About ProofPlus
ProofPlus is a company based in Framingham (United States) founded in 2023 by David Zamarin. It operates as a Direct-to-Consumer (D2C). ProofPlus has raised $7.6 million across 1 funding round from investors including Material Impact, INX International Ink and Touchdown Ventures. ProofPlus offers products and services including Home Fabric Protector, Pet Stain & Odor Remover, and Shoe Fabric Protector. ProofPlus operates in a competitive market with competitors including Modere, Seventh Generation, spotLESS, Flora and Package Free Shop, among others.
- Headquarter Framingham, United States
- Founders David Zamarin
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Sectors
RetailConsumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Detrapel, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.6 M (USD)
in 1 rounds
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Latest Funding Round
$7.6 M (USD), Series A
Sep 11, 2023
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Investors
Material Impact
& 5 more
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Employee Count
Employee Count
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Products & Services of ProofPlus
ProofPlus offers a comprehensive portfolio of products and services, including Home Fabric Protector, Pet Stain & Odor Remover, and Shoe Fabric Protector. 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.
Protection for home fabrics against spills and stains provided.
Removes pet stains and odors from various surfaces effectively.
Shields shoe fabrics from spills and stains with ease.
Funding Insights of ProofPlus
ProofPlus has successfully raised a total of $7.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $7.6 million completed in September 2023. 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 Series A — $7.6M
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First Round
First Round
(11 Sep 2023)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - ProofPlus | Valuation | Material Impact |
| 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 ProofPlus
ProofPlus has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Material Impact, INX International Ink and Touchdown Ventures. 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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Fund management services are provided to corporate venture funds.
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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 ProofPlus
| 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 - ProofPlus
| 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 |
Proofplus Comparisons
Competitors of ProofPlus
ProofPlus 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 Modere, Seventh Generation, spotLESS, Flora and Package Free Shop, 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 |
Personal care, wellness, and home care products are sold online.
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| domain | founded_year | HQ Location |
Plant-based home and personal care products are manufactured.
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| domain | founded_year | HQ Location |
Surface coating products for home improvements are offered online.
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| domain | founded_year | HQ Location |
Multi-category eco-friendly products are offered via an online marketplace.
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| domain | founded_year | HQ Location |
Online brand offering natural home care products
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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 ProofPlus
When was ProofPlus founded?
ProofPlus was founded in 2023.
Where is ProofPlus located?
ProofPlus is headquartered in Framingham, United States. It is registered at Framingham, Massachusetts, United States.
Is ProofPlus a funded company?
ProofPlus is a funded company, having raised a total of $7.6M across 1 funding round to date. The company's 1st funding round was a Series A of $7.6M, raised on Sep 11, 2023.
What does ProofPlus do?
ProofPlus, a brand of DetraPel, Inc., is focused on delivering eco-friendly and non-toxic fabric protection and cleaning products. Solutions are offered for household items, shoes, and pet care, ensuring safety for people, pets, and the planet. The company emphasizes sustainability by avoiding harmful chemicals like PFAS and using air-powered technology. Products are designed to protect belongings from spills and stains effortlessly. Operations are based in the consumer goods sector with a commitment to environmental responsibility.
Who are the top competitors of ProofPlus?
ProofPlus's top competitors include Modere, Seventh Generation and spotLESS.
What products or services does ProofPlus offer?
ProofPlus offers Home Fabric Protector, Pet Stain & Odor Remover, and Shoe Fabric Protector.
Who are ProofPlus's investors?
ProofPlus has 6 investors. Key investors include Material Impact, INX International Ink, Touchdown Ventures, Fitz Gate Ventures, and Boro Capital.