Tech Company Financing Transactions
ProphetX Funding Round
Chicago Trading Company, mixi and Ninjabet.com participated in a $10 million capital raise for ProphetX. The round closed on 4/11/2023.
Transaction Overview
Company Name
Announced On
4/11/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Proceeds Purpose
This round of funding will let us continue as disruptors in the betting space and push our fast-moving product forward in this blossoming market.
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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