MagicDoor Raises Over $2 Million in Funding

by Kay Aloha Villamor in November 7th, 2024

MagicDoor, a Las Vegas, NV-based AI-native property management software platform, has raised over $2 million in pre-seed funding. 

Investors 

The investment came from investors such as Shadow Ventures, key angels, prospective clients, and the founder's bootstrapping. 

MagicDoor Use of Funds 

The company will use the funds to expand its innovative features and accelerate growth. 

About MagicDoor 

Founded by Kasper Sogaard, MagicDoor provides an AI-powered property management software platform specifically designed to tackle the everyday challenges property managers face. The company leverages artificial intelligence (AI) to streamline and automate tasks traditionally handled manually by property managers and landlords. It offers a comprehensive all-in-one solution from the vacancy cycle to maintenance management to tenant communication. 

Funding Details 

Company: MagicDoor 

Raised: $2.0M+ 

Round: Pre-Seed 

Funding Date: October 2024 

Investors: Shadow Ventures, Angels, Prospective clients, Founder's bootstrapping 

Company Website: https://www.magicdoor.com/  

Software Category: Property Management 

Source: https://www.prnewswire.com/news-releases/magicdoor-launches-the-first-ai-native-property-management-software-platform-302293267.html

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