DoorLoop, a proptech company that develops rental property management software, announced that it raised $20 million in a Series-A funding round. Backing the round was Alpine Software Group (ASG), a portfolio company of Alpine Investors that buys and builds vertical SaaS companies.
This comes after a $10 million round raised a year ago from the company's founders and some private investors, making for a total of $30 million in funding so far.
The company has grown from 40 employees in 2021 to 50 now "with 400% growth in revenue," although without having any numbers presented, that could be impressive or quite modest, depending on the baseline.
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