When was ProSyst founded?

ProSyst was founded in 1997 and raised its 1st funding round 3 years after it was founded.

Where is ProSyst located?

ProSyst is headquartered in Cologne, Germany.

How many employees does ProSyst have?

As of Sep 30, 2026, the latest employee count at ProSyst is 27.

Is ProSyst a funded company?

ProSyst is a funded company, having raised a total of $4.42M across 3 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Feb 2000.

When was the latest funding round of ProSyst?

ProSyst's latest funding was a $***** Grant (prize money) round on Jan 03, 2016, with participation from 1 investor.

Where does ProSyst rank among its competitors?

ProSyst ranks 23rd amongst 106 active competitors, of which 15 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Ethernovia, which secured $90M in Jan, 2026.

Who are the top competitors of ProSyst?

ProSyst's top competitors include Valens, Ethernovia and HiveMQ. Among them, Ethernovia secured the most recent funding round in January, 2026.

ProSyst - 2026 Company Profile, Team, Funding & Competitors

Company Details

ProSyst is a software vendor, offering the middleware for the Internet of Things. Roots are in the field of Java, OSGi, and embedded software. This is a niche field and ProSyst has 130+ OSGi experts who were also involved in creating the specifications. Bosch Software Innovations GmbH, a wholly-owned subsidiary of the Bosch Group acquired ProSyst in February 2015.

Website: prosyst.com
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Key Metrics

Founded Year

1997

Location

Cologne, Germany

Stage

Acqui-Hired

Total Funding

$4.42M in 3 rounds

Latest Funding Round

Grant (prize money), Jan 03, 2016, $*****

Investors

Invision & 4 more

Ranked

23^rd among 106 active competitors

Employee Count

27 as on Sep 30, 2026

Similar Companies

Valens & 129 more

View ProSyst's full profile

ProSyst has raised a total funding of $4.42M over 3 rounds. Its first funding round was on Feb 2000. Its latest funding round was a Grant (prize money) round on Jan 03, 2016 for $*****. 1 investor participated in its latest round. ProSyst has 5 institutional investors.

Here is the list of recent funding rounds of ProSyst:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 03, 2016	1353188	Grant (prize money)	1196175	7435080	6204042	6966020
Jan 21, 2002	5326369	Series C	4062514	1273806	9687620	Invision & 3 more
Feb 2000	3643907	Series B	8408022	9016119	3203400	SAP Ventures

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View details of ProSyst's funding rounds and investors

The founders of ProSyst is Daniel Schellhoss.

Here are the details of ProSyst's key team members:

Daniel Schellhoss: Former Founder & VP of ProSyst and founder of 2 other companies, Prism Reach and TreasureHunter. They are also an angel investor in 1 startup.
Thomas Hott: CEO of ProSyst.

View details of ProSyst's Founder profiles and Board Members

ProSyst's employee count trend

ProSyst has 27 employees as of Sep 26. Here is ProSyst's employee count trend over the years:

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Top competitors of ProSyst include Valens, Ethernovia and HiveMQ. Here is the list of Top 10 competitors of ProSyst, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Valens 2006, Hod Hasharon (Israel), Public	Provider of communication ICs for HD connectivity	$167M	Genesis Partners, Magma Venture Partners ... & 22 others	67/100
2nd	Ethernovia 2018, San Jose (United States), Series B	Provider of in-vehicle network-related middleware solutions to the OEMs	$154M	Maverick Silicon, Qualcomm Ventures & 9 others	64/100
3rd	HiveMQ 2012, Landshut (Germany), Series A	Provider of MQTT based platform for bi-directional flow of data between IoT devices and enterprises systems	$53.3M	Earlybird, Molten Ventures & 12 others	63/100
4th	Excelfore 2008, Fremont (United States), Series A	Automotive connectivity solutions for software-defined vehicles, enabling secure data management	$14.6M	Molex Ventures, Hella Ventures & 1 others	62/100
5th	Transatel 2000, Paris (France), Acquired	MVNO and MVNE solutions provider	-	-	57/100
6th	Real-Time Innovations 1991, Sunnyvale (United States), Funding Raised	Software framework for developing and deploying intelligent, distributed, physical AI systems	-	DOE, OSTI	46/100
7th	Zerynth 2016, New York City (United States), Series B	Provider of middleware for IoT devices	$7.83M	United Ventures, Vertis SGR & 5 others	45/100
8th	Chirp 2011, London (United Kingdom), Acquired	Sharing information through sound	$8M	Guanqun Investment, independent portfolio managers ... & 74 others	45/100
9th	Hughes Telematics 2007, Atlanta (United States), Acquired	Provider of suite of information-based and wireless services	$74.8M	Apollo Global Management, Granite Creek Capital Partners ... Read more	45/100
10th	PolyAPI 2023, Denver (United States), Series A	Provider of AI-powered API and event discovery platform	$5.14M	Dig Ventures, Next Frontier Capital & 1 others	40/100
23rd	ProSyst 1997, Cologne (Germany), Acqui-Hired	Internet of Things middleware software providers using OSGi and Java	$4.42M	Invision, SAP Ventures & 3 others	31/100