www.prove.comEnterprise Software / CybersecurityFounded: 2008Funding to Date: $939.26MM
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.
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 | Capital One Ventures, Massmutual 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
--
Key Investors
Capital One Ventures, Massmutual Ventures
|
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08/07/2023 | Series I-2 | $15MM | $xx.xx | $1.35B | Capital One Ventures, Massmutual 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
--
Key Investors
Capital One Ventures, Massmutual Ventures
|
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08/07/2023 | Series I-1 | $25MM | $xx.xx | $1.35B | Capital One Ventures, Massmutual 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
--
Key Investors
Capital One Ventures, Massmutual Ventures
|
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06/18/2020 | Series H-2 | $1.79MM | $xx.xx | $537.53MM | Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management | |
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
--
Key Investors
Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management
|
||||||
06/18/2020 | Series H-4 | $4.75MM | $xx.xx | $537.53MM | Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management | |
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
15.2%
Cumulative
Cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management
|
||||||
06/18/2020 | Series H-3 | $16.53MM | $xx.xx | $537.53MM | Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management | |
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
15.5%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management
|
||||||
06/18/2020 | Series H-1 | $76MM | $xx.xx | $537.53MM | Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management | |
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
--
Key Investors
Apax Digital, Massmutual Ventures, Ralph De La Vega, Sandbox Insurtech Ventures, Synchrony Financial, Wellington Management
|
||||||
04/17/2019 | Series G-2 | $360,825.00 | $xx.xx | $313.81MM | Massmutual Ventures, Synchrony Financial, Wellington Management | |
Price per Share
$xx.xx
Shares Outstanding
72,165
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Massmutual Ventures, Synchrony Financial, Wellington Management
|
||||||
04/17/2019 | Series G-1 | $14.78MM | $xx.xx | $313.81MM | Massmutual Ventures, Synchrony Financial, Wellington Management | |
Price per Share
$xx.xx
Shares Outstanding
2,956,496
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Massmutual Ventures, Synchrony Financial, Wellington Management
|
||||||
02/13/2018 | Series F-2 | $5MM | $xx.xx | $239.22MM | Andrew Prozes, Anil Aggarwal, Jonathan Weiner, Massmutual Ventures, Synchrony Financial | |
Price per Share
$xx.xx
Shares Outstanding
1,206,302
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andrew Prozes, Anil Aggarwal, Jonathan Weiner, Massmutual Ventures, Synchrony Financial
|
||||||
02/13/2018 | Series F-1 | $18MM | $xx.xx | $239.22MM | Andrew Prozes, Anil Aggarwal, Jonathan Weiner, Massmutual Ventures, Synchrony Financial | |
Price per Share
$xx.xx
Shares Outstanding
4,342,594
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Andrew Prozes, Anil Aggarwal, Jonathan Weiner, Massmutual Ventures, Synchrony Financial
|
||||||
01/05/2017 | Series E-2 | $365,874.47 | $xx.xx | $200.89MM | American Express Ventures, Andrew Prozes, Bluecross Blueshield Venture Partners, Early Warning Services, Maclab Development Group, Opus Capital, Relay Ventures, Rogers Venture Partners, Rre Ventures, Strauss Zelnick, Transaction Network Services, Verizon Ventures | |
Price per Share
$xx.xx
Shares Outstanding
88,271
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Andrew Prozes, Bluecross Blueshield Venture Partners, Early Warning Services, Maclab Development Group, Opus Capital, Relay Ventures, Rogers Venture Partners, Rre Ventures, Strauss Zelnick, Transaction Network Services, Verizon Ventures
|
||||||
01/05/2017 | Series E-1 | $22.95MM | $xx.xx | $200.89MM | American Express Ventures, Andrew Prozes, Bluecross Blueshield Venture Partners, Early Warning Services, Maclab Development Group, Opus Capital, Relay Ventures, Rogers Venture Partners, Rre Ventures, Strauss Zelnick, Transaction Network Services, Verizon Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,537,000
Liquidation Pref Order
4
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Andrew Prozes, Bluecross Blueshield Venture Partners, Early Warning Services, Maclab Development Group, Opus Capital, Relay Ventures, Rogers Venture Partners, Rre Ventures, Strauss Zelnick, Transaction Network Services, Verizon Ventures
|
||||||
10/18/2013 | Series D | $10MM | $xx.xx | $151MM | Early Warning | |
Price per Share
$xx.xx
Shares Outstanding
2,588,762
Liquidation Pref Order
5
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
3
Key Investors
Early Warning
|
||||||
04/13/2011 | Series C-1B | $3.62MM | $xx.xx | $99.13MM | American Express, Blackberry Partners Fund, Opus Capital, Rogers Ventures, Rre Ventures, Verizon Investments | |
Price per Share
$xx.xx
Shares Outstanding
1,268,876
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
2
Key Investors
American Express, Blackberry Partners Fund, Opus Capital, Rogers Ventures, Rre Ventures, Verizon Investments
|
||||||
04/13/2011 | Series C-1 | $15MM | $xx.xx | $99.13MM | American Express, Blackberry Partners Fund, Opus Capital, Rogers Ventures, Rre Ventures, Verizon Investments | |
Price per Share
$xx.xx
Shares Outstanding
5,262,205
Liquidation Pref Order
6
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Participating
Participation Cap
2
Key Investors
American Express, Blackberry Partners Fund, Opus Capital, Rogers Ventures, Rre Ventures, Verizon Investments
|
||||||
08/02/2010 | Series B | $11.14MM | $xx.xx | $23.89MM | Opus Capital, Relay Ventures, Rre Ventures | |
Price per Share
$xx.xx
Shares Outstanding
11,135,000
Liquidation Pref Order
7
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Opus Capital, Relay Ventures, Rre Ventures
|
||||||
06/12/2008 | Series A | $1.6MM | $xx.xx | $2.67MM | Rre Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,200,000
Liquidation Pref Order
8
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Rre Ventures
|