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.
2005
Founded
$1.2M
2022 Revenue
YOY
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
ProspX Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
FUNDING DATE | ROUND | AMOUNT | VALUATION |
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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
DISTRIBUTION | QTY |
---|---|
Total team size | 14 |
Engineer | 2(14%) |
Sales | 5(36%) |
Marketing | 1(7%) |
CEO/Founder
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.
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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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Churn
ProspX has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About ProspX
Monthly Revenue
$98K
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
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Rule of 40
0
ProspX Board of Directors
Name | Position |
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ProspX Executives
Name | Position |
---|---|
Todd L. Young | CEO |
ProspX Employees
Name | Position |
---|---|
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