# Prolific Academic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prolific-academic

- Industry: Software
- Headquarters: London, UK
- Website: www.prolific.co
- Total disclosed funding: $34M
- Latest round: Series A (Jul 12, 2023)
- Investors on record: 6

## About

Founded in 2014 by Ekaterina Damer and Phelim Bradley and based in Oxford, UK, Prolific Academic Ltd. operates as a research technology company that connects researchers to collect responses from other participants and uses tools to conduct online research. In December 2019, Prolific Academic Ltd. raised USD 1.2 million in seed funding co-led by AltaIR and Pioneer Fund, with participation from 10x Value Partners and Y Combinator. The company has over 10,000 researchers from more than 1500 institutions and companies, and a network of more than 70,000 active research participants from various backgrounds. The clients of the company include the World Bank and several other fortune 500 companies. 

The company operates as a developer of a platform that connects researchers with global research participants. The platform provides solutions to researchers, data scientists, and entrepreneurs to collect responses from participants. The company also provides cash rewards to participants, and the software can be integrated with any survey tool. 

The company generates revenue through its SaaS-based platform. It requires researchers to pay participants USD 9.60 per hour, while the minimum pay is USD 6.50 per hour. The company also charges a 33% service fee on the total participant cost.

## Funding rounds

- Series A, Jul 12, 2023, $33M — Partech Partners, Oxford Sciences Enterprises
- Seed, Dec 4, 2019, $1.2M — Y Combinator, Pioneer Fund, Altair Investments, 10x Value Partners

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed
- Altair Investments (https://capitalatlas.ai/funds/altair-investments) — Seed
- 10x Value Partners (https://capitalatlas.ai/funds/10x-value-partners) — Seed
- Partech Partners (https://capitalatlas.ai/funds/partech-partners) — Series A
- Oxford Sciences Enterprises (https://capitalatlas.ai/funds/oxford-sciences-enterprises) — Series A