About Proviera
Proviera is a Healthcare company based in Chennai (India) founded in 2009 by Matt Wood. It operates as an organic products and probiotics are manufactured for leather applications. Proviera has raised $1.47 million across 2 funding rounds from investors including The Chennai Angels and Infuse Ventures. The company has 296 employees. Its chief executive is Matt Wood. Its Indian entity Proklean Technologies Private Limited reported revenue of ₹53.96 Cr. Proviera offers products and services including ProSoak, ProSpread, and ProDegreaze. Its focus areas include Life Sciences, Nutraceuticals Tech, Functional Foods and Beverages and Probiotics. Its competitors include Pendulum, The Good Bug, Harmless Harvest, OptiBiotix Health and One bio and 4 more; 5 of its 9 listed competitors have raised funding.
Company details
Proviera was founded in 2009 in Chennai, India, and operates as a manufacturer of organic products and probiotics. A full spectrum of probiotic and biochemical solutions is provided for leather applications, including products such as ProSoak, ProSpread, and ProDegreaze. The company focuses on biochemical processes within the organic manufacturing sector, serving industrial needs in the region.
- Headquarters Chennai, India
- Employees 296
- Founders Matt Wood
- SectorsHealthcare
- Website proviera.com
- Social LinkedIn X Facebook Instagram
- Legal Name Proklean Technologies Private Limited
- Date of Incorporation 03 Feb, 2012
- Annual Revenue₹53.96 Cr
FY 2024 · +28% YoY
- Net Profit₹1.54 Cr
FY 2024 · 3% margin
- EBITDA₹3.64 Cr
FY 2024 · 7% margin
- Total Equity Funding$1.47M (USD)
in 2 rounds
- Latest Funding Round$1M (USD), Seed
Mar 2014
- InvestorsThe Chennai Angels
& 1 more
- Employee Count296
Associated legal entities of Proviera
Proviera operates through Proklean Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Proklean Technologies Private Limited CIN U29253TN2012PTC084290 | Active | 03 Feb 2012 | Chennai, Tamil Nadu | ₹54.0 Cr | 153 | 9 | View details |
Products & Services of Proviera
Proviera offers a comprehensive portfolio of products and services, including ProSoak, ProSpread, and ProDegreaze.
Natural product for soaking hides in leather processing.
Used for spreading in sustainable leather production.
Probiotic-based degreaser for leather hides.
Funding Insights of Proviera
Proviera has successfully raised a total of $1.47M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1 million completed in March 2014. 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 $1.47M
- Total Rounds 2
- Last Round Seed — $1M
- First Round $464,000
(May 2012)
- Investors Count 2
All 2 funding rounds of Proviera 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 |
|---|---|---|---|---|---|
| Mar 2014 | $1M | Seed | – | Infuse Ventures | – |
| May 2012 | $464,000 | Angel Round | – | – |
2 investors in total: 2 institutional.
Investors in Proviera
Proviera has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Chennai Angels and Infuse Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on the sustainability and clean energy sector | – | infuseventures.in | Ahmedabad, India | |
Angel network focused on multiple sectors | 2007 | thechennaiangels.com | Chennai, India |
Investor details for Proviera
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Board of directors of Proklean Technologies Private Limited (Proviera)
Proklean Technologies Private Limited is the primary company behind Proviera. The board of Proklean Technologies Private Limited currently have 9 directors; the longest-serving is Sivaramakrishna Pillai, appointed in 2012. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sivaramakrishna Pillai DIN 00185476 | Director | 03 Feb 2012 | 14 yrs 8 mo | Proklean Technologies Private Limited |
| Balasubramanian Chandrasekhar DIN 05144901 | Director | 03 Feb 2012 | 14 yrs 8 mo | Proklean Technologies Private Limited |
| Vishwadeep Kuila DIN 00328192 | Director | 03 May 2012 | 14 yrs 5 mo | Proklean Technologies Private Limited |
| Sameer Dilip Mehta DIN 01881165 | Director | 03 May 2012 | 14 yrs 5 mo | Proklean Technologies Private Limited |
| Siddharth Ammembal Pai DIN 03195386 | Nominee Director | 16 Dec 2019 | 6 yrs 10 mo | Proklean Technologies Private Limited |
| Raman Ramachandran DIN 00200297 | Director | 28 Jan 2021 | 5 yrs 8 mo | Proklean Technologies Private Limited |
| Mandar Avinash Gupte DIN 00369410 | Nominee Director | 19 May 2023 | 3 yrs 5 mo | Proklean Technologies Private Limited |
| Achala Vasudev Danait DIN 08730270 | Director | 02 May 2024 | 2 yrs 5 mo | Proklean Technologies Private Limited |
| Varun Batra DIN 00020526 | Nominee Director | 26 Nov 2024 | 1 yr 10 mo | Proklean Technologies Private Limited |
People of Proviera
1 people are tracked at Proviera (1 in leadership); the tracked headcount is 296.
| Name | Role | Group |
|---|---|---|
Matt Wood | Founder & CEO | Leadership |
Complete people profiles for Proviera
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Proviera
Figures of Proklean Technologies Private Limited, the primary company behind Proviera, for FY 2024. Revenue was ₹53.96 Cr (+28% year on year). Net profit was ₹1.54 Cr (3% margin). EBITDA was ₹3.64 Cr (7% margin). Revenue has grown at a compounded annual rate of +53% over three years and +34% over five years.
