Provable Overview

  • Year Founded
  • 2019

Year Founded

  • Status
  • Private

  • Employees
  • 32

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $1.2M

  • Investors
  • 27

Provable General Information

Description

Developer of blockchain development tools designed to support privacy-focused applications and verifiable computation. The company's offerings include a programming language for zero-knowledge smart contracts, a software development kit, blockchain exploration tools, interoperability standards, and a virtual machine for zero-knowledge proofs, enabling developers to build, test, and deploy applications that verify computations without disclosing underlying data.

Contact Information

Formerly Known As
Aleo Systems
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 5470 Kietzke Lane
  • Suite 300
  • Reno, NV 89511
  • United States
+1 (415)
Primary Industry
Software Development Applications
Other Industries
IT Consulting and Outsourcing
Corporate Office
  • 5470 Kietzke Lane
  • Suite 300
  • Reno, NV 89511
  • United States
+1 (415)

Provable Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Provable Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC 03-Sep-2026 $1.2M Completed Generating Revenue
3. Later Stage VC 19-Mar-2025 Completed Generating Revenue
2. Early Stage VC (Series B) 24-Feb-2022 $200M $228M Completed Generating Revenue
1. Early Stage VC (Series A) 20-Apr-2021 $28M $28M Completed Generating Revenue
To view Provable’s complete valuation and funding history, request access »

Provable Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B+
Series B
Series A 3,610,723 $0.000010 $6.22 $6.22 1x $6.22 19.95%
To view Provable’s complete cap table history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Provable Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of blockchain development tools designed to support privacy-focused applications and verifiable computation. T
Software Development Applications
Reno, NV
32 As of 2026

Austin, TX
 

Mountain View, CA
 
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Provable Competitors (16)

One of Provable’s 16 competitors is Engine Yard, a Formerly VC-backed company based in Austin, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Engine Yard Formerly VC-backed Austin, TX
Joyent Formerly VC-backed Mountain View, CA
Diamanti Venture Capital-Backed West Palm Beach, FL
Applied Blockchain Venture Capital-Backed London, United Kingdom
Cloudera Private Equity-Backed Santa Clara, CA
You’re viewing 5 of 16 competitors. Get the full list »

Provable Patents

Provable Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240411831-A1 Delegation of proof computation Pending 12-Jun-2023
US-20220197603-A1 Methods and systems for designing, writing, and testing zero-knowledge proofs Inactive 28-Aug-2020

Provable Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Provable Investors (27)

Investor Name Investor Type Holding Investor Since Participating Rounds
Frachtis Venture Capital Minority
DepinX Capital Venture Capital Minority
Digital Currency Group Corporate Venture Capital Minority
Galaxy Ventures (New York) Corporate Venture Capital Minority
Intersection Growth Partners Venture Capital Minority
You’re viewing 5 of 27 investors. Get the full list »

Provable Investments (5)

Provable’s most recent deal was a Corporate Asset Purchase with Leo Wallet. The deal was made on 17-Nov-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Leo Wallet 17-Nov-2025 Corporate Asset Purchase Buildings and Property
Apus Network 24-Nov-2023 Early Stage VC Business/Productivity Software
IDPartner 23-Nov-2022 Seed Round Business/Productivity Software
Puzzle (Financial Software) 22-Nov-2022 Seed Round Financial Software
Ingonyama 29-Mar-2022 Early Stage VC Application Specific Semiconductors
To view Provable’s complete investments history, request access »

Provable FAQs

  • When was Provable founded?

    Provable was founded in 2019.

  • Where is Provable headquartered?

    Provable is headquartered in Reno, NV.

  • What is the size of Provable?

    Provable has 32 total employees.

  • What industry is Provable in?

    Provable’s primary industry is Software Development Applications.

  • Is Provable a private or public company?

    Provable is a Private company.

  • What is Provable’s current revenue?

    The current revenue for Provable is .

  • How much funding has Provable raised over time?

    Provable has raised $230M.

  • Who are Provable’s investors?

    Frachtis, DepinX Capital, Digital Currency Group, Galaxy Ventures (New York), and Intersection Growth Partners are 5 of 27 investors who have invested in Provable.

  • Who are Provable’s competitors?

    Engine Yard, Joyent, Diamanti, Applied Blockchain, and Cloudera are some of the 16 competitors of Provable.

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