We are thrilled to share our latest case study with Blackstone. Here are some highlights. “After rigorous testing of numerous tools, it became clear that PRODA stood out as the ultimate solution for our needs. The time-savings and noticeable improvement in data quality we experienced were unparalleled. PRODA's innovative approach to data automation and machine-learning technology transformed how we access and analyze our portfolio data, offering us a competitive edge that truly feels like a leap forward in the industry.” Richard Ferrino, Senior Vice President, Technology and Innovations Blackstone’s implementation of PRODA has yielded: · 100% increase in speed of submitting, reviewing, and reporting on rent roll data · 100% of leased-based assets (4K+ assets) loaded into common, standardized, and certified data sets across Blackstone Real Estate’s European portfolio · 50% expansion of rent roll data points collected across all sectors in Blackstone Real Estate’s European portfolio Read the case study in full: https://lnkd.in/efHk97UV Book a free trial to test PRODA for yourself: https://lnkd.in/e9gvbYiN #assetmanagement #investmentmanagement #cre #realestate #proptech
PRODA LTD
Software Development
London, England 8,961 followers
Capture │ Extract | Standardize │ Analyze
About us
At PRODA, we are building AI-enabled software to automatically capture, standardise and quality check rent roll data. Our goal is to empower real estate professionals to quickly gain actionable insights from their data and use software more effectively. The commercial real estate industry relies on rent rolls as the core data source, but these are frequently inconsistent, inaccurate and inaccessible, posing challenges for real estate professionals. Through automated data standardisation, PRODA can: - Increase process efficiency, through faster report generation. - Improve data-driven decision making, by ensuring the accuracy of input data. - Enhance data access, by building repositories of clean, standardised data. In addition, PRODA easily integrates with existing systems, to ensure consistent dataflow through the whole organisation. Founded in January 2017 by the London-based property professionals Peter Bredthauer and Charles Williams, PRODA has a growing team of data analysts, designers and developers. To find out more, please visit www.proda.ai. You can get in touch over LinkedIn or at info@proda.ai.
- Website
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http://www.proda.ai
External link for PRODA LTD
- Industry
- Software Development
- Company size
- 51-200 employees
- Headquarters
- London, England
- Type
- Privately Held
- Founded
- 2017
- Specialties
- Innovation, Real Estate, PropTech, Machine Learning, and Data Standardisation
Products
PRODA
Machine Learning Software
Using PRODA is like hiring a rent roll processing expert who has experience at Blackstone, ING, Allianz, and 120 other commercial real estate companies, who completes tasks instantly, spots errors immediately, never stops learning, and never quits. Cleaning up messy rent rolls or tenancy schedules using spreadsheets takes hours/days. That’s time that could be spent using the data for analysis and decision-making activities. There’s also the risk of errors in the data that could cost the business significantly. And there's the frustration and stress of manually checking spreadsheets, line by line, to meet monthly or quarterly deadlines. PRODA automatically converts any rent roll data into the format you need. Get consistent, error-checked data all in one place, ready for analysis and upload into any system. Get up to 90% of your time back and turn your headache into a valuable asset. Want to see this in action? Talk to us: https://proda.ai/book-a-free-trial/
Locations
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Primary
Blue Fin Building, 110 Southwark Street
1st Floor
London, England SE1 0SU, GB
Employees at PRODA LTD
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Carl Nixon
Visual Basic for Applications (VBA) Engineer
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Laura Lopez Dominguez
Educational Technology Expert | Instructional Design Specialist | Product Education | Customer Training | Product Training | eLearning | Onboarding…
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Tommy Meany
Empowering real estate professionals to quickly gain actionable insights from their data and use software more effectively
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Phil White
Senior Cloud Engineer @ Apple | highly skilled engineer, meticulous and considered with a background in Devops and IaaC; advanced skills in…
Updates
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PRODA's been recognized as one of Europe's top 20 proptech companies on the #PropTechMap 2024! The #PropTech space is evolving rapidly, and exciting to see asset management solutions taking center stage - an area where innovation is truly making an impact. Thank you, BUILTWORLD and PwC Deutschland! #AssetManagement #RealEstate #DataAutomation #RentRolls
Congratulations to Europe's Top Top20 #PropTech companies in #AssetManagement as part of the 8th annual #PropTechMap, presented by #PwC Deutschland & together with Thomas Veith, David Rouven Moecker, Julian Hagenschulte & many more Startup Stage: - AlphaPrompt - Findable - Immofolia® - Wowflow - Simple CAFM Alternative Growth Stage: - askporter - Bidrento Property Management Software - bots4you GmbH - deskbird - docunite® | The first Real Estate DMS - Realcube - Reos GmbH - Residently - Seatti - Spaceti - Square Sense - ToolSense - TOWER360 - Enterprise Software Platform for Global Real Estate - Zonifero Expansion Stage: - PRODA LTD - Witco #RealEstate
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It's been fantastic catching up with everyone we've met throughout 2024 at conferences, side events, or virtually. Grateful for the continued support and trust, and looking forward to providing bigger, better solutions for real estate in the coming months. Watch this space✨ May this festive season bring you and your loved ones peace, joy, and a little extra sparkle. Happy holidays!
