Tech Company Financing Transactions
ProspX Funding Round
ProspX closed a $8 million Series B funding round on 2/28/2011. Backers included Adams Capital Management and private investors.
Transaction Overview
Company Name
Announced On
2/28/2011
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series B
Investors
Adams Capital Management (Lead Investor) (Martin Neath)
Proceeds Purpose
This investment is a great vote of confidence in our company, and we plan to use the funding to continue developing world class solutions that help our agency and carrier partners harness the best relationships, intelligence, and resources available for their clients.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
7600B N Capital of Texas Hwy 225
Austin, TX 78731
USA
Austin, TX 78731
USA
Phone
Website
Email Address
Overview
ProspX was founded in 2005 by industry veterans that saw a unique opportunity to improve many of the inefficiencies that exist in today's $500 billion dollar a year commercial insurance industry.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Steve Gold
Chief Technical Officer
Puru Agrawal
Executive Vice President
Todd Young
VP - Engineering
Trieu Pham
VP - Marketing
Jill Ford
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