Mobile-phone-data-based digital identity verification and authentication platform for banks, fintechs, and ecommerce.
Prove (formerly Payfone) uses mobile phone data and possession signals (SIM-binding, device intelligence, behavioral biometrics) to verify identity and authenticate users for banks, fintechs, and large ecommerce platforms. Last priced round was a $537M valuation in 2022; a $40M strategic round in late 2024 led by MassMutual Ventures and Capital One Ventures funds commerce-enablement and fraud-fighting use cases.
Cybersecurity📍 New York, USAFounded 2008
Current Valuation
$537M
as of 2022-Q2
PRIVATE
QL Price
$2.0B
0% vs last round
QuantLogix's current estimate for Prove, published 2026-10-07 — in line with the last disclosed round of $2.0B (2026-08).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$2.0B
2026-08
weight 0.88
How this price has held up
No round has priced for Prove since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Prove, 2026-10-07 (d26a494a44fed466).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Prove going public?
No. Prove is private and has not filed to go public. There is no S-1 on file.
What is Prove's valuation in 2026?
Prove is valued at $537M as of 2022-Q2, set by its Strategic ($40M, Nov 2024). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Prove filed an S-1?
No public S-1 is on file for Prove.
Who are Prove's investors?
Prove's investors include MassMutual Ventures, Capital One Ventures, Apax Digital, MassMutual, Wells Fargo Strategic Capital.
How much has Prove raised?
Prove has raised $240M in total, most recently a Strategic of $40M in Nov 2024.
Is Prove publicly traded — can you buy Prove stock?
No. Prove is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Prove on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Counted from Prove's live job board as of 2026-09-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Rodger Desai
Investors
MassMutual Ventures · Capital One Ventures · Apax Digital · MassMutual · Wells Fargo Strategic Capital
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2022-Q2. Refreshed quarterly.