StarRez Strengths, Domain Expertise, and Key Differentiators
StarRez is a comprehensive student housing solution with features such as online applications, roommate matching, bulk room assignments, billing, reporting, and seamless integration with campus systems. It has a proven track record in managing housing and conference operations for universities, colleges, and private property managers of all sizes across the globe, including the United States, Canada, the United Kingdom, Europe, Australia, New Zealand, Asia, and the Middle East.
StarRez Recent Developments
StarRez, student housing software, has successfully acquired Residential Management Systems, Inc. (RMS), the developer of the Mercury Residential Housing Platform. The strategic aim is to establish StarRez as the premier global platform for residential communities, focusing on enhancing resident experiences. This acquisition underscores StarRez's dedication to innovation and excellence, guided by a robust organizational culture centered on empathy, expertise, drive, and trusted partnerships with customers.
StarRez Mergers and Acquisitions (M&A) Activities
In February 2022, Adirondack Solutions, Inc., a provider of college student housing software, officially disclosed its integration with StarRez through an acquisition facilitated by Vista Equity Partners (“Vista”). Aligned in their commitment to outstanding customer experiences, this collaboration aims to enhance product and service offerings. With Vista's support, Adirondack and StarRez are well-positioned for accelerated global growth.
StarRez Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying StarRez applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of StarRez and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified StarRez customers.
StarRez Overview
6100 Greenwood Plaza Blvd
Greenwood Village, CO, 80111, United States
1 877-859-6259
https://www.starrez.com/
Ownership: - x
Number of Employees: 280
Functional Markets: Analytics and BI, ERP Services and Operations,
Key Verticals: Real Estate, Higher Education, Leisure and Recreation, Hospitality, Youth and Elderly Care,
StarRez Key Enterprise and Cloud Applications
StarRez
StarRez Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
StarRez Revenue Breakdown By Type, $M:
StarRez Enterprise Applications Revenues By Functional Markets, $M:
StarRez Enterprise Applications Revenues By Verticals, $M:
StarRez Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
StarRez Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
StarRez Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified StarRez Customers
No. of StarRez Customers: 1300
No. of StarRez Enterprise Applications Customers: 1300
No. of StarRez Cloud Customers: x
No. of StarRez Cloud Subscribers: 917000
Among the 1300 StarRez customers are University at Buffalo, University of Texas at El Paso, Boston University, Manhattan College, Geneva Graduate Institute, Berea College and others.
StarRez Market Opportunities, M&A and Geo Expansions
StarRez, a provider of software solutions for residential communities and student housing, has recently secured a substantial strategic growth investment from Vista Equity Partners, a prominent global investment firm specializing in enterprise software, data, and technology-enabled enterprises. This partnership marks a pivotal collaboration between StarRez and Vista, aimed at expediting StarRez's worldwide expansion efforts, cultivating operational excellence, and promoting sustainable growth. The shared objective is to elevate the overall customer experience and enhance the quality of student and resident life on a global scale.
StarRez Risks and Challenges
In the preceding year, the company experienced substantial growth across various facets, including a strategic investment from Vista Equity Partners, a remarkable 60% expansion in the customer base, geographic outreach into five new countries, the successful management of over 3 million resident beds, and strategic acquisitions of Adirondack Solutions and RMS, Inc. As the company navigates through this substantial growth, the focus shifts to how StarRez will effectively manage the associated risks.
StarRez Ecosystem, Partners, Resellers and SI
Quadient a business solution for meaningful customer connections through digital and physical channels and a major global parcel locker operator, announces an integration partnership with StarRez, Inc., a provider of residential experience and student housing software solutions. The collaboration between the two companies integrates Parcel Pending by Quadient smart lockers with the StarRez student resident and property management platform, which supports and enhances the experience of residential communities. The collaboration kicks off in the U.S. with a focus on higher education student residences.
In November 2021 StarRez and OCM began a new partnership. Both StarRez and OCM have been in the industry for many years, with long-standing very strong relationships in higher education. This partnership provides another great touchpoint for incoming residents to access everything they need within the StarRez portal. It's a natural fit for improving the resident experience.
StarRez has build formal integration partnerships with the leading technology providers including: Ellucian, Workday, PeopleSoft/Oracle, Blackboard, SAP, SITS, Jenzabar, TMA, Persona, Onity, Campus Management, TouchNet, Stanley, Nelnet, CashNet, WPM, and many others.
StarRez Cloud Infrastructure Insights
Subscribe to read more about:
- StarRez Public Cloud and Infrastructure (IaaS)
- StarRez Platform (PaaS)
- StarRez Application Delivery
- StarRez Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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