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
- SectorsFinancial ServicesTechnology
- Website prometheusalts.com
- Social LinkedIn X Facebook
- Legal Name Prometheus Alternative Investments, Inc.
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Seed
Sep 2021
- Investors8VC
& 10 more
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.
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 $5M
- Total Rounds 1
- Last Round Seed — $5M
- First Round $5M
(Sep 2021)
- Investors Count 11
All 1 funding rounds of Prometheus with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2021 | $5M | Seed | – | 8VC |
11 investors in total: 1 institutional and 10 angel.
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 |
|---|---|---|---|---|
Venture capital firm investing in technology, life sciences, and related sectors. | – | 8vc.com | - | |
KB Kyle Bass | - | – | unknown_f914329514d14479a | - |
JQ John Quinn | Angel investor focusing on Indian startups, limited public data available. | – | unknown_cb504f49237c4ab6b | - |
GA Gil Avraham Weisblum | Angel investor and entrepreneur, co-founder of Sweetheart Kitchen, active in tech startups | – | unknown_0eb2200c40e145f6b | - |
CM Curtis Macnguyen | Indian angel investor, founder of multiple ventures, focused on tech startups | – | unknown_738e3284d7734562a | - |
AA Alok Agrawal | Angel investor, ex-Google, focused on tech startups in India | – | unknown_10630224ce2f4446a | - |
CB Chris Blumenberg | Angel investor and advisor, ex-Apple, focused on tech startups | – | unknown_1e0a70b6ef71401db | - |
KK Kim Kolt | Indian angel investor with focus on early-stage startups. | – | unknown_0331c9ded17f4ad88 | - |
KA Khalid Al Malik | Indian angel investor focusing on tech startups and innovation. | – | unknown_7bedf18992e748fb9 | - |
JR Jared Rothman | - | – | unknown_42cf5a0bf0ff4424a | - |
Investor details for Prometheus
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Prometheus
4 people are tracked at Prometheus (4 in leadership).
| Name | Role | Group |
|---|---|---|
Michael Y Wang | Founder & CEO | Leadership |
Bill Henderson | Managing Director, Strategic Partnerships | Leadership |
Marie Jorajuria, CFA, CAMS | Chief Compliance Officer & Financial Operations Principal | Leadership |
Michael Wang | Founder & CEO | Leadership |
Complete people profiles for Prometheus
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Prometheus
2 dated milestones of Prometheus across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Prometheus is founded.
- Funding First funding round of $5.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fundrise.com | 2010 | – | $53.73M | – | An investment platform offering access to private market investments | |
| moonfare.com | 2016 | Berlin, Germany | $175M | – | Online platform for private equity fund investments is provided. | |
| yieldstreet.com | 2014 | New York, United States | $207.8M | – | Asset-backed loans and private equity are offered via online platform. | |
| equi.com | 2020 | San Francisco, United States | $35.01M | 16 | Diversified asset management firm | |
| allocate.co | 2021 | Menlo Park, United States | $66.13M | – | Online alternative investment platform for venture capital funds | |
| artivest.co | 2011 | New York, United States | $16.98M | 31 | Alternative investment platform focused on private funds | |
| hedonova.io | 2020 | Los Angeles, United States | $18.4M | – | Hedge funds focused on alternative assets | |
| poolit.com | 2021 | Miami, United States | $10.59M | – | Online platform for investing in private equity and venture capital | |
| slicedinvesting.com | 2014 | San Francisco, United States | $2M | – | Sliced Investing is a platform enabling access to hedge fund investment opportunities. |
Detailed competitors of Prometheus
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Similar companies to Prometheus
10 companies that operate in the same segment as Prometheus (Investment & Wealth Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based website builder tool | 2003 | New York, New York, United States | USD 591.5 M | USD 16.79 M | 87 | |
Provider of consulting, managed services, and technology solutions for financial services | 2010 | London, England, United Kingdom | USD 90.15 M | – | – | |
Alternative investment platform for startups and investors is operated. | 2010 | San Francisco, California, United States | USD 100 M | – | 178 | |
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | Palo Alto, California, United States | USD 336 M | – | – | |
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Investment advisory, insurance distribution, and risk management services are provided. | 1998 | Chicago, Illinois, United States | USD 1.6 B | – | – | |
Investment consultant for future & options and commodities | 1987 | Kochi, Kerala, India | – | USD 71.52 M | 2,690 | |
Developer of a platforms offering credit score checks | 2021 | Jakarta, Jakarta, Indonesia | USD 12.4 M | – | – | |
AI-enabled financial planning and advisory solutions are provided for individuals. | 2018 | New York, New York, United States | USD 222.01 M | – | – | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | Redwood City, California, United States | – | USD 691.23 K | – |
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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 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.
Prometheus operates through Prometheus Alternative Investments, Inc..