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Prudence

Prudence

Venture Capital and Private Equity Principals

Investing in transformative AI and software companies across multiple verticals in the built world.

About us

Prudence is an early-stage venture capital firm investing in transformative AI and software companies across multiple verticals, including construction, real estate and infrastructure. Prudence is headquartered in New York City. Learn more at www.prudence.vc.

Website
http://www.prudence.vc
Industry
Venture Capital and Private Equity Principals
Company size
2-10 employees
Headquarters
New York
Type
Partnership
Founded
2009
Specialties
Fintech, Digitally Native Brands, SAAS, and Marketplaces

Locations

Employees at Prudence

Updates

  • Prudence reposted this

    When 94% of enterprise pilots convert into customers that are dogmatic about ROI, you are doing something very right. Congratulations to Francesco Decamilli Emre Altinok and the entire Uniti team on closing their $12 million Series A! Since Prudence led the 2025 seed round, our conviction of Uniti’s trajectory has only strengthened and we are proud to meaningfully participate in the latest financing round.    Real estate is one of the world's largest and most operationally complex industries, yet many operators still rely on fragmented software, manual workflows, and large operations teams. Uniti is the agentic AI layer for global real estate operators. Rather than replacing existing systems, Uniti sits above them as an AI orchestration layer—coordinating every AI agent, customer interaction, and operational workflow through a single control plane, regardless of the underlying software stack.    The round accelerates Uniti’s expansion across self storage, senior living, multifamily, manufactured housing, and flexible workspace, bringing agentic AI to real estate’s most demanding portfolios. Uniti deploys AI agents that handle the full breadth of real estate workflows, from sales and leasing to support, maintenance, collections, payments, and reviews.  These sectors are massive, in need of trusted technology partners, and are adopting Uniti at a blistering pace. Congrats!

    Three years ago, Emre Altinok and I decided to build a company together. Today, that idea became a $12 million Series A, led by Pathlight, with continued support from all of our existing investors, new participation from MetaProp, and angel investors including Gokul Rajaram, Lenny Rachitsky, and Romain Huet. Emre and I met as freshmen at Yale and became close friends. After graduation, our careers went in opposite directions. Emre went deep into machine learning, I built mine in real estate. Nearly a decade later, those worlds converged. AI had reached an inflection point. For the first time, software could do the work - not just help people do it. The question became: where would that matter most? For me, the answer was obvious: real estate. Few industries are more operationally complex. Every year, more than $1 trillion is spent on the labor required to execute the same conversations, workflows, leases, maintenance requests, and support interactions across millions of properties. The best operators spend years refining those playbooks. They codify every process to deliver a consistent experience at scale. Then they grow. And that's when the operation starts fighting back. The systems that worked at 5 properties begin to break at 20. Conversations slip through the cracks. Growth should feel like progress. Too often, it feels like losing control. That’s what made AI feel so different. For the first time, technology didn’t have to replace the operator’s playbook - it could execute it. That’s why we built Uniti. Not to replace operators, but to help them scale what already makes them exceptional. Today, Uniti agents handle 300,000+ two-way conversations every month across self storage, senior living, manufactured housing, multifamily, and flex workspace. One number still amazes me: 94% of operators who pilot Uniti end up converting. Everything else has followed from earning that trust. This round lets us build faster. More agents. More integrations. More verticals. More operators scaling their secret sauce, on their own terms. To Emre: after more than a decade, I still wouldn't want to build with anyone else. To our team, customers, and investors — thank you for believing in what we're building. There's a lot left to build. Pathlight Mahdi Raza MetaProp Prudence Gavin Myers FLEX Capital Alate Partners Courtney Cooper Romain Huet Lenny Rachitsky Gokul Rajaram Observer Capital Alon Gorbonos Auren Hoffman 📚 Zach Aarons Emre Altinok Ross Partrich Brian Cohen Jonathan Wasserstrum Read the Axios story by Ryan Lawler and our blog post in the comments below. 👇 #SeriesA #RealEstate #PropTech #AIAgents

