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TestFit Announces Series A Financing Round

DALLAS, TX, TestFit today announces a Series A funding round co-led by Prologis Ventures and Parkway Venture Capital.
Prologis, the global leader in logistics real estate, has deployed TestFit's real-time AI to help them better judge the feasibility of new warehouse sites. Prologis Ventures co-led in the Series A round with Parkway Venture Capital, which closed in June 2022, along with an additional investor, Perot Jain. TestFit's real estate feasibility platform provides insights into design, constructability, and costs in early-stage site planning, and historically has been the gold standard AI software for multi-family, working with 50% of the top 10 multi-family developers today.

TestFit is the leading real estate feasibility platform for developers, architects, and contractors to realize the full potential of land through trusted automation. Over 650 deals are evaluated every week on the TestFit platform. TestFit's AI configurators optimize for the best design solutions with real-time insights into design, constructability, and cost so the deal team can save time on site planning, reduce risk on acquiring deals, and increase site potential.
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