Prove
Confidently verify consumers
New York, United States · Founded 2008 · $202.3M raised
- Headquarters
- New York, New York
- Employees
- 501–1000
- Founded
- 2008
- Business Model
- B2B
- Website
- prove.com
- Total Funding
- $202.3M
- Last Round
- $40.0M Series FOct 2023
- Rounds
- 7
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
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 $202.3M in total across 7 rounds, most recently a $40.0M Series F round in Oct 2023. Investors include MassMutual Ventures, Capital One and TransUnion.
Tech & App Stack
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Funding History
Oct 2023
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Funding: Seed through Series F. Amounts, valuations, and investors where available.
Investors
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