Prophix logo — Smarter finance starts with Prophix®

Prophix

Smarter finance starts with Prophix®

Founded 1987 Canada Mississauga, Canada 584 employees Debt Financing Total: $10.00M Enterprise Software

General Information

Company Name Prophix
Founded Year 1987
Location Canada Mississauga, Canada
Employees 584
Industries Enterprise Software
Funding Stage Debt Financing
Business Model B2B, SaaS, Platform
Revenue Model Subscription, Tiered Pricing, Service Fee
Offices as of Sep 2026
Toronto, Canada Reading, United Kingdom Køge, Denmark Rio de Janeiro – RJ - Brasil, Brazil Frankfurt, Germany Portland, United States Anderlecht, Belgium Frederiksberg, Denmark Paris, France Agrate Brianza, Italy Windhof, Luxembourg Amsterdam, The Netherlands
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About Prophix

Prophix, a pioneer in the Enterprise Software industry, is streamlining financial management with its platform, Prophix One. Known for its slogan, Smarter finance starts with Prophix®, the company has embedded AI and automation into its offerings to revolutionize how finance teams operate. By integrating planning, budgeting, forecasting, reporting, and consolidation, Prophix enhances both efficiency and decision-making for businesses worldwide.

Founded in 1987 and headquartered in Canada, Prophix has sustained growth over decades and demonstrated resilience in evolving tech landscapes. Its innovative platform positions it at the center of organizational finance, enabling teams to lead with confidence through data-driven insights.

The company's financial backing includes a Debt Financing investment on 04 February 2021 from Hg, indicating strong investor confidence. This financial support bolsters Prophix's ability to further enhance its technological capabilities and expand its market reach.

Business keywords: Financial Performance Platform, AI-powered Financial Tools, Automation in Finance, Unified Financial Planning, Corporate Performance Management, Budgeting Solutions, Financial Forecasting, Financial Reporting, Financial Consolidations, Strategic Planning, Revenue Planning, Personnel Planning, Cash Flow Planning, Analytics and Reporting, Cloud-based Financial Solutions

Services & Products

Autonomous Finance Platform
Agentic AI for Finance
Financial Planning & Analysis Solutions
Consolidation and Financial Close
Reporting and Analytics

Target Customers

CFOs Finance Teams Construction Industry Healthcare Facilities Higher Education Institutions Manufacturing Companies Real Estate Management Senior Living Facilities Professional Services Firms

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Debt Financing Undisclosed 1
Hg
04 Feb 2021
Debt Financing $10.00M 2
CIBC Innovation Banking, Business Development Bank of Canada
05 Apr 2019

Prophix Alternatives & Competitors

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Planful
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FAQ About Prophix

Smarter finance starts with Prophix®
Prophix was founded in 1987.
Prophix is headquartered in Mississauga, Canada. As of Sep 2026, it also has offices in Toronto, Canada, Reading, United Kingdom, Køge, Denmark, Rio de Janeiro – RJ - Brasil, Brazil and Frankfurt, Germany.
Prophix operates in Enterprise Software. Its work centres on Financial Performance Platform, AI-powered Financial Tools, Automation in Finance and Unified Financial Planning. Its customers include CFOs, Finance Teams and Construction Industry.
Prophix has a B2B, SaaS and Platform business model. Its revenue comes from Subscription, Tiered Pricing and Service Fee.
Prophix has approximately 584 employees.
Prophix has completed 2 funding rounds, raising a total of $10.00M. The latest funding stage is Debt Financing.
Prophix offers: Autonomous Finance Platform, Agentic AI for Finance, Financial Planning & Analysis Solutions, Consolidation and Financial Close, Reporting and Analytics.
Top alternatives and competitors to Prophix include Hyperion Solutions, OutlookSoft, Planful, Agylytyx, RecVue. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Prophix and Hyperion Solutions are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Prophix, https://bouncewatch.com/company/prophix, updated 9 September 2026. When citing, please name BounceWatch and link this page.

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