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ProphetX raises $35M in a funding round led by Parlay Capital and Data Point Capital to enhance product development and scale its B2B platform.
PRIVATEJul 28, 2026•1 day ago
Amount Raised
$35 Million
Round Type
Venture - Series Unknown
New York
Investors
EmatiqPrincipals At Consolidated TradingPrincipals At White Swan DataBelvedere TradingChicago Trading Company VenturesSharp Alpha AdvisorsOperating GroupImpellent VenturesConnexa CapitalGreenwave VenturesFdj VenturesData Point CapitalParlay Capital
Description
ProphetX announced a $35 million fundraising round to accelerate product development and expand its B2B platform. The round was led by Parlay Capital and Data Point Capital, with participation from multiple investors. This capital will help the company meet surging demand following its recent nationwide launch. ProphetX aims to triple trading volume in 2026 by leveraging new partnerships and increased market coverage.
Company Information
Company
ProphetX
Location
New York, New York, United States
About
ProphetX is America's #1 sports prediction market. The company is working to become the first regulated U.S. exchange and clearinghouse with a sports-native foundation, built to scale across event-driven markets. With a focus on innovation, ProphetX aims to lead in the evolving prediction market landscape.
New York