Proov

Boulder, United States Founded: 2018 • Age: 8 yrs
Progesterone-based fertility test kits are developed for conception detection.

About Proov

Proov is a company based in Boulder (United States) founded in 2018 by Amy Beckley.. Proov has raised $9.7 million across 3 funding rounds from investors including Portfolia, GingerBread Capital and SteelSky Ventures. Proov offers products and services including Proov Complete Fertility Testing System, Empower Home Hormone Tracker, Hers and His Advanced Fertility Test, and Balance Supplement Bundle. Proov operates in a competitive market with competitors including i-canhelp, among others.

  • Headquarter Boulder, United States
  • Founders Amy Beckley
  • Sectors
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mfb Fertility, Inc.
Operational Areas
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $9.7 M (USD)

    in 3 rounds

  • Latest Funding Round
    $9.7 M (USD), Series A

    Jul 02, 2021

  • Investors
    Portfolia

    & 7 more

  • Employee Count
    Employee Count
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Products & Services of Proov

Proov offers a comprehensive portfolio of products and services, including Proov Complete Fertility Testing System, Empower Home Hormone Tracker, Hers and His Advanced Fertility Test, and Balance Supplement Bundle. 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

Kit to identify fertile window, confirm ovulation, and screen infertility causes.

Tool for measuring hormones and providing personalized balance recommendations.

Tests for leading infertility causes at a lower cost than clinic visits.

Supplements to support implantation and overall hormone health effectively.

People of Proov
Headcount 10-50
Employee Profiles 10
Employee Profiles
People
Andrea Wilson
Regulatory & Supply Chain Manager
People
Amy Beckley PhD
Owner & CEO
People
Oana Gharbi
Head Of Partnerships
People
Steven Sandquist
Business Development

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Funding Insights of Proov

Proov has successfully raised a total of $9.7M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $9.7 million completed in July 2021. 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 3
  • Last Round Series A — $9.7M
  • First Round
  • Investors Count 8
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Series A - Proov Valuation unknown
Feb, 2021 Amount Grant - Proov Valuation

investors

Sep, 2020 Amount Seed - Proov Valuation Lightship Capital , Texas Halo Fund
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 Proov

Proov has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Portfolia, GingerBread Capital and SteelSky 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm creating funds for innovative companies in women's health and emerging markets.
Founded Year Domain Location
Capital is provided to women-led ventures in early stages.
Founded Year Domain Location
Investments in healthcare startups are managed by SteelSky Ventures.
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 Proov

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 - Proov

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

Proov Comparisons

Employees
+
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Competitors of Proov

Proov 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 i-canhelp, 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
Develops innovative medical technologies focused on women's health.
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 Proov

Frequently Asked Questions about Proov

When was Proov founded?

Proov was founded in 2018 and raised its 1st funding round 2 years after it was founded.

Where is Proov located?

Proov is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

Who is the current CEO of Proov?

Amy Beckley is the current CEO of Proov. They have also founded this company.

Is Proov a funded company?

Proov is a funded company, having raised a total of $9.7M across 3 funding rounds to date.

What does Proov do?

Proov was founded in 2018 in Boulder, United States, within the health technology sector focused on reproductive health. Progesterone-based fertility test kits are developed and offered by the company. The Proov test, consisting of rapid-response urine strips, is utilized to measure progesterone levels, enabling the detection of conception and early pregnancy confirmation. Operations center on at-home testing solutions for women tracking fertility.

Who are the top competitors of Proov?

Proov's top competitors include i-canhelp.

What products or services does Proov offer?

Proov offers Proov Complete Fertility Testing System, Empower Home Hormone Tracker, Hers and His Advanced Fertility Test, and Balance Supplement Bundle.

Who are Proov's investors?

Proov has 8 investors. Key investors include Portfolia, GingerBread Capital, SteelSky Ventures, Woodhaven Country Club, and Lightship Capital.

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