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      Prove Identity's Logo

      Prove Identity - Undisclosed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      October 18, 2023

      Financing amount

      $40M

      Valuation

      --

      Category

      Others

      Subcategory

      Identity Privacy Security

      About Prove Identity - Undisclosed

      Prove Identity, Inc. ("Prove"), a global leader in digital identity solutions, has announced a $40 million funding round led by MassMutual Ventures and Capital One Ventures. The new funding, supported by over 40% new international customer growth year to date, reinforces Prove’s position as the global leader in the digital identity verification and authentication market. The funds will be used to launch new commerce enablement and fraud-fighting use cases, continue Prove’s global expansion, and address the evolving threats faced by all public and private institutions operating in the digital economy. 

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2014 4 --
      Corporate United States of America -- 1 --

      Founders & Team

      Rodger Desai's Logo

      Rodger Desai

      Tom FitzSimmons's Logo

      Tom FitzSimmons

      Company Profile / Project Introduction

      Prove is the modern way for businesses to enable their customers to prove their identities. Prove offers phone-centric solutions that enable its customers to acquire new consumers and engage with their existing consumers by removing friction while bolstering security and enhancing consumer privacy & consumer choice. Prove's solutions are used by more than 1,000 businesses across diversified industries, including banks, financial services, healthcare, insurance, and e-commerce. 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 operating costs across all channels. Prove's omnichannel solutions are available in 195 countries.

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      *Fundraising Announcement: Click here