- Companies
- Prophecy.io
Prophecy.io Valuation, Funding & Investors
Prophecy.io is valued at $268M as of January 2025.
Last Prophecy.io valuation
$268M
Series B · Jan 2025
Last Prophecy.io funding round
$47M
Series B · Jan 2025
Cumulative funding Prophecy.io raised
$159M
across 7 funding rounds
Key investors in Prophecy.io
SignalFire
Insight Partners
Berkeley SkyDeck Fund
JPMorgan Chase
DIG Ventures
Dallas Venture Capital
About Prophecy.io
Prophecy.io is a San Francisco-based platform providing AI-powered data transformation tools for building and managing pipelines on AWS, Azure, and Google Cloud. Users develop visual workflows that generate Spark and Python code, deploy to production clusters, and monitor performance through integrated observability features. The copilot assists data engineers, analysts, and scientists in handling ETL processes, schema evolution, and quality checks across enterprise-scale datasets.
Founded
2017
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$268M (Jan 2025)
Prophecy.io Valuation
Prophecy.io is currently valued at $268M, based on its Series B in January 2025.
The $47M round was led by Smith Point Capital, with participation from Dallas Venture Capital, HSBC, SignalFire, JPMorgan Chase, Insight Partners and 1 other investor.
Prophecy.io's valuation has grown 8.9x from $30M at its Series A in February 2021 to $268M in January 2025, across 3 priced rounds.
Prophecy.io valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2025 | Series B | $268M |
| Oct 2024 | Series B | $268M |
| Feb 2021 | Series A | $30M |
Prophecy.io Funding History
Prophecy.io has raised a total of $159M across 7 funding rounds.
Prophecy.io's first fundraising round was a $100K angel round in April 2017. The most recent completed round was a $47M Series B in January 2025.
Prophecy.io funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2025 | Series B | Smith Point Capital (lead); Dallas Venture Capital; HSBC; SignalFire; JPMorgan Chase; Insight Partners; Berkeley SkyDeck Fund | $47M | $268M | Prophecy.io is a Palo Alto-based data copilot company providing an AI-powered platform for data engineering, integration, and transformation. It enables enterprises to build and deploy data pipelines for AI and analytics applications using visual design, code, and AI copilot features, optimized for modern cloud data platforms. The platform addresses productivity challenges where data teams spend 80-90% of time on data preparation, helping customers like Amgen, HSBC, and JPMorgan Chase accelerate AI deployments from pilots to production. On January 16, 2025, Prophecy announced a $47 million Series B extension round led by Smith Point Capital, with new investor HSBC and participation from existing backers Berkeley SkyDeck Fund, Dallas Venture Capital, Insight Partners, JP Morgan Chase, and SignalFire. The funding aims to accelerate product roadmap development and scale to serve more customers in 2025, amid surging enterprise demand for AI capabilities. Forge Global lists a post-money valuation of $267.82 million for the Series B-1 round dated January 15, 2025, with total funding reaching $113.5 million. The round follows strong traction, including 3.5X revenue growth in FY'24 and 160% net revenue retention from existing customers, particularly Fortune 500 firms. Prophecy positions itself at the forefront of data stack modernization, shifting from legacy tools amid AI boom, by generating standardized open code for handling structured/unstructured data across on-premises and cloud sources. Customers report reduced backlogs in AI and analytics projects, with the platform streamlining workflows for data engineers and analysts on a unified platform. |
| Oct 2024 | Series B | - | $39M | $268M | Prophecy.io is a Palo Alto-based data copilot company providing a data engineering platform that simplifies and accelerates the development and deployment of data pipelines for AI and analytics. It serves Fortune 500 enterprises in banking, insurance, healthcare, life sciences, and technology, including Amgen, HSBC, and JPMorgan Chase, helping them deliver clean, trusted data by automating complex workflows for data engineers and analysts. The platform combines visual design, code, and AI to address productivity challenges where data teams spend 80% of time preparing data. Around October 2024, Prophecy raised funding in a Venture - Series Unknown round of $38.80M on October 10, with sources also noting a Series B of $35M on October 2, 2023, and a total raised approximating $116M over multiple rounds. A Series B1 or B extension of $47M was announced in January 2025, led by Smith Point Capital with participation from HSBC, Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase, and SignalFire. This funding aims to accelerate the roadmap, scale to more customers in 2025, and advance AI-powered data transformation. Prophecy reported 3.5X revenue growth in FY’24 with 160% net revenue retention from existing customers. Earlier valuation in February 2021 was $23.25-$30M, with post-money valuation for the Series B-1 in January 2025 at $267.82M. The company positions itself to solve multi-billion-dollar productivity issues in enterprise data operations amid growing AI demands. |
