About Proof
Proof is a company based in Portland (United States) founded in 2018 was acquired by Yuga Labs in February 2024. Proof has raised $60 million across 2 funding rounds from investors including Yuga Labs, Flamingo DAO and Andreessen Horowitz. Proof has completed 1 acquisition, including Divergence Protocol.
- Headquarter Portland, United States
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Funding Insights of Proof
Proof has successfully raised a total of $60M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $50 million completed in August 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.
Investors in Proof
Proof has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Yuga Labs, Flamingo DAO and Andreessen Horowitz.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Early-stage investments are provided to transformative technology companies.
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Investments are made by VaynerFund in high-impact technology solutions.
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Investor details for Proof
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Investments & Acquisitions by Proof
Proof has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Divergence Protocol.
Investment portfolio details for Proof
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Decentralized platform for volatility derivatives
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Complete acquisition details for Proof
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Financial Statements - Proof
Detailed financials for Proof
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Proof Comparisons
Peer comparison for Proof
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Competitors of Proof
Detailed competitors of Proof
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Latest news on Proof
Complete news archive for Proof
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Frequently Asked Questions about Proof
Proof was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Proof is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Kevin Rose is the current CEO of Proof.
Proof is a funded company, having raised a total of $60M across 2 funding rounds to date.
NFT coverage is provided through podcasting services by PROOF.
Proof has made 1 acquisition, including Divergence Protocol.
Proof has 8 investors. Key investors include Yuga Labs, Flamingo DAO, Andreessen Horowitz, SV Angel, and VaynerFund.