PRUDENCE
PRUDENCE is a Seed, Series A and Series B fund in Global writing $4M–$50M checks into AI, Developer Tools, Enterprise, Healthcare, construction, real-estate and energy-adaptation.
- Stages
- Seed, Series A, Series B
- Sectors
- AI, Developer Tools, Enterprise, Healthcare, construction, real-estate, energy-adaptation
- Check size
- $4M–$50M
- Invests in
- Global
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2009
- Assets under management
- $230M
- Website
- prudence.vc
Thesis
Prudence is an early-stage venture capital firm founded in 2009 and headquartered in New York City, with a global investment scope. The firm specializes in technology companies that are transforming the 'built world,' focusing on sectors such as construction, real estate, infrastructure, and climate/energy adaptation. Prudence's investment thesis centers on identifying and backing transformative AI and software companies that leverage data infrastructure, autonomous vertical SaaS solutions, and advanced technological capabilities. They are particularly interested in founders leading the migration towards fully autonomous business processes, moving beyond mere human capital productivity gains. Prudence operates with a strategy of making concentrated, high-conviction investments, investing at the Seed to Series B stages, and often leading or co-leading investment rounds. The firm aims to invest in 10-15 companies per fund and actively supports its founders through board roles. The firm has a total of $230 million in assets under management (AUM), with its third fund, Fund III, closing at $80 million in March 2024, following a previous $65 million fund raised in 2020. The typical check size per investment deal ranges from $4 million to $30 million, with an average investment range of $2.5 million to $50 million, and occasionally exceeding $50 million.
Common questions
Does PRUDENCE invest at the Seed stage?
Yes. PRUDENCE lists Seed, Series A and Series B among the stages it invests in.
What check size does PRUDENCE write?
PRUDENCE writes $4M–$50M checks.
Where does PRUDENCE invest?
PRUDENCE invests in Global.