Prover

Stockholm, Sweden Founded: 1989 • Age: 37 yrs
Provider of software solution for railway control and signaling
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About Prover

Prover is a company based in Stockholm (Sweden) founded in 1989.. Prover offers products and services including Prover Studio, Prover iLock, and Prover Certifier. Prover operates in a competitive market with competitors including Humatics, Siemens, sTraffic, Septentrio and Hunan Lingxiang Maglev Technology, among others.

  • Headquarter Stockholm, Sweden
  • Sectors
    Transportation, Automotive & Logistics
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Prover Technology Ab
Operational Areas
Transportation, Automotive & Logistics → Rail Transportation & Systems
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
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Products & Services of Prover

Prover offers a comprehensive portfolio of products and services, including Prover Studio, Prover iLock, and Prover Certifier. 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

Tool for simulating and verifying railway signaling systems.

Software for safe railway interlocking and control mechanisms.

Platform for certifying safety in rail control projects.

Funding Insights of Prover

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2019 Amount Private Equity Round - Prover Valuation Synopsys
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 Prover

Prover has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Synopsys. 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
Institutional
Investor Description Founded Year Domain Location
Electronic design automation solutions are provided for semiconductor systems.
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 Prover

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 - Prover

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

Prover Comparisons

Employees
+
Add Comparison
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Competitors of Prover

Prover 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 Humatics, Siemens, sTraffic, Septentrio and Hunan Lingxiang Maglev Technology, 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
Control systems for collaborative robots in human environments are developed.
domain founded_year HQ Location
Industrial software is developed for automation, electrification, and digitalization solutions.
domain founded_year HQ Location
Integrated solutions are provided for rail and road transport operators.
domain founded_year HQ Location
High-precision GNSS receivers and positioning solutions are provided.
domain founded_year HQ Location
Provider of intelligent maintenance equipment and control systems for the rail transportation industry
domain founded_year HQ Location
Rail transportation control systems are designed, integrated, and implemented.
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 Prover

Synopsys Invests In Prover Technology
Synopsys17 years ago

Frequently Asked Questions about Prover

When was Prover founded?

Prover was founded in 1989 and raised its 1st funding round 30 years after it was founded.

Where is Prover located?

Prover is headquartered in Stockholm, Sweden.

What does Prover do?

Prover provides railway control signaling solutions. Offers a suite of applications that enable specification, coding, simulation and formal verification of control signaling applications. Additionally, the solutions enable users in the development of railway interlocking Systems and certification of railway signaling systems (including ERTMS, CBTC, and interlocking systems).

Who are the top competitors of Prover?

Prover's top competitors include Siemens, Humatics and Advanced Rail Controls.

What products or services does Prover offer?

Prover offers Prover Studio, Prover iLock, and Prover Certifier.

Who are Prover's investors?

Prover has 1 investor. Key investors include Synopsys.

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