Prosper
Date of Foundation
2024

Prosper

Innovative Manufacturing and Distribution ERP

The Idea origin story

"Prosper" is a specialized Enterprise Resource Planning (ERP) solution meticulously tailored for manufacturers and wholesale distributors. Our system streamlines and integrates core business processes, thus enhancing productivity, improving operational efficiency, and driving growth. Our innovation lies in the vertical focus, providing deep industry-specific functionality right out of the box.

The Mission

My mission is to help manufacturers and distributors upgrade their technology in an easy way, and save them from the issues with implementation.

Clients

manufacturers and wholesale distributors that are using QuickBooks or similar softwares that have limited or no inventory tracking.

Problems we solve

Client’s problem

We take away the pain and the risk for implementation and adoption of new software for manufacturers and also distributors by customizing software specifically for them.

Confirmation of problem

Our target customers know that they need to upgrade their software, but they don't have the capacity for training, for learning a new software, and they're afraid of a failed implementation.

Solution

Building a vertical specific ERP system that will have accounting at its core and WMS, CRM, e-commerce all available as options.

Our technologies

This solution is based on technologies

Our startup, Prosper, offers a bespoke ERP solution tailored specifically for manufacturers and wholesale distributors. Our technology improves operational efficiency to drive growth by streamlining core business processes. We specialize in helping our customers transition from limited inventory tracking software like QuickBooks with minimum risk on implementation and adoption of new software since we customize it according to their needs. Aiding the transition towards cutting-edge technology is part of our mission in bolstering businesses' production capabilities while eliminating implementation issues.

How it works

We're starting with core accounting and the whole purchase to pay flow and the quotes to cash flow with native add-ons for warehouse management, e-commerce, CRM, and EDI.

Value for the client

Our solution consolidates business operations, saving customers time and effort with a single, user-friendly system.

Market and strategy

Market size

15

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

.00066

% of the market

Is our goal in the next 3 years

Team

My name’s

Mordy Elkon

My key role in the product

My key role is a product owner and I'm responsible for vision setting, prioritizing features, stakeholder interaction and team communication.

Team size and key members

I'm the director of development, two project managers, one designer, and four senior developers.

Competitors

Competitors

Our main competitors in the Enterprise Resource Planning (ERP) market for manufacturing and distribution are established players like NetSuite, Acumatica, Microsoft Dynamics, and Infor.

Our Advantages

Our product is meticulously designed with a focus on superior user experience. It's engineered from the ground up to harness the power of AI, ensuring advanced functionalities and efficiencies.

Business model

per user per month $125. additionally, they pay per module that they add on

Traction

We've successfully navigated the initial stages of our product development. After thorough market research, we constructed detailed wireframes followed by an aesthetically pleasing and user-centric design to ensure remarkable customer experience.

We're excited to announce significant progress in our journey, with a dozen satisfied customers actively using and benefiting from our software.

Metrics

we are pre revenue

Incorporation

Our company incorporated in

Delaware

Key risks

The primary risks for our startup include potential difficulties in encouraging manufacturers and distributors to adopt a new, extensive ERP system and intense competition from established players in the ERP market.

Investments

$

250000

We raised investments

Our Investors

self funded, i own 100 %

Rising Investments

$

1000000

Currently, we are raising investments

$

8000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

With emphasis on user experience and seamless implementation, we're addressing significant voids in the ERP market. This differentiates us from competitors and gives a competitive edge.

Idea