Fundraising

DoorLoop

DoorLoop Raises $100M in Series A

2019
Founded
150+
Employees
Miami, FL
2 min read

Quick Facts

DoorLoop Raises $100M in Series A


DoorLoop has successfully raised $100M in a Series A at a $500M valuation led by JMI Equity.


Company Overview


DoorLoop is a PropTech company headquartered in Miami, FL, founded in 2019 with 150+ employees.


Property management software


Fundraising Details


  • Amount Raised: $100M
  • Round Type: Series A
  • Valuation: $500M
  • Date: 2024-09-01
  • Investors: JMI Equity

About DoorLoop


Property management software The company is positioned in the PropTech sector, serving a growing market with innovative solutions.


Key Information


  • Headquarters: Miami, FL
  • Founded: 2019
  • Team Size: 150+
  • Industry: PropTech

What This Means


This funding round demonstrates strong investor confidence in DoorLoop's vision and execution. The capital will likely be used to:


  • Scale Operations: Expand the team and operational capacity
  • Product Development: Enhance existing products and develop new features
  • Market Expansion: Enter new markets and strengthen presence in existing ones
  • Technology Investment: Invest in infrastructure and technology capabilities

Industry Context


The PropTech sector continues to attract significant investment as companies innovate to meet evolving market demands. DoorLoop's successful fundraising reflects the strong fundamentals and growth potential in this space.


Valuation Milestone


Reaching a $500M valuation marks an important milestone for DoorLoop, positioning the company among notable players in the PropTech industry.


Looking Ahead


With this new capital, DoorLoop is well-positioned to execute on its growth strategy and continue building innovative solutions in the PropTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.


This fundraising news was reported on 2024-09-01. For more information about DoorLoop, visit their headquarters at Miami, FL.

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Fundraising News Team
Fundraising News Team
Tracking the latest funding rounds and investment news