TestFit, a Dallas-based company specializing in artificial intelligence software for design and construction, recently received an investment from Prologis. Operating in the logistics real estate space, Prologis has deployed TestFit’s solution to put the latter’s real-time AI capabilities toward assessing the feasibility of new warehouse sites.
By piloting TestFit, Prologis aims to provide its teams with real-time insights on design, constructability evaluation and cost forecasting for new logistics sites. The software has been widely adopted by multi-family developers, with TestFit currently working with 50 percent of the top 10 multi-family developers in the industry.
The pilot announcement follows TestFit’s Series A from 2022 which Prologis Ventures, the investment arm of Prologis, co-led alongside Parkway Venture Capital.