About MRI Software
MRI Software is a company based in Solon (United States) founded in 1971 was acquired by GI Partners in June 2015. MRI Software has raised $125 million across 3 funding rounds from investors including GI Partners, TA Associates and Harvest Partners. The company has 503 employees as of March 27, 2024. MRI Software has completed 54 acquisitions, including AMTdirect, Anacle Systems and Angus Systems. MRI Software offers products and services including MRI Living™, MRI @Work™, and Energy Management. MRI Software operates in a competitive market with competitors including AppFolio, Johnson Controls, VTS, Swell Energy and Equiem, among others.
- Headquarter Solon, United States
- Employees 503 as on 27 Mar, 2024
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Mri Software India Private Limited
- Date of Incorporation 17 Feb, 2016
- Jurisdiction Bangaluru, Karnataka, India
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Annual Revenue
$7.04 M (USD)56.95as on Mar 31, 2023
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Net Profit
$738.86 K (USD)70.48as on Mar 31, 2023
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EBITDA
$1.2 M (USD)66.47as on Mar 31, 2023
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Total Equity Funding
$125 M (USD)
in 3 rounds
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Latest Funding Round
Not available
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Investors
GI Partners
& 3 more
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Employee Count
503
as on Mar 27, 2024
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Investments & Acquisitions
AMTdirect
& 53 more
- Acquired by
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Products & Services of MRI Software
MRI Software offers a comprehensive portfolio of products and services, including MRI Living™, MRI @Work™, and Energy Management.
Software for managing multifamily and affordable housing operations
Tools for commercial property financial and operational oversight
Platform to monitor and reduce energy consumption in properties
People of MRI Software
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Software Development Team
137 people
Sales and Marketing
82 people
Leadership Team
72 people
Product Management Team
66 people
Senior Team
46 people
Project Team
21 people
Finance and Accounting
19 people
Human Resources and Administration
16 people
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Funding Insights of MRI Software
MRI Software has successfully raised a total of $125M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in MRI Software
MRI Software has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include GI Partners, TA Associates and Harvest Partners.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by private equity firm TA.
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Harvest Partners is engaged in alternative investment strategies.
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Data infrastructure companies are targeted for private equity investments.
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Investor details for MRI Software
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by MRI Software
MRI Software has strategically engaged in corporate development activities, having acquired 54 companies. Notable acquisitions include AMTdirect, Anacle Systems and Angus Systems.
Investment portfolio details for MRI Software
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provides digital tools for property management, inspections, and financial processes.
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Locked | Locked | 2022 | Locked | |
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Digital software manages online real estate transactions efficiently.
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Locked | Locked | 2020 | Locked | |
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Provider of identity verification solution
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Locked | Locked | 2017 | Locked |
Complete acquisition details for MRI Software
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - MRI Software
Detailed financials for MRI Software
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Mri Software Comparisons
Peer comparison for MRI Software
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
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Competitors of MRI Software
MRI Software operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AppFolio, Johnson Controls, VTS, Swell Energy and Equiem, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS-driven property management software for owners and residential property managers
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Automotive batteries and HVAC equipment are manufactured and supplied globally.
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VTS is recognized for providing commercial real estate technology solutions.
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Reseller and installer of energy storage devices
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Community engagement platform for facility managers is provided.
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Detailed competitors of MRI Software
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mri Software
Complete news archive for MRI Software
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about MRI Software
MRI Software was founded in 1971 and raised its 1st funding round 39 years after it was founded.
MRI Software is headquartered in Solon, United States. It is registered at Solon, Ohio, United States.
MRI Software is a funded company, having raised a total of $125M across 3 funding rounds to date.
As of Mar 27, 2024, the latest employee count at MRI Software is 503.
Annual revenue of MRI Software is $7.04M as on Mar 31, 2023.
MRI Software was founded in 1971 and is based in Solon, United States. Solutions in property management software are developed for residential and commercial real estate sectors. Core operations encompass accounting for properties, space allocation, tenant evaluation, and facility oversight. The companys domain, mrisoftware.com, supports these services in the real estate technology industry, serving global clients through digital platforms.
MRI Software's top competitors include AppFolio, DoorLoop and Johnson Controls.
MRI Software offers MRI Living™, MRI @Work™, and Energy Management.
MRI Software has made 54 acquisitions, including AMTdirect, Anacle Systems, and Angus Systems.
MRI Software has 4 investors. Key investors include GI Partners, TA Associates, Harvest Partners, and Vista Equity Partners.