| Oct 2023 | Series B | Insight Partners (lead); SignalFire (lead); Dallas Venture Capital; SquareOne Capital; Singtel Innov8; Databricks Ventures; JPMorgan Chase | $35M | - | Prophecy.io is a self-service, low-code data transformation and engineering platform that enables non-coding data teams to build visual pipelines converted to open-source code like PySpark, Scala, or SQL, targeting enterprise data productivity for analytics and AI applications on platforms like Databricks lakehouse. The company announced its $35 million Series B funding round on October 11, 2023, led by Insight Partners and SignalFire, with participation from J.P. Morgan, Singtel Innov8, Databricks Ventures, and Dallas Venture Capital, bringing total funding to $67 million following a prior $25 million Series A in January 2022 led by Insight Partners. Funds are allocated to scale the platform, customer acquisition, and growth acceleration amid enterprise focus on data capabilities. At the time of the Series B, Prophecy reported serving thousands of users across multiple Fortune 500 companies in banking, healthcare, and tech sectors, with around 100 employees; customers typically purchase software licenses starting at hundreds of thousands of dollars, with largest exceeding a million dollars. Revenue growth was noted at 400% year-over-year since the Series A. Prophecy competes with data transformation tools like Coalesce, Informatica, Talend, Incorta, and Etleap in a market projected to grow 12.3% annually from 2023 to 2030 per Grand View Research, from $11.91 billion in 2022. Strategic partnerships include Databricks, with board additions from lead investors George Mathew (Insight Partners, ex-COO Alteryx) and Ilya Kirnos (SignalFire). Subsequent developments include a Generative AI Platform launch in June 2023 and a Biz Plan Competition round in October 2024, with total funding reaching $116.35 million over 8 rounds. |
| Jan 2022 | Series A | Insight Partners (lead); SignalFire; DIG Ventures; Berkeley SkyDeck Fund | $25M | - | Prophecy.io is an enterprise low-code data engineering platform that applies DevOps practices like Git-based code, CI/CD, and visual drag-and-drop interfaces to streamline data transformation and refining for analytics and machine learning. The company raised a $25 million Series A funding round on January 20, 2022, led by Insight Partners, with participation from seed investors SignalFire, Berkeley SkyDeck, and Dig Ventures, bringing total funding to over $31 million. This capital was intended to accelerate platform availability and advance data engineering capabilities amid challenges in traditional data tooling. Insight Partners' Managing Director George Mathew highlighted Prophecy's creation of a new category in modern data engineering platforms. CEO Raj Bains emphasized industrializing data refining to address artisanal processes failing business outcomes. Subsequent rounds included a $35M Series B in October 2023 led by Insight Partners and SignalFire, with J.P. Morgan, Databricks Ventures, Dallas Venture Capital, and Singtel Innov8, totaling raised to around $67M at that point, focused on scaling the platform and customer acquisition. By then, revenue had grown 400% year-over-year since the Series A, with deals from hundreds of thousands to over a million dollars, serving thousands of users at Fortune 500 firms in banking, healthcare, and tech. A $47M Series B extension followed in January 2025 led by Smith Point Capital, with HSBC and existing investors including Insight Partners and SignalFire, after 3.5x revenue growth in FY'24 and 160% net revenue retention. |
| Feb 2021 | Series A | SignalFire (lead); DIG Ventures | $7M | $30M | Prophecy.io is a self-service data transformation platform offering a visual low-code interface for building, deploying, and managing data engineering pipelines with software best practices. The company provides tools for data users and teams to create high-quality code for trusted data processing, supporting cloud migrations and integrations with platforms like Databricks. In January 2022, Prophecy raised a $25 million Series A round led by Insight Partners, with participation from seed investors SignalFire, Berkeley Skydeck, and Dig Ventures, bringing total funding to over $31 million. The funding aimed to expand go-to-market efforts and enhance the low-code platform. Customers include Fortune 500 companies using it for enterprise data infrastructure. Subsequently, in 2023, Prophecy secured a $35 million Series B round led by Insight Partners and SignalFire, with J.P. Morgan, Singtel Innov8, Databricks Ventures, and DallasVC participating, increasing total funding to $67 million. The round supported scaling amid 400% YoY growth and product innovations like Prophecy for Databricks, Data Copilot AI assistant, and Package Hub. |
| Aug 2019 | Seed | SignalFire (lead); Berkeley SkyDeck Fund | $7M | - | - |
| Apr 2017 | Angel | - | $100K | - | - |
Who has invested in Prophecy.io?
