Tech Company Financing Transactions
ProsperOps Funding Round
ProsperOps closed a $72 million financing round on 2/23/2023. Backers included H.I.G. Growth Partners and private investors.
Transaction Overview
Company Name
Announced On
2/23/2023
Transaction Type
Venture Equity
Amount
$72,000,000
Round
Undisclosed
Investors
H.I.G. Growth Partners (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further scale its platform capabilities, engineering, and go-to-market teams, as well as expand from Amazon Web Services (AWS) to additional cloud providers.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
110 K St 330
Boston, MA 02127
USA
Boston, MA 02127
USA
Phone
Website
Email Address
Overview
Electra envisions a world where energy storage expands throughout multiple sectors, reaching global electrification goals, and we intend to take part by removing battery technology barriers. Electra's team of Artificial Intelligence (AI) and electric vehicle experts are developing innovative software technology to solve today's biggest electrification problems. With the latest in Machine Learning (ML) and access to over 300 cell models for simulation, Electra's battery pack software optimizes range, performance, lifetime, and safety across various applications and industries using an Adaptive Battery Digital Twin.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Cochran
Chief Technical Officer
Christopher Kuehl
Co-Founder
Erik Carlin
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We document all VC transactions involving tech companies. VC investment data records on this site come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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