Prove Identity Overview
- Year Founded
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2008
- Status
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Private
- Employees
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400
- Latest Deal Type
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Series I
- Latest Deal Amount
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$43.9M
- Investors
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29
Prove Identity 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 improve the customer experience while reducing friction and fraud risk.
Contact Information
Website
www.prove.comCorporate Office
- 245 5th Avenue, 20th Floor
- New York, NY 10016
- United States
Corporate Office
- 245 5th Avenue, 20th Floor
- New York, NY 10016
- United States
Prove Identity 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 | $31.4M | Completed | Startup |
Prove Identity Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | 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% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Prove Identity Comparisons
Industry
Financing
Details
Prove Identity Competitors (38)
One of Prove Identity’s 38 competitors is Wyllo, a Private Equity-Backed company based in New York, NY.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wyllo | Private Equity-Backed | New York, NY | ||||
| Fraud.net | Venture Capital-Backed | New York, NY | ||||
| Sift | Venture Capital-Backed | San Francisco, CA | ||||
| Ping Identity | Private Equity-Backed | Denver, CO | ||||
| Zumigo | Venture Capital-Backed | San Jose, CA |
Prove Identity Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Prove Identity Patents
Prove Identity Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20260075077-A1 | Systems and processes for cryptographically syndicating confidential alerts in a trust service messaging layer | Pending | 12-Sep-2024 | ||
| WO-2026060265-A1 | Systems and processes for cryptographically syndicating confidential alerts in a trust service messaging layer | Pending | 12-Sep-2024 | ||
| EP-4681390-A1 | Augmented subscriber authentication | Pending | 17-Mar-2023 | ||
| US-20240314556-A1 | Augmented subscriber authentication | Pending | 17-Mar-2023 | ||
| WO-2024196789-A1 | Augmented subscriber authentication | Inactive | 17-Mar-2023 | H04W12/06 |
Prove Identity Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Prove Identity Investors (29)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Capital One Ventures | Corporate Venture Capital | Minority | ||
| Plug and Play | Accelerator/Incubator | Minority | ||
| Stack Capital Group | PE/Buyout | Minority | ||
| Apax Digital | Growth/Expansion | Minority | ||
| Oak HC/FT | Venture Capital | Minority |
Prove Identity Acquisitions (4)
Prove Identity’s most recent deal was a Merger/Acquisition with Portabl. The deal was made on 14-Jan-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Portabl | 14-Jan-2025 | Merger/Acquisition | Financial Software | ||
| 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 |
Prove Identity Affiliates
Subsidiaries (1)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Portabl | Philadelphia, PA | 2021 |
Prove Identity FAQs
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When was Prove Identity founded?
Prove Identity was founded in 2008.
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Where is Prove Identity headquartered?
Prove Identity is headquartered in New York, NY.
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What is the size of Prove Identity?
Prove Identity has 400 total employees.
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What industry is Prove Identity in?
Prove Identity’s primary industry is Network Management Software.
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Is Prove Identity a private or public company?
Prove Identity is a Private company.
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What is the current valuation of Prove Identity?
The current valuation of Prove Identity is .
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What is Prove Identity’s current revenue?
The current revenue for Prove Identity is .
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How much funding has Prove Identity raised over time?
Prove Identity has raised $279M.
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Who are Prove Identity’s investors?
Capital One Ventures, Plug and Play, Stack Capital Group, Apax Digital, and Oak HC/FT are 5 of 29 investors who have invested in Prove Identity.
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Who are Prove Identity’s competitors?
Wyllo, Fraud.net, Sift, Ping Identity, and Zumigo are some of the 38 competitors of Prove Identity.
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