Prophit

Cleveland, United States Founded: 2018 • Age: 8 yrs
E-invoicing compliance software is delivered with AI auditing features.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 1 Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Prophit

Prophit is a company based in Cleveland (United States) founded in 2018 by Rob Van Haaren. The company has 1 employees as of July 01, 2024. Prophit offers products and services including AI Platform, Free Health Check, Historical Analysis, and Model Training. Prophit operates in a competitive market with competitors including Avalara, Megvii, Unico, Chooch and Evrotrust, among others.

  • Headquarter Cleveland, United States
  • Employees 1 as on 01 Jul, 2024
  • Founders Rob Van Haaren
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
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  • Phone
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Operational Areas
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Industrial Goods & Manufacturing → Security, Surveillance & Safety Systems Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Technology → Artificial Intelligence & Machine Learning Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $25 K (USD), Grant

    Dec 09, 2019

  • Investors
  • Employee Count
    1

    as on Jul 01, 2024

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Products & Services of Prophit

Prophit offers a comprehensive portfolio of products and services, including AI Platform, Free Health Check, Historical Analysis, and Model Training.

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Primary

Analyzes data to prevent sales tax overpayments and ensure accuracy.

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Reviews Accounts Payable for tax errors and identifies refunds.

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Examines past purchases to detect overpaid sales tax issues.

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Trains models on company data for tailored tax predictions.

People of Prophit

Headcount 1-10
Employee Profiles 1
Employee Profiles
People
Austin Murray
Chief Executive Officer

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Teams

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Funding Insights of Prophit

Investors in Prophit

Prophit has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innovation Fund America and GLIDE.

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Venture Fund
Investor Description Founded Year Domain Location
Tech & Life Science focused seed stage VC firm investing in the US
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GLIDE is recognized as a small business resource center in Northeast Ohio.
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Investor details for Prophit

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Investments & Acquisitions by Prophit

Investments
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Investment portfolio details for Prophit

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Financial Statements - Prophit

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Detailed financials for Prophit

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Prophit Comparisons

Prophit Primary company
Description
E-invoicing compliance software is delivered with AI auditin...
Location
Cleveland, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1
As of 2024
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Peer comparison for Prophit

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Competitors of Prophit

Prophit 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 Avalara, Megvii, Unico, Chooch and Evrotrust, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based tax compliance solutions are delivered for businesses worldwide.
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Facial recognition and AI video analysis solutions are provided.
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Digital identity solutions company providing facial biometrics and digital admission solutions
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Generative computer vision solutions are offered for video stream analysis.
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AI-based identity verification and electronic signing are provided for businesses.
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AI-powered video analytics systems are provided for security and operations.
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Detailed competitors of Prophit

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Latest news on Prophit

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Complete news archive for Prophit

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Frequently Asked Questions about Prophit

Prophit was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Prophit is headquartered in Cleveland, United States. It is registered at Cleveland, Ohio, United States.

As of Jul 01, 2024, the latest employee count at Prophit is 1.

Prophit.ai was founded in 2018 and is based in Cleveland, United States. E-invoicing compliance solutions are provided for businesses through AI-based software. Invoice auditing and tax evaluation algorithms are included to ensure regulatory adherence. Operations focus on the fintech sector, supporting automated compliance processes across various industries.

Prophit's top competitors include Avalara, Megvii and Evrotrust.

Prophit offers AI Platform, Free Health Check, Historical Analysis, and Model Training.

Prophit has 2 investors. Key investors include Innovation Fund America, and GLIDE.

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