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CoStar Group Founder and CEO Andrew C. Florance Named 2022 Tech Titan by Washingtonian Magazine

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CoStar Group, Inc. (NASDAQ: CSGP) CEO Andrew C. Florance has been named one of Washingtonian Magazine’s 2022 Tech Titans for the second consecutive year. He is recognized for his leadership during a remarkable year, ending 2021 with $2 billion in revenue despite the global pandemic. The Tech Titans list highlights influential figures in Washington, including entrepreneurs and cybersecurity experts, underscoring Florance's significant role in the company's success in the online real estate marketplace sector.

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  • CEO Andrew C. Florance recognized as a Tech Titan for the second consecutive year.
  • $2 billion in revenue achieved during 2021 despite pandemic challenges.
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WASHINGTON--(BUSINESS WIRE)-- Andrew C. Florance, Founder and Chief Executive Officer of CoStar Group, Inc. (NASDAQ: CSGP) – a leading provider of online real estate marketplaces, information, and analytics in the commercial and residential property markets – was named one of Washingtonian Magazine’s 2022 Tech Titans.

For the second consecutive year in a row, Florance has been featured alongside entrepreneurs, government officials, and cybersecurity experts. Individuals recognized as Tech Titans are leaders among Washington DC’s growing, robust, and influential tech industry.

Washington Magazine recognized the CoStar Group Founder and Chief Executive Officer for leading the “real-estate intelligence company” and its more than two dozen brands while simultaneously ending 2021 on strong financial footing with $2 billion in revenue during the height of the global health pandemic.

According to Washingtonian Magazine, this list includes,The 225 most innovative and important people in DC’s tech scene right now. Entrepreneurs, government officials, cybersecurity experts, venture capitalists, and others to know.”

About CoStar Group, Inc.

CoStar Group, Inc. (NASDAQ: CSGP) is a leading provider of online real estate marketplaces, information and analytics. Founded in 1987, CoStar conducts expansive, ongoing research to produce and maintain the largest and most comprehensive database of commercial real estate information. Our suite of online services enables clients to analyze, interpret and gain unmatched insight on commercial property values, market conditions and current availabilities. STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Ten-X provides a leading platform for conducting commercial real estate online auctions and negotiated bids. LoopNet is the most heavily trafficked commercial real estate marketplace online. Apartments.com, ApartmentFinder.com, ForRent.com, ApartmentHomeLiving.com, Westside Rentals, AFTER55.com, CorporateHousing.com, ForRentUniversity.com and Apartamentos.com form the premier online apartment resource for renters seeking great apartment homes and provide property managers and owners a proven platform for marketing their properties. Homesnap is an industry-leading online and mobile software platform that provides user-friendly applications to optimize residential real estate agent workflow and reinforce the agent-client relationship. Homes.com offers real estate professionals advertising and marketing services for residential properties. Realla is the UK’s most comprehensive commercial property digital marketplace. BureauxLocaux is one of the largest specialized property portals for buying and leasing commercial real estate in France. CoStar Group’s websites attract tens of millions of unique monthly visitors. Headquartered in Washington, DC, CoStar Group maintains offices throughout the U.S., Europe, Canada and Asia. From time to time we plan to utilize our corporate website, CoStarGroup.com, as a channel of distribution for material company information. For more information, visit CoStarGroup.com.

Media:

Matthew Blocher

CoStar Group

mblocher@costar.com

202.346.6775

Source: CoStar Group, Inc.

FAQ

Who is Andrew C. Florance?

Andrew C. Florance is the Founder and CEO of CoStar Group, recognized as a leading figure in the tech industry.

What recognition did CoStar Group receive in 2022?

CoStar Group CEO Andrew C. Florance was named one of Washingtonian Magazine’s 2022 Tech Titans.

What was CoStar Group's revenue in 2021?

CoStar Group reported $2 billion in revenue for the year 2021.

What is CoStar Group's primary business?

CoStar Group is a leading provider of online real estate marketplaces, information, and analytics.

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