Israeli property management software provider DoorLoop has raised $100 million in a Series B funding round, led by growth equity firm JMI Equity. The funding aims to support DoorLoop’s continued product development, team expansion in both the U.S. and Israel, and enhancements to its customer-centric platform. DoorLoop’s goal is to deliver streamlined, reliable software solutions that help property managers and owners optimize operations, increase revenue, and scale efficiently.
Founded in 2019 by experienced entrepreneurs Ori Tamuz and Itay Gardi, DoorLoop addresses the market demand for a user-friendly, secure, all-in-one property management solution.
Tamuz stated, “This Series B funding marks a significant milestone, enabling us to further invest in our team and technology. We are committed to advancing our software and setting a high standard in property management, with a focus on helping our customers succeed. With JMI’s resources, we’re positioned for substantial growth in the years ahead.”
David Greenberg, a partner at JMI Equity, added, “DoorLoop’s intuitive software and commitment to customer service make it a standout in the industry. We’re excited to work with their talented team as they continue innovating property management technology for their expanding customer base.”
DoorLoop also plans to grow its Tel Aviv team, expanding from 50 to 200 employees over the next 18 months. New roles will cover software development, product management, quality assurance, data and business analysis, as well as positions in marketing and finance.
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By Proptechbuzz
By Ravi Kumar
