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Entrata completes acquisition of Colleen AI to advance Autonomous Property Management

TAKEN PRIVATEJun 20, 2024

Acquiring Company

Entrata

Acquired Company

Colleen AI

LehiDaytona BeachSoftwareReal EstateProperty ManagementReal Estate

Description

Entrata, a leading AI-enabled multifamily Operating System (OS) company, has announced its acquisition of Colleen AI. This strategic acquisition enhances Entrata's capabilities, enabling operators to automate workflows end-to-end and usher in a new era of Autonomous Property Management with the introduction of ELI+.

Quick answer

Entrata is acquiring Colleen AI, announced June 20, 2024. Entrata is based in Lehi, Utah, United States.

How much did Entrata pay for Colleen AI?
The deal value was not disclosed.
What does Entrata do?
Entrata is a leading operating system for multifamily communities worldwide.
Where are Entrata and Colleen AI based?
Entrata is based in Lehi, Utah, United States. Colleen AI is based in Daytona Beach, Florida, United States.
Who are the decision-makers at Entrata?
Fundz holds 1 contact at Entrata. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Entrata

Location

Lehi, Utah, United States

About

Entrata is a leading operating system for multifamily communities worldwide. Setting the bar for innovation in property management software since 2003, Entrata offers solutions for every step of the leasing lifecycle and empowers owners, property managers, and renters to create stronger communities. Entrata currently serves over three million residents across more than 26 thousand multifamily communities around the globe.

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Frequently asked

Who acquired Colleen AI?

Colleen AI was acquired by Entrata, based in Lehi. The deal was reported on June 20, 2024. Entrata is a leading operating system for multifamily communities worldwide. Entrata is privately held and operates in Software.

When did Entrata acquire Colleen AI?

Entrata's acquisition of Colleen AI was reported on June 20, 2024. Entrata, a leading AI-enabled multifamily Operating System (OS) company, has announced its acquisition of Colleen AI. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Colleen AI do?

Colleen is the AI-powered, integrated platform solution optimizing rent and debt collections for multifamily property managers and residents. It is privately held, operating in Real Estate, and is based in Daytona Beach.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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