# Proof Authentication

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proof-authentication

- Industry: IT Security/Cybersecurity
- Headquarters: Rochester, US
- Website: www.proofauthentication.com
- Latest round: Series A (Jun 22, 2021)
- Investors on record: 1

## About

Proof Authentication Corp. provides advanced authentication technology to secure digital transactions and protect sensitive information, serving a clientele that includes Fortune 500 companies across various industries.Founded in 2019 and headquartered in Rochester, US, Proof Authentication Corp. specializes in authentication technologies aimed at securing digital transactions. Max Ricci is the founder, and Daniel McKinnon serves as the CEO. The company has engaged in one deal, with its most recent deal occurring on June 22, 2021, when it raised funds during a Series A round led by the Venture Capital Fund of America.Proof Authentication specializes in providing advanced authentication technology designed to secure digital transactions and protect sensitive information for its clientele. The company's core offerings include sophisticated software solutions that enable organizations to verify the identity of users and validate the authenticity of digital documents and assets, primarily utilized by Fortune 500 companies across finance, healthcare, and technology sectors. The technology addresses challenges related to identity theft, data breaches, and unauthorized access, ultimately reinforcing the integrity of client operations.Proof Authentication generates revenue primarily through B2B transactions, providing subscription-based access to its authentication solutions. The company engages in direct partnerships with major corporations, deriving revenue from long-term contracts that include setup fees, ongoing subscription fees, and additional service charges for customized solutions. This model allows Proof Authentication to maintain strong client relationships while delivering high-quality, reliable authentication services.In June 2021, Proof Authentication Corp. raised an undisclosed amount of Series A funding, which will be utilized to achieve its mission of engineering premier anti-counterfeiting authentication solutions. The company is focused on expanding its product offerings and enhancing its technology to meet emerging security needs. Additionally, it plans to explore new markets in North America, Europe, and Asia-Pacific, aiming for a strategic rollout over the coming years.

## Funding rounds

- Series A, Jun 22, 2021 — VCFA Group

## Investors

- VCFA Group (https://capitalatlas.ai/funds/vcfa-group) — Series A