Prophetic, a software platform focused on land acquisition and development opportunity analysis, has completed a seed funding round to support its national expansion. The round was led by Entrada Ventures, with participation from SilverCircle, Progression Fund, and other investors.
Designed for developers, homebuilders, brokers, and architects, Prophetic combines several real estate analysis tools into a single interface. The platform aims to replace fragmented workflows that often rely on county websites, spreadsheets, and mapping software.
Prophetic’s tools include:
Prophetic is currently available in 11 states including California, Florida, Texas, and Oregon. The company plans to enter additional markets like Tennessee and Maryland in the coming months, guided by user demand and market expansion strategy.
The seed funding will support this expansion and further product development.
Users report significant time and cost savings when using Prophetic. Oliver Alexander, the platform’s founder and CEO, said that even small teams can benefit by streamlining their workflow and scaling acquisition efforts.
“Developers across the spectrum rely on outdated tools. Prophetic helps them move faster and scale efficiently,” said Alexander.
Investors highlight the platform’s impact on operational speed and accuracy.
“What Prophetic is doing brings legacy processes into the modern cloud and AI era,” said Eric Kanowsky, Managing Partner at Entrada Ventures.
“Their product saves developers time and money across projects,” added Lex Alvarez, Principal at SilverCircle.
With AI-powered tools and strong early adoption, Prophetic aims to serve a broader national audience in the upcoming year.
If you are a proptech company and want to promote your products for free, go to proptechbuzz.com and submit your products. For investors or proptech buyers, sign up on our platform to stay informed about exciting updates and trends in the Proptech Ecosystem.
Explore more Proptech news at proptechbuzz.com/news, for news tips and promotions, reach out to marketing@proptechbuzz.com.
By Proptechbuzz
By Ravi Kumar