About Propense.ai
Propense.ai is a company based in Miami (United States) founded in 2023 by Alexander Diaz Fraenkel, Nnamdi Anyanwu, and Timothy Keith.. Propense.ai has raised $3 million across 2 funding rounds from investors including Thomson Reuters Ventures, Harlem Capital and Operator Collective. Propense.ai offers products and services including Propense.ai Platform and Data-Driven Insights. Propense.ai operates in a competitive market with competitors including Outreach, People.ai, Vividly, Aviso and OrbitShift, among others.
- Headquarter Miami, United States
- Founders Alexander Diaz Fraenkel, Nnamdi Anyanwu, Timothy Keith
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Propense, 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
$3 M (USD)
in 2 rounds
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Latest Funding Round
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Investors
Thomson Reuters Ventures
& 5 more
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Employee Count
Employee Count
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Products & Services of Propense.ai
Propense.ai offers a comprehensive portfolio of products and services, including Propense.ai Platform and Data-Driven Insights. 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.
Analyzes data to identify and recommend client needs for firms
Assesses client data for service suggestions and market alignment
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Funding Insights of Propense.ai
Propense.ai has successfully raised a total of $3M across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(06 Mar 2024)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Propense.ai | Valuation | Thomson Reuters Ventures |
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| Mar, 2024 | Amount | Seed - Propense.ai | Valuation | Harlem Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Propense.ai
Propense.ai has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Thomson Reuters Ventures, Harlem Capital and Operator Collective. 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 |
|---|---|---|---|---|
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Early-stage enterprise technology companies are targeted for investment.
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Founded Year | Domain | Location | |
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Venture capital investments are provided to diverse startups by Harlem Capital.
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Founded Year | Domain | Location | |
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B2B startups are developed by Operator Collective studio.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Propense.ai
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Propense.ai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Propense.Ai Comparisons
Competitors of Propense.ai
Propense.ai 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 Outreach, People.ai, Vividly, Aviso and OrbitShift, 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 |
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| domain | founded_year | HQ Location |
Sales execution platform provided to streamline strategies and engage customers.
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| domain | founded_year | HQ Location |
Sales representatives' performance is evaluated via an AI-based platform.
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| domain | founded_year | HQ Location |
Trade promotion management software is provided for CPG brands.
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| domain | founded_year | HQ Location |
AI-powered predictive analytics are provided for sales optimization.
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| domain | founded_year | HQ Location |
AI based sales intelligence solutions based on CRM data
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Propense.Ai
Frequently Asked Questions about Propense.ai
When was Propense.ai founded?
Propense.ai was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Propense.ai located?
Propense.ai is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Propense.ai?
Timothy Keith is the current CEO of Propense.ai. They have also founded this company.
Is Propense.ai a funded company?
Propense.ai is a funded company, having raised a total of $3M across 2 funding rounds to date. The company's 1st funding round was a Seed of $3M, raised on Mar 06, 2024.
What does Propense.ai do?
Propense.ai was founded in 2023 in Miami, United States, as an AI technology platform focused on B2B predictive sales intelligence. Real-time cross-selling scores are provided for firms, clients, industries, and custom segments through a cloud-based system. Forecasting metrics for cross-selling goals are delivered, with historical and market data analyzed to streamline revenue generation in the sales sector.
Who are the top competitors of Propense.ai?
What products or services does Propense.ai offer?
Propense.ai offers Propense.ai Platform and Data-Driven Insights.
Who are Propense.ai's investors?
Propense.ai has 6 investors. Key investors include Thomson Reuters Ventures, Harlem Capital, Operator Collective, NEA, and Florida Opportunity Fund.
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