Founding Sales Engineer
ProveSalary not specified
- Full Time
- Junior (1 to 2 years)
About Prove
Prove specializes in identity verification and authentication services, primarily serving clients in the financial sector. Its solutions are designed to secure transactions across various platforms, including mobile, desktop, call centers, and chat services. Prove's products work by utilizing a privacy-first approach that incorporates decentralized data architecture and identity tokenization, ensuring that user consent is prioritized and data aggregation is minimized. This focus on security and privacy sets Prove apart from its competitors, as it has built a reputation as a trusted partner for major financial institutions. The company's goal is to provide scalable and effective authentication solutions that enhance security for over 1,000 enterprise customers and 500 banks globally, while also maintaining a commitment to user privacy.
New York City, New YorkHeadquarters
2008Year Founded
$245.2MTotal Funding
LATE_VCCompany Stage
Fintech, Cybersecurity, Financial ServicesIndustries
1-10Employees
Benefits
Dental, Vision, Health, & Life Insurance
Well-Being Reimbursement
401K / Retirement Plan
PTO / Vacation Policy
Paid Holidays
Maternity / Paternity Leave
Risks
Generative AI intensifies threats like scraping and fraud, challenging Prove's API solutions.
Deepfake technology threatens trust in Prove's phone-based authentication methods.
EU's eIDAS 2.0 regulation may increase Prove's operational costs to meet compliance.
Differentiation
Prove specializes in phone-centric identity verification, enhancing security and consumer privacy.
Prove's decentralized data architecture limits data aggregation, emphasizing a privacy-first approach.
Prove serves 9 of the top 10 US financial institutions, showcasing its industry leadership.
Upsides
Prove's self-service platform simplifies identity verification, improving customer experience and reducing fraud.
The rise of digital wallets increases demand for Prove's secure digital identity solutions.
Prove's expertise in phone-based authentication addresses the growing threat of business identity theft.
Funding
Total raised$245.22 M
Latest valuation$1.00 B
StageLATE_VC
SERIES F
1/31/2018$23
$115.00 MDEBT
9/30/2015$6
EARLY VC
9/30/2013$10
$50.00 MSERIES D
3/31/2011$19
$95.00 MSERIES B
7/31/2010$11
$55.00 MSERIES A
5/31/2008$2
$8.00 M