
Prospr
Workforce management software for multi-unit businesses.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor | €0.0 | round | |
N/A | N/A | - | |
Total Funding | 000k |
USD | 2023 |
---|---|
Revenues | 0000 |
EBITDA | 0000 |
Profit | 0000 |
EV | 0000 |
EV / revenue | 00.0x |
EV / EBITDA | 00.0x |
R&D budget | 0000 |
Source: Dealroom estimates
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Prospr provides a workforce management platform designed to streamline operations for multi-unit businesses, particularly in the franchise sector. The company was founded in 2019 by Erika Wasser, Eric Phelan, and Laura Benge, who, from their experience running a multi-location health and beauty startup, identified a need for a unified tool to manage frontline teams effectively. Prospr aims to consolidate multiple tools into a single application for managing employees.
The platform's features include scheduling, team communication, task management, and facility ticketing. It offers tools for digital onboarding, reporting on over 250 data points, and celebrating employee milestones. For franchise operations, Prospr facilitates information flow from headquarters to individual franchise locations while maintaining compliance with Franchise Disclosure Documents (FDD). The software allows for brand customization, letting businesses apply their own logo and color schemes. Clients can track schedules, manage overtime, and distribute shift information instantly, while employees can sync work calendars with their phones.
The business model is subscription-based, with modular pricing that allows clients to choose the specific tools they need, such as communication, scheduling, or collaboration, each priced per user. This model targets businesses like salons, fitness centers, and restaurant franchises, aiming to improve productivity and streamline communication. In January 2020, Prospr secured $3.2 million in a seed funding round led by Bonfire Ventures, with participation from Quiet Capital and Animo.
Keywords: workforce management, multi-unit business software, franchise operations, employee scheduling, team communication, task management, frontline employee platform, FDD compliance, digital onboarding, operational consolidation