11 investors have backed Prophecy.io across its funding rounds, including SignalFire, Insight Partners, Berkeley SkyDeck Fund, JPMorgan Chase, DIG Ventures and Dallas Venture Capital.
Lead investors include Smith Point Capital, Insight Partners and SignalFire.
Prophecy.io Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 5 | Lead | Aug 2019 | ||
| 3 | Lead | Jan 2022 | ||
| 3 | Participant | Aug 2019 | ||
| 2 | Participant | Oct 2023 | ||
| 2 | Participant | Feb 2021 | ||
| 2 | Participant | Oct 2023 | ||
| 1 | Lead | Jan 2025 | ||
| 1 | Participant | Oct 2023 | ||
| 1 | Participant | Jan 2025 | ||
This data is available for Pro users. Sign up to see all 11 Prophecy.io investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialProphecy.io Competitors
Prophecy.io competitors include listed companies like BTQ Technologies and Asteria, and private ones like Superconductive, NYM Technologies SA, Liqid and Recall.ai.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $267M | - | ||
| Private | - | - | $270M | - | ||
| Private | - | - | $275M | - | ||
| Private | $31M | - | $250M | 8.1x | ||
| Publicly listed | $226K | ($18M) | $395M | 266.9x | ||
| Publicly listed | $22M | $9M | $118M | 4.8x |
Prophecy.io Public Comps
Prophecy.io is still privately-owned, but its public comps include Datavault AI, Zhongfu Information, BTQ Technologies, Asteria, Airship AI, AgEagle Aerial Sys, Exasol, Celebrus, Dataworks Group and SpectrumOne.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $39M | ($49M) | 4.1x | 1.1x | (3.3x) | (7.9x) | |||
| $108M | $1M | 3.4x | 2.7x | 359.0x | - | |||
| $226K | ($18M) | 1720.6x | 266.9x | (21.8x) | - | |||
| $22M | $9M | 4.7x | 4.8x | 11.8x | - | |||
| $15M | ($5M) | 3.6x | 3.6x | (10.7x) | (9.9x) | |||
| $13M | ($4M) | 3.6x | - | (10.3x) | - | |||
| $48M | $5M | 0.6x | 0.7x | 6.6x | 7.5x | |||
| $24M | ($1M) | 0.5x | 0.5x | (12.9x) | (23.8x) | |||
This data is available for Pro users. Sign up to see all Prophecy.io competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Prophecy.io
| When was Prophecy.io founded? | Prophecy.io was founded in 2017. |
| Where is Prophecy.io headquartered? | Prophecy.io is headquartered in San Francisco, CA, United States. |
| Is Prophecy.io publicly listed? | No, Prophecy.io is a private, VC-backed company. |
| What is Prophecy.io's valuation? | Prophecy.io was last valued at $268M in its Series B in January 2025. |
| How much funding has Prophecy.io raised? | Prophecy.io has raised $159M across 7 funding rounds. |
| What was Prophecy.io's last funding round? | Prophecy.io's last funding round was a $47M Series B in January 2025, led by Smith Point Capital. |
| Who are Prophecy.io's investors? | Prophecy.io's investors include SignalFire, Insight Partners, Berkeley SkyDeck Fund, Dallas Venture Capital, DIG Ventures, JPMorgan Chase, Smith Point Capital, SquareOne Capital, HSBC, Singtel Innov8 and 1 other. |
| Which companies are comparable to Prophecy.io? | Companies comparable to Prophecy.io include Superconductive, NYM Technologies SA, Liqid, Recall.ai, BTQ Technologies and Asteria. |
See companies similar to Prophecy.io
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




