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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
Ranked
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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
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Novig
Novig
2021, New York City (United States), Series B
Operator of a peer to peer sports betting exchange platform
$106M
68/100
2nd
Logo for Augur
Augur
2014, San Francisco (United States), Series A
Online crypto-based gambling platform offering diversified betting services
$5.1M
53/100
3rd
Logo for Smarkets
Smarkets
2008, London (United Kingdom), Series B
Betting exchange for sports
$5.3M
51/100
4th
Logo for Kutt
Kutt
2000, Blue Springs (United States), Acquired
Provider of a P2P sports betting platform
$1.1M
49/100
5th
Logo for Players Lounge
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
Logo for ProphetX
ProphetX
2018, New York (United States), Series C
Platform offering peer-to-peer sports prediction exchange services
$35M
48/100
7th
Logo for WagerLab
WagerLab
2019, Houston (United States), Funding Raised
Social sports betting platform
-
-
38/100
8th
Logo for ZenSports
ZenSports
2016, San Francisco (United States), Series A
Provider of a crypto-based e-sports betting platform
$6.49M
38/100
9th
Logo for PronoContest
PronoContest
2015, Montpellier (France), Unfunded
Provider of a platform to create social prediction games
-
-
37/100
10th
Logo for SBD Play
SBD Play
2019, Panama City (Panama), Unfunded
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.
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FAQs about ProphetX

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