Proof Data Technology
Latest round
- Seed
Last raised
- Jun 2019
Total raised
- Undisclosed
Investors
- 7
About Proof Data Technology
Proof Data Technology, Inc.Founded in 2016 and headquartered in Whitehorse, Canada, Proof Data Technology, Inc. specializes in providing digital solutions for government agencies. The company has undergone a strategic pivot towards integrating comprehensive digital services for public sector clients., a portfolio company of Bessemer Venture Partners, Golden Ventures, and RTP Global, although the financial terms of the deal remain undisclosed.Proof specializes in a centralized software platform designed to facilitate the digital transformation of government operations. Their core offerings include streamlining approvals, digitizing forms, and enabling one-click electronic signatures, all aimed at enhancing data-driven decision-making processes within government agencies. These solutions are designed to eliminate paper-based workflows, thereby improving efficiency and reducing administrative burdens. The company targets a diverse client base, primarily consisting of government entities at various levels, including municipal, state, and federal organizations.Proof's revenue model is structured around subscription-based services, allowing government clients to access their digital platform through annual or multi-year contracts. Each subscription typically encompasses a range of features suited to the specific needs of the clients, such as document management, electronic signing capabilities, and data analytics tools. The firm may also engage in partnerships with governmental organizations to deliver tailored solutions that enhance workflow efficiencies and compliance.In light of the acquisition by Daylight Automation, Inc. in January 2022, Proof Data Technology, Inc. is expected to leverage additional resources for product development and market expansion. The company is focusing on enhancing its software offerings with new features aimed at facilitating greater interoperability among government systems. Plans are in place to increase its presence in both North American and European markets by the end of 2023, targeting specific regions where digital transformation initiatives are gaining momentum.
Who invested in Proof Data Technology
7 investors across 1 round
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Funding rounds
Seed
Jun 1, 2019
Amount
Undisclosed
Investors
Questions about Proof Data Technology
Who invested in Proof Data Technology?
Proof Data Technology has 7 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Proof Data Technology raised?
Proof Data Technology has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Proof Data Technology last raise money?
Proof Data Technology's most recent round on record is a Seed, in Jun 2019.
What does Proof Data Technology do?
Proof Data Technology is a software company.
Where is Proof Data Technology headquartered?
Proof Data Technology is headquartered in Whitehorse, Canada.
Which VCs invest in companies like Proof Data Technology?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Proof Data Technology's stage. Their profiles are linked below.
VCs backing software startups at Seed
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