  • Prudence reposted this

    Three years ago, Emre Altinok and I decided to build a company together. Today, that idea became a $12 million Series A, led by Pathlight, with continued support from all of our existing investors, new participation from MetaProp, and angel investors including Gokul Rajaram, Lenny Rachitsky, and Romain Huet. Emre and I met as freshmen at Yale and became close friends. After graduation, our careers went in opposite directions. Emre went deep into machine learning, I built mine in real estate. Nearly a decade later, those worlds converged. AI had reached an inflection point. For the first time, software could do the work - not just help people do it. The question became: where would that matter most? For me, the answer was obvious: real estate. Few industries are more operationally complex. Every year, more than $1 trillion is spent on the labor required to execute the same conversations, workflows, leases, maintenance requests, and support interactions across millions of properties. The best operators spend years refining those playbooks. They codify every process to deliver a consistent experience at scale. Then they grow. And that's when the operation starts fighting back. The systems that worked at 5 properties begin to break at 20. Conversations slip through the cracks. Growth should feel like progress. Too often, it feels like losing control. That’s what made AI feel so different. For the first time, technology didn’t have to replace the operator’s playbook - it could execute it. That’s why we built Uniti. Not to replace operators, but to help them scale what already makes them exceptional. Today, Uniti agents handle 300,000+ two-way conversations every month across self storage, senior living, manufactured housing, multifamily, and flex workspace. One number still amazes me: 94% of operators who pilot Uniti end up converting. Everything else has followed from earning that trust. This round lets us build faster. More agents. More integrations. More verticals. More operators scaling their secret sauce, on their own terms. To Emre: after more than a decade, I still wouldn't want to build with anyone else. To our team, customers, and investors — thank you for believing in what we're building. There's a lot left to build. Pathlight Mahdi Raza MetaProp Prudence Gavin Myers FLEX Capital Alate Partners Courtney Cooper Romain Huet Lenny Rachitsky Gokul Rajaram Observer Capital Alon Gorbonos Auren Hoffman 📚 Zach Aarons Emre Altinok Ross Partrich Brian Cohen Jonathan Wasserstrum Read the Axios story by Ryan Lawler and our blog post in the comments below. 👇 #SeriesA #RealEstate #PropTech #AIAgents

  • Some news we’re very proud to share: Tony Rosenberg has been promoted to Vice President at Prudence. Over the past two years, Tony has been instrumental to our growth - advancing our thesis of investing in vertical AI across the built world, driving diligence on some of our most compelling investments, and building lasting relationships with founders and partners alike. His judgment, work ethic, and deep curiosity have made him an invaluable part of how we invest and how we operate. Please join us in congratulating Tony on this well-deserved milestone! Cc: Gavin Myers, Jordan Viniar, Melissa Landry Koller

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  • Prudence reposted this

    The very infrastructure getting built to power LLMs cannot use LLMs. Constructing data centers, their associated power generation and transmission, the roadways that access the locations -- all require a real world model that AI Clearing alone has built. The old way was to send a small army of inspectors that would take days or weeks to manually inspect. Then, General Contractors started flying drones over these massive construction sites, but yet, this drone data consisted of thousands of images and millions of LIDAR cloud points each flight. The only solution before was to send this data to low cost countries for data processing that was slow, inaccurate and costly. Today, AI Clearing can ingest and process that data in real time on AI models built in house. The product team at AI Clearing includes over 70 of the best AI data scientists, engineers and developers in Eastern Europe and their customers are the largest hyperscalers in North America. Their customers extend far beyond data centers. Utility scale solar, power transmission for utilities, roads, railways and more. They've grown 7x in the past 24 months on the back of solving real problems in the field of construction for customers who evangelize about them. I couldn't be prouder of what this team accomplishes every day. Full article below. https://lnkd.in/gfYqGQk9

    I've spent several years, together with Adam, my Co-Founder, watching solar contractors trust our AI Clearing  platform to verify what's been built on their sites. But most construction still does it by hand. I finally wrote down how solar got there first. The honest reason is unglamorous. The math no longer works. A utility-scale solar site can span more than 3,000 acres. By the time a superintendent finishes walking it with a clipboard, the crew has moved on to the next section. The site is also highly repetitive, with the same piles, torque tubes, modules, and trackers installed 40,000+ times, which is exactly the kind of pattern AI is good at checking. And especially in utility-scale solar, the schedule is tied to money. Miss a tax-equity or interconnection deadline, and a late defect costs millions. What keeps me up is how quickly those conditions are spreading. Data centers, pipelines, highways, HVDC transmission. Same scale, same repetition, same financial clock. One thing I want to say plainly, because it gets misread: we used this to free up our best superintendents, not to thin them out. The industry is losing experienced field people faster than schools can graduate them. Software lets the ones we have spend the day on the 40 components that require judgment rather than the 40,000 that don't. If you build large, repetitive projects on a tight schedule, I'd like to know whether you're experiencing the same issue. Solar Power World Full piece: https://lnkd.in/dkMzE3ya

