About Proof
Proof is a company based in Whitehorse (Canada) founded in 2018 by Luke DeCoste and Benjamin Sanders was acquired by Daylight in January 2022. It operates as a SaaS (Software-as-a-Service). Proof offers products and services including Proof Approvals Platform. Proof operates in a competitive market with competitors including KMD, CityBase, GovPort, Polimorphic and Clue, among others.
- Headquarter Whitehorse, Canada
- Founders Luke DeCoste, Benjamin Sanders
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Sectors
Government & Social Sector
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Phone
*********
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Website
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Social
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- Legal Name Proof Data Technology
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Products & Services of Proof
Proof offers a comprehensive portfolio of products and services, including Proof Approvals Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform streamlines approvals and digitizes government forms efficiently.
Funding Insights of Proof
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2019 | Amount | Seed - Proof | Valuation | Techstars |
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| 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 Proof
Proof has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Quadient and Techstars. 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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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location | |
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Cloud-based platform for document management and workflow digitization is offered.
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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 Proof
| 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 - Proof
| 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 |
Proof Comparisons
Competitors of Proof
Proof 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 KMD, CityBase, GovPort, Polimorphic and Clue, 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 |
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| domain | founded_year | HQ Location |
Software solutions are developed for public and corporate sectors.
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| domain | founded_year | HQ Location |
Cloud-based solutions are provided for streamlining smart city operations.
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| domain | founded_year | HQ Location |
Contract management software for government agencies is developed.
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| domain | founded_year | HQ Location |
Cloud-based solutions for government operations and administration are provided.
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| domain | founded_year | HQ Location |
Investigation and intelligence management software is offered for various sectors.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for government financial operations are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about Proof
When was Proof founded?
Proof was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Proof located?
Proof is headquartered in Whitehorse, Canada. It is registered at Whitehorse, Yukon, Canada.
Who is the current CEO of Proof?
Benjamin Sanders is the current CEO of Proof. They have also founded this company.
What does Proof do?
Proof is established as a specialized platform for government approvals, enabling public sector entities to transition to paperless operations. It is designed to streamline approvals, digitize forms, facilitate single-click signing, and enhance data-driven decision-making. The solution is tailored specifically for government needs, providing a centralized software environment to improve efficiency and simplicity in administrative processes.
Who are the top competitors of Proof?
Proof's top competitors include KMD, Polimorphic and cBrain.
What products or services does Proof offer?
Proof offers Proof Approvals Platform.