Locations
Austin, TX, USA · Hoboken, NJ, USA · London, UK
industry
Finance · Gaming · Information Technology · Software · Sports · Travel and Tourism
Size
11-50 employees
Stage
Series A
founded in
2018
Prophet Exchange is a national sports exchange platform that allows users to set their own odds or accept existing ones, providing better odds compared to traditional sportsbooks. The platform operates by removing the house, enabling users to compete against each other, which enhances liquidity and pricing. Prophet Exchange generates revenue through a 3% payout adjustment on net winnings. With a user-friendly interface available on both web and mobile, it aims to revolutionize sports betting in the United States, attracting a wide user base across various states.
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