What is Doorstead?
Established in 2019 and headquartered in San Francisco, CA, Doorstead operates as a comprehensive property management brokerage. The company's core offering is to provide cash-flow certainty to owners of rental properties. By leveraging technology and a full-service approach, Doorstead aims to streamline property management, mitigate risks for landlords, and ensure consistent financial returns. The company's business model is designed to address the complexities and uncertainties often associated with real estate investments.
How much funding has Doorstead raised?
Doorstead has raised a total of $37.5M across 4 funding rounds:
Angel/Seed
$3.3M
Debt
$150K
Series A
$12.5M
Series B
$21.5M
Angel/Seed (2019): $3.3M with participation from SOMA Capital, Venture Reality Fund, Silicon Valley Data Capital, and M13
Debt (2020): $150K led by PPP
Series A (2021): $12.5M supported by Madrona Venture Group
Series B (2023): $21.5M featuring Avanta Ventures, M13, MetaProp, and Madrona Venture Group
Key Investors in Doorstead
Avanta Ventures
Avanta Ventures is the venture capital arm of CSAA Insurance Group, focusing on innovative investments in the insurance industry and related sectors, particularly early-stage US-based startups in Insurtech and Mobility.
M13
M13 is an early-stage venture capital firm that invests in seed and Series A rounds, supporting visionary founders in building category-defining software companies with a team of experienced operators.
MetaProp
MetaProp is a venture capital firm specializing in real estate technology (PropTech), with a significant portfolio of investments across the real estate value chain and a strong focus on innovation hubs and industry events.
What's next for Doorstead?
The recent major strategic investment in Doorstead signals a pivotal phase for the company, likely focused on scaling its operations, enhancing its technology platform, and expanding its market reach. With a clear trajectory from its Angel/Seed round in 2019 through Series A and now a substantial Series B, Doorstead is well-positioned to further solidify its market leadership. Future developments may include broader geographic expansion, integration of advanced analytics for predictive cash-flow modeling, and strategic partnerships within the real estate and financial technology sectors.
See full Doorstead company page
