DoorFeed Secures €12M Funding to Revolutionize European Residential Real Estate

In a significant move, proptech company DoorFeed, founded by seasoned entrepreneur James Kirimy, has successfully raised €12 million in its latest seed funding round. Backed by prominent investors such as Motive Ventures, Stride, and Seedcamp, DoorFeed is gearing up to establish itself as the go-to partner for institutional investors eyeing the European residential real estate market. The company plans to utilize the funding to further its European expansion, with a particular focus on Spain, Germany, and the UK.

DoorFeed, established in 2021, aims to streamline real estate investment, making it as effortless as trading stocks. James Kirimy, CEO of DoorFeed, expressed the company’s commitment to institutionalizing the residential real estate market and playing a pivotal role in addressing the housing crisis across Europe. The recent surge in real estate prices and heightened tenant demand, coupled with a shortage of rental supply in major cities, presents a lucrative investment environment for DoorFeed.

The company’s comprehensive service platform employs innovative technology and data analytics to create tailored portfolios for institutional investors. DoorFeed’s software, powered by artificial intelligence and machine learning, scans thousands of real-time sources in the European residential sector, identifying 100,000 daily investment opportunities. The platform’s success has attracted support from Motive Ventures, with Ramin Niroumand, Partner & Head of Motive Ventures, expressing confidence in DoorFeed’s ability to bring innovation to the real estate market.

DoorFeed’s strategic positioning and innovative approach come at a time when institutional investors are seeking solutions to shift capital from commercial to residential real estate. With plans to enhance its platform and expand operations, DoorFeed is poised to reshape the landscape of European residential real estate.