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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 +18
Employees 584
Industries Enterprise Software
Funding Stage Debt Financing
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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

Event Participation Sep 07, 2026

Alok Ajmera, CEO of Prophix, participated as a speaker, explaining how organizations can use AI to drive value for the Global FinTech Series.

Market Expansion Sep 04, 2026

Prophix announced hiring-led expansion with open roles across North America, EMEA, and Australia in engineering, finance, and sales.

New Partnership Sep 03, 2026

Prophix announced a partnership with BPM Partners, who will be providing fresh CPM industry insights as part of their upcoming event.

Award Received Sep 01, 2026

Prophix was named a 2026 Tech Cares Award winner by TrustRadius, celebrating their commitment to customers and community.

Feature Release Aug 31, 2026

Prophix has launched Prophix One AI Agents, designed to give CFOs instant answers on performance, drivers, and trends.

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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.

Taxonomy: 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 •••••• 1 •••• •••• 04 Feb 2021
Debt Financing •••••• 2
Investor
•••• •••• 		05 Apr 2019

Prophix Alternatives & Competitors

Prophix vs
JustPerform
JustPerform Singapore

Simplifying planning, financial close & reporting with unified, intuitive and scalable platform

45 employees
Enterprise Software, Information Technology
Compare Prophix vs JustPerform
Prophix vs
Performance Analytics Corporation (PAC)
Performance Analytics Corporation (PAC) Canada

Analytics for the Office of the CFO

18 employees
Financial Services, Information Technology
Compare Prophix vs Performance Analytics Corporation (PAC)
Prophix vs
TGG
TGG Canada

Empowering Finance through CPM & EPM Solutions

97 employees
Analytics, Financial Services
Also compare with: Prophix vs AIT Consulting AIT Consulting

FAQ About Prophix

Smarter finance starts with Prophix®
Prophix was founded in 1987.
Prophix is headquartered in Mississauga, Canada.
Prophix operates in the following industries: Enterprise Software.
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 JustPerform, Performance Analytics Corporation (PAC), TGG, AIT Consulting, consultnetwork. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Prophix and JustPerform 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.

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