How Much Did Prodly Raise?
Funding & Key Investors

Prodly, a provider of data management solutions for Salesforce, has secured significant capital, with its total funding reaching $13.5M. The company recently announced a major strategic investment of $10M, underscoring its growth trajectory and market position. This latest financing round follows a history of strategic capital infusions aimed at expanding its platform capabilities and market reach.

What is Prodly?

Prodly
SoftwareEngineering Software

Prodly offers a specialized platform designed to streamline the process of receiving reference data between any Salesforce organizations. Catering to sales force administrators and developers, the company, founded in 2014 and headquartered in California, addresses a critical need for efficient data synchronization and management within the Salesforce ecosystem. Its solutions are vital for organizations looking to maintain data integrity and operational efficiency across multiple Salesforce instances.

How much funding has Prodly raised?

Prodly has raised a total of $13.5M across 2 funding rounds:

2019

Angel/Seed

$3.5M

2021

Series A

$10M

Angel/Seed (2019): $3.5M with participation from Northwest Venture Partners and Shasta Ventures

Series A (2021): $10M led by AltaIR Capital, Shasta Ventures, Flyer One Ventures, AvanTech Ventures, Norwest Venture Partners, Leta Capital, and Tmt Investments

Key Investors in Prodly

Shasta Ventures

Shasta Ventures is a leading early-stage venture capital firm specializing in enterprise software startups, known for partnering with entrepreneurs focused on building impactful products and delivering exceptional work experiences.

Norwest Venture Partners

Norwest Venture Partners is a global, multi-stage venture capital and growth equity investment firm with a long history dating back to 1961, focusing on a wide range of technology sectors.

AltaIR Capital

AltaIR Capital is an international early-stage venture investment company that focuses on backing promising startups with disruptive ideas across various sectors, including Productivity Tools, HR Tech, FinTech, InsurTech, and Digital Health.

What's next for Prodly?

The recent major strategic investment in Prodly signals a pivotal moment for the company, likely indicating a move towards scaling operations, enhancing product development, and expanding its market penetration. Given the enterprise-level context of its total funding, Prodly is positioned to further solidify its standing as a key player in Salesforce data management solutions. Future initiatives may include deeper integration capabilities, broader platform support, and strategic partnerships to capitalize on the growing demand for robust data governance tools within the CRM landscape.

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Frequently Asked Questions Regarding Prodly Financial Insights

What are the most recent funding rounds that Prodly has completed, and what were the funding rounds?
Prodly has recently completed 2 funding rounds: Series A on Oct 25, 2021, Angel/Seed on Jul 31, 2019.
What is the total amount of funding Prodly has raised to date?
Prodly has raised a total of $13.5M in funding to date.
How many funding rounds has Prodly completed?
Prodly has completed 2 funding rounds.
How much funding did Prodly raise in its most recent funding round?
Prodly raised $10M in its most recent funding round.
Who are the lead investors in Prodly's latest funding round?
The lead investor in Prodly's latest funding round was AltaIR Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Prodly's history?
The largest funding round in Prodly's history was $10M.
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