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  • Prudence reposted this

    Announcing Fifth Dimension's $26M Series A, led by HV Capital ! I've been building technology in real estate and finance for nearly 20 years. For most of that career, the impact of the technology I was working on, whether that was automating mortgage valuation or pricing location risk, ended with a professional sitting at a desk with a PDF. The industry's addiction to unstructured data, PDF reports and complex spreadsheet models meant even the smartest technology couldn't go all the way. That changed with the advent of LLMs. The disparate intelligence I'd dreamed of capturing across my career became something we could actually work with. Kate and I realised that real assets, how decisions get made about the physical world around us, had the biggest opportunity to change of almost any industry. That was the genesis of 5D. The office block down the road. The data centre in Japan. The portfolio of shopping centres across the sunbelt. Every one of them sits behind weeks of analyst time, 767-document data rooms, and decisions still made across Excel, PowerPoint, SharePoint and a stack of disconnected tools. Generic AI tools haven’t been able to fix this as the work doesn't compress neatly into their way working. Decisions that shape where people live, work, and invest deserve better intelligence. We built Fifth Dimension to power decisions across real assets. Three years in, we've nailed product market fit. Trillions in assets are running on the platform. BXP, Inc., Realty Income Corporation, Peachtree Group, Madison International Realty, and dozens of other lighthouse logos across the US, UK and APAC use 5D every day to underwrite deals faster, draft IC memos, run portfolio analysis, and act on insights they couldn't see before. The Series A funds three things: 1. R&D and product development. Continuing to invest in engineering, agentic AI, and the proprietary IP that makes vertical AI perform at the level real assets demands. 2. Growing the team globally. We’re hiring across NY, London and Singapore, so we can be closer to customers wherever they operate. 3. Driving ROI from AI. Continuing to invest in the service layer that takes customers from the first conversation through full implementation. Thank you, Lina Chong and the HV Capital team, for leading this round, and to Prudence, Mercia Ventures, MMC Ventures and AFG Partners for joining. Special thanks to Speedinvest, Seedcamp and Anthemis Group for backing us since seed. Thank you to customers for trusting us with some of the most important decisions in their businesses. We're just getting started! Thank you to the team we've built across the world. Getting amazing people into the business has always been one of our priorities, and the exceptionally talented team we have today is a big part of what made this round possible. Your data already exists - let's put them to work. Book a demo here: https://lnkd.in/eWvF93-b

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  • Prudence reposted this

    Today, we are announcing Fifth Dimension's $26M Series A, led by HV Capital, to power every investment decision in real assets! 🎉🏢 Real estate is the world's largest asset class - yet most of it still runs on PDFs, spreadsheets and a dozen disconnected systems. Acquisitions, portfolio performance reports and refinancing decisions all rely on manual work and information pieced together from old investment committee papers, market reports, and internal memos. Johnny and I founded Fifth Dimension in January 2023 on a simple thesis: If you're going to invest in and manage property at scale, you need access to business intelligence that brings all your data together - to surface insights and risks in real time. To see around corners. Three years on, trillions in assets are now running on Fifth Dimension. We're working with enterprise customers across the US, UK and APAC, including BXP, Inc., Realty Income Corporation, Peachtree Group and Madison International Realty , with investment professionals logging into our platform every day to analyse asset performance, screen deals, build IC memos and make better-informed decisions. They're underwriting deals in 24 hours instead of weeks, deploying 5x more capital with the same team, and lifting NOI by more than 5%. Customers get going with us in two weeks. No migration required; we connect to a firm's existing systems. Knowledge compounds over time as processes are captured, standardised across teams, and inherited by new starters on day one, freeing professionals to focus on what they do best: judgment, relationships and strategy. This capital will help us double down the US market (where already 80% of revenue is today), grow our Asia Pacific presence from our Singapore office, and deepen the agentic capabilities behind the platform. Huge thanks to Lina Chong and the HV Capital team for leading this round, and to Prudence, Mercia Ventures, MMC Ventures and AFG Partners for joining. Special thanks to Speedinvest, and to @Seedcamp and Anthemis Group for backing us since the very first cheque. The firms moving fastest now will define the next decade of real assets. 🔮 If you’d like to be one of them, book a demo here: https://lnkd.in/eZ2Qdhdr

