Prophit.ai Overview
- Founded
- 2019
- Status
- Private
- Latest Deal Type
- Early Stage VC
- Investors
- 5
Prophit.ai General Information
Description
Developer of machine learning solutions aimed at sales and tax decision making and tax compliance. The company applies advanced machine learning technology to help prevent U.S. corporations from overpaying billions of sales tax that is paid in error each year by performing reverse audits, enabling clients to maintain compliance by solving the taxability problem during purchasing.
Contact Information
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Accounting, Audit and Tax Services (B2B)
Other Industries
Business/Productivity Software
Financial Software
Automation/Workflow Software
Primary Office
- Cleveland, OH 44106
- United States
Prophit.ai Timeline
Prophit.ai Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC | Completed | Startup | ||||
| 2. Grant | 09-Dec-2019 | 0000 | Completed | Startup | ||
| 1. Accelerator/Incubator | 23-Jul-2019 | Completed | Startup |
Prophit.ai Executive Team (2)
| Name | Title | Board Seat | Contact Info |
|---|---|---|---|
| Austin Murray | Chief Executive Officer | ||
| Rob Haaren Ph.D | Founder & Chief Technology Officer |
Prophit.ai Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Innovation Fund | Venture Capital | Minority | 000 0000 | 000000 0 | |
| gBETA | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| Great Lakes Innovation and Development Enterprise | Accelerator/Incubator | Minority | 000 0000 | 000000 0 | |
| JumpStart | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Right Side Capital Management | Venture Capital | Minority | 000 0000 | 000000 0 |