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ProsperOps - About the company

ProsperOps is an acquired company based in Austin (United States), founded in 2018 by Chris Kuehl and Chris Cochran. It operates as an Autonomous reserved instance management software. ProsperOps has raised $72M in funding from H.I.G. Growth Partners. The company has 655 active competitors, including 72 funded and 29 that have exited. Its top competitors include companies like AvidXchange, Zapier and LaiYe.

Company Details

ProsperOps offers autonomous reserved instance management software which manages reserved instances (RIs) to optimize cloud spend. It provides machine learning algorithms to maintain RI portfolio and optimize savings. Its features include real-time usage monitoring, ML forecasting and optimization algorithms, automated RI actions, configurable controls, performance dashboard, and existing RI support. It offers a subscription-based pricing model.
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Email ID
*****@prosperops.com
Phone Number
+1 **********
Registered Address
Austin, Texas
Key Metrics
Founded Year
2018
Location
Austin, United States
Stage
Acquired
Total Funding
$72M in 1 round
Latest Funding Round
Ranked
Employee Count
115 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Flexera (Jan 06, 2026)

ProsperOps's acquisition details

ProsperOps got acquired by Flexera on Jan 06, 2026.
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ProsperOps's funding and investors

ProsperOps has raised a total funding of $72M over 1 round. Its latest funding round was a Series C round on Feb 23, 2023 for $*****. 1 investor participated in its latest round. ProsperOps has 2 institutional investors.

Here is the list of recent funding rounds of ProsperOps:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 23, 2023
3881937
Series C
4527627
7241932
1548899
7903826
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ProsperOps' founders and board of directors

Founder? Claim Profile
The founders of ProsperOps are Chris Kuehl and Chris Cochran. Chris Cochran is the CEO of ProsperOps.
Here are the details of ProsperOps' key team members:

ProsperOps' employee count trend

ProsperOps has 115 employees as of May 26. Here is ProsperOps's employee count trend over the years:
Employee count trend for ProsperOps
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ProsperOps's Competitors and alternates

Top competitors of ProsperOps include AvidXchange, Zapier and LaiYe. Here is the list of Top 10 competitors of ProsperOps, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AvidXchange
AvidXchange
2000, Charlotte (United States), Acquired
Accounts payable and payment automation solution for businesses
$1.18B
73/100
2nd
Logo for Zapier
Zapier
2011, San Francisco (United States), Seed
Provider of a platform for automating workflows and integrating applications
$2.68M
68/100
3rd
Logo for LaiYe
LaiYe
2015, Haidian (China), Series C
AI powered automation and work execution system management platform
$211M
66/100
4th
Logo for Kognitos
Kognitos
2021, San Jose (United States), Series B
Developer of software for automating complex business processes using English
$51.8M
62/100
5th
Logo for ESSENTIAL
ESSENTIAL
2017, San Francisco (United States), Series A
Developer of AI-based software for enterprises to use large language models
$64.8M
61/100
6th
Logo for Vercept
Vercept
2024, Seattle (United States), Acquired
Developer of an AI-powered computer interface designed to automate tasks
$50M
60/100
7th
Logo for ProsperOps
ProsperOps
2018, Austin (United States), Acquired
Autonomous reserved instance management software
$72M
60/100
8th
Logo for Relay
Relay
2021, San Francisco (United States), Seed
Provider of workflow automation solutions for enterprises
$8.1M
58/100
9th
Logo for Mimica
Mimica
2018, London (United Kingdom), Series B
AI powered task mining platform that automates repetitive computer tasks
$32.2M
55/100
10th
Logo for Deepsee Analytics
Deepsee Analytics
2017, Salt Lake City (United States), Series A
Provider of AI agents designed for financial services process automation
$30.7M
55/100
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ProsperOps's Investments and acquisitions

ProsperOps has a total of 1 investment in FinOps. ProsperOps has not made any acquisitions as of now.

News related to ProsperOps

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Media has covered ProsperOps for a total of 5 events in the last 1 year, 2 of them have been about company updates.
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FAQs about ProsperOps

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