  • Prudence reposted this

    Fifth Dimension has raised $26M in a Series A led by HV Capital, with participation from Prudence, Mercia Ventures, MMC Ventures and AFG Partners, and continued support from Speedinvest, Seedcamp and Anthemis Group. The round accelerates expansion across the US and Asia Pacific, including a new Singapore office, and deepens the platform’s agentic AI capabilities for real assets investment decisions. Fifth Dimension connects to a firm’s existing systems, including Yardi, Dealpath and SharePoint, with no data migration required. The platform deploys in two weeks and immediately begins unifying structured data and unstructured documents into a single intelligence layer. From there, Ellie, Fifth Dimension’s agentic AI, prepares analysis, screens deals, drafts IC memos, monitors portfolio variance, and surfaces risk proactively. Every conclusion is sourced, cited and audit-defensible. Institutional knowledge compounds over time, inherited by new starters. Dr. Kate Jarvis, CEO & Co-founder, Fifth Dimension, said, "We are building the intelligence layer that this industry has never had. Firms that move now will define competitive advantage for the next decade." Lina Chong, Partner, HV Capital, said, "Real assets are the world’s largest, most complex asset class, yet the tech stack behind it hasn’t kept up. Fifth Dimension is building the layer operators have been missing, with the guardrails institutional capital requires." Douglas Hindson, Kit Woodhouse, Erin Isaac, Sian Jones, Rebecca Irish, Bianca Sarmatinean, Elenor Hodgson, Adam Smith, Rob Kaser, Nick Fisher, Nick Gatzoulis, Oscar Thorne, Brian Chung, Johnny Morris, Tom Hirst, Chen Wang, Ed Collins, Frederik Hagenauer, Thea Aviss 💡 200,000+ construction and proptech leaders stay ahead with weekly insights on AI, investment, and innovation. 👉 Sign up via the form at the bottom of the page linked above

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  • Prudence reposted this

    Today we're announcing our $26M Series A, led by HV Capital, with participation from Prudence, Mercia Ventures, MMC Ventures and AFG Partners, and continued support from Speedinvest, @Seedcamp and Anthemis Group. Real assets are the world's largest asset class. Yet decisions about trillions of dollars of property still get made across PDFs, spreadsheets and dozens of disconnected systems. Generic AI tools haven't solved this, because real assets are structurally more complex than other domains: years of financing, dozens of stakeholders, layers of covenant and compliance data. Fifth Dimension is the decision intelligence platform built for that complexity. We unify structured data and unstructured documents into a single intelligence layer, with agentic AI that prepares analysis, surfaces risk and delivers decisions proactively. Every output is traced to source. Every insight is verified. Trillions in assets now run through the platform. Firms including BXP, Inc., Realty Income Corporation, Peachtree Group and Madison International Realty use Fifth Dimension every day to work from a single source of truth instead of a dozen disconnected systems. The impact:
 • Underwriting complex deals in days, not weeks • Deploying 5x more capital with the same team • Lifting NOI by 5%
 The round accelerates expansion across the US, already 70% of revenue, and Asia Pacific, where we've opened a Singapore office. It also deepens the platform's agentic AI capabilities and the proprietary models purpose-trained on real estate workflows. Read the full story in Axios: https://lnkd.in/eie6UhaV Or on our blog: https://lnkd.in/eSpM-d-K

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  • Prudence reposted this

    View organization page for Rebar

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    Jordan Viniar, General Partner at Prudence, came in to speak to our team last week! Prudence led our Series A, and Jordan came in to share their investment thesis for Rebar and walk us through their broader view on investing in construction, real estate, and infrastructure. It was a great reminder of why this space is so exciting right now - the amount of value waiting to be unlocked in these industries is massive. Having investors who don't just write checks but show up, engage with the team, and share real conviction is something we don't take for granted. Thank you, Jordan! We're fired up.

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  • Prudence reposted this

    Open APIs are not a data strategy. They're better plumbing. 🚰 Yardi shipped an MCP connector. AppFolio launched a marketplace. Entrata rebuilt its API program. Each one was seen as progress. Then Brad Hargreaves' Thesis Driven survey put numbers on what operators actually experience day to day. No PMS scored above 6.5 out of 10 on openness. The lowest averaged just over 3. The data is moving. It just isn't connecting. Getting data out of a system and knowing what to do with it are two different problems. Multifamily has chipped away at the first one and ignored the second one almost entirely. That gap was tolerable when AI was just a chat widget. It's expensive now that 95% of AI pilots are failing, and the top reason cited is the inability to connect AI to the tools and datasets it needs. The operators pulling ahead aren't waiting for their proptech vendors to solve this. They're standing up warehouses they own and treating the data layer as strategic infrastructure. Wrote the full piece for Thesis Driven this week. Link in the first comment. What's the question your portfolio can't answer today because the data lives in five different systems? #MultifamilyData #DataIntegration #PropTech #MultifamilyAI #DataInfrastructure

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