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ProsperOps - About the company

ProsperOps is an acquired company based in Austin (United States), founded in 2018 by Chris Cochran. It operates as an Autonomous reserved instance management software. ProsperOps has raised $72M in funding from H.I.G. Growth Partners. The company has 863 active competitors, including 77 funded and 30 that have exited. Its top competitors include companies like AvidXchange, Zapier and JIFFY.ai.

Company Details

ProsperOps offers autonomous reserved instance management software which manages reserved instances (RIs) to optimize cloud spend. It provides machine learning algorithms to maintain RI portfolio and optimize savings. Its features include real-time usage monitoring, ML forecasting and optimization algorithms, automated RI actions, configurable controls, performance dashboard, and existing RI support. It offers a subscription-based pricing model.
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Email ID
*****@prosperops.com
Phone Number
+1 **********
Registered Address
Austin, Texas
Key Metrics
Founded Year
2018
Location
Austin, United States
Stage
Acquired
Total Funding
$72M in 1 round
Latest Funding Round
Ranked
Employee Count
127 as on Sep 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Flexera (Jan 06, 2026)

ProsperOps's acquisition details

ProsperOps got acquired by Flexera on Jan 06, 2026.
Click here to take a look at ProsperOps's acquisition in detail
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ProsperOps's funding and investors

ProsperOps has raised a total funding of $72M over 1 round. Its latest funding round was a Series C round on Feb 23, 2023 for $*****. 1 investor participated in its latest round. ProsperOps has 2 institutional investors.

Here is the list of recent funding rounds of ProsperOps:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 23, 2023
5048032
Series C
7717635
3645105
6411097
5412957
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ProsperOps' founders and board of directors

Founder? Claim Profile
The founders of ProsperOps is Chris Cochran. Chris Cochran is the CEO of ProsperOps.
Here are the details of ProsperOps' key team members:

ProsperOps' employee count trend

ProsperOps has 127 employees as of Sep 26. Here is ProsperOps's employee count trend over the years:
Employee count trend for ProsperOps
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ProsperOps's Competitors and alternates

Top competitors of ProsperOps include AvidXchange, Zapier and JIFFY.ai. Here is the list of Top 10 competitors of ProsperOps, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AvidXchange
AvidXchange
2000, Charlotte (United States), Acquired
Accounts payable and payment automation solution for businesses
$1.18B
73/100
2nd
Logo for Zapier
Zapier
2011, San Francisco (United States), Seed
Provider of a platform for automating workflows and integrating applications
$2.68M
68/100
3rd
Logo for JIFFY.ai
JIFFY.ai
2018, Milpitas (United States), Series B
Provider of multi sector process automation solution for enterprises
$71.4M
61/100
4th
Logo for ProsperOps
ProsperOps
2018, Austin (United States), Acquired
Autonomous reserved instance management software
$72M
62/100
5th
Logo for Relay
Relay
2021, San Francisco (United States), Seed
Provider of workflow automation solutions for enterprises
$8.1M
58/100
6th
Logo for Mimica
Mimica
2018, London (United Kingdom), Series B
AI powered task mining platform that automates repetitive computer tasks
$32.2M
55/100
7th
Logo for Deepsee Analytics
Deepsee Analytics
2017, Salt Lake City (United States), Series A
Provider of AI agents designed for financial services process automation
$30.7M
55/100
8th
Logo for insightsoftware
insightsoftware
Raleigh (United States), Acquired
Provider of financial reporting, business intelligence, budgeting, and enterprise performance software
$801M
55/100
9th
Logo for LaiYe
LaiYe
2015, Haidian (China), Series C
AI powered automation and work execution system management platform
$211M
54/100
10th
Logo for Sybill AI
Sybill AI
2020, Mountain View (United States), Series A
Developer of an AI sales assistant platform for revenue teams
$12.6M
54/100
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ProsperOps's Investments and acquisitions

ProsperOps has a total of 1 investment in FinOps. ProsperOps has not made any acquisitions as of now.

Reports related to ProsperOps

Here is the latest report on ProsperOps's sector:

News related to ProsperOps

lockFilter this list
Media has covered ProsperOps for a total of 3 events in the last 1 year, 1 of them has been about company updates.
•
ProsperOps Achieves Microsoft Azure IP Co-Sell StatusAccess Newswire•Dec 17, 2025•ProsperOps, Microsoft
•
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FAQs about ProsperOps

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