Sarasota real estate tech firm names new CEO

Sarasota-based real estate technology firm PropLogix has announced a new CEO. The move comes after the company received a capital investment from private equity firm Accel-KKR, which has $19 billion in cumulative capital investments. 

The new CEO, Alex Eckelberry, is a former senior leader at both cybersecurity firms Malwarebytes and Prevasio. He takes the place of Jesse Biter, the company’s co-owner, who will stay on as an active member of the company’s board of directors, according to a statement.  

“We are excited to bring Alex on board to lead the company in its next phase of growth,” Biter says in the release. “I’m confident that he will successfully lead PropLogix into the future while preserving the fun culture we’ve built. As any entrepreneur or parent will tell you: letting your baby grow up isn’t easy, but it’s inevitable. I look forward to working closely with Alex and supporting him from the board level.”

PropLogix, now a portfolio company of private equity firm Accell-KKR, uses proprietary software to help clients find fees, liens or assessments on properties to aid real estate closings. The company had $29.91 million in revenue in 2019.

During his more than 30 years of experience in technology, Eckelberry oversaw the acquisition of Sunbelt Software by Insight Venture Partners after growing the company into a leading IT and security software provider, the release states. 

“PropLogix is an exciting company in a space ripe for disruption,” Eckelberry says. “The company’s leadership position, world-class reputation and strong management team provide a strong platform for future growth. I’m thrilled to join this highly innovative company, collaborate with our board, and lead the team as we continue to expand.”