About Portabl
Portabl is a company based in Philadelphia (United States) founded in 2020 was acquired by Prove in January 2025.. Portabl has raised $2.5 million across 1 funding round from investors including Prove, Harlem Capital and Carl Vogel. The company has 2 employees as of December 31, 2024. Portabl operates in a competitive market with competitors including Perfios, Signicat, IDnow, Onfido and IDfy, among others.
- Headquarter Philadelphia, United States
- Employees 2 as on 31 Dec, 2024
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Portabl, Inc.
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Funding Insights of Portabl
Portabl has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in September 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $2.5M
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First Round
First Round
(19 Sep 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Sep, 2022 | Amount | Seed - Portabl | Valuation | Harlem Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Portabl
Portabl has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Prove, Harlem Capital and Carl Vogel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments are provided to diverse startups by Harlem Capital.
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Founded Year | Domain | Location | |
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CV
Carl Vogel |
Angel investor focusing on Indian startups, with a background in technology and finance.
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Founded Year | Domain | Location |
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Identity verification and authentication solutions are provided to enterprises worldwide.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Portabl
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Portabl
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Portabl Comparisons
Competitors of Portabl
Portabl operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Perfios, Signicat, IDnow, Onfido and IDfy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provides financial technology solutions for data analysis and verification globally.
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| domain | founded_year | HQ Location |
Software solutions for identity management are provided via APIs.
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| domain | founded_year | HQ Location |
Automated and expert-led identity verification services are provided.
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| domain | founded_year | HQ Location |
Identity verification solutions are provided, including document and biometric authentication.
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| domain | founded_year | HQ Location |
Identity verification, background screening, and fraud prevention solutions are provided.
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| domain | founded_year | HQ Location |
Software solutions for private market investors
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Portabl
Frequently Asked Questions about Portabl
When was Portabl founded?
Portabl was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Portabl located?
Portabl is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Is Portabl a funded company?
Portabl is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 19, 2022.
How many employees does Portabl have?
As of Dec 31, 2024, the latest employee count at Portabl is 2.
What does Portabl do?
Portabl was established in 2020 and is based in Philadelphia, United States. Operations center on the fintech sector, where financial identity services are delivered to support verification and management of user data. Secure platforms are utilized to handle sensitive financial information, aiding compliance and risk assessment. The companys domain, getportabl.com, facilitates online access to these services across the US market. Focus remains on practical solutions for identity-related financial processes.
Who are Portabl's investors?
Portabl has 3 investors. Key investors include Prove, Harlem Capital, and Carl Vogel.
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