ProphetX
ProphetX Raises $35M Funding Round for Sports Prediction Market
ProphetX announced $35M in Funding Round financing on July 28, 2026. ProphetX raised $35 million in a round led by Parlay Capital and Data Point Capital to accelerate product development, boost market liquidity, and scale its B2B platform.
Round details
The financing includes backing from Parlay Capital, Data Point Capital, FDJ Ventures, Greenwave Ventures, Connexa Capital, Impellent Ventures, Sharp Alpha Advisors. The company did not publish a valuation with the announcement.
- Round: Funding Round
- Capital announced: $35M
How the company plans to use the capital
ProphetX said it will use the funding to accelerate product development, boost liquidity across markets, and scale its B2B platform and partnerships.
Why this matters for GTM teams
The round drew participation from venture, sports, and proprietary trading firms, according to the release.
Fresh capital is often an operational signal rather than a buying signal by itself. Teams should validate the company’s hiring pattern, product launches, geographic expansion, and technology priorities before choosing the message and timing of outreach.
Source and methodology
This report is based on the company’s announcement and records the disclosed amount, round, investors, location, and stated use of funds. SalesTools Research does not estimate undisclosed valuation or revenue figures.
Primary source: ProphetX funding round announcement.
Company Info
Investors (7)
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