AppFolio is known for seeing 'big waves' early. They saw the shift to the cloud, the the coming dominance of mobile, and once again, they're early to AI.

AppFolio makes property management software, and for each of the above trends, they've had the engineers and product expertise to create property management products that made their clients lives easier.

They saw AI coming, and they invested big.

Back in January 2019, AppFolio acquired Dynasty Marketplace, an advanced artificial intelligence technology provider for the real estate market.

They bought Dynasty for $60 Million.

This was a lot. And its still a lot.

The acquisition was to help further develop and strengthen AppFolio’s AI products and services targeted at the real estate vertical market.

Now, we finally have an idea of what that investment went towards.

AppFolio released "Realm" a suite of AI-powered tools for property managers.

With AppFolio Realm, property managers can do:

Check out the video on the Realm announcement page:

Do you think these features are worth the $60 million?