Prescinto Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 94

Employees

  • Latest Deal Type
  • M&A

Prescinto General Information

Description

Developer of an advanced monitoring IoT platform designed to perform analytics and automation support for the maintenance of assets. The company's platform offers advanced data analytics, and contract and warranty management alternatives that collect plant data which applies data science models to identify causes for underperformance and suggest work orders to plant crew to increase generation, enabling clients to maximize the value of their energy storage assets through market-specific optimization.

Contact Information

Website
www.prescinto.ai
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • A2, 12th Floor, Palladium
  • Corporate Road, Prahladnagar
  • Ahmedabad, Gujarat 380015
  • India
Primary Industry
Business/Productivity Software
Other Industries
Media and Information Services (B2B)
Acquirer
International Business Machines
Vertical(s)
Advanced Manufacturing, CleanTech, Internet of Things
Corporate Office
  • A2, 12th Floor, Palladium
  • Corporate Road, Prahladnagar
  • Ahmedabad, Gujarat 380015
  • India

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Prescinto Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Merger/Acquisition 15-Oct-2024 Completed Out of Business
10. Accelerator/Incubator Completed Generating Revenue
9. Accelerator/Incubator Completed Generating Revenue
8. Later Stage VC 01-Aug-2024 Completed Generating Revenue
7. Accelerator/Incubator 12-Dec-2023 Completed Generating Revenue
6. Later Stage VC 20-Dec-2022 Completed Generating Revenue
5. Accelerator/Incubator 01-May-2022 Completed Generating Revenue
4. Accelerator/Incubator 01-Jan-2022 Completed Generating Revenue
3. Later Stage VC 06-Mar-2021 $2.75M $4.75M Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2021 $2M Completed Generating Revenue
To view Prescinto’s complete valuation and funding history, request access »

Prescinto Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
CCPS
Ordinary Shares
Preference Shares 32,353 $0.121912 $6.22 $6.22 1x $6.22 8.96%
CCPS 62,140 $0.121912 $28.42 $28.42 1x $28.42 17.21%
To view Prescinto’s complete cap table history, request access »

Prescinto Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an advanced monitoring IoT platform designed to perform analytics and automation support for the maintenanc
Business/Productivity Software
Ahmedabad, India
94 As of 2025

Bangalore, India
 

Mumbai, India
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Prescinto Competitors (2)

One of Prescinto’s 2 competitors is EnerMAN, a Venture Capital-Backed company based in Bangalore, India.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
EnerMAN Venture Capital-Backed Bangalore, India
Teqo Venture Capital-Backed Mumbai, India
You’re viewing 2 of 2 competitors. Get the full list »

Prescinto Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 2

    Pending

  • Expiring in next 12 mo

Prescinto Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3230695-A1 System and method for identifying defective solar panels and to quantify energy loss Pending 01-Sep-2021
WO-2023031843-A1 System and method for identifying defective solar panels and to quantify energy loss Inactive 01-Sep-2021
CA-3192998-A1 System for monitoring under-performance of solar power plant Pending 26-Aug-2020
WO-2022043872-A1 System for monitoring under-performance of solar power plant Inactive 26-Aug-2020 H02S50/00

Prescinto Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Prescinto Former Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds
100Unicorns Accelerator/Incubator Minority
Aeroflex Enterprises Venture Capital Minority
Angel Scions Venture Capital Minority
AngelBay Angel Group Minority
Aurum Venture Partners Venture Capital Minority
You’re viewing 5 of 30 investors. Get the full list »

Ready to get started?

Request a free trial

Prescinto FAQs

  • When was Prescinto founded?

    Prescinto was founded in 2016.

  • Where is Prescinto headquartered?

    Prescinto is headquartered in Ahmedabad, India.

  • What is the size of Prescinto?

    Prescinto has 94 total employees.

  • What industry is Prescinto in?

    Prescinto’s primary industry is Business/Productivity Software.

  • Is Prescinto a private or public company?

    Prescinto is a Private company.

  • What is Prescinto’s current revenue?

    The current revenue for Prescinto is .

  • How much funding has Prescinto raised over time?

    Prescinto has raised $11M.

  • Who are Prescinto’s investors?

    100Unicorns, Aeroflex Enterprises, Angel Scions, AngelBay, and Aurum Venture Partners are 5 of 30 investors who have invested in Prescinto.

  • Who are Prescinto’s competitors?

    EnerMAN and Teqo are competitors of Prescinto.

  • When was Prescinto acquired?

    Prescinto was acquired on 15-Oct-2024.

  • Who acquired Prescinto?

    Prescinto was acquired by International Business Machines.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process