Hemlane Strengths, Domain Expertise, and Key Differentiators
Hemlane is the next generation property management platform.Hemlane streamlines and automates the entire lifecycle of rental management.Hemlane provides rental owners and managers with an intelligent online platform to manage rental properties. For remote rental owners, Hemlane connects them with agents and managers for local support.
Hemlane offers two packages, a software only and a software plus service package. The software automates all administrative tasks, including advertising rentals to the top 30 listing websites, scheduling property showings, performing tenant screening, completing leases, collecting rent, initiating automatic late fees, and coordinating maintenance requests. The service package connects owners with local agents and 24/7 maintenance coordinators. To help build the services network, leasing agents and managers using Hemlane's software connect with newly registered rental owners on the platform.
Hemlane Recent Developments
Hemlane works with brokerages and real estate agents. It takes care of relationship management, leasing, and other on-ground support tasks.
Hemlane Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Hemlane 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 Hemlane 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 Hemlane customers.
Ownership: - x
Number of Employees: 20
Key Verticals: Real Estate,
Hemlane Key Enterprise and Cloud Applications
Hemlane Revenues, $M:
|Type/Year||2018||2019||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.
Hemlane Revenue Breakdown By Type, $M:
|Type||License||Services||Hardware||Support & Maintenance||SaaS|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe|
Hemlane Enterprise Applications Revenues By Functional Markets, $M:
Hemlane Enterprise Applications Revenues By Verticals, $M:
Hemlane Revenues By Region, $M
|Region||% of Total Revenues||2019 Total Revenues, $M||2019 Enterprise Applications Revenues, $M||2019 Cloud Applications Revenues, $M|
Hemlane Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Hemlane Customers - Breakdown by Geo, Size, Vertical and Product
No. of Hemlane Customers: x
No. of Hemlane Enterprise Applications Customers: x
No. of Hemlane Cloud Customers: x
No. of Hemlane Cloud Subscribers: x
Hemlane has nearly a 98% retention rate from its customers across the United States.
Hemlane Market Opportunities, M&A and Geo Expansions
In December 2019, Hemlane completed a $2.5 million Series Seed financing round to redesign property management. Prudence Holdings, an early investor in Compass, Morty and Properly, led the round with participation from Aglaé Ventures, Stanford-StartX Fund and several technology entrepreneurs including Thumbtack Founder Marco Zappacosta and Vouch Insurance Founder Sam Hodges. With the advantage of starting from a blank canvas, the company endeavored to rethink from scratch how to make the full-rental lifecycle management experience less complex and to produce better results across the board.
Hemlane Risks and Challenges
Focusing on expanding outside of North American market will be a challenge for Hemlane.
Hemlane Ecosystem, Partners, Resellers and SI
Hemlane mostly does direct sale.
Hemlane Cloud Infrastructure Insights
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- Hemlane Public Cloud and Infrastructure (IaaS)
- Hemlane Platform (PaaS)
- Hemlane Application Delivery
- Hemlane Private Cloud and Data Centers
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).
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