# Proof of Performance Data Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proof-of-performance-data-services

- Industry: Marketing/Advertising
- Headquarters: Noida, India
- Website: www.proof-of-performance.com
- Total disclosed funding: $1.2M
- Latest round: Series B (Aug 28, 2015)
- Investors on record: 2

## About

Proof of Performance Data Services offers innovative technology solutions that enhance operational efficiencies for businesses, focusing on project management, team collaboration, and automation.Proof of Performance Data Services specializes in providing software solutions to improve operational workflows. The company is headquartered in Noida, India, and has engaged in five notable deals with the most recent funding round being Series B, raising INR 7.5 million on August 28, 2015, from YourNest Capital Advisors. The total amount raised by the company to date is INR 7.5 million, with a current valuation of INR 1903.27 million.The company specializes in technology solutions aimed at improving operational efficiencies across various sectors. Its core offerings include a software platform launched in 2021, designed to streamline project management and facilitate team collaboration. This platform targets medium to large enterprises, particularly in the technology, finance, and healthcare industries, assisting them in managing resources effectively and enabling digital transformation.In the most recent financial year, Proof of Performance Data Services reported revenue of INR 120,259.6 in 2019, with an EBITDA of -48,365.7 in the same year. The company's revenue model is based on subscription services, allowing clients to access its software platform with various pricing tiers, ensuring flexibility and scalability in their usage of the technology.The company aims to leverage its recent Series B funding to enhance its product offerings and expand into new geographic markets. Plans include the development of upcoming software features designed for enhanced project tracking, set to launch in late 2023. Additionally, Proof of Performance Data Services seeks to penetrate markets in North America and Europe, utilizing insights gained from its existing customer base to tailor its solutions to meet the needs of these regions.

## Funding rounds

- Series B, Aug 28, 2015, $0.1M — YourNest Capital Advisors
- Series A, Oct 18, 2013, $0.3M — YourNest Capital Advisors
- Series A, Jan 31, 2012, $0.7M — YourNest Capital Advisors
- Angel, Apr 20, 2011, $0M — IIMA Ventures

## Investors

- IIMA Ventures (https://capitalatlas.ai/funds/iima-ventures) — Angel
- YourNest Capital Advisors (https://capitalatlas.ai/funds/yournest-capital-advisors) — Series A, Series B