Proof Technology

Automates and streamlines legal process serving

Boulder, Colorado, United States

About Proof Technology

Proof specializes in automating the process serving sector within the legal services industry, which involves delivering legal documents to individuals involved in court cases. Their web-based application allows law firms and legal departments to upload documents, track the progress of deliveries, and receive notifications upon successful service. This system replaces traditional process servers with a more efficient and reliable automated solution, enhancing transparency and accountability in legal proceedings. Unlike competitors, Proof's focus on technology-driven solutions streamlines the process serving experience, making it easier for clients to manage their needs. The company's goal is to transform the legal services industry by providing a dependable and efficient process serving platform, generating revenue through a subscription model and transaction fees.

Boulder, ColoradoHeadquarters
2017Year Founded
$39.5MTotal Funding
SERIES_BCompany Stage
Consulting, LegalIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Disability Insurance
401(k) Retirement Plan
Phone/Internet Stipend
Flexible Work Hours

Risks

Emerging legal tech startups may increase competition in process serving solutions.
Over-reliance on large clients could pose financial risks if they switch providers.
Data privacy concerns may raise operational costs and complexity.

Differentiation

Proof offers real-time updates and mapped verification for process serving.
The platform provides a comprehensive suite of legal support services, including eFiling and notarization.
Proof's web-based application ensures transparency and accountability in legal processes.

Upsides

Recent $30.4M Series B funding supports platform enhancements and market expansion.
Integration with AI tools can improve document processing speed and accuracy.
Rising demand for digital legal services boosts relevance of Proof's web-based application.

Funding

Total raised$39.54 M
Latest valuation$152.00 M
StageSERIES_B
EARLY VC
11/30/2022
$3
$16.25 M