Prescient Co.

Overview
Activities
News
Prefab Tech?
Product stageSegments
Growth
?
Prefabricated commercial buildings and structures, Multifamily residential units
?

Prescient develops prefabricated buildings for residential apartments, senior living facilities, student housing, and the hospitality sector. The company’s factories, situated in Colorado and North Carolina, are automated robotic plants which manufacture components to be assembled on-site. The company also uses patented software and 5D building information modeling (BIM) to create a digital replica of the building to be manufactured. These are used to communicate manufacturing specifications across project teams. The prefabricated components are assembled on-site as indicated by the digital prototype. Prescient buildings are said to be resistant to fire, wind, seismic activity as well as termites. 

Its buildings are considered sustainable, as they are built to eliminate waste in the construction process. All components are made of 100% recycled steel, which also meets leadership in energy and environmental design (LEED) standards. By June 2021, the company had obtained more than 103 patents in 30 countries for its hardware and software systems with another 75 pending approval. Prescient has completed 63 buildings so far. 

In May 2021, the company received USD 190 million in strategic investment and bonding support from long-term investors Eldridge and JE Dunn, bringing its total funding to USD 295.4 million. The new capital was expected to be utilized to accelerate its expansion of the multifamily segment. 

HQ location:
1910 South Boulevard Charlotte NC USA
Founded year:
2012
Employees:
101-250
IPO status:
Private
Total funding:
USD 295.4 mn
Last Funding:
USD 190.0 mn (Private Equity; May 2021)
Last valuation:
USD 700.0 mn (Jul 2018)
Key competitors
Filter by the segments to which the disruptor belongs
All Segmentsexpand
 
Loading...
Loading...
Loading...
Loading...
Product Overview
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Product Metrics
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Company profile
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
-
Loading...
Loading...
Loading...
Loading...
Funding data are powered by Crunchbase
arrow
menuarrow
Click here to learn more
Get a demo

By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.