# Prophecy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/prophecy

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.prophecy.io/
- Total disclosed funding: $101M
- Latest round: Series B (Sep 27, 2024)
- Investors on record: 10

## About

Based in California, US, and founded in 2017, Prophecy Inc. is a company that provides engineering software for data practitioners designed to improve workflow. The company helps users maintain separate environments for tests, integration, and production and offers solutions such as data engineering, data governance, and cloud migration. The company was co-founded by Maciej Szpakowski, Raj Bains (CEO), Rohit Bakhshi, Rohit Bakhshi, and Vikas Marwaha and some of its clients are HSBC, AMGEN, Marks & Spencer, JP Morgan Chase & Co., Microsoft, etc.  In October 2023, Prophecy Inc. raised USD 35 million in series B funding co-led by investors Insight Partners and SignalFire, with participation from other investors Dallas Venture Capital, JP Morgan Asset Management, Databricks Ventures, and Singtel Innov8. The firm as of June 2024, has offices in San Diago and Palo Alto, California. In January 2025, Prophecy Inc. raised USD 47 million in series B funding led by Smith Point Capital, with participation from HSBC Asset Management, Berkeley SkyDeck Fund,  Dallas Venture Capital, Insight Partners, JP Morgan Asset Management, and SignalFire.

The company has a complete enterprise product designed for engineering teams to speed up the data development and deployment process. Prophecy product - Data Transformation Copilot for Databricks has features such as Prophecy Designer, Prophecy Hub, data governance, cloud execution, Prophecy Transpiler, and agility with continuous integration and deployment. The platform offers solutions such as productivity on Databricks to make all data users more productive, ETL modernization for cloud-native ETL development, and transformation for RAG for power retrieval-augmented generation.

The company will use the funding to accelerate transformation of data integration market using artificial intelligence-powered platform/

## Funding rounds

- Series B, Sep 27, 2024, $39M — Insight Partners, JP Morgan Asset Management, Dallas Venture Capital, SignalFire, HSBC Asset Management, Berkeley SkyDeck Fund, Smith Point Capital
- Series B, Sep 15, 2023, $35M — Insight Partners, JP Morgan Asset Management, Singtel Innov8, Dallas Venture Capital, SignalFire, Databricks Ventures
- Series A, Jan 20, 2022, $25M — Insight Partners, SignalFire, Berkeley SkyDeck Fund, DIG Ventures
- Seed, Nov 18, 2020 — DIG Ventures
- Seed, Aug 16, 2019, $2.6M — SignalFire, Berkeley SkyDeck Fund

## Investors

- SignalFire (https://capitalatlas.ai/funds/signalfire) — Seed, Series A, Series B
- Berkeley SkyDeck Fund (https://capitalatlas.ai/funds/berkeley-skydeck-fund) — Seed, Series A, Series B
- DIG Ventures (https://capitalatlas.ai/funds/dig-ventures) — Seed, Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series A, Series B
- JP Morgan Asset Management (https://capitalatlas.ai/funds/jp-morgan-asset-management) — Series B
- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Series B
- Dallas Venture Capital (https://capitalatlas.ai/funds/dallas-venture-capital) — Series B
- Databricks Ventures (https://capitalatlas.ai/funds/databricks-ventures) — Series B
- HSBC Asset Management (https://capitalatlas.ai/funds/hsbc-asset-management) — Series B
- Smith Point Capital (https://capitalatlas.ai/funds/smith-point-capital) — Series B