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Prosperstack Raises $2M Seed Round Led By Sandalphon Capital

Nov 09, 2022•almost 3 years ago

Amount Raised

$2 Million

Round Type

seed

MinneapolisSaasAdvertising

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.

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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