Prophecy Takes in $47M Led by Smith Point Capital

PALO ALTO, Calif.: Revenue and expansion soar amid AI boom and migration from legacy tools PALO ALTO, Calif., Jan. 16, 2025 /PRNewswire/ — Data copilot company Prophecy today announced a $47M Series B extension to accelerate the AI-powered transformation of the data integration market. Smith Point Capital led the round, with HSBC joining as a new investor and participation from existing investors including Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase and SignalFire. The new funding comes on the back of 3.5X revenue growth in FY’24 with 160% net revenue retention from existing customers.

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