Tech Company Financing Transactions

ProsperOps Funding Round

ProsperOps closed a $72 million financing round on 2/23/2023. Backers included H.I.G. Growth Partners and private investors.

Transaction Overview

Company Name
Announced On
2/23/2023
Transaction Type
Venture Equity
Amount
$72,000,000
Round
Undisclosed
Investors

H.I.G. Growth Partners (Lead Investor)

Proceeds Purpose
The company intends to use the funds to further scale its platform capabilities, engineering, and go-to-market teams, as well as expand from Amazon Web Services (AWS) to additional cloud providers.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
110 K St 330
Boston, MA 02127
USA
Email Address
Overview
Electra envisions a world where energy storage expands throughout multiple sectors, reaching global electrification goals, and we intend to take part by removing battery technology barriers. Electra's team of Artificial Intelligence (AI) and electric vehicle experts are developing innovative software technology to solve today's biggest electrification problems. With the latest in Machine Learning (ML) and access to over 300 cell models for simulation, Electra's battery pack software optimizes range, performance, lifetime, and safety across various applications and industries using an Adaptive Battery Digital Twin.
Profile
ProsperOps LinkedIn Company Profile
Social Media
ProsperOps Company Twitter Account
Company News
ProsperOps News
Facebook
ProsperOps on Facebook
YouTube
ProsperOps on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Chris Cochran
  Chris Cochran LinkedIn Profile  Chris Cochran Twitter Account  Chris Cochran News  Chris Cochran on Facebook
Chief Technical Officer
Christopher Kuehl
  Christopher Kuehl LinkedIn Profile  Christopher Kuehl Twitter Account  Christopher Kuehl News  Christopher Kuehl on Facebook
Co-Founder
Erik Carlin
  Erik Carlin LinkedIn Profile  Erik Carlin Twitter Account  Erik Carlin News  Erik Carlin on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/23/2023: P2 Science venture capital transaction
Next: 2/23/2023: Gridium venture capital transaction

 

Share this article

 


Where The Data Comes From

We document all VC transactions involving tech companies. VC investment data records on this site come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary