# Prequel Software

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prequel-software

- Industry: Software
- Headquarters: New York, US
- Website: www.prequel.dev/
- Total disclosed funding: $3.3M
- Latest round: Seed (Dec 16, 2024)
- Investors on record: 3

## About

Established in 2023 and based in New York, US, Prequel Software, Inc. operates as a problem detection and management AI-powered platform that enhances software reliability by proactively detecting potential failure conditions and suggesting mitigations. In December 2024, Prequel Software, Inc. raised USD 3.3 million in seed funding led by Work-Bench, with participation from Runtime Ventures and Operator Partners.

Prequel offers a community-driven problem detection and resolution platform intended to improve software reliability and mitigate incidents in production environments. The core product revolves around a comprehensive library of problem detectors that proactively identify open-source bugs, misconfigurations, and software antipatterns. These problem detectors utilize global failure knowledge that has traditionally been overlooked in platforms like GitHub and Discord, transforming it into actionable insights. Targeted toward engineering teams, Prequel’s solutions are applicable across various sectors, including cybersecurity and scientific software. The platform is designed to be compatible with multiple cloud environments, including AWS, GCP, and Azure, as well as on-premises systems, catering to a global market of businesses that require software reliability solutions.

Prequel's revenue model is built on subscription-based access to its problem detection platform, which includes various pricing tiers tailored to different customer profiles. Their offerings cater to small teams, expanding businesses, and enterprise-level applications, with subscriptions typically structured around the number of nodes utilized. The company emphasizes a flat pricing model devoid of data fees, allowing clients predictable costs associated with their service. Specific pricing plans are designed to support businesses ranging from small teams with fewer than 100 nodes to large enterprises exceeding 500 nodes.

## Funding rounds

- Seed, Dec 16, 2024, $3.3M — Work-Bench, Operator Partners, Runtime Ventures

## Investors

- Work-Bench — Seed
- Operator Partners — Seed
- Runtime Ventures (https://capitalatlas.ai/funds/runtime-ventures) — Seed