Prescient Closes Series E Capital Raise Led by Eldridge Industries at Valuation of $650 Million

DURHAM, N.C., July 23, 2018 (GLOBE NEWSWIRE) — Prescient, a fully integrated BIM design and building technology platform that uses a proprietary system to dramatically reduce the time and cost of constructing multi-unit housing, today announced it has closed a Series E funding round of $50 million at a pre-money valuation of $650 million. The round was led by Eldridge Industries, a private investment firm headquartered in Greenwich, CT.

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