Tech Company Financing Transactions
ProspX Funding Round
On 12/18/2008, ProspX raised $6.5 million in Series A funding from Adams Capital Management.
Transaction Overview
Company Name
Announced On
12/18/2008
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Series A
Investors
Adams Capital Management (Lead Investor) (Martin Neath)
Proceeds Purpose
This funding will be used by ProspX to expand development and marketing of its unique multi-party collaboration systems specifically designed to streamline processes for the commercial insurance industry.
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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