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ProspX revenue is $1.2 million

ProspX team size is 14 employees


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ProspX

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How ProspX hit $1.2M Revenue with 20K customers in 2022.

Developer of on-demand collaboration and automation services for producers, agencies, brokers and carrier partners in the commercial insurance industry. The company offers cloud-based software designed to manage multi-party sales processes.

Founded

2005

Founded

Revenue

$1.2M

2022 Revenue

YOY
-----

YOY

Funding
$0.0

Funding


ProspX Revenue

In 2022, ProspX revenue run rate hit $1.2M in revenue.

  • 2021

    ProspX hit $1.2M in revenue in 2021

  • 2005

    ProspX launched in 2005 with $0 revenue

$1.2M

ProspX Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

    FUNDING DATEROUNDAMOUNTVALUATION

    Team

    ProspX has 14 total employees and 5 sales reps that carry a quota. They have 20000 customers an engineering team of 2 and a marketing team of 1

    2021
    DISTRIBUTIONQTY
    Total team size
    14
    Engineer
    2(14%)
    Sales
    5(36%)
    Marketing
    1(7%)

    CEO/Founder

    Todd L. Young

    Todd Young is the President, CEO and co-founder of ProspX. Under his leadership, ProspX has gone from inception to being the industry leader in SaaS-based solutions for managing multi-party sales processes in the commercial insurance industry. Prior to ProspX, Todd held executive positions at Marsh/Sedgwick and Summit Global Partners/USIHoldings where he led the opening of a branch office and established mentoring and practice group programs. Todd was a consistent winner of awards and recognition during his 11 years in the industry. Todd is the co-founder of The Grace Foundation of Texas, a community-based organization dedicated to helping provide healthcare, education, career training, and job placement to young adults who have survived homelessness. He is also on the executive committee of the Stephen McDaniel Memorial Foundation. Todd holds a Bachelor of Science from Texas Christian University.

    Q&A

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    Customers

    ProspX has 20K customers.

    Lifetime Months

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    x

    Monthly ARPU

    -

    =

    Lifetime Dollar

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    Acquisition Cost

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    Average Annual Price

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    $0$0024681012
    $0$0024681012

    Churn

    ProspX has an annual churn rate of 0.00%.

    -100-500%50100

    Gross Annual Dollar Churn

    -0.00%

    Annual Dollar Expansion

    0.00%

    Net Revenue Retention

    0.00%


    About ProspX

    Monthly Revenue

    $98K

    -

    Total Expenses

    $0.0

    =

    Net Income

    $0.0

    EBIDTA Margin

    0.0%

    +

    YOY Growth

    0.0%

    =

    Rule of 40

    0


    ProspX Board of Directors

    NamePosition

    ProspX Executives

    NamePosition
    Todd L. Young CEO

    ProspX Employees

    NamePosition
    Todd L. Young CEO

    Frequently Asked Questions about ProspX

    When was ProspX founded?

    ProspX was founded in 2005.

    How much revenue does ProspX generate?

    ProspX generates $1.2M in revenue.

    Who is the CEO of ProspX?

    The CEO of ProspX is Todd L. Young.

    How much funding does ProspX have?

    ProspX was raised $0.

    How many employees does ProspX have?

    ProspX has raised 14 employees.

    Where is ProspX headquarters?

    ProspX headquater is at United States