What is RealManage?
Founded in 2002 and headquartered in Plano, Texas, RealManage operates as a privately held, tech-enabled community association management firm. It has established itself as one of the largest and fastest-growing companies in its sector, consistently recognized on the Inc. 5000 list. RealManage, through its brands like GrandManors and CiraConnect, offers comprehensive management services to a diverse range of community associations, including homeowner associations, condominium associations, and large master-planned communities. The company's service footprint extends across multiple states, providing core offerings such as onsite and portfolio management, community development, maintenance, and insurance services. A key differentiator for RealManage is its advanced cloud-based technology platform, which enhances operational visibility and communication for board members and residents via web and mobile applications.
How much funding has RealManage raised?
RealManage has raised a total of $100M across 1 funding round:
Debt
$100M
Debt (2022): $100M with participation from Prosperity Bank
Key Investors in RealManage
Prosperity Bank
Prosperity Bank is a regional banking institution providing comprehensive financial services, including commercial real estate loans and treasury management, to businesses across Texas and Oklahoma. They are known for their relationship banking approach and community involvement.
What's next for RealManage?
With its substantial enterprise-level backing, RealManage is strategically positioned for accelerated growth and further technological innovation. The company's focus on leveraging its proprietary platform to streamline community association management is expected to drive deeper market penetration and enhance service delivery. Future initiatives likely involve expanding its service offerings, potentially through strategic acquisitions or organic development, and further refining its technology to meet the evolving demands of the property management industry. This capital infusion will support RealManage's mission to provide efficient, transparent, and technologically advanced management solutions to communities nationwide.
See full RealManage company page
