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 707 active competitors, including 77 funded and 30 that have exited. Its top competitors include companies like AvidXchange, Zapier and Vercept.
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.
- Website
- prosperops.com
- 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
Investors
Ranked
5th among 707 active competitors
Employee Count
123 as on Jun 30, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Flexera (Jan 06, 2026)
Legal entities associated with ProsperOps
ProsperOps is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROSPEROPS, INC. CIN: 831835077 , United States, Active | Dec 26, 999 | - | 67 (As on Dec 31, 2024) | - |
PROSPEROPS, INC. CIN: 32068333510 , United States, Active | Sep 10, 2018 | - | - | - |
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 | 6207486 | Series C | 2713216 | 2136439 | 4464163 | 1704565 |
View details of ProsperOps's funding rounds and investors
ProsperOps' founders and board of directors
Founder? Claim ProfileThe founders of ProsperOps is Chris Cochran. Chris Cochran is the CEO of ProsperOps.
Here are the details of ProsperOps' key team members:
- Chris Cochran: Co-Founder & CEO of ProsperOps. Contact Info: 1 email address
View details of ProsperOps's Founder profiles and Board Members
ProsperOps' employee count trend
ProsperOps has 123 employees as of Jun 26. Here is ProsperOps's employee count trend over the years:
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ProsperOps's Competitors and alternates
Top competitors of ProsperOps include AvidXchange, Zapier and Vercept. Here is the list of Top 10 competitors of ProsperOps, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AvidXchange 2000, Charlotte (United States), Acquired | Accounts payable and payment automation solution for businesses | $1.18B | 73/100 | |
2nd | Zapier 2011, San Francisco (United States), Seed | Provider of a platform for automating workflows and integrating applications | $2.68M | 68/100 | |
3rd | Vercept 2024, Seattle (United States), Acquired | Developer of an AI-powered computer interface designed to automate tasks | $50M | 64/100 | |
4th | JIFFY.ai 2018, Milpitas (United States), Series B | Provider of multi sector process automation solution for enterprises | $71.4M | 61/100 | |
5th | ProsperOps 2018, Austin (United States), Acquired | Autonomous reserved instance management software | $72M | 60/100 | |
6th | Relay 2021, San Francisco (United States), Seed | Provider of workflow automation solutions for enterprises | $8.1M | 58/100 | |
7th | Mimica 2018, London (United Kingdom), Series B | AI powered task mining platform that automates repetitive computer tasks | $32.2M | 55/100 | |
8th | Deepsee Analytics 2017, Salt Lake City (United States), Series A | Provider of AI agents designed for financial services process automation | $30.7M | 55/100 | |
9th | insightsoftware Raleigh (United States), Acquired | Provider of financial reporting, business intelligence, budgeting, and enterprise performance software | $801M | 55/100 | |
10th | AI powered automation and work execution system management platform | $211M | 54/100 |
Looking for more details on ProsperOps's competitors? Click here to see the top ones
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
Media has covered ProsperOps for a total of 5 events in the last 1 year, 2 of them have been about company updates.
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H.I.G. Growth Partners Completes Sale of ProsperOps to FlexeraPR Newswire•Jan 06, 2026•ProsperOps, H.I.G. Growth Partners, Flexera
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ProsperOps Achieves Microsoft Azure IP Co-Sell StatusAccess Newswire•Dec 17, 2025•ProsperOps, Microsoft
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ProsperOps Announces General Availability of Autonomous Discount Management for Microsoft AzureAccess Newswire•Sep 15, 2025•ProsperOps, Microsoft, Microsoft Azure
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ProsperOps Wins 2025 CloudX Award for Cloud Management ExcellenceAccess Newswire•Sep 12, 2025•ProsperOps
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ProsperOps Cost Optimization Platform Available on Google Cloud MarketplaceNewswire•Jan 09, 2025•ProsperOps
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ProsperOps Announces Autonomous Discount Management for Google Cloud ComputeNewswire•Oct 31, 2024•ProsperOps
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ProsperOps ProsperOps Releases Flex Boost to Increase and Accelerate Cloud Savings for CustomersWebDisclosure•Mar 16, 2023•ProsperOps
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