DoorLoop is a property management software company focused on providing comprehensive solutions to landlords, property managers, and real estate investors. Founded in 2019 by Ori Tamuz, David Bitton, and Itay Gardi, the company quickly established itself as a leader in the property management software sector. Based in Miami, Florida, DoorLoop's software enhances property management operations through features like automated rent collection, tenant screening, and maintenance management. The company successfully raised a $100 million Series B funding round in 2024, propelling its valuation to $500 million.
| Attribute | Information |
|---|---|
| Founding Date | 2019 |
| Headquarters | Miami, Florida, USA |
| Founders | Ori Tamuz, David Bitton, Itay Gardi |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | JMI Equity, Alpine SG |
| Industry | Property Management Software |
| Number of Employees | Approximately 160 (as of 2024) |
DoorLoop was conceptualized by Ori Tamuz, David Bitton, and Itay Gardi in 2019. Drawing on their extensive experience in SaaS and property domains, they identified the need for a property management platform that could simplify the management process, particularly for small to mid-sized landlords. The founders leveraged their expertise to develop a user-friendly, all-in-one software solution aimed at automating the most cumbersome aspects of property management like rent collection, maintenance management, and tenant communication. Their initial success was bolstered by a $10 million seed funding round in 2020, paving the way for subsequent growth and innovation within the property technology industry.
DoorLoop's business model centers around providing an efficient, scalable online platform that addresses the entire spectrum of property management tasks:
DoorLoop operates as a major contender within the property management software landscape, leveraging its advanced technology to streamline and automate property-related tasks. As of late 2024, the company has a strong presence in the United States, Canada, and the UAE, continuously broadening its geographical footprint. DoorLoop's competitive edge lies in its user-friendly platform and strong customer support, distinguishing itself from larger competitors like Yardi and RealPage. The company's strategic focus includes expanding its workforce and maintaining operational profitability, demonstrating its commitment to long-term sustainability and growth in a robust property management market projected to be worth over $36.4 billion by 2028.[^8]
Over the years since its founding, DoorLoop has disrupted the property management industry with innovative solutions that address both small landlords' and large management firms' needs. With a growing international presence and continuous feature enhancement, DoorLoop remains well-positioned to capitalize on evolving market opportunities. The company's recent recognition as a top startup employer and significant funding achievements signal a promising trajectory for continued growth and industry impact. As it scales, DoorLoop is likely to further enhance its product capability and enter new markets, thereby reinforcing its standing as a vital player in the PropTech domain.