About Provengo
Provengo is a company based in Ramat Hasharon (Israel) founded in 2020 by Michael Bar Sinai, Gera Weiss, and Dror Elad.. Provengo has raised $120 thousand across 1 funding round from investors including Techstars. Provengo offers products and services including Provengo. Provengo operates in a competitive market with competitors including Jama Software, QualiTest, Cigniti, App Labs and Blueprint, among others.
- Headquarter Ramat Hasharon, Israel
- Founders Michael Bar Sinai, Gera Weiss, Dror Elad
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$120 K (USD)
in 1 rounds
-
Latest Funding Round
$120 K (USD), Seed
Mar 30, 2022
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Provengo
Provengo offers a comprehensive portfolio of products and services, including Provengo. 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.
Platform for system requirements validation and AI-assisted development
Funding Insights of Provengo
Provengo has successfully raised a total of $120K through 1 strategic funding round. The most recent funding activity was a Seed round of $120 thousand completed in March 2022. 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 Seed — $120,000
-
First Round
First Round
(30 Mar 2022)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2022 | Amount | Seed - Provengo | Valuation | Techstars |
|
| 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 Provengo
Provengo 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.
| 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 Provengo
| 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 - Provengo
| 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 |
Provengo Comparisons
Competitors of Provengo
Provengo 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 Jama Software, QualiTest, Cigniti, App Labs and Blueprint, 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 |
Cloud-based software for product requirement management is provided.
|
|
| domain | founded_year | HQ Location |
Software testing services are provided across multiple industries.
|
|
| domain | founded_year | HQ Location |
Independent software testing services are provided with proprietary tools.
|
|
| domain | founded_year | HQ Location |
Provider of software testing services
|
|
| domain | founded_year | HQ Location |
Cloud-based solutions for digital process modeling and optimization are provided.
|
|
| domain | founded_year | HQ Location |
Software testing services are provided across various industries by SQS.
|
| 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.
|
Frequently Asked Questions about Provengo
When was Provengo founded?
Provengo was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Where is Provengo located?
Provengo is headquartered in Ramat Hasharon, Israel. It is registered at Ramat Hasharon, Tel Aviv District, Israel.
Who is the current CEO of Provengo?
Dror Elad is the current CEO of Provengo. They have also founded this company.
Is Provengo a funded company?
Provengo is a funded company, having raised a total of $120K across 1 funding round to date. The company's 1st funding round was a Seed of $120K, raised on Mar 30, 2022.
What does Provengo do?
Platform offering requirement management tool. It enables users to capture specifications and user stories that enable the system to self generate business processes and maps. The platform auto generates test scenarios. It allows users to develop code and business people to validate the system process. It helps to synchronize and align business and teams.
Who are the top competitors of Provengo?
Provengo's top competitors include Jama Software, QualiTest and Cigniti.
What products or services does Provengo offer?
Provengo offers Provengo.
Who are Provengo's investors?
Provengo has 1 investor. Key investors include Techstars.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.