ProsperOps

Austin, United States Founded: 2018 • Age: 8 yrs Acquired By Flexera
Reserved instances are autonomously managed to optimize cloud costs.
Annual revenue - Latest available
Total funding $72.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products - Services tracked
Competitors 5 Brand Intelligence

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
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Technology → Robotics, Automation & Advanced Manufacturing 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
  • Total Equity Funding
    $72 M (USD)

    in 1 rounds

  • Latest Funding Round
    $72 M (USD), Series C

    Feb 23, 2023

  • Investors
    Flexera

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Flexera

    (Jan 06, 2026)

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People of ProsperOps

Headcount 10-50
Employee Profiles 27
Employee Profiles
People
Jordan Telenko
Sales Development Leader
People
James Purcell
Head Of Channel Partnerships - EMEA
People
Anna Barger
Art Director + Graphic Designer
People
John Lee
Head of Finance

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investments are made in the United States.
Locked Locked Locked
Cloud management solutions are delivered via an online IT platform.
Locked Locked Locked
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Investor details for ProsperOps

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Investments & Acquisitions by ProsperOps

Investments
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Investment portfolio details for ProsperOps

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Financial Statements - ProsperOps

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Detailed financials for ProsperOps

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Prosperops Comparisons

ProsperOps Primary company
Description
Reserved instances are autonomously managed to optimize clou...
Location
Austin, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for ProsperOps

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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.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
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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Workflow automation is enabled via a cloud-based platform.
Locked Locked Locked
Robotic process automation is applied to accounts receivable management.
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Detailed competitors of ProsperOps

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Latest news on Prosperops

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Complete news archive for ProsperOps

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Frequently Asked Questions about ProsperOps

ProsperOps was founded in 2018 and raised its 1st funding round 5 years after it was founded.

ProsperOps is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Chris Cochran is the current CEO of ProsperOps. They have also founded this company.

ProsperOps is a funded company, having raised a total of $72M across 1 funding round to date.

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.

ProsperOps's top competitors include AvidXchange, LaiYe and C TWO.

ProsperOps has 2 investors. Key investors include Flexera, and H.I.G. Growth Partners.

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