About Prove
Prove is a company based in New York (United States) founded in 2008. It operates as a SaaS (Software-as-a-Service) and API-as-a-Product. Prove has raised $268.47 million across 14 funding rounds from investors including Synchrony, TransUnion and Verizon. Prove has completed 3 acquisitions, including MEDICI, Portabl and UnifyID. Prove offers products and services including Prove Pre-Fill®, Prove Identity®, Prove Auth®, and Prove Identity Manager℠. Prove operates in a competitive market with competitors including IDnow, Onfido, IDfy, Socure and Jumio, among others.
Products & Services of Prove
Prove offers a comprehensive portfolio of products and services, including Prove Pre-Fill®, Prove Identity®, Prove Auth®, and Prove Identity Manager℠.
Consumer onboarding is accelerated with pre-filled verified data.
Consumer identities are verified confidently using phone data.
Authentication is streamlined with secure, password-free user access.
Real-time identity tokens are managed for consumer servicing.
Apps and channels of Prove
its YouTube channel Prove has 240 subscribers and 30 videos.
Videos from Prove
The most watched videos on Prove's YouTube channel, Prove (240 subscribers). Click a video to play it here.
More on Prove.
Funding Insights of Prove
Prove has successfully raised a total of $268.47M across 14 strategic funding rounds. The most recent funding activity was a Series F round of $43.91 million completed in August 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 $268.5M
- Total Rounds 14
- Last Round Series F — $43.9M
- First Round $1.6M
(12 Jun 2008)
- Investors Count 27
Latest 10 of 14 funding rounds of Prove 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 |
|---|---|---|---|---|---|
| 07 Aug 2023 | $43.9M | Series F | – | MassMutual Ventures , Capital One Ventures | – |
| 02 Mar 2022 | $3.8M | Series F | – | Stack Capital Group | – |
| 18 Jun 2020 | $100.0M | Series F | – | Apax | |
| 17 Apr 2019 | $24.0M | Series E | – | TransUnion | |
| 13 Feb 2018 | $23.0M | Series E | – | Synchrony | |
| 05 Jan 2017 | $23.5M | Series E | – | Andy Prozes , BVF | |
| 05 Jul 2016 | $2.7M | Series D | – | – | – |
| 16 Oct 2015 | $5.5M | Debt – Conventional | – | – | – |
| 13 Oct 2015 | – | Series D | – | IDology | – |
| 18 Oct 2013 | $10.0M | Series D | – | Early Warning | – |
27 investors in total: 22 institutional and 5 angel.
Investors in Prove
Prove has secured backing from 27 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Synchrony, TransUnion and Verizon.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Corporate-backed venture capital fund | – | massmutualventures.com | Boston, United States | |
Tech startups are invested in by Capital One Ventures firm. | – | capitaloneventures.com | Mclean, United States | |
Growth capital is invested in later-stage businesses by the firm. | 2021 | stackcapitalgroup.com | Toronto, Canada | |
Funding is provided to healthcare startups by corporate-backed BVF. | – | blueventurefund.com | Chicago, United States | |
- | – | sbxinsurtech.com | - | |
Equity investments are focused on tech, services, and consumer sectors. | 1981 | apax.com | Hong Kong, China | |
Taevast.com is engaged in providing digital marketing and software solutions. | – | taevast.com | - | |
Early-stage venture capital investments are provided by Relay Ventures. | – | relayventures.com | Toronto, Canada | |
VC firm investing in seed and early stage companies in the US | – | rre.com | New York, United States | |
Early-stage funding is offered by Opus Capital for technology companies. | – | opuscapitalventures.com | San Mateo, United States |
Investor details for Prove
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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People of Prove
154 people are tracked at Prove (61 in leadership, 8 in board & advisors, 85 in team).
