Proptech startup DoorLoop has raised $100 million in funding to expand its workforce and research and development operations in Tel Aviv. The Israeli-founded company plans to quadruple its workforce in Tel Aviv and increase its research and development team from 50 to 200 employees over the next 18 months. DoorLoop's software platform automates property management processes for residential and commercial properties primarily in the US market. The funding round was led by US investment fund JMI Equity, bringing DoorLoop's total funding raised to $130 million.
image sourced from original article at https://www.timesofisrael.com/proptech-startup-raises-100-million-to-drive-hiring-spree-despite-ongoing-war/Original article source: https://www.timesofisrael.com/proptech-startup-raises-100-million-to-drive-hiring-spree-despite-ongoing-war/
Source Id: 2024-10-529783263
