Propr Growth Update: $153K Revenue & New Round
Summary
Propr announces key growth milestones including $153K in revenue, 6.5x LTV/CAC with 70% organic revenue, a closed angel round, and a $4.5M trailing 7-day annualized run-rate. Polymarket integration ships in ~3 weeks, on-chain hedging offsets ~50% of liabilities, and new hires are being recruited.
30 days into beta, here's where Propr stands:
- $153K in revenue
- 6.5x LTV/CAC, with 70% of revenue organic
- Angel round closed
- Trailing 7-day annualized run-rate of $4.5M at 60% margin, on ~$1K of marketing spend
- Polymarket integration shipping in ~3 weeks
- Inbound from several of the largest prop firms in futures and crypto looking to integrate our tech, including from firms doing >$100M in annual revenue
- Our on-chain hedging layer now offsets ~50% of payout liabilities
- Opening a larger financing round in ~2 weeks, targeting $2.5โ3M raised
On track to hit a $15M 7-day annualized run-rate in the coming weeks, driven by three levers:
- Affiliate marketing rollout
- Polymarket integration launch
- Product-led growth via gacha mechanics and more aggressive pricing policy
We are growing our team and are looking for:
Affiliate manager: https://www.propr.xyz/hiring/affiliate-manager
Quant risk: https://www.propr.xyz/hiring/quant-risk
SWE: https://www.propr.xyz/hiring/software-engineer
SWE Solana: https://www.propr.xyz/hiring/solana-engineer
There is always a bull market somewhere
