ProDeal is a CRE-focused virtual data room and transaction management platform that combines due diligence tracking, document sharing, and closing workflow into a single workspace. Founded 2016, HQ Fort Lauderdale. NAR REACH accelerator graduate. $4M growth round (led by Pretium). ~20 employees. SOC 2 audited annually, SEC Rule 17g-5 compliant. Case studies include Silverstein Capital Partners ($528M construction loan, $750M+ total transactions) and FRB Realty. Positions itself as purpose-built for CRE closings — replacing email chains, shared drives, and generic file-sharing tools. VDR includes granular permissions, Q&A workflows, and automated audit trails. $50B+ in deals facilitated across 1,200+ organizations. Not a general-purpose VDR — narrowly focused on commercial real estate due diligence and closing. Legal users are typically real estate attorneys coordinating multi-party closings, not the primary buyer persona (which is CRE deal teams and lenders).
Company Info
- Founded: 2017
- Team size: 11-50 employees
- Funding: $12.3M
- HQ: United States
- Sector: Document Management & Storage
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