Prove Funding & Investors
New York, NY
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.comTotal Amount Raised: $251,011,280
Prove Funding Rounds
Series Unknown
$40,000,000
Series Unknown Investors
Thc CommunicationsMassMutual VenturesSeries H
$100,000,000
Series H Investors
Apax DigitalSynchrony VenturesWellington ManagementAndrew ProzesRalph de la VegaSandbox Insurtech VenturesMassMutual VenturesThe Blue Venture FundSeries G
$15,143,305
Series G Investors
TransUnionSynchrony FinancialMassMutual VenturesWellington ManagementSeries F
$22,999,619
Series F Investors
Institutional InvestorSynchrony VenturesMassMutual VenturesAnil AggarwalJonathan WeinerAndrew ProzesSeries E
$23,500,000
Series E Investors
Andrew ProzesThe Blue Venture FundStrauss ZelnickTransaction Network ServicesRRE VenturesOpus CapitalRelay VenturesEarly WarningAmerican Express VenturesVerizon VenturesRogers Venture PartnersSeries Unknown
$2,660,723
Debt Financing
$5,500,000
Series D
$9,999,999
Series D Investors
Early WarningSeries C
$18,616,951
Series C Investors
American Express VenturesRRE VenturesOpus CapitalVerizon VenturesRelay VenturesRogers Venture PartnersSeries B
$10,990,679
Series B Investors
Opus CapitalRRE VenturesRelay VenturesSeries A
$1,600,000
Series A Investors
RRE Ventures