Tech Company Financing Transactions
ProphetX Funding Round
ProphetX, operating out of Hoboken, secured $35 million in investment from Data Point Capital, Parlay Capital Holdings and Belvedere Trading.
Transaction Overview
Company Name
Announced On
7/28/2026
Transaction Type
Venture Equity
Amount
$35,000,000
Round
Undisclosed
Investors
Data Point Capital (Lead Investor)
Parlay Capital Holdings (Lead Investor)
Proceeds Purpose
The company intends to use the funds to accelerate its product development, boost liquidity across markets, and scale its B2B platform and partnerships.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
720 Monroe St
Hoboken, NJ 07030
USA
Hoboken, NJ 07030
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
ProphetX is a federally regulated, peer-to-peer sports prediction marketplace and fintech platform that allows users to directly exchange outcomes, functioning similarly to financial markets. Founded in 2018, the company operates under the U.S. Commodity Futures Trading Commission (CFTC) as a regulated exchange with a focus on B2B infrastructure and consumer trading.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dean Sisun
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