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Rent Roll Data Automation Company Gets $8M

The Series-A round features some big names in real estate.

By Erik Sherman | July 08, 2022 at 07:49 AM

PRODA, which has software to automate capture and processing of rent roll data, recently announced the completion of an $8 million Series-A fundraising round. The money will go to scaling up the company.

Leading the round was existing investor ING Ventures. New investors included JLL Spark, Blackstone Innovations Investments, and Concrete VC. The company believes that having such heavy commercial real estate hitters backing it will help establish its credibility and expand its reach. PRODA claims to be in 16 countries currently

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