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§ Private Profile · Mountain View
Lending Intelligence Software
Prodigal has raised $12.0M across 1 funding round.
Key people at Prodigal.
Prodigal was founded in 2018 by Sangram Raje (Founder) and Shantanu Gangal (Founder).
Prodigal has raised $12.0M in total across 1 funding round.
We build AI agents for loan servicing and collections
Prodigal has AI agents for loan servicing and collections. Our AI agents and apps help teams improve margins, run leaner operations, and maximize payments.
We are working towards an Agentic vision for consumer finance wherein our AI agents automate critical roles, enhance operations, and drive revenue.
Headquartered in Mountain View, California, Prodigal's global team combines deep expertise in financial services, AI research, and product innovation, driving efficiency and transformative results across the consumer finance landscape.
Prodigal is an AI-driven lending intelligence software company specializing in the consumer finance sector, particularly loan servicing and debt collections. Its platform leverages artificial intelligence, machine learning, and natural language processing to enhance payment recovery, agent productivity, compliance, and customer engagement for lenders, collection agencies, and debt buyers. Prodigal’s products, such as ProAgent and the Prodigal Intelligence Engine (PIE), enable hyper-personalized, omnichannel collections interactions and unify fragmented data systems to provide real-time, actionable insights. This helps financial institutions and collection teams improve margins, automate workflows, and maximize payments efficiently[1][2][4][5].
For an investment firm perspective, Prodigal’s mission centers on building the intelligence layer that powers consumer finance through AI innovation. Its investment philosophy likely emphasizes backing vertical SaaS companies that transform traditional industries with AI. The key sector focus is fintech, specifically consumer lending and collections. Prodigal’s impact on the startup ecosystem includes pioneering AI applications tailored for regulated financial services, setting new standards for automation, compliance, and customer experience in debt recovery[4][2].
Prodigal was founded in 2018 and is headquartered in Mountain View, California. The company was created by a team with deep expertise in AI, data science, and consumer finance, aiming to solve the challenges posed by fragmented data and complex regulatory environments in lending and collections. The idea emerged from recognizing the need for a unified data platform that could power intelligent AI agents capable of understanding borrower intent and automating personalized interactions. Early traction came from partnerships with leading collection agencies and lenders, validating the effectiveness of their AI-driven approach in improving operational efficiency and financial outcomes[1][2][4].
Prodigal rides the wave of AI and automation transforming traditional financial services, particularly in consumer lending and debt collections. The timing is critical as the consumer finance industry faces increasing regulatory scrutiny, demand for better customer experiences, and pressure to improve operational margins. Market forces such as fragmented legacy systems and the need for data-driven decision-making create a fertile environment for Prodigal’s unified AI platform. By enabling lenders and collectors to automate complex workflows and personalize borrower interactions, Prodigal influences the broader fintech ecosystem by setting new benchmarks for efficiency, compliance, and customer engagement in a historically manual and siloed industry[2][5].
Looking ahead, Prodigal is poised to expand its influence as AI adoption accelerates in consumer finance. Continued innovation in generative AI and real-time data integration will likely enhance the sophistication of its AI agents, enabling even more predictive and personalized borrower engagement. Trends such as increased regulatory complexity, demand for ethical collections practices, and digital transformation in lending will shape Prodigal’s growth trajectory. The company’s ability to scale its platform and deepen partnerships with lenders and collection agencies will be key to becoming a dominant vertical SaaS player in consumer finance intelligence. Its vision of an “Agentic AI” future suggests a move toward more autonomous, intelligent systems that redefine how financial services interact with customers[2][4][5].
Key people at Prodigal.
Prodigal was founded in 2018 by Sangram Raje (Founder) and Shantanu Gangal (Founder).
Prodigal has raised $12.0M in total across 1 funding round.
Prodigal's investors include Croom Beatty, Menlo Ventures, Anand Joshi, Eric Sage, Nicholas Hinrichsen, Accel, MGV, Y Combinator.
Prodigal has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series A in July 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2021 | $12M Series A | Croom Beatty | Menlo Ventures, Anand Joshi, Eric Sage, Nicholas Hinrichsen, Accel, MGV, Y Combinator | Announced |
