dealcloser Platform Growth Accelerates 307% Throughout 2021

Edmonton, AB (September 30, 2021) — dealcloser, a market-leading, all-in-one cloud-based transaction management workflow platform, today announces significant organizational, product and client-led growth throughout 2021.

dealcloser, a market-leading, all-in-one cloud-based transaction management workflow platform, today announces significant organizational, product and client-led growth throughout 2021. This is supported by an over-achievement on year-on-year key performance indicators, increased usage statistics and a perfect client NPS. This year, dealcloser has expanded platform functionality to include a revised and streamlined user interface, key document management system integrations, and enhanced secure electronic signature capabilities. dealcloser has also doubled its headcount while seeing a record number of documents, signatures and overall transactions processed and completed via the platform. 

“Our rapid growth across our entire business is a result of our team's hard work, agility, and our ability to listen and deliver on the fast-paced changes and requirements of the legal industry,” says Amir Reshef, CEO & co-founder, dealcloser. “dealcloser is now seen as a competitive and market-leading platform in the legal transaction management sector,” says Reshef. 

“So far this year we have seen 317% growth in the documents uploaded to our platform, a 296% increase in secure electronic signatures requested and obtained through our platform, an increase of 207% in the number of deals completed on dealcloser and finally, a 157% increase in the number of external collaborators invited to our platform. This usage occurred securely via the cloud, often remotely but ultimately anywhere and on any and every kind of device. These are superb user driven growth statistics.” says Dan Wales, Chief Growth Officer, dealcloser.

“Over the past year we have invested heavily in developing an intuitive, modern and powerful application that law firms, their clients, and collaborators are using to manage and complete their transactions with better accuracy, in quicker time, and with more efficiency,” says Mike O'Connor, CTO & co-founder, dealcloser. “Client feedback and the market embracing transaction management over the status quo has enabled us to enhance our overall product roadmap with exciting features and integrations that will deliver an improved user experience when managing and completing transactions,” says O'Connor.

Supported by a period of unprecedented levels of M&A activity in the legal market, along with law firms recognizing the need to implement proven technologies to enhance process optimization, operational efficiencies and client value, dealcloser is well positioned to achieve further success in the final quarter of the year.

About dealcloser
dealcloser was co-founded in Edmonton, Canada in 2017, by Amir Reshef and Mike O’Connor. dealcloser transforms workflows for corporate legal professionals working on deals by eliminating the soul-crushing manual labour that makes up a large part of the legal transaction process. With dealcloser, users can focus on what matters most: getting the best deal for their clients and closing on time.

Media Contact
Dan Wales
Chief Growth Officer, dealcloser
dan@dealcloser.com