# ProphetX

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.prophetx.co
- Total disclosed funding: $10M
- Latest round: Series A (Apr 10, 2023)
- Investors on record: 3

## About

Based in the US, ProphetX LLC is a predictive analytics company specializing in sports betting markets, offering users an interactive platform to engage in outcome-based trading for various sporting events.Founded in 2018, ProphetX LLC operates primarily out of New York, US, and focuses on developing a sports prediction market. The company was co-founded by Dean Sisun (CEO) and Jake Benzaquen (COO). In July 2026, ProphetX LLC raised USD 35 million in venture funding co-led by Data Point Capital and Parlay Capital Holdings, with participation from other Belvedere Trading LLC, Connexa Capital, CTC Venture Capital, Greenwave Ventures, Impellent Ventures, Sharp Alpha Advisors, and The Operating Group. ProphetX offers a sports prediction market where users can partake in betting-like activities centered around sporting events. Participants can trade shares based on the outcomes of various matches, including leagues like MLB and NFL, with an emphasis on enhancing user engagement via real-time transaction capabilities and detailed analytics for informed decision-making.The company generates revenue through transaction fees associated with user activities on its platform. When users trade shares or place bets on sporting events, a percentage of the transaction value is collected as a fee. While specific pricing details are not disclosed, the platform may offer various service tiers that could include premium analytics and insights. The company will use the July 2026 funding to enhance its trading platform, increase market liquidity, expand partnerships, and grow its business-to-business infrastructure.

## Funding rounds

- Series A, Apr 10, 2023, $10M — MIXI Global Investments, CTC Venture Capital, NinjaBet

## Investors

- MIXI Global Investments (https://capitalatlas.ai/funds/mixi-global-investments) — Series A
- CTC Venture Capital (https://capitalatlas.ai/funds/ctc-venture-capital) — Series A
- NinjaBet — Series A