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§ Private Profile · 109A The Foundry, Cardiff Street, De Waterkant, Cape Town, Western Cape 8001, ZA
Provides end-to-end prescriptive AI solutions for manufacturing optimization, helping manufacturers improve production yield and reduce defects.
Based in Cape Town, South Africa, DataProphet provides end-to-end prescriptive artificial intelligence solutions and AI-as-a-service software designed to optimize manufacturing processes and improve production yields. The company's core software platforms, CONNECT and PRESCRIBE, ingest approximately 100 million unique data points daily to generate process adjustments for factory operators. By centralizing factory data and applying advanced analytics, the technology reduces non-quality costs by an average of 40 percent for its manufacturing clients. DataProphet has secured venture backing to fund its expansion across Europe and the United States, including a $10 million Series A in 2022 and a $6 million Series B in 2024. These financing rounds were supported by institutional investors such as Knife Capital, the Industrial Development Corporation, and Norican Group. The enterprise was founded in 2014 by Frans Cronje, Daniel Schwartzkopff, and Richard Crabbe.
DataProphet has raised $16.0M across 2 funding rounds.
DataProphet has raised $16.0M in total across 2 funding rounds.
DataProphet has raised $16.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in August 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 10, 2022 | $10M Series A | Andrea Böhmert | Industrial Development Corporation OF South Africa, Norican | Announced |
| Aug 25, 2020 | $6M Series A | — | Industrial Development Corporation OF South Africa, Knife Capital, Anders Wilhjelm | Announced |
DataProphet has raised $16.0M in total across 2 funding rounds.
DataProphet's investors include Andrea Böhmert, Industrial Development Corporation of South Africa, Norican, Knife Capital, Anders Wilhjelm.