ProphetX
PrivateLast Round
VC Round
Apr 10, 2023
Company Overview
ProphetX is a peer-to-peer sports prediction exchange that allows users to bet against each other rather than a traditional sportsbook. The company operates on a sweepstakes model, which enables its legality in over 39 U.S. states. Users can set their own odds or accept existing offers on the platform, which typically results in better pricing compared to conventional sportsbooks. The platform was founded in 2018 and is headquartered in Hoboken, New Jersey. ProphetX is a relaunch of the former 'Prophet Exchange,' which operated as a regulated exchange in New Jersey before pivoting its business model in 2024 to expand its national presence.
Sector
Media, Entertainment & Gaming
Verticals
Wagering Platforms, Sports & Fitness
Business Model
B2C
Customer Profile
Marketplace Commission, Freemium
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
ProphetX Comps
Public and private peers based on sector, stage, and business model.
ProphetX Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| VC Round | Apr 10, 2023 | ||||
| Seed | Oct 12, 2021 |
ProphetX Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Belvedere Strategic Capital | VC Round |
| GFR Fund | VC Round |
| Sutter Rock Capital Corp. | VC Round |
| Chicago Trading Company | VC Round |
| MaC Venture Capital | VC Round |
| Sharp Alpha Advisors | Seed, VC Round |
ProphetX Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation | Sign Up to view | Mock Valuation |
Frequently Asked Questions
Common questions about ProphetX's valuation, stock price, and market status.
