About Provarity
Provarity is a Technology company based in Livermore (United States) founded in 2019 by David McCulley, Jerry Casilli, and Jonathan Hoffberg. Automates POC management, tracking, and forecasting for presales teams. It operates on a SaaS and B2B model. Provarity has raised $7 million across 1 funding round from investors including Cheyenne Ventures, Crosslink Capital and Rembrandt Partners. Provarity offers products and services including Provarity Platform. Its focus areas include Business Services, Sales Enablement, Process Automation and AI-Driven Tools. Its competitors include Opine and Success.
Company details
Provarity.AI provides a software platform that automates the management of proof of concepts in presales processes, using AI to offer real-time visibility, accurate forecasting, and seamless knowledge transfer to post-sales teams. It addresses issues like inefficient workflows and lack of insights, helping sales engineers and leaders streamline operations. Based in the USA, it serves businesses in technical sales by enhancing efficiency and collaboration.
- Total Equity Funding$7M (USD)
in 1 rounds
- Latest Funding Round$7M (USD), Seed
Dec 2024
- InvestorsCheyenne Ventures
& 3 more
Products & Services of Provarity
Provarity offers a comprehensive portfolio of products and services, including Provarity Platform.
Automates POC workflows for real-time tracking and forecasting.
Funding Insights of Provarity
Provarity has successfully raised a total of $7M through 1 strategic funding round. The most recent funding activity was a Seed round of $7 million completed in December 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 $7M
- Total Rounds 1
- Last Round Seed — $7M
- First Round $7M
(Dec 2024)
- Investors Count 4
All 1 funding rounds of Provarity with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2024 | $7M | Seed | – | Cheyenne Ventures |
4 investors in total: 4 institutional.
Investors in Provarity
Provarity has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Cheyenne Ventures, Crosslink Capital and Rembrandt Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| cheyennevc.com | ||||
Venture capital is invested in various sectors by Crosslink Capital. | crosslinkcapital.com | San Francisco, United States | ||
US focused venture capital firm | rembrandtvc.com | Menlo Park, United States | ||
Early-stage venture capital is provided by Illuminate Ventures for B2B software startups. | illuminate.com | Oakland, United States |
Investor details for Provarity
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People of Provarity
3 people are tracked at Provarity (3 in leadership).
| Name | Role | Group |
|---|---|---|
David McCulley | Co-Founder | Leadership |
Jerry Casilli | Founder | Leadership |
Jonathan Hoffberg | Co-Founder | Leadership |
Complete people profiles for Provarity
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Provarity
2 dated milestones of Provarity across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Provarity is founded.
- Funding First funding round of $7.0M.
Competitors of Provarity
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| tryopine.com | 2024 | Durham, United States | Proof-of-concept management software is offered for businesses via testimonials. | |||
| success.app | 2018 | San Jose, United States | 4 | A platform is provided for presales and POC management. |
Detailed competitors of Provarity
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Frequently Asked Questions about Provarity
Provarity was founded in 2019 and raised its 1st funding round 5 years after it was founded.
Provarity is headquartered in Livermore, United States. It is registered at Livermore, California, United States.
Provarity is a funded company, having raised a total of $7M across 1 funding round to date. The company's 1st funding round was a Seed of $7M, raised on Dec 2024.
Provarity.AI provides a software platform that automates the management of proof of concepts in presales processes, using AI to offer real-time visibility, accurate forecasting, and seamless knowledge transfer to post-sales teams. It addresses issues like inefficient workflows and lack of insights, helping sales engineers and leaders streamline operations. Based in the USA, it serves businesses in technical sales by enhancing efficiency and collaboration.
Provarity offers Provarity Platform.
Provarity has 4 investors. Key investors include Cheyenne Ventures, Crosslink Capital, Rembrandt Partners, and Illuminate Ventures.