boston, and Bangalore. Born from innovations in steel more than a century ago, Bessemer’s storied history has afforded its partners the opportunity to celebrate and scrutinize its best investment decisions (see Memos) and also learn from its mistakes (see Anti-Portfolio).

About Forbes
Forbes champions success by celebrating those who have made it, and those who aspire to make it. Forbes convenes and curates the most influential leaders and entrepreneurs who are driving change, transforming business and making a significant impact on the world. The Forbes brand today reaches more than 140 million people worldwide through its trusted journalism, signature LIVE and Forbes Virtual events, custom marketing programs and 45 licensed local editions in 76 countries. Forbes Media’s brand extensions include real estate, education and financial services license agreements.

About Salesforce Ventures
Salesforce Ventures helps enterprising founders build companies that reinvent the way the world works. Since 2009, we’ve invested in and partnered with more than 400 of the world’s most tenacious enterprise software companies from seed to IPO, including Anthropic, Cohere, Airtable, Databricks, DocuSign, Guild Education, monday.com, nCino, Snowflake, Snyk, Stripe, Tanium, and Zoom. Salesforce Ventures leverages our decades of expertise in the cloud and our long-term relationships with key decision-makers at thousands of businesses around the world to give our portfolio companies an advantage, help them build credibility, and accelerate growth. Salesforce Ventures has invested in more than 25 countries with offices all over the world including in San Francisco, Irvine, New York, London, and Tokyo. Follow @SalesforceVC and learn more at http://www.salesforceventures.com.