About Prismforce
Prismforce is a company based in Mumbai (India) founded in 2021 by Mohd Qasim and Somnath Chatterjee. It operates as a SaaS (Software-as-a-Service). Prismforce has raised $15.4 million across 2 funding rounds from investors including Peak XV Partners. The company has 109 employees as of April 04, 2024. Prismforce offers products and services including SkillPrism, IntelliPrism, and OutlookPrism. Prismforce operates in a competitive market with competitors including Firstup, Augmentir, Gloat, Workera and TechWolf, among others.
- Headquarter Mumbai, India
- Employees 109 as on 04 Apr, 2024
- Founders Mohd Qasim, Somnath Chatterjee
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Prismforce Private Limited
- Date of Incorporation 04 Mar, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$700.04 K (USD)0as on Mar 31, 2022
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Net Profit
$73.12 K (USD)24275.94as on Mar 31, 2022
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EBITDA
$102.79 K (USD)170025.28as on Mar 31, 2022
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Total Equity Funding
$15.4 M (USD)
in 2 rounds
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Latest Funding Round
$13.6 M (USD), Series A
Nov 30, 2022
- Investors
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Employee Count
109
as on Apr 04, 2024
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Products & Services of Prismforce
Prismforce offers a comprehensive portfolio of products and services, including SkillPrism, IntelliPrism, and OutlookPrism. 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.
Talent snapshots are built for reskilling and readiness.
AI marketplace is created for efficient talent fulfillment.
Skill needs are predicted with AI-driven demand planning.
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Funding Insights of Prismforce
Prismforce has successfully raised a total of $15.4M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.6 million completed in November 2022. 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 2
- Last Round Series A — $13.6M
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First Round
First Round
(01 Jun 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series A - Prismforce | Valuation | Peak XV Partners |
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| Jun, 2021 | Amount | Seed - Prismforce | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Prismforce
Prismforce has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Peak XV Partners. 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 |
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Venture capital firm investing in startups and providing support programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prismforce
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Prismforce
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Prismforce Comparisons
Competitors of Prismforce
Prismforce 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 Firstup, Augmentir, Gloat, Workera and TechWolf, 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 |
Cloud-based communication and employee experience management platform for enterprises
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| domain | founded_year | HQ Location |
Provider of a platform offering AR solutions for industrial front-line workers
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| domain | founded_year | HQ Location |
Cloud-based platform enables skill mapping and resource allocation.
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| domain | founded_year | HQ Location |
AI-powered skills assessment platform for enterprises is developed.
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| domain | founded_year | HQ Location |
AI-driven skill intelligence is provided for enterprises through data insights.
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| domain | founded_year | HQ Location |
Talent management platform is offered for staffing, mobility, and development.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prismforce
Frequently Asked Questions about Prismforce
When was Prismforce founded?
Prismforce was founded in 2021.
Where is Prismforce located?
Prismforce is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Prismforce?
Somnath Chatterjee is the current CEO of Prismforce. They have also founded this company.
Is Prismforce a funded company?
Prismforce is a funded company, having raised a total of $15.4M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Jun 01, 2021.
How many employees does Prismforce have?
As of Apr 04, 2024, the latest employee count at Prismforce is 109.
What is the annual revenue of Prismforce?
Annual revenue of Prismforce is $700.04K as on Mar 31, 2022.
What does Prismforce do?
AI-powered talent supply chain software is developed by Prismforce for tech services. Focus is placed on enabling faster project staffing and profitable growth. Solutions are offered for resource management, skills intelligence, and workforce planning. Integration with platforms like Microsoft 365 is supported for seamless workflows. Sectors targeted include IT services and tech talent organizations. Employee engagement and digital readiness are enhanced through agentic AI technologies.
Who are the top competitors of Prismforce?
What products or services does Prismforce offer?
Prismforce offers SkillPrism, IntelliPrism, and OutlookPrism.
Who are Prismforce's investors?
Prismforce has 1 investor. Key investors include Peak XV Partners.