AppFolio IPO Terms Set: 6.2m Shares at $12 – $14 Per Share

AppFolio Inc. filed an amended registration with the SEC for its IPO this morning.  The company plans to sell 6.2m shares and sees an offering price of $12 – $14 per share.  AppFolio will list under the symbol “APPF” and will list on the Nsadaq.

Triton Research published a 65-page Dossier on AppFolio Inc. on June 1, 2015.  Our Triton Research Company Score for AppFolio is now under review.  For pricing information please contact Kaylan Tildsley at (212) 804-6151.

Triton Research Company Score (avg. 6.55): Contact Triton Research for more details.

Company Description: Develops and sells cloud-based software services, on a subscription-basis, that automates business activities for small & medium businesses that manage property or provide legal services. AppFolio also sells related professional services and electronic payment services.

Competitive Set: Yardi, Easyrent, Property Solutions, Buildium, MRI Software