Entrata is a Lehi, Utah–based property management technology company transforming how multifamily and commercial properties operate. Founded in 2003, Entrata offers a unified SaaS-driven platform that integrates leasing, accounting, marketing, payments, and resident management into a single dashboard. Its cloud-based ecosystem enables property managers to streamline operations, enhance resident experiences, and optimize financial performance. With robust enterprise integrations and continuous innovation, Entrata has become a trusted technology partner for property owners and managers across the United States, driving efficiency and scalability in modern real estate management.
What Is Entrata and What Does It Do?
Entrata, founded in 2003 by [founders not publicly listed], is a Lehi, Utah (United States)-based property management technology company.
Entrata provides a comprehensive SaaS-driven Platform as a Service (PaaS) for large property managers, offering single-login access to websites, mobile apps, payments, lease signing, accounting, marketing, reporting, and resident management tools.
Entrata employs between 1,000 to 1,500 people. Its platform enables property managers to centralize operations, streamline resident services, and optimize revenue management, serving thousands of properties across the United States with scalable, cloud-based property management software.
How Much Funding Has Entrata Raised?
1. Conventional Debt
- Amount Raised: $250K
- Date: November 2005
- Lead Investors: UTFC Financing Solutions
- Motivation: To support initial company operations.
2. Series D (round 1)
- Amount Raised: $507M
- Date: July 2021
- Lead Investors: Silver Lake, Dragoneer Investment Group, HGGC (Angel Investors: Ryan Smith, Todd Pedersen, Josh James)
- Motivation: To expand the platform, scale operations, and enhance product offerings.
3. Series D (round 2)
- Amount Raised: $200M
- Date: May 2025
- Lead Investors: Blackstone
- Motivation: To strengthen market position, further develop SaaS tools, and drive enterprise growth.
Total Funding Raised: $707 Million
Current Valuation: $4.3 Billion (as of Mar 2025)
Latest Funding Date: May 2025
Key Investors
1. Silver Lake
- Details: Global technology-focused private equity firm.
- Investment Focus Areas: Enterprise software, SaaS platforms, property tech.
- Notable Investments: Entrata, Airbnb, Dell Technologies.
2. Dragoneer Investment Group
- Details: Growth equity investor specializing in technology companies.
- Investment Focus Areas: SaaS, internet platforms, digital infrastructure.
- Notable Investments: Entrata, Stripe, Slack.
3. Blackstone
- Details: Leading global investment firm investing across multiple asset classes.
- Investment Focus Areas: Private equity, technology, real estate platforms.
- Notable Investments: Entrata, Ancestry, Refinitiv.
Where Is Entrata’s Headquarters?
Entrata is headquartered in Lehi, Utah, United States, a hub for technology and innovation in property management software. The location provides access to skilled tech talent, proximity to enterprise customers, and a supportive business ecosystem that enables scalable SaaS operations and continuous platform development.
What’s Next for Entrata?
Entrata aims further to expand its SaaS platform capabilities for property managers, enhancing tools for lease management, accounting, payments, and marketing automation. The company plans to scale adoption among large property management firms across the U.S., integrate advanced analytics, and optimize user experience for residents.
With strong backing from Silver Lake, Dragoneer Investment Group, and Blackstone, Entrata is positioned to maintain leadership in property management technology while preparing for long-term growth and potential strategic partnerships or exits.
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