About Prism Network
Prism Network is a company based in Leicester (United Kingdom) founded in 2000.. Prism Network has raised $2.7 million across 1 funding round from investors including Future Planet Capital Regional and ABN AMRO Commercial Finance. The company has 21 employees as of June 30, 2019. Prism Network offers products and services including Disaster Restoration, Motor Claims Services, Building Repair, Validation Services, and Covid-19 Sanitisation. Prism Network operates in a competitive market with competitors including EasySend, Sprout.ai, Vitesse, ClaimLogiq and omni:us, among others.
- Headquarter Leicester, United Kingdom
- Employees 21 as on 30 Jun, 2019
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Prism Network Limited
- Date of Incorporation 24 Jun, 2010
- Jurisdiction LEICESTER, LEICETSTERSHIRE
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.7 M (USD)
in 1 rounds
-
Latest Funding Round
$2.7 M (USD), Series A
Sep 13, 2013
-
Investors
Future Planet Capital Regional
& 1 more
-
Employee Count
21
as on Jun 30, 2019
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Prism Network
Prism Network offers a comprehensive portfolio of products and services, including Disaster Restoration, Motor Claims Services, Building Repair, Validation Services, and Covid-19 Sanitisation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers rapid repair and recovery for disaster-damaged properties.
Handles insurance claims for motor vehicles efficiently.
Provides repairs for subsidence and structural issues.
Conducts validations for insurance and property assessments.
Delivers deep cleaning and decontamination for properties.
Funding Insights of Prism Network
Prism Network has successfully raised a total of $2.7M through 1 strategic funding round. The most recent funding activity was a Series A round of $2.7 million completed in September 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $2.7M
-
First Round
First Round
(13 Sep 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2013 | Amount | Series A - Prism Network | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prism Network
Prism Network has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Future Planet Capital Regional and ABN AMRO Commercial Finance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Early-stage UK companies are invested in by Midven.
|
Founded Year | Domain | Location | |
|
Offers business loans and financing solutions for commercial enterprises.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Prism Network
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Prism Network
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prism Network Comparisons
Competitors of Prism Network
Prism Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EasySend, Sprout.ai, Vitesse, ClaimLogiq and omni:us, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Document management solutions for insurance, banking, and other industry
|
|
| domain | founded_year | HQ Location |
AI-based software suite for personal and commercial insurers
|
|
| domain | founded_year | HQ Location |
Treasury and payment solutions are provided for the insurance industry.
|
|
| domain | founded_year | HQ Location |
Insurance claims management software is provided for review and validation.
|
|
| domain | founded_year | HQ Location |
AI-based claims management solutions are offered for insurance.
|
|
| domain | founded_year | HQ Location |
Inspection and claims processing solutions are offered for insurance firms.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Prism Network
When was Prism Network founded?
Prism Network was founded in 2000 and raised its 1st funding round 13 years after it was founded.
Where is Prism Network located?
Prism Network is headquartered in Leicester, United Kingdom. It is registered at Leicester, England, United Kingdom.
Who is the current CEO of Prism Network?
Mark Orton is the current CEO of Prism Network.
Is Prism Network a funded company?
Prism Network is a funded company, having raised a total of $2.7M across 1 funding round to date. The company's 1st funding round was a Series A of $2.7M, raised on Sep 13, 2013.
How many employees does Prism Network have?
As of Jun 30, 2019, the latest employee count at Prism Network is 21.
What does Prism Network do?
Prism Network was founded in 2000 and is based in Leicester, United Kingdom. Operations focus on the disaster recovery and building repair sector, where damaged properties are surveyed, photographs are taken for insurance claims, and reports along with redevelopment plans are prepared. Services encompass structural assessments, electrical and plumbing repairs, mould remediation, leakage fixes, and flood restoration. A cloud-based system is utilized for tracking emergency calls and customer responses.
Who are the top competitors of Prism Network?
What products or services does Prism Network offer?
Prism Network offers Disaster Restoration, Motor Claims Services, Building Repair, Validation Services, and Covid-19 Sanitisation.
Who are Prism Network's investors?
Prism Network has 2 investors. Key investors include Future Planet Capital Regional, and ABN AMRO Commercial Finance.