About ProovStation
ProovStation is a company based in Paris (France) founded in 2017 by Gabriel Tissandier.. ProovStation has raised $11.33 million across 1 funding round from investors including Crédit Agricole, Supernova Invest and Otium Capital. ProovStation offers products and services including CarStation, TireStation, and ProovStation X. ProovStation operates in a competitive market with competitors including Tractable, asTech, Jidoka, DeGould and Fyusion, among others.
- Headquarter Paris, France
- Founders Gabriel Tissandier
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Proovstation, 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
$11.33 M (USD)
in 1 rounds
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Latest Funding Round
$11.33 M (USD), Series A
Jan 26, 2023
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Investors
Crédit Agricole
& 2 more
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Employee Count
Employee Count
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Products & Services of ProovStation
ProovStation offers a comprehensive portfolio of products and services, including CarStation, TireStation, and ProovStation X. 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.
AI-powered tool for detecting car damages in rentals.
Automatic system for tire diagnostics and information.
Comprehensive solution for systematic vehicle tire checks.
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Funding Insights of ProovStation
ProovStation has successfully raised a total of $11.33M through 1 strategic funding round. The most recent funding activity was a Series A round of $11.33 million completed in January 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 — $11.3M
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First Round
First Round
(26 Jan 2023)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Series A - ProovStation | Valuation | Supernova Invest , Otium Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 ProovStation
ProovStation has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Crédit Agricole, Supernova Invest and Otium Capital. 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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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Crédit Agricole is recognized as a leading banking institution in France.
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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 ProovStation
| 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 - ProovStation
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Proovstation Comparisons
Competitors of ProovStation
ProovStation 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 Tractable, asTech, Jidoka, DeGould and Fyusion, 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 |
Provider of AI-based vehicle inspection solutions for insurers and the automotive industry
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| domain | founded_year | HQ Location |
Cloud-based inspections are delivered for automotive repair diagnostics.
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| domain | founded_year | HQ Location |
Autonomous AI vision solutions are provided for inspection and optimization.
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| domain | founded_year | HQ Location |
AI-powered automated vehicle inspection systems are provided for various industries.
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| domain | founded_year | HQ Location |
3D image processing technology is developed for consumer applications.
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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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Latest news on Proovstation
Frequently Asked Questions about ProovStation
When was ProovStation founded?
ProovStation was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is ProovStation located?
ProovStation is headquartered in Paris, France.
Who is the current CEO of ProovStation?
Cedric Bernard is the current CEO of ProovStation.
Is ProovStation a funded company?
ProovStation is a funded company, having raised a total of $11.33M across 1 funding round to date. The company's 1st funding round was a Series A of $11.33M, raised on Jan 26, 2023.
What does ProovStation do?
ProovStation was founded in 2017 in Paris, France, as a provider of AI-powered systems for vehicle inspections in the automotive sector. Solutions are offered for damage detection, operational diagnostics, and lifecycle management. Real-time insights are delivered, along with standardized services and enhanced detection for vehicle bodywork and tires. Operations focus on streamlining processes and supporting industry applications across Europe.
Who are the top competitors of ProovStation?
What products or services does ProovStation offer?
ProovStation offers CarStation, TireStation, and ProovStation X.
Who are ProovStation's investors?
ProovStation has 3 investors. Key investors include Crédit Agricole, Supernova Invest, and Otium Capital.