ProofSpace

London, United Kingdom Founded: 2018 • Age: 8 yrs
Self-sovereign identity solutions are offered for privacy-preserving data exchange.

About ProofSpace

ProofSpace is a company based in London (United Kingdom) founded in 2018.. ProofSpace has raised $20 thousand across 1 funding round from investors including Techstars. ProofSpace offers products and services including ProofSpace App and ProofSpace Dashboard. ProofSpace operates in a competitive market with competitors including Evernym, Craftt, Hopae, Nametag and cheqd, among others.

  • Headquarter London, United Kingdom
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Zaka Group Ltd
  • Date of Incorporation 05 Jul, 2018
  • Jurisdiction LONDON, ENGLAND
Operational Areas
Technology → Cybersecurity & Privacy Solutions
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20 K (USD)

    in 1 rounds

  • Latest Funding Round
    $20 K (USD), Seed

    Jun 01, 2024

  • Investors
  • Employee Count
    Employee Count
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Products & Services of ProofSpace

ProofSpace offers a comprehensive portfolio of products and services, including ProofSpace App and ProofSpace Dashboard. 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.

Primary

Secure wallet for managing user credentials and identity interactions.

Platform for configuring schemas and privacy controls for businesses.

Funding Insights of ProofSpace

ProofSpace has successfully raised a total of $20K through 1 strategic funding round. The most recent funding activity was a Seed round of $20 thousand completed in June 2024. 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 Rounds 1
  • Last Round Seed — $20,000
  • First Round

    (01 Jun 2024)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2024 Amount Seed - ProofSpace Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in ProofSpace

ProofSpace has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by ProofSpace

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - ProofSpace

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Proofspace Comparisons

Employees
+
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Competitors of ProofSpace

ProofSpace 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 Evernym, Craftt, Hopae, Nametag and cheqd, 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
A ledger-based platform for digital identity management is provided.
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An interoperable identity protocol is developed for the modern workforce.
domain founded_year HQ Location
Decentralized identity solutions are provided for secure digital credential management.
domain founded_year HQ Location
Identity theft protection is delivered through a secure mobile platform.
domain founded_year HQ Location
Provider of a platform offering self sovereign identity solutions
domain founded_year HQ Location
Blockchain-based personal data security solutions are provided for user control.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Proofspace

Frequently Asked Questions about ProofSpace

When was ProofSpace founded?

ProofSpace was founded in 2018 and raised its 1st funding round 6 years after it was founded.

Where is ProofSpace located?

ProofSpace is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.

Is ProofSpace a funded company?

ProofSpace is a funded company, having raised a total of $20K across 1 funding round to date. The company's 1st funding round was a Seed of $20K, raised on Jun 01, 2024.

What does ProofSpace do?

ProofSpace was founded in 2018 in London, United Kingdom, within the digital identity sector. An application is provided to enable secure, peer-to-peer exchange of identity-related information. Users are empowered through self-sovereign identity models to manage personal data independently. Operations focus on privacy preservation and user control over data access and sharing.

Who are the top competitors of ProofSpace?

ProofSpace's top competitors include Evernym, cheqd and Hopae.

What products or services does ProofSpace offer?

ProofSpace offers ProofSpace App and ProofSpace Dashboard.

Who are ProofSpace's investors?

ProofSpace has 1 investor. Key investors include Techstars.

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