Prolance

Bengaluru, India Founded: 2020 • Age: 6 yrs Minicorn
B2B SaaS platform for interior designers, architects, contractors, and panel processing factories

About Prolance

Prolance is a Real Estate & Construction company based in Bengaluru (India) founded in 2020 by K Manoj Kumar, Raghunath Gururajan, Jaisimha Sathyanarayana, Rama Harinath K, and Vivek Parasuram. B2B SaaS platform for interior designers, architects, contractors, and panel processing factories. It operates in the Real Estate & Construction and Consumer sectors. Prolance has raised $2.59 million across 2 funding rounds from investors including LetsVenture, Axilor Ventures and Arali Ventures. The company has 109 employees. Prolance was last valued at $6.97 million in August 2022. Its chief executive, as recorded, is Rama Harinath K. Its Indian entity Prolance Services Private Limited reported revenue of β‚Ή26.64 Cr. Prolance offers products and services including SketchUp Plugin and WebApp. Its focus areas include Real Estate and Construction Tech, Construction Tech, Project Management and Suite. Its competitors include Infurnia and Foyr; 2 of its 2 listed competitors have raised funding.

Company details

Prolance was established in 2020 in Bengaluru, India, as a B2B SaaS platform in the interior design and construction sector. Tools for automating design, quote generation, rendering, and 2D GFC drawings are provided to interior designers, architects, contractors, and panel processing factories. Non-standard modules are accommodated, with options to incorporate materials, finishes, and pricing details. Project manufacturing is enabled via factory integrations.

  • Headquarters Bengaluru, India
  • Employees 109
  • Founders K Manoj Kumar, Raghunath Gururajan, Jaisimha Sathyanarayana, Rama Harinath K, Vivek Parasuram
  • Stage Minicorn
  • Sectors
    Real Estate & Construction
    Consumer
  • Email
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  • Phone
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  • Website prolance.co.in
  • Social LinkedIn X Facebook Instagram
  • Legal Name Prolance Services Private Limited
  • Date of Incorporation 23 Dec, 2020
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹26.64 Cr

    FY 2024 · +207% YoY

  • Net Loss
    -₹4.90 Cr

    FY 2024 · -18% margin

  • EBITDA
    -₹3.74 Cr

    FY 2024 · -14% margin

  • Total Equity Funding
    $2.59M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.06M (USD), Series A

    Aug 2022

  • Investors
    LetsVenture

    & 14 more

  • Employee Count
    109

Products & Services of Prolance

Prolance offers a comprehensive portfolio of products and services, including SketchUp Plugin and WebApp.

SketchUp Plugin
Design Tool

Enables detailed interior design automation within SketchUp software.

WebApp
Design Platform

Provides inspiration and quick quote generation for design projects.

Funding Insights of Prolance

Prolance has successfully raised a total of $2.59M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.06 million completed in August 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 $2.59M
  • Total Rounds 2
  • Last Round Series A β€” $2.06M
  • First Round $538,688

    (Jun 2021)

  • Investors Count 15

All 2 funding rounds of Prolance with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2022$2.06MSeries A$6.97MFoundamental, Axilor Ventures
Jun 2021$538,688Seed$4.44MSrini Anumolu, Start Fresh Ventures
Valuation history
DateValuationStage
Aug 2022$6.97Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2021$4.44Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $6.97M (Aug 2022). 15 investors in total: 8 institutional and 7 angel.

Investors in Prolance

Prolance has secured backing from 15 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include LetsVenture, Axilor Ventures and Arali Ventures.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in AEC and construction technology globally.
foundamental.com
Venture capital firm investing in early-stage startups in technology sectors.
2014axilor.comBengaluru, India
Investment in B2B tech startups at pre-seed and seed stages across various sectors.
2018araliventures.inBengaluru, India
Venture capital and debt firm focused on pre-seed to series A stage companies
2021forceventures.inBengaluru, India
Private investment arm of Kris Gopalakrishnan Family Office.
2014pratithi.comBengaluru, India
Venture debt is provided to growth-stage companies for business scaling.
strideventures.globalDelhi, India
Online platform that connects startup founders with accredited investors, enabling early-stage fundraising and investment opportunities for private market growth
2013letsventure.comBengaluru, India

Ganesh Krishnan

unknown_09ca56de28a14d43b

Ganesh Krishnan

Serial entrepreneur, angel investor, co-founder of Portea Medical and GrowthStory
unknown_1a7ded4fb5824f6fb

