How Much Did Prospance Raise?
Funding & Key Investors

Prospance has secured a total funding amount of $2.1M, with its most recent capital infusion being $1.1M in a major strategic investment announced on January 28, 2021. This significant backing underscores the company's established presence and growth trajectory in the enterprise technology solutions sector.

What is Prospance?

Prospance
Business ServicesSoftware Testing

Prospance is a technology solutions provider offering a broad spectrum of services designed to enhance business efficiency and security. Their offerings encompass Managed SOC Services, Salesforce SaaS solutions, Big Data Analytics, IT Security, and Cloud Technologies. Key products include Mobile Timecard Approval, Visual Performance Management, and iMask Data Masking, all aimed at optimizing operations for a diverse clientele seeking innovation through advanced technology. The company's focus on tailored services ensures alignment with specific customer needs in a competitive market.

How much funding has Prospance raised?

Prospance has raised a total of $2.1M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.1M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.1M led by PPP

What's next for Prospance?

The substantial enterprise-level funding context suggests Prospance is poised for significant scaling and further development of its service portfolio. This strategic investment will likely fuel expansion into new markets, enhance existing product capabilities, and potentially drive further innovation in areas such as cybersecurity and data analytics. The company's commitment to providing bespoke solutions indicates a strategy focused on deepening client relationships and solidifying its position as a key player in the enterprise technology landscape.

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Frequently Asked Questions Regarding Prospance Financial Insights

What are the most recent funding rounds that Prospance has completed, and what were the funding rounds?
Prospance has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Prospance has raised to date?
Prospance has raised a total of $2.1M in funding to date.
How many funding rounds has Prospance completed?
Prospance has completed 2 funding rounds.
How much funding did Prospance raise in its most recent funding round?
Prospance raised $1.1M in its most recent funding round.
Who are the lead investors in Prospance's latest funding round?
The lead investor in Prospance's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Prospance's history?
The largest funding round in Prospance's history was $1.1M.
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