About Prometheus
Prometheus is a company based in Los Angeles (United States) founded in 2020 by Michael Y Wang. It operates as a Two-Sided Marketplace, and Brokerage / Intermediation. Prometheus has raised $5 million across 1 funding round from investors including 8VC, Kyle Bass and John Quinn. Prometheus offers products and services including Warm Intro Platform and Investment Opportunities. Prometheus operates in a competitive market with competitors including Fundrise, Moonfare, YieldStreet, Equi and Allocate, among others.
- Headquarter Los Angeles, United States
- Founders Michael Y Wang
-
Sectors
Financial ServicesTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Prometheus Alternative Investments, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$5 M (USD)
in 1 rounds
-
Latest Funding Round
$5 M (USD), Seed
Sep 29, 2021
-
Investors
8VC
& 10 more
-
Employee Count
Employee Count
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 Prometheus
Prometheus offers a comprehensive portfolio of products and services, including Warm Intro Platform and Investment Opportunities. 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.
Connections are facilitated through an invite-only networking platform.
Access to exclusive investments is provided for members.
Unlock access to complete
Unlock access to complete
Funding Insights of Prometheus
Prometheus has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in September 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $5.0M
-
First Round
First Round
(29 Sep 2021)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2021 | Amount | Seed - Prometheus | Valuation | 8VC |
| 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 Prometheus
Prometheus has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include 8VC, Kyle Bass and John Quinn. 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 |
|---|---|---|---|---|
|
Venture capital firm investing in technology, life sciences, and related sectors.
|
Founded Year | Domain | Location | |
|
KB
Kyle Bass |
-
|
Founded Year | Domain | Location |
|
JQ
John Quinn |
Angel investor focusing on Indian startups, limited public data available.
|
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 Prometheus
| 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 - Prometheus
| 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 |
Prometheus Comparisons
Competitors of Prometheus
Prometheus 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 Fundrise, Moonfare, YieldStreet, Equi and Allocate, 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 |
An investment platform offering access to private market investments
|
|
| domain | founded_year | HQ Location |
Online platform for private equity fund investments is provided.
|
|
| domain | founded_year | HQ Location |
Asset-backed loans and private equity are offered via online platform.
|
|
| domain | founded_year | HQ Location |
Diversified asset management firm
|
|
| domain | founded_year | HQ Location |
Online alternative investment platform for venture capital funds
|
|
| domain | founded_year | HQ Location |
Alternative investment platform focused on private funds
|
| 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 Prometheus
When was Prometheus founded?
Prometheus was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Prometheus located?
Prometheus is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Who is the current CEO of Prometheus?
Michael Y Wang is the current CEO of Prometheus. They have also founded this company.
Is Prometheus a funded company?
Prometheus is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Sep 29, 2021.
What does Prometheus do?
A platform for facilitating powerful connections and exclusive investment opportunities is provided by Prometheus. High-net-worth individuals, family offices, and industry leaders are connected through an invite-only model. Solutions for founders, fund managers, and investors to access capital and partnerships are offered. The focus is placed on creating impactful introductions in the financial and business sectors.
Who are the top competitors of Prometheus?
Prometheus's top competitors include Fundrise, YieldStreet and Moonfare.
What products or services does Prometheus offer?
Prometheus offers Warm Intro Platform and Investment Opportunities.
Who are Prometheus's investors?
Prometheus has 11 investors. Key investors include 8VC, Kyle Bass, John Quinn, Gil Avraham Weisblum, and Curtis Macnguyen.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.