# Proof.Works

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

- Industry: Healthcare IT
- Headquarters: Chicago, US
- Website: www.proof.work
- Total disclosed funding: $0.2M
- Latest round: Seed (Mar 30, 2018)
- Investors on record: 1

## About

Proof.Works is an innovative company that enhances healthcare management through blockchain technology. They specialize in secure medical data management, empowering patients and providers alike with decentralized access and control over health records.Founded in 2017 and headquartered in Chicago, US, Proof.Works focuses on utilizing blockchain to reshape medical data management. The company has undergone shifts to improve its business operations and has raised USD 0.210 mn in a Seed funding round led by Jumpstart Health Investors in March 2018. The founder's details are currently not available.PROOF™ offers a suite of products aimed at improving the management and accessibility of medical data through blockchain. Their primary product, the Decentralized Electronic Medical Record (DEMR), allows patients to have complete ownership of their health records while enabling secure data exchanges among healthcare providers and insurers. The platform also utilizes Secure Transport Information Blocks (STIB) to facilitate compliance with privacy regulations like HIPAA and GDPR, targeting efficiency in healthcare transactions.PROOF™ generates revenue through partnerships and direct transactions with healthcare providers, payers, and research institutions leveraging its blockchain solutions. Revenue is derived from subscription models for technology access and transaction fees associated with their DEMR and STIB solutions. The PROOF™ (PRF) Token serves as the currency for network transactions, supporting the buying and selling of services.Proof.Works plans to utilize the recent Seed funding of USD 0.210 mn to enhance its offerings and expand into new geographic markets. The company is developing new products that will further integrate their blockchain technology within healthcare systems. Specific target markets for expansion include key regions in North America and Europe, with initiatives aimed for rollout in the coming years. The funding will support these product developments and market entry strategies.

## Funding rounds

- Seed, Mar 30, 2018, $0.2M — Jumpstart Health Investors

## Investors

- Jumpstart Health Investors (https://capitalatlas.ai/funds/jumpstart-health-investors) — Seed