# Evernest **Source:** https://geo.sig.ai/brands/evernest **Vertical:** Real Estate & Property Tech **Subcategory:** General **Tier:** Emerging **Website:** evernest.co **Last Updated:** 2026-04-14 ## Summary Birmingham AL tech-enabled SFR property management at 23,000+ units/$75M 2025 revenue; Poplar Homes acquisition Jan 2025 with $15M LL Funds established as #2 tech-enabled PM platform competing with AppFolio for residential investor management. ## Company Overview Evernest is a Birmingham, Alabama-based tech-enabled residential property management company — backed with growth capital from LL Funds — providing single-family home, condo, and small multifamily property investors with full-service property management across 50+ US markets, managing 23,000+ units for approximately 9,000 investors and generating approximately $75 million in annual revenue as of 2025. In January 2025, Evernest completed its largest acquisition — acquiring Poplar Homes (a tech-enabled property management platform) alongside $15 million in new funding from LL Funds — establishing Evernest as the second-largest tech-enabled property management platform in the US and expanding into six new states including West Coast markets. Evernest has executed 18+ property management company acquisitions in its acquisition-led growth strategy. CEO Matthew Whitaker founded the company during the 2008 financial crisis when he was forced to rent rather than sell his investment properties. Evernest has appeared on the Inc. 5000 list eight times in nine years (ranked #1,743 in 2025). 379 employees. Evernest's property management platform addresses the operational complexity that individual real estate investors face managing single-family rentals across multiple markets: an investor owning 5-25 single-family homes spread across multiple states faces leasing (marketing, tenant screening, lease execution), maintenance (coordinating local contractors for repairs, preventative maintenance scheduling), rent collection (payment processing, late fee enforcement, eviction proceedings), and accounting (owner distribution reporting, expense tracking, tax document preparation) across multiple local service providers with no unified visibility. Evernest's national platform (managing the full property lifecycle through local market operators supported by centralized technology for maintenance dispatch, rent collection, and owner reporting) provides the professional management quality that reduces vacancy rates and maintenance costs — while the tenant experience layer (online rent payment, maintenance request submission, and renewal workflows) reduces friction that drives turnover cost. In 2025, Evernest competes in the single-family residential property management, property management technology, and real estate services market with Propertyware (RealPage subsidiary, property management software), AppFolio (NASDAQ: APPF, property management platform, $500M+ revenue), and Renters Warehouse (national property management, private) for individual investor property management services and tech-enabled PM platform market share. The Poplar Homes acquisition (second-largest tech-enabled PM platform recognition) establishes Evernest's national scale that competes with institutional SFR operators (Invitation Homes, American Homes 4 Rent) for professional management of investor-owned scattered-site single-family rentals. The AI investment (AI-powered tenant communications and market-level operations) addresses the labor intensity of property management at the 23,000+ unit scale. The 2025 strategy focuses on growing the West Coast market penetration from the Poplar Homes footprint, building the investor acquisition engine (identifying investors seeking to outsource management of newly acquired properties), and expanding the ancillary services (insurance brokerage, renovation financing, and lending) that increase revenue per managed unit. ## Frequently Asked Questions ### What does Evernest do? Evernest is a national tech-enabled property management company that manages single-family houses, condos, and small multifamily buildings for real estate investors. The company provides comprehensive services including property management, brokerage, maintenance, renovation, insurance, and lending solutions across 50+ markets in the United States. ### Who are Evernest's customers and target market? Evernest serves approximately 9,000 real estate investors and homeowners who own residential rental properties. The company's target market includes individual investors, institutional investors, and anyone seeking professional property management services for single-family and small multifamily rental properties. ### When was Evernest founded? Evernest was founded in 2008 by Matthew Whitaker during the financial crisis. The company started when Whitaker found himself unable to sell 30 rental properties due to the housing market crash and decided to launch a property management business instead. ### Where is Evernest based? Evernest is headquartered in Birmingham, Alabama, at 1701 Oxmoor Road. The company now operates across more than 50 markets nationwide, including recent expansion into West Coast states through the 2025 Poplar Homes acquisition. ### How much funding has Evernest raised? Evernest has raised $15 million in growth-centered funding from private equity firm LL Funds as part of its January 2025 Poplar Homes acquisition. The funding will help Evernest build a comprehensive home services platform focused on rental property owners and accelerate technology development. ### What makes Evernest different from competitors? Evernest differentiates itself through its tech-enabled platform that combines proprietary technology and AI-powered solutions with comprehensive service offerings. Unlike traditional property managers, Evernest offers a full suite of services including brokerage, maintenance, renovation, insurance, and lending—all under one roof. The company's aggressive acquisition strategy has also positioned it as the second-largest tech-enabled property management platform. ### Who are Evernest's main competitors? Evernest competes with other tech-enabled property management platforms and traditional property management companies, including Renters Warehouse, Mynd, Roofstock, and regional property management firms. Following the Poplar Homes acquisition, Evernest is now the second-largest player in the tech-enabled property management space. ### How can I contact Evernest? You can contact Evernest through their website at www.evernest.co or visit their Birmingham headquarters at 1701 Oxmoor Road, Birmingham, Alabama 35209. The company has local teams in over 50 markets across the United States. ### Is Evernest hiring? Yes, Evernest is actively hiring as the company continues its rapid expansion. Under President Graham Robinson's leadership over the past two years, the team has nearly quadrupled in size. The company has approximately 379 employees and continues to grow through acquisitions and organic expansion into new markets. ### What's the latest news about Evernest? In January 2025, Evernest announced its largest acquisition to date—acquiring Poplar Homes alongside $15 million in funding from LL Funds. This deal expanded Evernest's portfolio to nearly 23,000 units across 50+ markets and established the company as the second-largest tech-enabled property management platform. The acquisition included approximately 9,000 doors and gave Evernest its first West Coast presence. ### What is Evernest's market position? Evernest is the second-largest tech-enabled property management platform for rental property owners in the United States. The company manages over 23,000 properties for approximately 9,000 investors across 50+ markets nationwide, with annual revenue reaching $75 million and a management portfolio exceeding $1.5 billion in value. ### What are Evernest's future plans? Evernest plans to continue building the most advanced, tech-enabled home services platform dedicated to residential rental property owners. The company is investing heavily in proprietary technology, automation, and AI-powered solutions to improve operations and client communications. Strategic acquisitions will remain a key growth driver, with the company having completed 18 acquisitions to date and continuing to pursue consolidation opportunities in fragmented markets. ## Tags b2b, north-america, platform, proptech, saas, smb --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*