SaaS platform Prengi has raised a Seed round of $500,000 to expand its reach within the US and expand further into Europe and the Middle East.
The Seed round was led by Ukrainian venture capital fund SMRK. Prengi is currently valued at an estimated $3 million.
The project provides its clients with a powerful product for facility management automation.
Prengi’s SaaS offering is a comprehensive facilities and property management tool. Prengi claims it assists in accelerating business growth by arranging for an 18% cost reduction on real estate exploitation, a 9% reduction in energy consumption, and a 24% reduction in the cost of proactively maintained equipment.