| Name | Role | Group |
|---|---|---|
Hal Granoff | Vice President | Leadership |
Andrea Rufino | Head De Marketing Latam | Leadership |
Koby Suntheralingam | Director of Client Operations | Leadership |
Danielle Dilegge | Sales Director | Leadership |
Karim Al Srag | Director of Engineering | Leadership |
Jameson Williams | Sales Director | Leadership |
Simon Foster | Director Global Alliances | Leadership |
Alyse Belavic | Senior Director, Channel & Partnerships | Leadership |
Rodger Desai | CEO & Founder | Leadership |
Stefan Chlanda | Director Of Platform Engineering | Leadership |
Dimitre Boyukliev | Head of Business Development & Engagement | Leadership |
Madeline Moghadam | Chief Of Staff To CRO | Leadership |
Kimberly C. | Account Director | Leadership |
Jason Christensen | Enterprise, Cloud & Infrastructure Security, Director | Leadership |
Mitchell Bompey | Chief Legal Officer | Leadership |
Petra C. | EA To Ceo; CLO And CFO | Leadership |
Christina Bechtel | Account Director | Leadership |
Adrian F. | VP Of Engineering | Leadership |
Kelley Vallone | Senior Director Global Marketing | Leadership |
David Connell | Director Of Fp&a | Leadership |
134 more people are available in the full profile.
Complete people profiles for Prove
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Prove
Prove has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include MEDICI, Portabl and UnifyID.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Financial identity services are provided by Portabl for secure verification. | getportabl.com | Philadelphia, United States | 2020 | Jan 2025 | •••• | |
Implicit authentication and machine learning-based identity access management are provided. | unify.id | Redwood, United States | 2015 | Jun 2021 | •••• | |
FinTech news and information are provided through an online platform. | gomedici.com | Charlotte, United States | 2013 | Mar 2021 | •••• |
Complete acquisition details for Prove
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
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Verified entity values are shown only after access is granted.
Timeline of Prove
6 dated milestones of Prove across 17 years, from founding to its latest funding, stage changes and deals.
Competitors of Prove
Prove 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 IDnow, Onfido, IDfy, Socure and Jumio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| idnow.io | 2010 | Munich, Germany | $40.0M | 29 | Automated and expert-led identity verification services are provided. | |
| onfido.com | 2012 | London, United Kingdom | $242.4M | 516 | Identity verification solutions are provided, including document and biometric authentication. | |
| idfy.com | 2011 | Mumbai, India | $56.0M | 587 | Identity verification, background screening, and fraud prevention solutions are provided. | |
| socure.com | 2012 | New York, United States | $650.2M | 88 | AI-based identity verification and fraud detection are provided. | |
| jumio.com | 2010 | Sunnyvale, United States | $196.0M | 131 | AI-powered identity verification and fraud protection solutions are provided. | |
| microblink.com | 2013 | London, United Kingdom | $60.0M | – | Platform offering card scanning apps-based consumer payments | |
| evrotrust.com | 2015 | Sofia, Bulgaria | $13.8M | – | AI-based identity verification and electronic signing are provided for businesses. | |
| digio.com.br | 2016 | Sao Paulo, Brazil | – | – | Mobile platform offering credit cards | |
| trulioo.com | 2011 | Vancouver, Canada | $477.2M | – | Identity verification platform |
Detailed competitors of Prove
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Latest news on Prove
Complete news archive for Prove
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Prove
10 companies that operate in the same segment as Prove (Cybersecurity & Data Protection), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 4,260 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 2,241 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
AI-based software suites are developed for navigation applications. | 1893 | Paris, France | – | USD 26.01 B | 83,020 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud-based identity management and authentication are provided for enterprises. | 2009 | San Francisco, California, United States | USD 231.3 M | USD 2.92 B | 5,910 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Identity security solutions are provided to secure identities across infrastructures. | 1999 | Petah Tikva, Central District, Israel | USD 59 M | USD 1 B | 3,790 |
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Frequently Asked Questions about Prove
Prove was founded in 2008.
Prove is headquartered in New York, United States. It is registered at New York, New York, United States.
Prove is a funded company, having raised a total of $268.47M across 14 funding rounds to date. The company's 1st funding round was a Series D of $10M, raised on Jun 12, 2008.
Prove is established as a global leader in digital identity verification and authentication solutions. Services are provided to over 1,500 companies across various industries including banking, healthcare, fintech, and online gaming. Solutions such as Prove Pre-Fill, Prove Identity, and Prove Auth are designed to reduce fraud, enhance consumer experiences, and streamline onboarding processes. Operations are supported in over 200 countries, leveraging a registry of over 1 billion identity tokens. Consumer friction is minimized through innovative, secure, and seamless technologies.
Prove offers Prove Pre-Fill®, Prove Identity®, Prove Auth®, and Prove Identity Manager℠.
Prove has 27 investors. Key investors include Synchrony, TransUnion, Verizon, Apax Partners, and TNSI.
Prove operates through Prove Identity, Inc..