- ₹53.96 CrRevenue · FY 2024 · +28% YoY
- ₹1.54 CrNet profit · 3% margin
- ₹3.64 CrEBITDA · 7% margin
- ₹51.8 LakhPaid-up capital
- 153Employees (provident fund records)
- +53%Revenue CAGR, 3 years
- +34%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Proklean Technologies Private Limited are on its company page.
Detailed financial statements for Proviera
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Proviera
3 dated milestones of Proviera across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Proviera is founded.
- Funding First funding round of $464K.
- Funding Latest funding round, Seed, of $1.0M.
Competitors of Proviera
Proviera has 9 listed competitors in our database, 5 of them funded. They include Pendulum, The Good Bug, Harmless Harvest, OptiBiotix Health and One bio, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pendulumlife.com | 2012 | San Francisco, United States | $109.5M | 55 | Pendulum is focused on developing advanced probiotic solutions. | |
| thegoodbug.com | 2021 | Mumbai, India | $20.02M | 112 | Synbiotic supplements and fermented products for gut health are provided. | |
| harmlessharvest.com | 2009 | San Francisco, United States | $30M | 47 | Branded coconut water and probiotic beverages are manufactured and marketed. | |
| optibiotix.com | 2012 | York, United Kingdom | – | 12 | Microbial strains are developed for treating human metabolic diseases. | |
| one.bio | 2015 | New York, United States | $27M | – | Online tools for partner management and opportunity screening. | |
| probi.com | 1991 | Lund, Sweden | – | – | Probiotic strains for health solutions are developed and manufactured. | |
| gnubiotics.com | 2016 | Monthey, Switzerland | $30,758 | – | Microbiome-modulating prebiotic solutions are developed and commercialized. | |
| bioxyne.com | 1997 | Sydney, Australia | – | – | Probiotic-based dietary supplements for immune health are developed. | |
| oragenics.com | 1996 | Tampa, United States | – | 5 | Developer of novel treatments for infectious diseases and oral mucositis as well as probiotics for oral health |
Detailed competitors of Proviera
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Web traffic of Proviera
The website of Proviera (proviera.com) receives about 1.9K visits a month.
- Monthly visits1.9K
Top companies in Nutraceutical & Food-as-Medicine Platforms
10 companies that operate in the same segment as Proviera (Nutraceutical & Food-as-Medicine Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Ayurvedic healthcare and nutritional products are provided by Kapiva. | 2016 | Bengaluru, Karnataka, India | USD 77.85 M | USD 27.35 M | 362 | |
Plant-based frozen meals are delivered via weekly subscriptions. | 2016 | London, England, United Kingdom | USD 69.9 M | USD 12.54 M | 146 | |
Therapies for metabolic health in chronic disease patients are provided. | 2014 | San Francisco, California, United States | USD 401.78 M | – | 910 | |
Nutritional supplements for multiple health ailments are developed. | 2005 | Mumbai, Maharashtra, India | USD 1.55 M | – | – | |
Personalized gut health solutions are provided by ZOE. | 2017 | New Castle, Pennsylvania, United States | USD 15 M | – | – | |
Machine learning-based bioinformatics solutions for health insights are provided. | 2016 | Los Alamos, New Mexico, United States | USD 301.57 M | – | – | |
Cellular health supplements for metabolic repair are developed and manufactured. | 2014 | New York, New York, United States | USD 66.1 M | – | – | |
Nutritional food and health supplements are provided by OZiva. | 2010 | Mumbai, Maharashtra, India | USD 17.32 M | USD 23.98 M | – | |
Low-carb products for weight loss are provided by Atkins. | 1960 | Denver, Colorado, United States | USD 15 M | – | – | |
Synbiotic supplements and fermented products for gut health are provided. | 2021 | Mumbai, Maharashtra, India | USD 20.02 M | USD 5.14 M | 88 |
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Related news about Proviera
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Frequently Asked Questions about Proviera
Proviera was founded in 2009 and raised its 1st funding round 3 years after it was founded.
Proviera is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Matt Wood is the current CEO of Proviera. They have also founded this company.
Proviera is a funded company, having raised a total of $1.47M across 2 funding rounds to date. The company's 1st funding round was a Angel Round of $464K, raised on May 2012.
Proviera has 296 employees.
The primary company behind Proviera, Proklean Technologies Private Limited, reported revenue of ₹53.96 Cr for FY 2024, up 28% year on year.
Proviera was founded in 2009 in Chennai, India, and operates as a manufacturer of organic products and probiotics. A full spectrum of probiotic and biochemical solutions is provided for leather applications, including products such as ProSoak, ProSpread, and ProDegreaze. The company focuses on biochemical processes within the organic manufacturing sector, serving industrial needs in the region.
Proviera's top competitors include The Good Bug, Pendulum and OptiBiotix Health.
Proviera offers ProSoak, ProSpread, and ProDegreaze.
Proviera has 2 investors. Key investors include The Chennai Angels, and Infuse Ventures.
Proviera operates through Proklean Technologies Private Limited.
The legal entities of Proviera currently have 9 directors, including Varun Batra, Achala Vasudev Danait, Mandar Avinash Gupte and others.