Smith Point Capital led a $47m Series B round in Prophecy.

Smith Point Capital, a venture capital investment firm, led a $47m Series B round in Prophecy, a self-service data transformation platform, with participation from HSBC, Berkeley SkyDeck, DallasVC, Insight Partners, JPMorgan Chase and SignalFire. "Prophecy is fundamentally changing the way enterprises think about data transformation with a platform that is optimized for modern cloud data platforms and accelerating deployment of AI capabilities. By democratizing data proficiency and access, Prophecy is solving a multi-billion-dollar productivity challenge for enterprise data teams who typically spend 80% of their time preparing data for analytics and AI, rather than implementing it," Burke Norton, Smith Point Capital Co-Founder and Managing Director.