# Proton.ai

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

- Industry: Software
- Headquarters: Cambridge, US
- Website: www.proton.ai
- Total disclosed funding: $24M
- Latest round: Series A (Jul 16, 2021)
- Investors on record: 5

## About

Based in Massachusetts, US, and founded in 2018 by Benj Cohen, PRM Solutions, Inc., dba Proton.ai, is an AI-powered distribution growth platform. In July 2021, PRM Solutions, Inc. raised USD 24.04 million in Series A funding led by Felicis Ventures, along with other investors Battery Ventures, Abstract Ventures, MSC Direct, and J Ventures. The series A funding valued PRM Solutions, Inc. at USD 126.56 million post-money.

Proton.ai's technology increases revenue for distributors by helping clients manage products through multiple channels. The software provides and identifies personalized product recommendations, go-together items, substitutes, at-risk customers, and more.

The company generates revenue by offering its software and services for distributors to use.

As of 2021, the company intends to use its funding to invest in product development and enhancement, build a customer success team, and expand sales and marketing capacity.

## Funding rounds

- Series A, Jul 16, 2021, $24M — Battery Ventures, Felicis Ventures, Abstract Ventures, Analog Ventures, MSC Direct

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A
- Felicis Ventures (https://capitalatlas.ai/funds/felicis-ventures) — Series A
- Abstract Ventures (https://capitalatlas.ai/funds/abstract-ventures) — Series A
- Analog Ventures (https://capitalatlas.ai/funds/analog-ventures) — Series A
- MSC Direct — Series A