Prescient
Prescient is a Charlotte, NC-based architectural software and construction technology company founded in 2012 that uses precision off-site manufacturing to deliver prefabricated building solutions for the multifamily construction sector.
- Company typePrivate
- Founded2012
- HeadquartersCharlotte, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
What Prescient does
Prescient is a Charlotte, North Carolina-based architectural software and construction technology company founded in 2012 that applies precision off-site manufacturing to enable multifamily construction. The company operates a technology-enabled construction platform focused on the multifamily sector, combining proprietary architectural design software with digital fabrication and prefabrication methods to compress building timelines and reduce unit costs relative to conventional site-built construction. Prescient targets enterprise customers in the multifamily real estate development market and is led by co-founder Satyen Patel (Executive Chairman), CEO Magued Eldaief, President Michael Lastowski, CFO Sunil Ghatnekar, and CMO Rich Pond, with a total headcount of 101-250 employees.
The company's commercial model is structured around enterprise field sales, with distribution augmented by strategic capital and channel partnerships with Eldridge Industries (a repeat lead investor) and JE Dunn Construction (a top-tier U.S. general contractor). Prescient has raised approximately $295 million across six disclosed funding rounds between 2012 and 2021, with the $190 million May 2021 strategic round co-led by Eldridge and JE Dunn — and supported by bond financing from Security Benefit — directed explicitly at accelerating expansion within the multifamily construction sector. The recurring-investor pattern and the move from sub-$10M seed rounds to a $190M strategic round indicate validated commercial traction and institutional confidence in the platform.
Note on data scope: the input corpus aggregates several distinct firms that share the "Prescient" name across geographies — a South Africa-rooted fund administration business administering $114 billion in client assets, a Chicago-based digital intelligence and DFIR firm, a healthcare technology subsidiary backed by Bridgepoint, and a real estate capital arm developing a £60 million office project in Leeds. These entities are not operationally integrated with the Charlotte construction technology business that is the subject of this profile and have been excluded from the analysis above.
Prescient firmographics
Firmographics- Name
- Prescient
- Legal name
- Prescient
- Website
- https://prescientco.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Prescient is a Charlotte, NC-based architectural software and construction technology company founded in 2012 that uses precision off-site manufacturing to deliver prefabricated building solutions for the multifamily construction sector.
- Ownership category
- akta.pro rank
Prescient industry classification
Industry- Product category
- Construction Technology
- NAICS
- Prefabricated Metal Building and Component Manufacturing (332311), Architectural and Structural Metals Manufacturing (3323), Structural Steel and Precast Concrete Contractors (23812)
- SIC
- Fabricated Structural Metal Products (3440), Prefabricated Metal Buildings & Components (3448)
- akta.pro primary industry
- Residential Modular & Prefabricated Home Construction (IMAFABAF)
- akta.pro secondary industries
- Structural Steel Fabrication (IMADACAA), Residential Design-Build & Renovation-Integrated Builders (IMAFABAE), Prefabricated Engineered Wood Building Components (Trusses, SIPs, EWP Kits) (IMAMACAJ)
Keywords
Where Prescient is headquartered
LocationHeadquarters
- HQ city
- Charlotte
- HQ country
- United States
- HQ region
- North America
Offices5 records
Markets served
Prescient business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales
Revenue model
- Fund Administration Services: Prescient Fund Services provides fund administration for South African and international clients, administering $114 billion in client assets across multiple jurisdictions including South Africa, Ireland, and Guernsey.
- Construction Technology: Prescient (construction tech) generates revenue through technological solutions for the multifamily construction sector, accelerated by $190 million strategic investment.
- Digital Intelligence and Risk Advisory: Prescient (Chicago) provides testifying cyber expert services, DFIR, cyber advisory, and cyber threat intelligence services to enterprise clients.
Go-to-market motion4 records
Distribution channels4 records
Marketing channels2 records
Prescient product offering
Product offeringCore offering
Prescient designs and manufactures prefabricated structural building systems for multifamily construction projects using proprietary architectural software and precision off-site manufacturing. The company delivers standardized structural components produced in a controlled factory environment, enabling shorter build timelines and reduced costs for developers and general contractors operating in the multifamily housing sector.
Product overview
Prescient operates as a diversified technology and services group spanning multiple distinct business units. The construction technology division (Prescient) offers technology-enabled prefabricated construction services for the multifamily sector. The fund services division (Prescient Fund Services) provides global fund administration with $114 billion in assets under administration. Prescient China operates ETF products including the PANDA actively managed ETF on the JSE. The cybersecurity division offers digital forensics, incident response, and risk advisory services. These operations function as separate business units under the Prescient Group umbrella rather than a unified product platform.
Differentiator
Problem solved
Functional benefit
Brands
- Prescient China Balanced Feeder Actively Managed ETF: First China-focused actively managed ETF listed on the Johannesburg Stock Exchange under ticker PANDA, providing diversified exposure to Chinese assets including onshore and offshore equities, government and corporate bonds, and derivatives.
Products and services
- Prescient Prefabricated Multifamily Construction Platform
Companies that use Prescient
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles1 record
Prescient technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Prescient partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Obsidian Fund Services LimitedcorePrescient Group acquired Obsidian Fund Services Limited in Guernsey, strengthening its global fund services offering. The Obsidian team will be integrated into Prescient Fund Services.
- Clegg ConstructionminorClegg Construction is the contractor for Prescient Capital's £60 million office development at 31 Wellington Street in Leeds.
- Knight FrankminorKnight Frank markets Prescient Capital's 80,000 sq ft Grade A office development in Leeds.
- Fox Lloyd JonesminorFox Lloyd Jones markets Prescient Capital's office development at 31 Wellington Street, Leeds.
- AC7minorAC7 markets Prescient Capital's £60 million Grade A office development in Leeds city centre.
Scale indicators6 records
Recent moves8 records
Expansion highlights5 records
Prescient competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Prescient social profiles
Digital presencePrescient financial estimates
Financial estimateRevenue estimate
Valuation estimate
Prescient leadership team
Management profileNumber of profiles
Profiles8 records
Prescient subsidiaries and ownership
Company hierarchySubsidiaries4 records
Prescient funding detail
Funding detailFunding overview
Funding rounds6 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Prescient M&A and investment
M&A and investmentM&A
Investments3 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Prescient
What does Prescient do?
Prescient designs and manufactures prefabricated structural building systems for multifamily construction projects using proprietary architectural software and precision off-site manufacturing. The company delivers standardized structural components produced in a controlled factory environment, enabling shorter build timelines and reduced costs for developers and general contractors operating in the multifamily housing sector.
Is Prescient a public or private company?
Prescient is a private company. It is classified as venture growth investor backed and is currently operating.
When was Prescient founded?
Prescient was founded in 2012. It employs 101 to 250 people.
Where is Prescient based?
Prescient is headquartered in Charlotte, United States, in the North America region.
How does Prescient make money?
Three revenue lines are on record. Fund Administration Services are the primary driver. The others are construction Technology and digital Intelligence and Risk Advisory.
Does Prescient have an API?
No public API is recorded for Prescient.
What industry is Prescient in?
Prescient's product category is Construction Technology. Its primary akta.pro industry code is IMAFABAF, Residential Modular & Prefabricated Home Construction, with a secondary code of IMADACAA, Structural Steel Fabrication. Its NAICS code is 332311 and its SIC code is 3440.