ProspX - About the company
ProspX is a series C company based in Austin (United States), founded in 2005 by Todd Young. It operates as a Social business platform for commercial insurance. ProspX has raised $34.6M in funding. The company has 227 active competitors, including 35 funded and 42 that have exited. Its top competitors include companies like Eazy Digital, Px and GoHealth.
Company Details
ProspX is a SaaS-based solutions for managing multi-party sales processes in the commercial insurance industry. ProspX enables real-time collaboration within and across organizational boundaries and streamlines the sales process through a web-based sales portal and simple customer relationship management solution for insurance brokers and insurance carriers to drive best practices and improve sales effectiveness. ProspX is headquartered in Austin, Texas, and is privately held.
Key Metrics
Founded Year
2005
Location
Austin, United States
Stage
Series C
Total Funding
$34.6M in 9 rounds
Latest Funding Round
Investors
Ranked
40th among 227 active competitors
Employee Count
12 as on Sep 30, 2026
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ProspX's funding and investors
ProspX has raised a total funding of $34.6M over 9 rounds. Its first funding round was on Dec 15, 2008. ProspX has 2 institutional investors.
Here is the list of recent funding rounds of ProspX:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 05, 2014 | 4350132 | Series C | 1379344 | 3164916 | 2192987 | 8823803 |
Mar 05, 2014 | 2892442 | Series C | 6589723 | 2759255 | 9604336 | 6173165 |
Jan 02, 2014 | 8876818 | Series C | 8387150 | 2903155 | 7539165 | 9515942 |
View details of ProspX's funding rounds and investors
ProspX's founders and board of directors
Founder? Claim ProfileThe founders of ProspX is Todd Young.
Here are the details of ProspX's key team members:
- Todd Young: Former Co-Founder and Executive VP of ProspX.
View details of ProspX's Founder profiles and Board Members
ProspX's employee count trend
ProspX has 12 employees as of Sep 26. Here is ProspX's employee count trend over the years:
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ProspX's Competitors and alternates
Top competitors of ProspX include Eazy Digital, Px and GoHealth. Here is the list of Top 10 competitors of ProspX, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Eazy Digital 2022, Bangkok (Thailand), Acquired | Provider of software solutions for insurance intermediaries | $1.85M | 60/100 | |
2nd | Px 2016, New York City (United States), Series A | SaaS based lead exchange platform for advertisers | $12.5M | 59/100 | |
3rd | GoHealth 2001, Chicago (United States), Public | Platform offering healthcare insurance solutions | $50M | 57/100 | |
4th | Simplesurance 2012, Germany, Acquired | Provider of a platform for accessing insurance and related technology | $78.2M | 56/100 | |
5th | Provider of automated sales and commission payment platform for insurance and financial products | $10M | 54/100 | ||
6th | InsurGrid 2020, San Francisco (United States), Acquired | Sales & marketing solution for insurance agents | $1.3M | 51/100 | |
7th | Renaissance Alliance 1999, Wellesley (United States), Acquired | Insurance sales & marketing solution | - | 51/100 | |
8th | Herald Logic 2002, Mumbai (India), Seed | Provider of sales incentive compensation management platform and managed services | $220K | 50/100 | |
9th | Provider of a low-code embedded finance platform for financial services firms | $5.86M | 50/100 | ||
10th | Insurance distribution solutions for Insurance players | $20.5M | 50/100 | ||
40th | ProspX 2005, Austin (United States), Series C | Social business platform for commercial insurance | $34.6M | 37/100 |
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ProspX's Investments and acquisitions
ProspX has made no investments or acquisitions yet.
Reports related to ProspX
Here is the latest report on ProspX's sector:
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