Blackstone Invests $200M in Proptech Firm Entrata

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Entrata, the leading operating system for multifamily communities worldwide, has secured a $200 million minority investment from Blackstone at a $4.3 billion valuation, signaling strong investor confidence in its role in multifamily property management. Founded in 2003, Entrata’s products enable property managers and residents to handle tasks such as tracking work orders, managing finances, and processing online payments. The investment will support Entrata’s continued innovation in automating operations, enhancing resident experiences, and expanding its platform capabilities. 

Blackstone Invests $200M in Proptech Firm Entrata