PROOF Overview

  • Investor Type
  • Venture Capital

  • Status
  • Active

  • Professionals
  • 7

Professionals

  • Investments
  • 120

  • Portfolio
  • 67

  • Exits
  • 25

Exits

PROOF General Information

Company Description

Founded in 2015, PROOF is a venture capital firm headquartered in Reston, Virginia. The firm invests in expansion-stage rounds in hypergrowth, and breakout companies in partnership with seed, and early-stage funds. This firm is a Registered Investment Adviser (RIA).

Business Details

Website
www.proof.vc
Year Founded
2015
Investor Status
Actively Seeking New Investments
Primary Investor Type
Venture Capital
Corporate Office
  • 11911 Freedom Drive
  • Suite 1080
  • Reston, VA 20190
  • United States
+1 (703)

PROOF Investments (120)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Colossal Laboratories & Biosciences 23-Jul-2024 Early Stage VC Biotechnology Generating Revenue
Hercules (Business/Productivity Software) 12-Jul-2024 Business/Productivity Software Generating Revenue
Underdog Fantasy 01-Jul-2024 Entertainment Software Generating Revenue
Backbone (Recreational Goods) 13-Jun-2024 Recreational Goods Generating Revenue
Justpoint 07-Jun-2024 Legal Services (B2C) Generating Revenue
Kin (Property and Casualty Insurance) 31-Jan-2024 Property and Casualty Insurance Profitable
Carry1st 29-Jan-2024 Entertainment Software Generating Revenue
Hidden Level 12-Jan-2024 Aerospace and Defense Generating Revenue
Ursa Major 30-Nov-2023 Later Stage VC Aerospace and Defense Generating Revenue
Candex 28-Nov-2023 Later Stage VC Financial Software Generating Revenue
You’re viewing 10 of 120 investments. Get the full list »

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PROOF Exits (25)

Company Name Exit Date Exit Type Exit Size
Heroes 03-Jul-2024 Merger/Acquisition
Jackpocket 23-May-2024
Teampay 25-Apr-2024
Armory 11-Jan-2024
Volato 04-Dec-2023
Yubico 20-Sep-2023
Casetext 17-Aug-2023
Clutter 29-Jun-2023
Medly Pharmacy 10-Dec-2022 Bankruptcy: Admin/Reorg
Imperfect Foods 31-Oct-2022 Merger/Acquisition
You’re viewing 10 of 25 exits. Get the full list »

PROOF Fund Performance

Fund Name Vintage Size Dry Powder DPI RVPI TVPI IRR

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PROOF Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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PROOF Management, Team & Partners (13)

Name Title Deals Funds Boards Office
Margaret Varona Chief Financial Officer Reston, VA
John Backus Jr. Co-Founder & Managing Partner Reston, VA
Thanasis Delistathis Co-Founder & Managing Partner Reston, VA
Jennifer Schretter General Partner Reston, VA
John Burke Co-Founder & Venture Partner Reston, VA
You’re viewing 5 of 13 team members. Get the full list »

PROOF FAQs

  • What is PROOF?

    Founded in 2015, PROOF is a venture capital firm headquartered in Reston, Virginia.

  • When was PROOF founded?

    PROOF was founded in 2015.

  • Who is the founder of PROOF?

    John Backus Jr., Thanasis Delistathis, and John Burke are the founders of PROOF.

  • Where is PROOF headquartered?

    PROOF is headquartered in Reston, VA.

  • What is PROOF's total asset value?

    PROOF has around in total assets under management.

  • How many investments has PROOF made?

    PROOF has made 120 investments.

  • What has PROOF invested in?

    PROOF has made numerous investments in companies like Colossal Laboratories & Biosciences, Hercules (Business/Productivity Software), and Underdog Fantasy within the Biotechnology, Business/Productivity Software, and Entertainment Software industries.

  • What has PROOF invested in recently?

    PROOF's latest investment was on 23-Jul-2024 in Colossal Laboratories & Biosciences, a company within the Biotechnology industry.

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