# Prophia

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.prophia.com
- Total disclosed funding: $15M
- Latest round: Series A (Jun 22, 2022)
- Investors on record: 3

## About

Based in California, US, and founded in 2019 by CEO Cameron Steele, and CTO Chris Hsu, Prophia, Inc., a.k.a. Prophia is a real-estate tech company that provides AI (artificial intelligence) technology for lease abstraction and CRE (commercial real estate) data management, enabling the commercial real estate industry to enhance businesses. In June 2022, Prophia raised USD 10.2 million in a Series A funding from Alumni Ventures Group.

The company provides lease abstraction software for Asset and Property managers to review, validate and resolve inconsistencies of critical lease components across commercial real estate, and for acquisitions and capital markets to streamline their due diligence process and underwrite deals. The software also enables the commercial real estate market to upload lease and building documents, extract lease data from documents, and access data in real-time.

## Funding rounds

- Series A, Jun 22, 2022, $10M — Alumni Ventures Group, SignalFire, Cercano Management
- Seed, Jul 22, 2019, $5.1M — SignalFire

## Investors

- SignalFire (https://capitalatlas.ai/funds/signalfire) — Seed, Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Cercano Management (https://capitalatlas.ai/funds/cercano-management) — Series A