About
Prophix is a financial performance platform serving 3,000+ global customers. Hit $100M ARR in 2022, backed by Hg Capital. Launched Prophix One platform in 2024 at flagship conference with 500 attendees. G2 Leader in Enterprise CPM. Named customers include USA Properties Fund, Lee Company. Founded 1987 in Mississauga, Canada.
Key Facts
- [1]Funding: Total funding: $8M. Last round: Jan 2021. Stage: Growth.
- [2]Employees: Employee count: 201-500.
- [3]Website: Official website: prophix.com.
- [4]AI Technology: Core AI/ML technologies: Predictive ML.
- [5]Region: Region: Americas (Canada).
Founder
Prophix Software
Enterprise FP&A
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Prophix?
Prophix is a financial performance platform serving 3,000+ global customers. Hit $100M ARR in 2022, backed by Hg Capital. Launched Prophix One platform in 2024 at flagship conference with 500 attendees. G2 Leader in Enterprise CPM. Named customers include USA Properties Fund, Lee Company. Founded 1987 in Mississauga, Canada. Prophix is classified in the Enterprise Finance segment at the Applications layer of the financial AI stack.
Who founded Prophix?
Prophix was founded by Prophix Software (Enterprise FP&A).
How much funding has Prophix raised?
Prophix has raised $8M in total funding, placing the company at the Growth stage. The most recent round closed in Jan 2021. Among 79 funded Enterprise Finance companies, Prophix ranks #74 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Prophix use?
Prophix primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Enterprise Finance segment, 58 companies use this technology.
What market segment does Prophix operate in?
Prophix operates in the Enterprise Finance market segment. AI enterprise finance companies are automating and enhancing the financial operations of businesses — from accounting and treasury management to financial planning, analysis, and corporate finance.
Where is Prophix headquartered?
Prophix is headquartered in Mississauga, Canada. The company operates in the Americas region. The team consists of 201-500 employees. Canada is home to 8 financial AI companies tracked by AIFI Map.
Who are Prophix's competitors?
Companies similar to Prophix in the Enterprise Finance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Prophix offer?
Prophix builds applications-layer solutions for the financial services industry. The company's core offering: AI-powered corporate performance management. The platform is powered by Predictive ML technology.