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
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Sectors
Financial ServicesTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Prometheus Alternative Investments, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Sep 29, 2021
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Investors
8VC
& 10 more
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Employee Count
Employee Count
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Products & Services of Prometheus
Prometheus offers a comprehensive portfolio of products and services, including Warm Intro Platform and Investment Opportunities.
Connections are facilitated through an invite-only networking platform.
Access to exclusive investments is provided for members.
People of Prometheus
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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
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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 |
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm investing in technology, life sciences, and related sectors.
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Founded Year | Domain | Location | |
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KB
Kyle Bass |
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Founded Year | Domain | Location |
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JQ
John Quinn |
Angel investor focusing on Indian startups, limited public data available.
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Founded Year | Domain | Location |
Investments & Acquisitions by Prometheus
Financial Statements - Prometheus
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.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An investment platform offering access to private market investments
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| domain | founded_year | HQ Location |
Online platform for private equity fund investments is provided.
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| domain | founded_year | HQ Location |
Asset-backed loans and private equity are offered via online platform.
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| domain | founded_year | HQ Location |
Diversified asset management firm
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| domain | founded_year | HQ Location |
Online alternative investment platform for venture capital funds
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| domain | founded_year | HQ Location |
Alternative investment platform focused on private funds
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Latest news on Prometheus
Frequently Asked Questions about Prometheus
Prometheus was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Prometheus is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Michael Y Wang is the current CEO of Prometheus. They have also founded this 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.
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.
Prometheus's top competitors include Fundrise, YieldStreet and Moonfare.
Prometheus offers Warm Intro Platform and Investment Opportunities.
Prometheus has 11 investors. Key investors include 8VC, Kyle Bass, John Quinn, Gil Avraham Weisblum, and Curtis Macnguyen.