Proptech company Moving Doors raises 6 million euros in series A funding

The proptech company Moving Doors, which manages over 500 serviced apartments for medium-term stays in Cyprus, has secured 6 million euros in a Series A funding round. This financing was led by the Greek private equity fund Golden Age Capital, which manages assets exceeding 200 million euros. Golden Age Capital will act as both a financier and a strategic partner to assist in the company's international expansion. Moving Doors plans to use the capital to rapidly grow its property portfolio and develop a proprietary real-time reporting platform for property owners. The company intends to leverage this funding to consolidate its presence in Southeastern Europe and expand its operations into Greece and neighboring markets. Moving Doors utilizes a digital, end-to-end management model that covers tenant screening, contracts, and payments. The firm currently promotes a business philosophy branded as 'Seamless Living' to manage its rental operations.