How much funding has Prove raised?

Prove has raised $143.8M in total funding, most recently a Series F round.

Who are Prove's investors?

Prove's investors include Apax Digital, Stack Capital, MassMutual Ventures, Capital One.

Where is Prove headquartered?

Prove is headquartered in New York, New York, United States.

What industry is Prove in?

Prove operates in Cybersecurity, Fintech.

Prove

Confidently verify consumers

New York, United States · Founded 2008 · $143.8M raised

Cybersecurity

Fintech

Headquarters: New York, New York
Employees: 501–1000
Founded: 2008
Business Model: B2B

Website: prove.com
Total Funding: $143.8M
Last Round: $100.0M Series FOct 2023
Rounds: 4

About

Prove (formerly Payfone) is a digital identity verification and authentication company that has processed over 1 billion identity verifications. Its phone-centric identity platform enables more than 1,500 enterprises — including 8 of the top 10 U.S. banks and 500+ financial institutions — to reduce fraud, streamline digital onboarding, and deliver frictionless customer experiences. Prove's core products include Prove Identity (document-free identity verification), Prove Auth (passwordless authentication), and the Prove Identity Network, a consortium-style platform for continuous identity verification. The company rebranded from Payfone to Prove in 2020 and achieved unicorn status ($1B+ valuation) with a $40M raise in 2023.

Summary

Prove is a Cybersecurity company based in New York, United States, founded in 2008. It has raised $143.8M in total across 4 rounds, most recently a $100.0M Series F round in Oct 2023. Investors include Apax Digital, Stack Capital and MassMutual Ventures.

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