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    • Israeli start-up DoorLoop raises 0 million
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    Israeli start-up DoorLoop raises $100 million

    Umito Posted on

    Israeli startup DoorLoop, a developer of rental property management software, announced that it has completed a $100 million funding round led by US investment firm JMI Equity. The company says the funding will allow it to expand its product offerings while recruiting key industry professionals, positioning DoorLoop as the leading property management platform in the U.S. and Canadian markets.

    As part of its next phase of growth, DoorLoop intends to grow its development team in Tel Aviv from 50 to 200 employees over the next 18 months. The focus will be on hiring developers, product managers and QA engineers, as well as analysts, marketing, finance and other essential roles.

    The recent funding comes amid impressive growth of over 100% year-over-year. Currently, DoorLoop serves property management companies and asset owners across North America and is quickly gaining traction in a large market with significant potential.

    “This successful funding round opens the next chapter in our company’s growth,” said Ori Tamuz, CEO and co-founder of DoorLoop. “This capital will allow us to accelerate our rapid growth, expand our human and technological capital and continue to provide the best property management software on the market. We are confident that with JMI’s resources, we will continue to set new standards in technology and customer experience in the industry, while never losing sight of our core purpose: helping our customers grow and succeed .

    Ori Tamuz, CEO and co-founder of DoorLoop (credit: DoorLoop, official website)

    “Our team quickly recognized DoorLoop’s exceptional growth potential, product quality and innovation, as well as its skilled workforce,” said David Greenberg, Partner at JMI Equity. “DoorLoop is a clear industry leader and we are excited to collaborate with its talented team as demand for its cutting-edge technology continues to grow.” »

    DoorLoop provides property managers and owners with a comprehensive solution to streamline portfolio management, improve efficiency and maximize profits. The software facilitates comprehensive rental property management, automating processes such as tenant acquisition, lease management, rent collection, financial reporting, maintenance requests and tenant communications. Through cutting-edge technology, world-class technical support and free educational resources, DoorLoop empowers its customers to grow personally, professionally and financially.



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