"ProDeal Raises $4M for its Virtual Deal Room Platform for the Commercial Real Estate Industry "

It’s estimated that 47% of commercial real estate deals fail due to issues that surface during the due diligence phase.  Many surprises that are discovered post-transaction are the result of a poorly-designed due diligence process.  ProDeal is a cloud-based due diligence platform that’s built specifically for the commercial real estate industry, founded by industry insiders, to facilitate and centralize the process that can be quite cumbersome based on the sophistication of the deal.  Featuring the simplicity of popular productivity tools like Slack and Dropbox coupled with robust and automated workflows needed for commercial real estate transactions – large and small – ProDeal features virtual deal rooms that are secure and meet the needs of all stakeholders.  In 2021 alone, the company supported 10,000+ deal rooms and has facilitated $70B transactions since 2017 for users like Silverstein Properties, 54 Madison Partners, EasyKnock, and Fortress.