Fundraising Fox
/Companies
Sign in

Magic Door

Las Vegas, US · Founded 2023 · 14 employees on LinkedIn · 4 known investors

Find your way into Magic Door

Sign up to see every warm intro you have to Magic Door

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Magic Door team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Sign up with GoogleAlready have an account? Log in

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.

AI & Machine LearningPropTechSaaS

Founders & leadership

Magic Door was founded in 2023 by Kasper Rune Sogaard.

KRKasper Rune Sogaard
Kasper Rune SogaardFounder & CEOFounder at MagicDoor

Board

AL
Ann LuthBoard director
YA
Yingmei Ao SogaardBoard director

Investors · 4

Motley Fool Ventureslisted by Motley Fool VenturesAlexandria · $1M – $2M

How we know: finance.yahoo.com · the VCSheet dataset · Not right? Tell us

Okapi Venture Capitallisted by Okapi Venture CapitalNewport Beach · $750K – $3M

How we know: Okapi Venture Capital's portfolio page · funding news · finance.yahoo.com · Not right? Tell us

Shadow Ventureslisted by Shadow VenturesAtlanta

How we know: Shadow Ventures's portfolio page · funding news · feedtheai.com · Not right? Tell us

Funding

SEC filings, press & company announcements

$6.6M disclosed across 2 of 3 rounds · 2024–2025

▶$4.6MraisedAug 2025 · 23 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ann LuthDirector
  • Yingmei Ao SogaardDirector
  • Kasper Rune SogaardExecutive Officer, Director
Offering amount
$4.6M
Amount sold
$4.6M
First sale
Jul 2025
Incorporated
Corporation, Delaware, 2023
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Related companies · 8

DoorloopDoorLoop 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 TenantTurboTenant 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.
HemlaneHemlane 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.
SteadilySteadily 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.
ZillowZillow 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.
LandlordstudioLandlord Studio is a cloud-based accounting and property management platform designed for rental property owners to track income and expenses, generate tax reports including Schedule E filings, and manage tenant communications. The software serves individual landlords and property managers who need to organize their rental portfolios and simplify tax compliance with IRS-aligned financial reporting.
AziboAzibo 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.
Avail (fka Rentalutions)A messaging platform feature for property managers and rental companies that links conversations to tenant lifecycle stages and provides filtering and alert capabilities.

Companies working in the same space as Magic Door.

In the news

MagicDoor Raises $4.5 M in Seed Fundingfinsmes.com · Sep 2025AI that never sleeps: MagicDoor raises $4.5 M seed round to put property management on autopilotfinance.yahoo.com · Sep 2025MagicDoor Raises Over $2 Million in Funding | The SaaS Newsthesaasnews.com · Nov 2024MagicDoor Raises Over $2M in Pre-Seed Fundingfinsmes.com · Nov 2024

Frequently asked questions

What does Magic Door 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 Magic Door?
Magic Door was founded by Kasper Rune Sogaard in 2023.
Who are Magic Door's investors?
Magic Door's investors include Early Light Ventures, Motley Fool Ventures, Okapi Venture Capital, Shadow Ventures.
How much funding has Magic Door raised?
Magic Door has disclosed $6.6M raised across 2 of its 3 known rounds.
Where is Magic Door headquartered?
Magic Door is headquartered in Las Vegas, US.