Prudence

AI Clearing, the AI-powered Progress Tracking and Quality Control Platform for the Construction Industry Announces a $14mm Series A Led by Prudence

Retrieved on: 
Monday, October 2, 2023

They typically have budgets in the hundreds of millions of dollars, with millions of items to be constructed or installed on-site.

Key Points: 
  • They typically have budgets in the hundreds of millions of dollars, with millions of items to be constructed or installed on-site.
  • This was insufficient for accurate project control and often resulted in substantial budget overruns, delays, and disputes between the involved parties.
  • AI Clearing’s technology is fully automated and compares the on-site progress to the design, budget, and schedule.
  • With cutting-edge solutions designed to enhance construction project efficiency and outcomes, AI Clearing is revolutionizing how construction projects are managed and executed.

KOCCA Hosts the 3rd KITE: K-POP in the Emirates in Dubai

Retrieved on: 
Wednesday, September 28, 2022

Korea Creative Content Agency (President & CEO Hyunrae Jo, hereinafter KOCCA) and the Korean Cultural Center (Director: Chan-woo Nam) are co-hosting the 3rd KITE: K-POP in the Emirates on October 2 at The Agenda in Dubai Media City.

Key Points: 
  • Korea Creative Content Agency (President & CEO Hyunrae Jo, hereinafter KOCCA) and the Korean Cultural Center (Director: Chan-woo Nam) are co-hosting the 3rd KITE: K-POP in the Emirates on October 2 at The Agenda in Dubai Media City.
  • The KITE, marking its third-year performance in the UAE, has specially invited K-POP soloists Rain and Heize to celebrate the opening of the KOCCA UAE in Dubai.
  • With the first full solo album N001, Rain has become a pioneer of K-POP world stars.
  • XR metaverse performances will be on the virtual stages by the artists in Korea performing in front of Burj Khalifa, Dubai.

VendorPM Closes $20M Series A To Scale Commercial Real Estate Vendor Marketplace Across North America

Retrieved on: 
Tuesday, August 23, 2022

In doing so, VendorPM will address the strong market demand as well as support their expansion into additional U.S. markets including Chicago, IL and Washington, DC.

Key Points: 
  • In doing so, VendorPM will address the strong market demand as well as support their expansion into additional U.S. markets including Chicago, IL and Washington, DC.
  • Building managers use VendorPM for its modern, standardized approach to vendor management, sourcing, procurement and compliance.
  • VendorPM is a software-enabled marketplace that modernizes how property managers work with vendors through enhancing vendor management, sourcing, procurement & compliance.
  • Prudence is an early-stage venture capital firm investing in technology companies leading the global transformation of the real estate sector.

Properly Raises $36M CAD in Financing to Accelerate Transformation of Canadian Real Estate

Retrieved on: 
Monday, August 8, 2022

As a leader in providing tech-enabled real estate solutions for Canadians, Properly becomesbest funded and fastest growing real estate startup in Canada

Key Points: 
  • As a leader in providing tech-enabled real estate solutions for Canadians, Properly becomesbest funded and fastest growing real estate startup in Canada
    TORONTO, Aug. 8, 2022 /CNW/ - Today, Properly announces a $36 million CAD financing round, strengthening its leadership role in the transformation of the Canadian real estate industry.
  • Properly is a Canadian technology-enabled real estate brokerage offering a new approach to real estate.
  • With this expansion, Properly is positioned to become the real estatepartner of choice for more than 50% of the total Canadian real estate market.
  • Properly is a new kind of real estate company that is transforming the real estate experience forCanadians with innovative tools, services and technology that take the stress out of real estate.With a mission to make real estate customer-centric, Properly strives to create a future wherethe real estate experience is seamless and involves dramatically less friction.

Hemlane lands another $9 million to enable remote property management

Retrieved on: 
Wednesday, January 19, 2022

The all-in-one property management platform announced today that it closed $9 million in funding co-led by Asymmetric Capital Partners and Prudence, with participation from Aglae Venturesand State Farm Ventures.

Key Points: 
  • The all-in-one property management platform announced today that it closed $9 million in funding co-led by Asymmetric Capital Partners and Prudence, with participation from Aglae Venturesand State Farm Ventures.
  • "The challenge with traditional property management is that landlords were forced to choose between either full service or do-it-yourself; both are inherently flawed," says Dana Dunford, Co-Founder and CEO of Hemlane.
  • We've seen validation of our business model as we take share from traditional property management and attract landlords who have yet to find an attractive property management solution."
  • Rated #1 in property management by Gartner last year, the company is currently processing nearly $200 million in annualized payments.

DALBAR Responds to Flawed DOL ESG Proposed Regulation

Retrieved on: 
Tuesday, December 14, 2021

MARLBOROUGH, Mass., Dec. 14, 2021 /PRNewswire/ --In its comment letter regarding the Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ("Proposed Regulation"), DALBAR details flaw in the discriminatory treatment of ESG Investments.

Key Points: 
  • MARLBOROUGH, Mass., Dec. 14, 2021 /PRNewswire/ --In its comment letter regarding the Prudence and Loyalty in Selecting Plan Investments and Exercising Shareholder Rights ("Proposed Regulation"), DALBAR details flaw in the discriminatory treatment of ESG Investments.
  • This critical flaw in this approach is that the Proposed Regulation downgrades ESG to being a second-class citizen of the investment world.
  • The explicit addition of a survivability consideration will secure a place for ESG in ERISA plans and provide workers access to ESG investments.
  • This DALBAR initiative differs from the ESG Investments that are the subject of the Proposed Regulation.

NovaBay Pharmaceuticals Appoints Andrew D. Jones Chief Financial Officer

Retrieved on: 
Tuesday, May 5, 2020

(NYSE American: NBY) announces the appointment of Andrew D. Jones as Chief Financial Officer and Treasurer, effective May 1, 2020.

Key Points: 
  • (NYSE American: NBY) announces the appointment of Andrew D. Jones as Chief Financial Officer and Treasurer, effective May 1, 2020.
  • Mr. Jones brings to NovaBay more than 20 years of finance and accounting experience primarily in the life sciences industry.
  • He replaces Lynn Christopher, who assumed these positions on an interim basis in April 2020 and will consult to NovaBay to support a smooth transition.
  • Im committed to working closely with the NovaBay team to ensure financial accountability and prudence, and to achieve our goals for growth and business success.