Prophecy, a Palo Alto, CA-based data copilot company specializing in data integration and transformation, has raised $47 million in Series B1 funding.
Investors
The round was led by Smith Point Capital, with HSBC joining as a new investor. Existing backers, including Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase, and SignalFire, also participated.
Smith Point Capital, founded in 2022, is a venture capital firm headquartered in Boston, Massachusetts. The firm focuses on growth equity investments in enterprise software companies driving digital transformation. It combines operational support with strategic capital to help companies accelerate growth and maximize market impact.
Prophecy Use of Funds
This funding will accelerate Prophecy’s roadmap and enable it to scale to serve more customers in 2025.
About Prophecy
Prophecy is a data engineering platform that simplifies and accelerates the development and deployment of data pipelines. Its platform is designed to help enterprises streamline preparing, integrating, and transforming data for AI and analytics applications. Prophecy serves large organizations, including Fortune 500 companies such as Amgen, HSBC, and JPMorgan Chase.
Funding Details
Company: Prophecy Inc.
Raised: $47.0M
Round: Series B1
Funding Month: January 2025
Lead Investor: Smith Point Capital
Additional Investors: HSBC, Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase, SignalFire
Company Website: https://www.prophecy.io/
Software Category: Data Engineering
Source: https://www.prophecy.io/press-releases/prophecy-takes-in-47m-led-by-smith-point-capital