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Prescient Announces $190 Million Strategic Investment Led By Long-Term Investors Eldridge And Je Dunn

May 03, 2021about 4 years ago

Amount Raised

$190 Million

Charlotte

Description

Prescient, an advanced architectural software and digital design company leveraging precision off-site manufacturing to enable construction, announced it has closed a $190 million strategic investment and bonding support led by long-term investors Eldridge and JE Dunn. Additionally, Security Benefit is providing bonding assistance to support Prescient's substantial development pipeline. The capital raised will serve to accelerate Prescient’s expansion and growth in the multifamily sector through continued investments in their technology platform.

Company Information

Company

Prescient

Location

Charlotte, North Carolina, United States

About

Prescient’s digital design-build system is an efficient, collaborative, turnkey approach used to plan, design and build multi-unit housing and hospitality structures.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech