MagicDoor
Founded 2023 · 14 employees on LinkedIn · 4 known investors
MagicDoor is an AI-native property management platform for property management companies, self-managed landlords, and multi-portfolio operators, with its Genie AI handling leasing, maintenance, accounting, tenant screening, and communication workflows. It automates tasks such as rent collection, tenant messaging, maintenance work orders, lease renewals, and trust accounting across portfolios of any size.
Founders & leadership
MagicDoor was founded in 2023 by Kasper Rune Sogaard.
KR
Kasper Rune SogaardinFounder
Investors · 4
Funding
SEC filings, press & company announcements$6.5M disclosed across 2 of 3 rounds · 2024–2025
- $4.5Mseed roundSep 2025 · 3 sources
Okapi Venture Capital (lead), Shadow Ventures (lead), Early Light Ventures, Motley Fool Ventures, VITALIZE Venture Capital
Source ↗ - $2MPre-SeedNov 2024 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Competitors · 8
by search overlapDoorloop700 shared keywordsDoorLoop is a cloud-based property management platform that combines rent collection, tenant screening, e-leases, maintenance, and accounting in one system, with AI automation across leasing, maintenance, and communications. It serves landlords, property managers, and real estate investors managing portfolios of any size.
Turbo Tenant481 shared keywordsTurboTenant provides tenant screening reports and rental application services for independent landlords managing rental property investments. The platform uses identity verification and background checks to help landlords evaluate prospective tenants.
Hemlane406 shared keywordsHemlane provides software and support services for managing rental properties, including tenant placement, AI-generated listings, tenant screening, rent collection, lease management, 24/7 maintenance coordination, and eviction assistance. It serves property owners, property managers, real estate agents, and brokerages across all 50 US states.
Steadily300 shared keywordsSteadily provides landlord insurance policies that protect rental property owners against property damage, liability claims, and lost rental income. It covers various property types including short-term rentals such as Airbnb and VRBO listings, serving residential landlords in the United States.
Zillow270 shared keywordsZillow operates an online real estate marketplace where consumers can search homes for sale and rentals across US and Canadian cities, view mortgage rate information, and access home financing through Zillow Home Loans. It covers residential property listings, apartments and houses for rent, and mortgage services nationwide.
Landlordstudio257 shared keywordsLandlord Studio is property management software for landlords that combines rental accounting, online rent collection, tenant screening, listing syndication, maintenance tracking, and Schedule E tax reporting in a single desktop and mobile app. It targets individual landlords and small rental portfolios as a lower-cost alternative to tools like QuickBooks, AppFolio, and Buildium.
Azibo217 shared keywordsAzibo is a property management platform that enables landlords to collect rent, screen tenants, manage leases, track maintenance, and handle accounting and tax preparation. The platform serves residential and commercial property owners of all portfolio sizes.
Avail185 shared keywordsAvail is an online property management platform for DIY landlords that provides rental listing syndication, tenant screening with TransUnion-powered reports, lawyer-reviewed lease templates, online rent collection, maintenance tracking, and accounting tools. It offers free basic tools plus a premium "Unlimited Plus" tier and is used by over one million landlords managing their own properties.
Companies competing with MagicDoor for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does MagicDoor do?
- MagicDoor is an AI-native property management platform for property management companies, self-managed landlords, and multi-portfolio operators, with its Genie AI handling leasing, maintenance, accounting, tenant screening, and communication workflows. It automates tasks such as rent collection, tenant messaging, maintenance work orders, lease renewals, and trust accounting across portfolios of any size.
- Who founded MagicDoor?
- MagicDoor was founded by Kasper Rune Sogaard in 2023.
- Who are MagicDoor's investors?
- MagicDoor's investors include Early Light Ventures, Motley Fool Ventures, Shadow Ventures, Okapi Venture Capital.
- How much funding has MagicDoor raised?
- MagicDoor has disclosed $6.5M raised across 2 of its 3 known rounds.