Prove delivers digital trust, providing businesses the confidence to do more. Their global proprietary Prove Identity Network™ streamlines customer acquisition and frictionless servicing. Prove is purpose-built for a mobile-centric world modernizing the way consumers prove who they are with ease, accuracy, and privacy. This company was founded by Mike Brody and Rodger Desai in 2008 and is headquartered in New York, NY.
Prove is a privately held company and is not publicly traded, therefore investing in Prove pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can learn more about Forge’s Secondary Marketplace and how to invest in private companies before their potential IPO. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
Can you sell shares of Prove before it goes public?
You can seek to sell your shares in Prove while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.
What is the pre-IPO value of my Prove shares?
To determine the value of your Prove shares, create a free account to gain access to Forge’s platform. In addition to the Forge Price, Forge Markets contains pricing information for hundreds of pre-IPO companies such as Last Closed Trade Price. A Private Market Specialist will also be available to assist you with any inquiries related to your Prove shares. You can also learn more about how to sell your private shares before getting started.
Is Prove a publicly traded company?
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
To learn more about Prove potential IPO
Will Prove go IPO?
Prove has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.
What is Prove’s IPO price?
The Prove IPO price does not exist at this time, as Prove is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Prove register for Forge Markets, today.
When was Prove founded?
Prove was founded in 2008.
What is Prove funding to date?
Prove has raised $245.79MM to date.
Who are Prove’s major investors?
Relay ventures
Wellington Management
RRE Ventures
American Express Ventures
Verizon Ventures
MassMutual
Opus Capital
Stack Capital Group
Prove Funding Rounds and Valuation
Funding History Chart
Funding Round Details
Funding Date
Share Class
Amount Raised
Price per Share
Post-Money Valuation
Key Investors
08/07/2023
Series I-3
$3.91MM
$xx.xx
$1.35B
MassMutual Ventures, Capital One Ventures
Price per Share
$xx.xx
Shares Outstanding
230,791
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
MassMutual Ventures, Capital One Ventures
08/07/2023
Series I-2
$15MM
$xx.xx
$1.35B
MassMutual Ventures, Capital One Ventures
Price per Share
$xx.xx
Shares Outstanding
796,770
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
MassMutual Ventures, Capital One Ventures
08/07/2023
Series I-1
$25MM
$xx.xx
$1.35B
MassMutual Ventures, Capital One Ventures
Price per Share
$xx.xx
Shares Outstanding
1,327,949
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
MassMutual Ventures, Capital One Ventures
06/18/2020
Series H-4
$4.75MM
$xx.xx
$537.53MM
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
Price per Share
$xx.xx
Shares Outstanding
1,159,269
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
15.0%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
06/18/2020
Series H-3
$16.53MM
$xx.xx
$537.53MM
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
Price per Share
$xx.xx
Shares Outstanding
4,131,469
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
15.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
06/18/2020
Series H-2
$1.79MM
$xx.xx
$537.53MM
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
Price per Share
$xx.xx
Shares Outstanding
230,392
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
06/18/2020
Series H-1
$76MM
$xx.xx
$537.53MM
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
Price per Share
$xx.xx
Shares Outstanding
9,783,834
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Synchrony Financial, MassMutual Ventures, Wellington Management, Apax Digital, Sandbox Insurtech Ventures, Ralph de la Vega
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