Prove Overview

  • Year Founded
  • 2008

Year Founded

  • Status
  • Private

  • Employees
  • 441

Employees

  • Latest Deal Type
  • Series I

  • Latest Deal Amount
  • $43.9M

  • Investors
  • 30

Prove General Information

Description

Developer of an identity-verification software designed to protect against identity theft and social engineering attacks from professional attackers. The company's software removes friction, drives engagement, and fights fraud with instant mobile authentication, enabling clients to enhance the customer experience while lowering the risk of friction and fraud.

Contact Information

Website
www.prove.com
Formerly Known As
Payfone
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 245 5th Avenue
  • 20th Floor
  • New York, NY 10016
  • United States
+1 (212)
Primary Industry
Network Management Software
Other Industries
Other Financial Services
Vertical(s)
Cybersecurity, Artificial Intelligence & Machine Learning, Mobile
Corporate Office
  • 245 5th Avenue
  • 20th Floor
  • New York, NY 10016
  • United States
+1 (212)

Prove Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Prove Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Later Stage VC (Series I) 17-Oct-2023 $43.9M Completed Generating Revenue
11. Later Stage VC 02-Mar-2022 Completed Generating Revenue
10. Later Stage VC (Series H) 18-Jun-2020 Completed Generating Revenue
9. Debt - General 17-Jun-2020 Completed Generating Revenue
8. Debt - PPP 10-Apr-2020 Completed Generating Revenue
7. Later Stage VC (Series G) 17-Apr-2019 Completed Generating Revenue
6. Later Stage VC (Series F) 13-Feb-2018 Completed Startup
5. Later Stage VC (Series E) 16-Dec-2016 Completed Startup
4. Later Stage VC (Series D) 18-Oct-2013 $10M $41.4M Completed Startup
3. Early Stage VC 13-Apr-2011 $18.6M $31.4M Completed Startup
To view Prove’s complete valuation and funding history, request access »

Prove Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series I3
Series I2
Series I1
Series H4
Series H3
Series H2
Series H1
Series G2
Series G1 2,956,496 $0.000100 $0.4 $5 $5 1x $5 4.17%
Series F2 1,206,302 $0.000100 $0.33 $4.14 $4.14 1x $4.14 1.7%
To view Prove’s complete cap table history, request access »

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Prove Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an identity-verification software designed to protect against identity theft and social engineering attacks
Network Management Software
New York, NY
441 As of 2024

Coimbra, Portugal
 

San Francisco, CA
 
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Prove Competitors (35)

One of Prove’s 35 competitors is Feedzai, a Venture Capital-Backed company based in Coimbra, Portugal.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Feedzai Venture Capital-Backed Coimbra, Portugal
Incode Venture Capital-Backed San Francisco, CA
Zumigo Venture Capital-Backed San Jose, CA
NoFraud Private Equity-Backed New York, NY
SentiLink Venture Capital-Backed San Francisco, CA
You’re viewing 5 of 35 competitors. Get the full list »

Prove Patents

  • 265

    Total Documents Applications and Grants

  • Total Patents Families

  • 192

    Granted

  • 34

    Pending

  • Expiring in next 12 mo

Prove Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240314556-A1 Augmented subscriber authentication Pending 17-Mar-2023
US-20230291750-A1 Communications device contactability metric Active 09-Mar-2022
US-12143401-B2 Communications device contactability metric Active 09-Mar-2022
US-20230267156-A1 Extraction of relevant content from communication networks Active 24-Feb-2022
US-11755667-B1 Extraction of relevant content from communication networks Active 24-Feb-2022 G06F40/205
To view Prove’s complete patent history, request access »

Prove 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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Prove Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds
Capital One Ventures Corporate Venture Capital Minority
Plug and Play Tech Center Accelerator/Incubator Minority
Stack Capital Group Corporate Venture Capital Minority
Apax Digital Growth Growth/Expansion Minority
Oak HC/FT Venture Capital Minority
You’re viewing 5 of 30 investors. Get the full list »

Prove Acquisitions (3)

Prove’s most recent deal was a Merger/Acquisition with UnifyID. The deal was made on 01-Jun-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
UnifyID 01-Jun-2021 Merger/Acquisition Network Management Software
Medici (Media and Information Services) 24-Mar-2021 Merger/Acquisition Media and Information Services (B2B)
Payfone (mobile authentication) 29-Jul-2020 Merger/Acquisition Other Commercial Services
To view Prove’s complete acquisitions history, request access »

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Prove FAQs

  • When was Prove founded?

    Prove was founded in 2008.

  • Where is Prove headquartered?

    Prove is headquartered in New York, NY.

  • What is the size of Prove?

    Prove has 441 total employees.

  • What industry is Prove in?

    Prove’s primary industry is Network Management Software.

  • Is Prove a private or public company?

    Prove is a Private company.

  • What is the current valuation of Prove?

    The current valuation of Prove is .

  • What is Prove’s current revenue?

    The current revenue for Prove is .

  • How much funding has Prove raised over time?

    Prove has raised $279M.

  • Who are Prove’s investors?

    Capital One Ventures, Plug and Play Tech Center, Stack Capital Group, Apax Digital Growth, and Oak HC/FT are 5 of 30 investors who have invested in Prove.

  • Who are Prove’s competitors?

    Feedzai, Incode, Zumigo, NoFraud, and SentiLink are some of the 35 competitors of Prove.

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