DoorLoop

From Wikitia
Jump to navigation Jump to search
DoorLoop
IndustryProperty Management Software
Founded2019; 6 years ago (2019)
HeadquartersMiami, Florida
Key people
  • Ori Tamuz (CEO)
  • David Bitton (CMO)
  • Adam Mait (CRO)
  • Itay Gardi (CTO)
  • Matthew Cave (CSD)
ProductsProperty management software
Websitedoorloop.com

DoorLoop is an American property management software company headquartered in Miami, Florida. Founded by Ori Tamuz, David Bitton, Adam Mait, Itay Gardi, and Matthew Cave, the company specializes in providing all-in-one property management software.[1]

DoorLoop assists property owners, property managers, and property management companies in automating financial and operational tasks for rental properties. Key features of the software include: lease tracking, rent and fee collection, accounting and reporting, and maintenance request management.[2]

The DoorLoop app is available for download on both Android and iOS devices, supporting property management on the go. The app is designed to be user-friendly and intuitive, helping users navigate and utilize its features. The company has also launched DoorLoop University which offers step-by-step courses to guide customers in learning the software.

History

DoorLoop was founded in 2019 by Ori Tamuz,[3] David Bitton, Adam Mait, Itay Gardi, and Matthew Cave. The company is headquartered in Miami, Florida, with an additional office in Tel Aviv, Israel. The all-in-one property management software was developed to provide affordable and comprehensive software for property managers and owners.[4]

In September 2021, DoorLoop raised $10 million in seed funding led by DoorLoop's founders and private investors.[5] The funding came on the heels of the company’s growth and was used for further investment in its software, recruiting efforts and marketing initiatives. The company donated 1% of all profits to charities including the Ronald McDonald House Charities.

In September 2022, DoorLoop closed a $20 million Series A funding round from Alpine Software Group (ASG),[6] a portfolio company of Investors that buys and builds vertical SaaS companies.[7]

In July 2023, DoorLoop introduced Looper AI, an AI-powered chatbot designed to answer real estate and property management questions.

In May 2024, DoorLoop launched DoorLoop CashPayments,[8] powered by Western Union Company, enabling property managers and owners to automate and track rent payments.

In June 2024, DoorLoop launched a communications suite that allows property managers, owners, tenants, and vendors to communicate through real-time, two-way SMS messaging with the goal to centralize communications and enhance responsiveness and organization. Key features include: searchable chats, bulk messaging, and task creation from conversations.

Features

DoorLoop offers a range of property management features, including:

  • Automated Rent Collection: DoorLoop facilitates rent collection through various methods, including credit cards, debit cards, ACHs, cash, and checks. The software automates payment reminders and tracks paid or overdue rent, helping property owners and managers minimize time spent on collections.
  • Accounting Features: The software includes an accounting suite tailored for property managers and owners which generates real-time reports, maintains a customizable chart of accounts, and syncs with banks and QuickBooks for financial management.
  • Maintenance Management: DoorLoop allows owners and property managers to receive, assign, and track maintenance requests in a single, centralized location. Users can manage work orders, pay vendors, and issue forms directly through the software.
  • Online Marketing and Tenant Screening: The software helps property owners and managers market their properties by listing on popular sites like Zillow, Trulia and more. DoorLoop also includes tools for tenant screening, allowing users to conduct background checks and collect electronic rental applications.
  • Document Management: DoorLoop stores documents, tenant details, and property information. All data is protected by firewalls, security audits, and penetration tests. It's also encrypted with a 256-bit military grade encryption.

Funding

The company has raised $30 million in funding, including seed funding of $10 million and Series A funding of $20 million led by Alpine Software Group (ASG).[9][10][11]

Awards and Recognitions

  • Forbes recognized DoorLoop as one of “America’s Best Startup Employers” in March of 2024 - the companies were evaluated on three primary criteria: company reputation, employee satisfaction and growth.[12]
  • DoorLoop has been recognized on the 2023 SaaS Awards shortlist in the Real Estate/Property Management category.
  • The company was recognized as a leader in the industry by receiving more than 40 awards from G2 in 2023 and 2024, including "Easiest to Use," "Best Support," "Easiest Admin," “High Performer,” “Leader” and others.
  • Software Advice gave DoorLoop the “Best Customer Support,” and “Most Recommended” awards in 2023. Then, in 2024, the “Most Recommended” award.
  • SourceForge gave DoorLoop the “Leader” award from Spring 2022 through Spring 2024.
  • Capterra gave DoorLoop the, “Best Value,” and “Best Ease of Use” awards in 2021.
  • DoorLoop has a Great Place to Work® Certification™ and has been named as one of the Fortune “Best Workplaces in Real Estate” multiple times.[13]

References

  1. ↑ "DoorLoop Reduces Manual Customer Onboarding Tasks by Nearly 50% | Stripe". stripe.com. Retrieved 21 August 2024.
  2. ↑ researcher, Riley KaminerI am a Miami-based technology; startups, writer with a passion for sharing stories about the South Florida tech ecosystem I. particularly enjoy learning about GovTech; Intelligence, Cutting-Edge Applications of Artificial (6 April 2023). "Rental boom is a boon for Miami Beach-based property management platform DoorLoop - Refresh Miami". refreshmiami.com. Retrieved 21 August 2024.
  3. ↑ "2023 Rising Star: Ori Tamuz". HousingWire. Retrieved 21 August 2024.
  4. ↑ Dinkova, Lidia (13 February 2023). "Lease roundup: Nightingale, Terreno, Parker Realty score tenants". The Real Deal. Retrieved 21 August 2024.
  5. ↑ "With $10M in seed funding, DoorLoop publicly launches its rental property management platform - Refresh Miami". refreshmiami.com. 21 September 2021. Retrieved 21 August 2024.
  6. ↑ "PropTech startup DoorLoop raises $20M Series A round - Refresh Miami". refreshmiami.com. 20 September 2022. Retrieved 21 August 2024.
  7. ↑ "DoorLoop Raises $20M in Series A Funding". FinSMEs. 20 September 2022. Retrieved 21 August 2024.
  8. ↑ "Property Management Software Company DoorLoop Launches CashPayments Allowing Tenants to Pay Rent in Cash". wdtn.com. Retrieved 21 August 2024.
  9. ↑ Kallergis, Katherine (20 September 2022). "Property management startup DoorLoop raises $20M". The Real Deal. Retrieved 21 August 2024.
  10. ↑ Neubauer, Kelsey. "Apartment buildings are all the rage in real estate, and property-management company DoorLoop says it's 'riding that wave.' Here's the pitch deck it used to secure $20 million in funding". Business Insider. Retrieved 21 August 2024.
  11. ↑ "DoorLoop finalises $20m Series A round led by ASG". shorttermrentalz.com. Retrieved 21 August 2024.
  12. ↑ PEACHMAN", "RACHEL RABKIN. "America's Best Startup Employers 2024". Forbes. Retrieved 21 August 2024.
  13. ↑ "Fortune Best Workplaces in Real Estate™ 2022". Great Place To Work®. Retrieved 21 August 2024.

External links

Retrieved from "https://wikitia.com/index.php?title=DoorLoop&oldid=206667"