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Prove Funding & Investors

Prove is the modern way of proving identity with just a phone number. With 1 billion+ consumer and small business identity tokens under continuous management, Prove’s Phone-Centric Identity™ platform helps companies mitigate fraud while accelerating revenue and reducing OPEX across mobile, desktop, tablet, contact center, and in-store channels. 1,000+ companies and 500+ banks, including 9 of the top 10 US banks, trust Prove to secure their onboarding, digital servicing, call center, e-commerce, payments, and compliance experiences. Prove’s omnichannel solutions are available in 195 countries. Prove has two main solutions + MFA: • Prove Pre-fill™ for Onboarding & Digital Acquisition, which helps companies increase signups and mitigate account opening fraud by authenticating consumer identities, and auto-filling verified data in any channel. • Fonebook™ for Digital Servicing, which helps companies: - Access a single identity authentication platform that reduces complexity and total cost of ownership to create a holistic view of your customer across their entire channels - Manage, add, and update customer phone numbers to ensure you always have the right number for your customer Multi-factor Authentication: - Standard SMS & Voice OTPs - Instant Link™ (authenticate through SMS link without needing OTP) - Mobile Auth™ (authentication via cellular networks; passive method for passwordless login) - Voice Biometrics – Match against a consumer’s voice for authentication - Push Authentication – App-based method to prove Possession, can also pull in behavioral biometrics, device (PKI), and environmental (Wi-Fi, Bluetooth, network) signals - Secure transactions across multiple digital servicing use cases, including login, high-risk transactions, call center, and passwordless login

prove.com

Total Amount Raised: $251,011,280

Prove Funding Rounds

  • Series H

    $100,000,000

    Series H Investors

    Apax Digital
    Synchrony Ventures
    Wellington Management
    Andrew Prozes
    Ralph de la Vega
    Sandbox Insurtech Ventures
    MassMutual Ventures
    The Blue Venture Fund
  • Series G

    $15,143,305

    Series G Investors

    TransUnion
    Synchrony Financial
    MassMutual Ventures
    Wellington Management
  • Series E

    $23,500,000

    Series E Investors

    Andrew Prozes
    The Blue Venture Fund
    Strauss Zelnick
    Transaction Network Services
    RRE Ventures
    Opus Capital
    Relay Ventures
    Early Warning
    American Express Ventures
    Verizon Ventures
    Rogers Venture Partners
  • Series Unknown

    $2,660,723

  • Debt Financing

    $5,500,000

  • Series A

    $1,600,000

    Series A Investors

    RRE Ventures
  • Series F

    $22,999,619

    Series F Investors

    Institutional Investor
    Synchrony Ventures
    MassMutual Ventures
    Anil Aggarwal
    Jonathan Weiner
    Andrew Prozes
  • Series Unknown

    $40,000,000

    Series Unknown Investors

    Thc Communications
    MassMutual Ventures
  • Series D

    $9,999,999

    Series D Investors

    Early Warning
  • Series C

    $18,616,951

    Series C Investors

    American Express Ventures
    RRE Ventures
    Opus Capital
    Verizon Ventures
    Relay Ventures
    Rogers Venture Partners
  • Series B

    $10,990,679

    Series B Investors

    Opus Capital
    RRE Ventures
    Relay Ventures
Funding info provided by Diffbot.