MagicDoor, an AI-powered property management software company, has raised over $2 million in pre-seed funding.
The funding came from Shadow Ventures, along with key angel investors, potential clients, and the company’s founders. It will use the money to develop new features for its software and boost sales, marketing, and customer onboarding efforts.
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Founded by Kasper Sogaard, it offers an AI-driven platform that brings all property management tasks into one place. By using AI, the platform helps property managers save time and improve efficiency by automating tasks. It has a simple pricing model of $2.50 per unit per month, with no extra fees, onboarding costs, or minimums.
About MagicDoor
MagicDoor is changing property management with its Cloud Property Management Platform. The platform helps property managers handle tasks like rent collection, tenant screening, maintenance requests, accounting, rental applications, property listings, and more.