About Prodigal Tech
Prodigal Tech is a company based in Mountain View (United States) founded in 2018 by Sangram Raje and Shantanu Gangal. Prodigal Tech has raised $12.15 million across 2 funding rounds from investors including Accel, Menlo Ventures and Y Combinator. The company has 19 employees as of April 04, 2024. Prodigal Tech offers products and services including ProAgent, ProNotes, ProInsight, and ProAssist. Prodigal Tech operates in a competitive market with competitors including Payix, Lender Merchant and installmt, among others.
- Headquarter Mountain View, United States
- Employees 19 as on 04 Apr, 2024
- Founders Sangram Raje, Shantanu Gangal
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Sectors
TechnologyFinancial Services
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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 Prodigal Softtech India Private Limited
- Date of Incorporation 24 May, 2019
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$1.5 M (USD)230.83as on Mar 31, 2023
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Net Profit
$220.25 K (USD)255.38as on Mar 31, 2023
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EBITDA
$335.5 K (USD)299.92as on Mar 31, 2023
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Total Equity Funding
$12.15 M (USD)
in 2 rounds
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Latest Funding Round
$12 M (USD), Series A
Jul 22, 2021
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Investors
Accel
& 6 more
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Employee Count
19
as on Apr 04, 2024
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Products & Services of Prodigal Tech
Prodigal Tech offers a comprehensive portfolio of products and services, including ProAgent, ProNotes, ProInsight, and ProAssist.
Natural language AI for end-to-end collections operations automation.
Real-time system for standardized and automated borrower notes.
QA automation and revenue insights for operational intelligence.
Dynamic prompts for real-time agent assistance in collections.
People of Prodigal Tech
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Funding Insights of Prodigal Tech
Prodigal Tech has successfully raised a total of $12.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in July 2021. 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.
Investors in Prodigal Tech
Prodigal Tech has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Accel, Menlo Ventures and Y Combinator.
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Early-stage venture capital firm investing in AI, healthcare, and tech sectors.
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Accel is recognized as a leading venture capital firm.
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Early-stage startups are accelerated via funding and educational programs.
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Investor details for Prodigal Tech
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Investments & Acquisitions by Prodigal Tech
Investment portfolio details for Prodigal Tech
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Financial Statements - Prodigal Tech
Detailed financials for Prodigal Tech
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Prodigal Tech Comparisons
Peer comparison for Prodigal Tech
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Competitors of Prodigal Tech
Prodigal Tech 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 Payix, Lender Merchant and installmt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payment processing solutions are provided for lenders and auto dealers.
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Specializes in ACH, card, and RCC transactions for lenders and merchants in financial services.
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Payments platform providing intelligent scheduling and automated servicing for lenders.
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Detailed competitors of Prodigal Tech
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Latest news on Prodigal Tech
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Frequently Asked Questions about Prodigal Tech
Prodigal Tech was founded in 2018.
Prodigal Tech is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Shantanu Gangal is the current CEO of Prodigal Tech. They have also founded this company.
Prodigal Tech is a funded company, having raised a total of $12.15M across 2 funding rounds to date.
As of Apr 04, 2024, the latest employee count at Prodigal Tech is 19.
Annual revenue of Prodigal Tech is $1.5M as on Mar 31, 2023.
Prodigal Tech was founded in 2018 in Mountain View, United States, as a developer of an AI platform focused on loan servicing and collections within the fintech sector. Automation, AI agents, and insights are provided to support payment recovery efforts. Tools for digital strategy orchestration, payment scoring, agent assistance, quality assurance, and revenue analysis are included in the platforms operations.
Prodigal Tech's top competitors include Payix, Lender Merchant and installmt.
Prodigal Tech offers ProAgent, ProNotes, ProInsight, and ProAssist.
Prodigal Tech has 7 investors. Key investors include Accel, Menlo Ventures, Y Combinator, Maschmeyer Group Ventures, and Eric Sage.