About ProsperOps
ProsperOps is a company based in Austin (United States) founded in 2018 by Erik Carlin, Chris Kuehl, and Chris Cochran was acquired by Flexera in January 2026.. ProsperOps has raised $72 million across 1 funding round from investors including Flexera and H.I.G. Growth Partners. ProsperOps operates in a competitive market with competitors including AvidXchange, LaiYe, C TWO and Rimilia, among others.
- Headquarter Austin, United States
- Founders Erik Carlin, Chris Kuehl, Chris Cochran
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Funding Insights of ProsperOps
ProsperOps has successfully raised a total of $72M through 1 strategic funding round. The most recent funding activity was a Series C round of $72 million completed in February 2023. 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 Series C — $72.0M
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First Round
First Round
(23 Feb 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2023 | Amount | Series C - ProsperOps | Valuation | H.I.G. Growth Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in ProsperOps
ProsperOps has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Flexera and H.I.G. Growth Partners. 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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Private equity investments are made in the United States.
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Cloud management solutions are delivered via an online IT platform.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by ProsperOps
| 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 - ProsperOps
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Prosperops Comparisons
Competitors of ProsperOps
ProsperOps 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 AvidXchange, LaiYe, C TWO and Rimilia, 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 |
Accounts payable and payment automation solutions are offered for businesses.
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Automation and work execution are managed by an AI-powered platform.
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| domain | founded_year | HQ Location |
Workflow automation is enabled via a cloud-based platform.
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| domain | founded_year | HQ Location |
Robotic process automation is applied to accounts receivable management.
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Prosperops
Frequently Asked Questions about ProsperOps
When was ProsperOps founded?
ProsperOps was founded in 2018 and raised its 1st funding round 5 years after it was founded.
Where is ProsperOps located?
ProsperOps is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Who is the current CEO of ProsperOps?
Chris Cochran is the current CEO of ProsperOps. They have also founded this company.
Is ProsperOps a funded company?
ProsperOps is a funded company, having raised a total of $72M across 1 funding round to date. The company's 1st funding round was a Series C of $72M, raised on Feb 23, 2023.
What does ProsperOps do?
ProsperOps was founded in 2018 in Austin, United States, as a provider of software for managing reserved instances in cloud computing. Machine learning algorithms are utilized to forecast usage, automate purchases and modifications, and maintain an optimized RI portfolio. Real-time monitoring, configurable controls, and a performance dashboard are included, along with support for existing reservations. Operations follow a subscription-based pricing model in the cloud cost optimization sector.
Who are the top competitors of ProsperOps?
ProsperOps's top competitors include AvidXchange, LaiYe and C TWO.
Who are ProsperOps's investors?
ProsperOps has 2 investors. Key investors include Flexera, and H.I.G. Growth Partners.
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