CoStar vs Bentley Systems
Side-by-side comparison of AI visibility scores, market position, and capabilities
$2.74B revenue 2024 (+11% YoY); $732M Q1 2025 revenue (+12% YoY); 56th consecutive quarter double-digit growth; 134M+ monthly unique visitors Q4 2024; 6,400+ employees in 14 countries
About
CoStar Group is the leading provider of commercial real estate data, analytics, and marketplace platforms, founded in 1987 in Washington, D.C. by Andrew Florance. The company was built on the conviction that commercial real estate — one of the world's largest asset classes — was fundamentally underserved by reliable data, and that building a proprietary research infrastructure to collect, verify, and distribute property information would create a durable competitive moat. CoStar's core technology combines a massive field research organization with digital data collection tools to maintain the most comprehensive commercial real estate database in the world.\n\nCoStar's product portfolio spans multiple platforms serving different segments of the real estate market: CoStar for commercial real estate professionals, LoopNet for commercial property marketing, Apartments.com for multifamily rental search, Homes.com for residential real estate, and Ten-X for online commercial property auctions. This multi-platform strategy positions CoStar Group as the data and marketplace layer across every major real estate segment. The company attracted more than 134 million unique monthly visitors across its networks in Q4 2024, demonstrating the scale of its audience reach.\n\nCoStar Group reported $2.74 billion in revenue for 2024, an 11% year-over-year increase, marking its 56th consecutive quarter of double-digit revenue growth — a remarkable consistency streak in enterprise SaaS. The company's combination of proprietary data assets, marketplace network effects, and expanding residential real estate ambitions gives it multiple growth vectors as it targets the vast residential brokerage market that dwarfs its existing commercial business.
Exton PA infrastructure engineering software (NASDAQ: BSY) at $1.35B+ 2024 revenue (91% recurring); Seequent $1.05B (2021), Cesium 3D geospatial (2024), first non-Bentley CEO Nicholas Cumins (Jul 2024) competing with Autodesk Civil 3D.
About
Bentley Systems, Incorporated is an Exton, Pennsylvania-based infrastructure engineering software company — publicly traded on NASDAQ (NASDAQ: BSY) — providing software for the design, construction, operation, and lifecycle management of infrastructure assets including roads, bridges, railways, buildings, industrial plants, power generation, and utilities through approximately 5,200 employees serving engineers and infrastructure organizations in 194 countries with annual revenues of $1.35+ billion in 2024 (91% recurring). Founded on September 5, 1984, by brothers Keith and Barry Bentley in suburban Philadelphia — where Keith had developed CAD software during his tenure at E.I. DuPont — the company grew through five Bentley brothers (Keith, Barry, Scott, Greg, and Ray) into the global infrastructure software leader through 120+ acquisitions over four decades, including Intergraph's civil engineering businesses (2001), Seequent for $1.05 billion (2021, geological and subsurface modeling), and Cesium (2024, 3D geospatial and digital twin platform). On July 1, 2024, Nicholas Cumins became CEO — the first person outside the Bentley family to lead the company in its 40-year history, having previously served as COO — with Greg Bentley transitioning to Executive Chair. Bentley made its NASDAQ IPO on September 23, 2020, and maintains a market capitalization of approximately $15 billion as of October 2024.
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