Our team at Redely, along with our industry experts, found themselves asking the same question after each private investment process was complete – "Why is this so complicated and time-consuming?". Traditionally, the private placement investment process is stressful and has a high administrative burden. Managing this process through email is extremely difficult to control and requires consistency across a large organization. For example, small private placement transactions typically take 1-3 weeks to complete after all Due Diligence, and larger transactions take up to 24 weeks. After working with several industry experts, we recognized that trusted relationships historically drive the industry, but there is no platform to maximize or drive ultimate efficiencies. We knew something had to be done, and that something became Redely.