ProphetX - About the company
ProphetX is a series C company based in New York (United States), founded in 2018. It operates as a Platform offering peer-to-peer sports prediction exchange services. ProphetX has raised $35M in funding from Data Point Capital and Parlay Capital. The company has 152 active competitors, including 15 funded and 4 that have exited. Its top competitors include companies like Novig, Augur and Smarkets.
Company Details
Platform offering peer-to-peer sports prediction exchange services. It is a digital platform that enables users to engage in sports prediction markets, providing real-time data and live markets to facilitate informed decision-making and competition.
Key Metrics
Founded Year
2018
Location
New York, United States
Stage
Series C
Total Funding
$35M in 1 round
Latest Funding Round
Investors
Ranked
6th among 152 active competitors
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ProphetX's funding and investors
ProphetX has raised a total funding of $35M over 1 round. Its latest funding round was a Series C round on Jul 28, 2026 for $*****. 9 investors participated in its latest round. ProphetX has 11 institutional investors.
Here is the list of recent funding rounds of ProphetX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 28, 2026 | 8446429 | Series C | 2684806 | 7972379 | 6218664 | 7515135 |
View details of ProphetX's funding rounds and investors
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ProphetX's Competitors and alternates
Top competitors of ProphetX include Novig, Augur and Smarkets. Here is the list of Top 10 competitors of ProphetX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Novig 2021, New York City (United States), Series B | Operator of a peer to peer sports betting exchange platform | $106M | 68/100 | |
2nd | Augur 2014, San Francisco (United States), Series A | Online crypto-based gambling platform offering diversified betting services | $5.1M | 53/100 | |
3rd | Smarkets 2008, London (United Kingdom), Series B | Betting exchange for sports | $5.3M | 51/100 | |
4th | Kutt 2000, Blue Springs (United States), Acquired | Provider of a P2P sports betting platform | $1.1M | 49/100 | |
5th | Players Lounge 2014, New Castle (United States), Series A | Provider of a P2P betting platform for playing sports gaming activities | $31.4M | 49/100 | |
6th | ProphetX 2018, New York (United States), Series C | Platform offering peer-to-peer sports prediction exchange services | $35M | 48/100 | |
7th | WagerLab 2019, Houston (United States), Funding Raised | Social sports betting platform | - | - | 38/100 |
8th | ZenSports 2016, San Francisco (United States), Series A | Provider of a crypto-based e-sports betting platform | $6.49M | 38/100 | |
9th | PronoContest 2015, Montpellier (France), Unfunded | Provider of a platform to create social prediction games | - | - | 37/100 |
10th | Online fantasy sports betting platform | - | - | 36/100 |
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ProphetX's Investments and acquisitions
ProphetX has made no investments or acquisitions yet.
Reports related to ProphetX
Here is the latest report on ProphetX's sector:
News related to ProphetX
Media has covered ProphetX for 1 event in last 1 year.
•
ProphetX Raises $35M to Expand Federally Regulated Sports Prediction MarketVentureburn•Jul 28, 2026•ProphetX
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