About Prosimo
Prosimo is a company based in Santa Clara (United States) founded in 2019.. Prosimo has raised $55 million across 2 funding rounds from investors including BlackRock, Redline Capital Management and DTCP. The company has 19 employees as of April 07, 2024. Prosimo operates in a competitive market with competitors including Aviatrix, Arista, Unitas Global, Mist Systems and Alkira, among others.
- Headquarter Santa Clara, United States
- Employees 19 as on 07 Apr, 2024
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Prosimo.Io India Private Limited
- Date of Incorporation 10 Nov, 2020
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$75.33 K (USD)0as on Mar 31, 2021
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Net Profit
$8.05 K (USD)0as on Mar 31, 2021
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EBITDA
$11.3 K (USD)0as on Mar 31, 2021
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Total Equity Funding
$55 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
Jun 29, 2022
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Investors
BlackRock
& 5 more
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Employee Count
19
as on Apr 07, 2024
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Software Development Team
399 people
Leadership Team
120 people
Sales and Marketing
80 people
Senior Team
77 people
Product Management Team
57 people
Principal Team
49 people
Human Resources and Administration
36 people
Sr. Team
27 people
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Funding Insights of Prosimo
Prosimo has successfully raised a total of $55M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in June 2022. 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 Series B — $30.0M
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First Round
First Round
(06 Apr 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series B - Prosimo | Valuation | Redline Capital Management , BlackRock | |
| Apr, 2021 | Amount | Series A - Prosimo | Valuation | General Catalyst , Celesta Capital |
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| 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 Prosimo
Prosimo has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include BlackRock, Redline Capital Management and DTCP. 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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Growth-stage tech investments are made in North America, Europe, Israel.
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Founded Year | Domain | Location | |
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Private equity and infrastructure fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Investment and transformation services for entrepreneurs in technology and finance sectors.
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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 Prosimo
| 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 - Prosimo
| 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 |
Prosimo Comparisons
Competitors of Prosimo
Prosimo 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 Aviatrix, Arista, Unitas Global, Mist Systems and Alkira, 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 |
Hybrid cloud integration software is developed for enterprise connectivity.
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| domain | founded_year | HQ Location |
Cloud networking solutions are delivered via AI and SaaS platforms.
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| domain | founded_year | HQ Location |
Cloud networking platform is provided for enterprise connectivity and optimization.
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| domain | founded_year | HQ Location |
Cloud-based analytics are provided for intelligent wireless networks.
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| domain | founded_year | HQ Location |
Cloud networking solutions and network unification are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Prosimo
Frequently Asked Questions about Prosimo
When was Prosimo founded?
Prosimo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Prosimo located?
Prosimo is headquartered in Santa Clara, United States. It is registered at Santa Clara, California, United States.
Is Prosimo a funded company?
Prosimo is a funded company, having raised a total of $55M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Apr 06, 2021.
How many employees does Prosimo have?
As of Apr 07, 2024, the latest employee count at Prosimo is 19.
What is the annual revenue of Prosimo?
Annual revenue of Prosimo is $75.33K as on Mar 31, 2021.
What does Prosimo do?
Prosimo was established in 2019 in Santa Clara, United States, within the cloud networking sector. An integrated platform is offered to support enterprise cloud journeys across AWS, Azure, and Google Cloud infrastructures. Services include networking, performance optimization, security measures, observability tools, and cost management features. Application experiences are measured and delivered through these existing public cloud environments.
Who are the top competitors of Prosimo?
Prosimo's top competitors include Arista, Aviatrix and Lightstorm.
Who are Prosimo's investors?
Prosimo has 6 investors. Key investors include BlackRock, Redline Capital Management, DTCP, General Catalyst, and Celesta.
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