DoorLoop Raises Funding at $500M Valuation: Israeli Property Management Software Startup Gains Momentum

DoorLoop is an Israeli startup that offers a property management platform. According to Calcalist, the firm hit a $500 million valuation after raising $100 million in a Series B round of investment from the American investment fund JMI Equity. DoorLoop has now raised a total of $130 million.

Founded in 2019 by CEO Ori Tamuz, CMO David Bitton, and CTO Itay Gardi, DoorLoop is a property management software platform that helps landlords and property managers streamline their operations and improve tenant communication. It offers a range of features, including:

Tenant Screening: Easily screen potential tenants with background checks and credit reports.
Rent Collection: Collect rent online and track payments in real-time.
Maintenance Management: Manage maintenance requests and track work orders.
Document Management: Store and organize important documents, such as leases and contracts.
Communication Tools: Send messages and announcements to tenants.
Financial Reporting: Generate detailed financial reports.

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Tamuz and Biton previously co-founded PracticePanther, a law practice management software that was acquired by Alpine Software Group (ASG) – one of DoorLoop’s investors – in 2018.

DoorLoop is available on both desktop and mobile devices, making it easy to manage your properties from anywhere. It is also highly customizable, so you can tailor it to your specific needs.

DoorLoop is the highest-rated property management software online. Landlords, property managers, and management companies in over 100 countries use DoorLoop to manage hundreds of thousands of units. The software automates everything from listing units, screening, rent collection, maintenance requests, moving out tenants, and everything in between. DoorLoop is fully customizable for any mixed-use portfolio, including residential, commercial, associations, and many more.

After a $20 million Series A raise made in 2022 David Bitton said, “Backed by a world-class team, DoorLoop is running full speed ahead to accomplish its primary goal: to reach more landlords and property managers while still offering world-class support with a product that exceeds all of its users’ needs and more.”