We are proud to announce that PRODA has secured investment from the German-based VC Surplus Invest. Alongside funding to enable PRODA to scale, Surplus will provide expertise and access to their strong real estate network. Surplus was founded in 2016 and initially invested in B2B software as a service (SaaS) solutions across industries, before shifting focus to PropTech.
Jannis Roser, Managing Partner at Surplus Invest said: “PRODA is tackling a fundamental problem when it comes to efficient data and software use. We believe that due to the great technology and the outstanding founder team, PRODA can develop a new benchmark in their field of operation. We are proud to welcome PRODA to our portfolio.”
Peter Bredthauer, CEO and co-founder at PRODA, said: “With their real estate and technology heritage, Surplus are a great fit for PRODA. We believe that PRODA can become a foundational tool to support more efficient data and software use across commercial real estate and PropTech. This investment enables us to really accelerate development and move towards our goal.”