Friday, April 1, 2022

AlleyWatch

AlleyWatch


The 7 Largest NYC Tech Startup Funding Rounds of March 2022

Posted: 01 Apr 2022 06:27 AM PDT

Everything you need to need to know about the largest NYC startup funding rounds of March 2022; broken down by industry, stage, investors, and more…

The AlleyWatch Startup Daily Funding Report: 3/31/2022

Posted: 31 Mar 2022 08:27 AM PDT

Seven deals, $190M in new funding, and three transactions you will not find anywhere else. The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 3/31/2022 featuring funding details for Chief, Black Crow AI, and much more

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

Posted: 31 Mar 2022 06:27 AM PDT

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. AlleyWatch caught up with ProDeal COO Patrick Janson to learn more about the inspiration for the business, the company's strategic plans, latest round of funding from investors that include Pretium and Second Century Ventures.

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