Fundz

Prosperstack Raises $2M Seed Round Led By Sandalphon Capital

PRIVATENov 09, 2022

Amount Raised

$2 Million

Round Type

Seed

MinneapolisAdvertisingSaaS

Description

ProsperStack, a leader in cancellation flow software boasting the ability to reduce subscriber churn by up to 30%, announced today that they've raised a $2 million Seed round, led by Sandalphon Capital. This investment brings ProsperStack's total funding to date to $2.35 million, driving an impressive growth trajectory for the team of subscription industry experts.

Quick answer

ProsperStack raised $2 Million in a Seed round, dated November 9, 2022. ProsperStack is based in Minneapolis, Minnesota, United States.

How much did ProsperStack raise?
ProsperStack raised $2 Million in a Seed round on November 9, 2022.
What does ProsperStack do?
ProsperStack is the drop-in cancellation flow that prevents churn and helps you understand why subscribers leave, so you can make informed product, pricing and remarketing decisions.
Where is ProsperStack based and how big is it?
ProsperStack is based in Minneapolis, Minnesota, United States.

Source: Fundz verified event record.

Who else raised in Advertising and SaaS around the same time

Companies in the same sectors as ProsperStack that raised within 45 days of this round, from Fundz verified event records.

  • Recast raised $3.4M (Seed) on December 15, 2022.
  • Topline Pro raised $5M (Seed) on October 31, 2022.
  • MediaRadar raised an undisclosed amount (Corporate Round) on September 26, 2022.
  • Events.com raised $100M on December 22, 2022.
  • TeamDynamix raised an undisclosed amount on December 21, 2022.
  • OneScreen AI raised $6.7M on December 19, 2022.

Who to call at ProsperStack, and when

A new round usually means ProsperStack is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day ProsperStack raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at ProsperStack, from your own LinkedIn network

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Company Information

Company

ProsperStack

Location

Minneapolis, Minnesota, United States

About

ProsperStack is the drop-in cancellation flow that prevents churn and helps you understand why subscribers leave, so you can make informed product, pricing and remarketing decisions. Import cancelled subscriptions from your payment processor to gain a full view of revenue lost over time. Create custom forms to survey past customers and all new cancellations to understand why subscribers leave. Use that information to improve your product roadmap. Reduce churn by presenting special offers tailored to the specific reasons customers are leaving. Use those same offers to recapture lost revenue from past cancellations.

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Fundz sees it the moment ProsperStack raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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ProsperStack raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.