Magic Door
Las Vegas, US · Founded 2023 · 14 employees on LinkedIn · 4 known investors
Find your way into Magic Door
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
Magic Door was founded in 2023 by Kasper Rune Sogaard.
KR
Board
AL
Ann LuthBoard director
YA
Yingmei Ao SogaardBoard director
Investors · 4
Funding
SEC filings, press & company announcements$6.6M disclosed across 2 of 3 rounds · 2024–2025
- $2MPre-SeedNov 2024 · 3 sourcesSource ↗
▶$4.6MraisedAug 2025 · 23 investors · Other TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 8
by search overlap
Doorloop700 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 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.
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 keywordsA messaging platform feature for property managers and rental companies that links conversations to tenant lifecycle stages and provides filtering and alert capabilities.
Companies competing with Magic Door for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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.