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🎄What’s better than unwrapping gifts during the holidays? Unwrapping gifts you really want. With PRODA, you can: ✅ save hours previously spent wrestling with rent roll data ✅ cut costs by ditching manual errors ✅ impress your team with accurate insights (who doesn’t love a hero?) This year, skip the socks and scented candles – give yourself the gift that keeps on giving🎁 #CRE #RealEstate #AssetManagement #InvestmentManagement #RealEstateLending
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U.S. banks are navigating a challenging landscape in commercial real estate. According to a recent analysis by Florida Atlantic University, over 60 major banks in the U.S. have CRE exposures exceeding 300% of their total equity. This level of exposure heightens risk, especially in an environment of fluctuating property values and potential loan defaults. Truly understanding your exposure to #CRE loans starts with access to accurate, standardized property data – whenever you need it. In today’s market, good data isn’t just important – it’s essential. Want to learn how PRODA can support your property data management? DM Zachary Toubman to find out more. #Banking #RealEstateInvesting #InvestmentLending #CreditRisk
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In New York and attending ICSC? Don’t miss the chance to meet with Head of North America, Zander Geronimos, and discuss how PRODA is transforming property data management. Whether you're focused on improving data accuracy, aggregating your data for better insights to optimize portfolios, or scaling operations, get in touch to see how PRODA can help. #CRE #RealEstate #AssetManagement
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We’re excited to welcome Antoine Paul as our new Head of EMEA! Antoine brings a wealth of experience in #CRE and technology-driven strategies. He previously served as Sales Director for Western Europe at Equiem, a leading tenant experience platform for CRE owners and operators, where he spearheaded growth initiatives across the region. Before that, Antoine was Director at the GRI Club where he launched the Club in Europe, organizing key industry summits such as Europe GRI. Antoine will drive PRODA’s growth and market strategy across the EMEA region, helping real estate professionals optimize the value of their property data. Welcome to the team, Antoine – we’re thrilled to have you on board! #PropTech #CommercialRealEstate #RealEstate #GRIClub
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Happy Thanksgiving to our American friends and colleagues. Wishing you and your families a wonderful holiday filled with gratitude, joy, and good food! #Thanksgiving
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What a week it was with partners and friends and the PRODA LTD team – Peter Bredthauer, Zachary Toubman and Zander Geronimos – in the Big Apple during #CREtechNewYork2024, discussing property data fundamentals and the practical application of AI. A big thank you to all for making it an amazing series of events: the team at CREtech and MetaProp for hosting the week, great partners GoodWin Law, and especially Jeff Klein, Brian Lerman, and Jaime Russell, for the ice hockey game, and to Blackstone, CBRE Investment Management, CBRE, Hines, Starwood Capital Group, BGO, Jamestown, SurfaceAI, Brookfield, Brookfield Properties, PGIM Real Estate, Almanac Realty Investors, JLL, Get 100, Royal Norwegian Consulate General in New York, Consulate General of Sweden in New York, Proptech Norway, Proptech Innovation, Innovation Norway, and the Ministry of Foreign Affairs of Denmark, Swedish Energy Agency, the The Swedish-American Chamber of Commerce - New York, PropTech Sweden, and the Stockholm Business Region, and to Ryan Elazari and the students at Baruch College #RealEstate #CRE #Proptech #RealEstateLending #RealEstateTech #RealEstateInnovation
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PRODA LTD’s Head of North America, Zander Geronimos, is speaking at the Real Estate Entrepreneurship class at Baruch College, Zicklin School of Business, led by the esteemed “CRE Unplugged” Co-founder, Head of Innovation at Empire Management, and adjunct lecturer, Ryan Elazari. MBA and MS in Real Estate students on the course focus on developing real estate products or services, culminating in a business plan and pitch deck presented to a panel of industry judges. Looking forward to meeting the students and professionals who'll be attending! 🎤 Real Estate Entrepreneurship 📆 Today, 6pm 📍 Room 116, 12th Floor, Baruch Vertical Campus, 55 Lexington Avenue, NY 10010 #RealEstate #CRE #Proptech #RealEstateLending #RealEstateTech