CoStar Group Founder and CEO Andy Florance Named 2025 Tech Titan by Washingtonian Magazine

Florance honored among Washington’s most influential technology leaders

ARLINGTON, Va.--(BUSINESS WIRE)--CoStar Group, Inc. (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information, analytics, and 3D digital twin technology, today announced that Founder and Chief Executive Officer Andy Florance has been named one of Washingtonian Magazine’s 2025 Tech Titans. This marks the fourth consecutive year Florance has earned a place on the prestigious list, which recognizes the region’s most influential and innovative leaders driving the future of technology.

Florance was recognized in the Starters category, highlighting visionary founders and CEOs who are transforming industries through disruptive technology platforms. His inclusion underscores CoStar Group’s success in redefining both the commercial and residential real estate sectors, led most recently by the extraordinary momentum of Homes.com.

Washingtonian praised Florance for building “a $37 billion juggernaut with 6,800 employees, and he’s not slowing down.”

CoStar Group continues to deliver record-breaking performance. In Q2 2025, the company reported $781 million in revenue, up 15% year-over-year, with net new bookings reaching an all-time high of $93 million. Homes.com alone grew net new bookings by 56% in the quarter, fueled by a nationwide marketing campaign that is rapidly reshaping the residential listings landscape.

“It’s an honor to once again be included among Washington’s Tech Titans. This recognition reflects the hard work and relentless innovation of our entire CoStar Group team. From digitizing the commercial property market to making Homes.com the fastest-growing residential portal in the nation, we are transforming how people find and connect with real estate. Our mission has always been to empower people with the insights and tools they need to make smarter decisions — and that commitment continues to guide everything we do,” said Andy Florance.

About CoStar Group, Inc.

CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.

CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible,

STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.

CoStar Group’s websites attracted over 141 million average monthly unique visitors in the second quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.