Ori Tamuz isn’t the kind of founder who romanticizes fundraising.
“For me, a great company is one that makes a lot of money and doesn’t need to raise money,” he told Refresh Miami.
Yet when customers flooded DoorLoop’s website after launch, Tamuz realized he’d built something too big to bootstrap. Two years and $100 million later, his Miami-based startup is rewriting how property management works, one rent payment at a time.
DoorLoop started with a simple idea: make property management software that normal people could actually use. “Most property management systems are really just accounting software in disguise,” Tamuz said. “But a lot of property managers aren’t accountants.”
That gap turned into a massive opportunity. Launched in 2021 by Tamuz alongside co-founders David Bitton, Matt Cave, Itay Gardi, and Adam Mait [pictured above], DoorLoop quickly took off among property managers who wanted an easier, faster way to handle rent collection, maintenance requests, and tenant communication. Within months, they saw more demand than they could handle: a shift that convinced Tamuz to take outside capital for the first time in his career.
He’d already sold two Miami-based companies – a point-of-sale platform and a legal software firm – both bootstrapped. But DoorLoop’s momentum called for scale.
“We raised $20 million from the same investors who bought our last company,” Tamuz said. “We used that to grow the product, and a year later, we raised $100 million from JMI Equity to take it to the next level.”
Today, DoorLoop has more than 220 employees, about half of whom work from its headquarters. “I’ve been in Miami for 16 years,” Tamuz said. “When I started my first company, it was really hard to find tech talent. Now, thanks to everyone who’s moved here, it’s much easier. You can really feel the change, not just in tech, but when you look at the skyline.”
That talent influx has helped DoorLoop tackle what might be its biggest breakthrough yet: artificial intelligence. The company’s new AI Assistant automates everything from rent reminders to maintenance issues, even walking tenants through troubleshooting. “If your AC breaks at 10 p.m., our AI can guide you through fixing it,” Tamuz explained. “If it can’t, it summarizes the problem, prioritizes it, and assigns it to the right technician automatically.”
So far, the system resolves about 60% of tenant issues without human help. And that’s just the beginning. “We want DoorLoop to evolve from software into a team of AI agents,” Tamuz said. “One will handle maintenance, another bookkeeping, another communications, another leasing. We want to be the operating system for property management.”
Even as DoorLoop scales, Tamuz still leans on the bootstrapping lessons that shaped his earlier companies. “When you’re bootstrapped, you’re forced to go to market fast,” he said. “You build the minimum product people will use, and then you listen. That’s how you find product-market fit.”
It’s a philosophy that’s guided DoorLoop from scrappy startup to nine-figure powerhouse. And Tamuz believes Miami has played a quiet but critical role in that success.
“You can do more with less here,” he said. “You get great talent, great quality of life, and you can actually build sustainably.”
For a founder who’s watched Miami evolve from tech desert to startup capital, DoorLoop’s rise feels like a full-circle moment. “I’m proud that we’re part of this city’s transformation,” Tamuz said. “When I see what Miami has become, I know we built this company in exactly the right place.”
Pictured at the top of this post: Doorloop co-founders, from left: David Bitton, Matt Cave, Ori Tamuz, Itay Gardi, Adam Mait.
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