Srini Anumolu

unknown_fa2490c850704cdf9
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Investor details for Prolance

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Prolance Services Private Limited (Prolance)

Prolance Services Private Limited is the primary company behind Prolance. The board of Prolance Services Private Limited currently have 4 directors; the longest-serving is Rama Kolluru Harinath, appointed in 2020. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rama Kolluru Harinath
DIN 06947484
Director23 Dec 20205 yrs 10 moProlance Services Private Limited
Madipakam Parasuram Vivek
DIN 02754434
Director23 Dec 20205 yrs 10 moProlance Services Private Limited
Manoj Kumar Kumaran
DIN 02356589
Director10 Mar 20251 yr 8 moProlance Services Private Limited
Jaisimha Sathyanarayana
DIN 02356574
Director17 Mar 20251 yr 7 moProlance Services Private Limited

People of Prolance

11 people are tracked at Prolance (7 in leadership, 4 in team); the tracked headcount is 109.

NameRoleGroup
K Manoj Kumar
Co-FounderLeadership
Raghunath Gururajan
Co-FounderLeadership
Co-FounderLeadership
Rama Harinath K
Co-Founder & CEOLeadership
Co-FounderLeadership
Santhosh Vijendra
Director Of OperationsLeadership
Gopinath T
Technical HeadLeadership
Komal Govindaiah
Design AssociateTeam
lavanya A R
Design AssociateTeam
Manikanta Yenumula
Senior Project ManagerTeam
Sreenivasan Paravasthu
Manager operationsTeam
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Complete people profiles for Prolance

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Financials of Prolance

Figures of Prolance Services Private Limited, the primary company behind Prolance, for FY 2024. Revenue was ₹26.64 Cr (+207% year on year). Net loss was -₹4.90 Cr (-18% margin). EBITDA was -₹3.74 Cr (-14% margin).

  • ₹26.64 CrRevenue · FY 2024 · +207% YoY
  • -₹4.90 CrNet loss · -18% margin
  • -₹3.74 CrEBITDA · -14% margin
  • ₹47.9 LakhPaid-up capital
  • 109Employees (provident fund records)

Balance sheet, profit and loss, cash flow and ratios of Prolance Services Private Limited are on its company page.

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Detailed financial statements for Prolance

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Prolance

4 dated milestones of Prolance across 2 years, from founding to its latest funding, stage changes and deals.

  1. Founded Prolance is founded.
  2. Funding First funding round of $539K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $2.1M.

Competitors of Prolance

Prolance has 2 listed competitors in our database, 2 of them funded. They include Infurnia and Foyr.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
infurnia.com2014Bengaluru, India$5.94M28
Architecture and interior design software with manufacturing integration is provided.
foyr.com2014Hyderabad, India$5.86M
Provider of cloud-based interior design software platform
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Detailed competitors of Prolance

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Web traffic of Prolance

The website of Prolance (prolance.co.in) receives about 1.1K visits a month.

  • Monthly visits
    1.1K

    ▼ 21% vs previous month

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Related news about Prolance

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Complete news archive for Prolance

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Frequently Asked Questions about Prolance

Prolance was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Prolance is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Rama Harinath K is the CEO of Prolance, as recorded in our data. They have also founded this company.

Prolance is a funded company, having raised a total of $2.59M across 2 funding rounds to date. The company's 1st funding round was a Seed of $538.69K, raised on Jun 2021.

Prolance has 109 employees.

The primary company behind Prolance, Prolance Services Private Limited, reported revenue of β‚Ή26.64 Cr for FY 2024, up 207% year on year.

Prolance was established in 2020 in Bengaluru, India, as a B2B SaaS platform in the interior design and construction sector. Tools for automating design, quote generation, rendering, and 2D GFC drawings are provided to interior designers, architects, contractors, and panel processing factories. Non-standard modules are accommodated, with options to incorporate materials, finishes, and pricing details. Project manufacturing is enabled via factory integrations.

Prolance's top competitors include Foyr and Infurnia.

Prolance offers SketchUp Plugin and WebApp.

Prolance has 15 investors. Key investors include LetsVenture, Axilor Ventures, Arali Ventures, Force Ventures, and Pratithi Investments.

The valuation of Prolance is $6.97M as of Aug 2022.

Prolance operates through Prolance Services Private Limited.

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