Mobile-phone-data-based digital identity verification and authentication platform for banks, fintechs, and ecommerce.
Cybersecurity📍 New York, USAFounded 2008
Current Valuation
$537M
as of 2022-Q2
PRIVATE
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.
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.
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.
Counted from Prove's live job board as of 2026-08-17; 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.