Prospero.ai

Mobile platforms that help you make and manage your money have become wildly popular — and valuable.

Robinhood (HOOD), for instance, is a robo-investing app that boasts a ninety-five-billion-dollar market cap. Investing app Acorns is valued at around two billion dollars, as is Wealthfront, an app for managing and saving money.

What might become the next billion-dollar financial mobile app? It could be Prospero.

Prospero is an app that uses Artificial Intelligence to identify stocks and investment funds with enormous profit potential.

This is a huge opportunity. About 162 million Americans, or sixty-two percent of U.S. adults, invest in the stock market. Yet perhaps surprisingly, more than seventy percent of retail investors — this is a term for ordinary, everyday investors — struggle to achieve market-beating returns.

The main culprit is a do-it-yourself approach to investing. That means an investor relying only on their own research and decisions, choosing individual stocks and funds to invest in.

Meanwhile, professional investors use cutting-edge software and technology to assist with and even perform the investment process. The top three banks in the U.S. alone spent forty-one billion dollars on investing technology in 2024.

Prospero is the technology that can help ordinary investors who aim to achieve greater returns in the stock market.

To be clear, this platform doesn’t invest for you or manage your money. Instead, it uses AI to make recommendations on stocks and funds that may be worth investing in. Here’s how it works:

Prospero is continuously gathering data from more than two dozen sources in real time. These include standard market data, information from analysts, and content on the internet.

From there, Prospero’s proprietary “Science Machine” builds hundreds of thousands of unique models and simplifies the data down to ten user-friendly signals. Users then receive stock selection, predictive Wall Street data, market signals, and the ability to manage their portfolios.

The numbers don’t lie — Prospero’s system works. In 2022, the company achieved returns of more than fifty-two percent, compared to the S&P 500, which lost more than eighteen percent. And so far this year, its picks are beating the S&P 500 by ninety-one percent.

Prospero operates under a freemium business model. Its base products are free, while advanced features are available at a cost.

The company’s monthly-active users count is growing, from around 5,000 in April to nearly 10,000 in May and 12,000 in June.

Team Background

George Kailas - Chief Executive Officer

Prior to starting Prospero, George was Chief Executive Officer of Instadat, a tech company using AI to offer predictive analysis for financial clients. Before that, he was an associate with Carrington Mortgage Holdings, a real-estate business.

Earlier in his career, he held multiple roles in finance, including an equity analyst with Huntington Holdings and Praesidium Investment Management, as well as Bear Stearns and Corus Capital.

George holds a Bachelor’s degree in Economics from Claremont McKenna College.

Will Chuchawat - Co-Founder

In addition to his role with Prospero, Will is co-founder with VXTechnologies, a tech company focused on records verification and creation. He’s also co-founder of Vivotein, a company addressing issues like climate change and food insecurity, and California Epoxy Flooring, a flooring company.

Earlier in his career, he was a managing partner with Sheppard Mullin Richter and Hampton, a law firm, focused on mergers & acquisitions.

He holds a Bachelor’s degree in Behavioral Science from the University of Wisconsin and a Law degree from the University of Chicago.

Niles Plante - Chief Product Officer

Niles was previously Director of Product with Super League Gaming, a game publisher that enables brands to reach gamers through popular games like Roblox, Minecraft, and Fortnite. Before that, he was a product manager with AT&T, a telecommunications company.

Earlier, he spent nearly four years with Electronic Arts, a gaming company, as an associate producer, before later returning to work as a project manager with the company’s mobile-gaming division. Prior to that, he was a project manager with Absolute Quality, a similar gaming company.

Niles studied Computer Science at Millersville University and completed a twelve-week AI and Machine Learning program through MIT.

Adam Plante - Chief Technology Officer

Adam has been building websites for more than twenty years.

In addition to his role with Prospero, he is a senior-software engineer with AmTrav Business Travel, a technology company focused on the travel industry. He joined this company after spending a year as a senior full-stack engineer with explore.org, a philanthropy.

Earlier in his career, Adam was Director of Development and Technology with AllWebCafe, a digital-marketing agency. Before that, he was Technology Director with Dinkum Interactive, a tech company focused on search-engine optimization.

He earned a Bachelor’s degree in Multimedia and Web Design from the Art Institute of Philadelphia.

Co-Investors