# Proof funding: rounds and investors

> Proof has raised $68M across 3 rounds since 2017. Investors include Andreessen Horowitz, SV Angel and Polaris Partners. Every round with its source.

Source: https://millionrounds.com/company/proof (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Proof*

3 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Advertising & Adtech Legaltech Martech

Raised 12 months ago

Funding summary Updated 26 Oct 2026

**$68M** raised across 3 rounds since 2017, from 3 sources

**$2.0M** Seed **$50M** Series A **$16M** Venture

- **Latest round:** Venture, $16M Nov 2025
- **Biggest round:** $50M Series A · Aug 2022
- **Investors:** 13

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2017 2019 2021 2023 2025

**$2.0M** Seed

**$50M** Series A

**$16M** Venture

- **First round:** Seed, $2.0M
- **Biggest round:** $50M
- **Usual gap between rounds:** 5.5 years

## The rounds

- **Nov 2025** Venture **$16M** *6 new* [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [NAP](https://millionrounds.com/fund/nap) [Fifth Wall](https://millionrounds.com/fund/fifth-wall) [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [Moderne Ventures](https://millionrounds.com/fund/moderne-ventures) [Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) Source recorded SEC filing: $20M sold, first sale Aug 2025
- **Aug 2022** Series A **$50M** *4 new* [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [SV Angel](https://millionrounds.com/fund/sv-angel) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Seven Seven Six](https://millionrounds.com/fund/seven-seven-six) Source recorded
- **Jan 2017** Seed **$2.0M** *3 new* High West Venture Partners The Scibetta Fund Vaulting Ventures Reported by FinSMEs

## Founders and team

From Proof's own website: 1 founder, 7 on the team.

**John Backus** Co-Founder

- **Maggie Varona** Chief Financial Officer
- **Bryan Ciambella** General Partner
- **Ha Dao** Associate
- **Jennifer Schretter** General Partner - Secondaries
- **Melanie Ness** Controller
- **Michael Zarlenga** General Counsel
- **Prince Khaled Bin Alwaleed** General Partner - International

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2017 **Series A** 2022 **Venture** 2025 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [SV Angel](https://millionrounds.com/fund/sv-angel) [Polaris Partners](https://millionrounds.com/fund/polaris-partners) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [NAP](https://millionrounds.com/fund/nap) [Fifth Wall](https://millionrounds.com/fund/fifth-wall) [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [Seven Seven Six](https://millionrounds.com/fund/seven-seven-six) [Moderne Ventures](https://millionrounds.com/fund/moderne-ventures) [Canapi Ventures](https://millionrounds.com/fund/canapi-ventures)

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Polaris Partners](https://millionrounds.com/fund/polaris-partners) VC firm **1** round

[True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **1** round

[NAP](https://millionrounds.com/fund/nap) VC firm **1** round

[Fifth Wall](https://millionrounds.com/fund/fifth-wall) VC firm **1** round

[Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate VC **1** round

[Seven Seven Six](https://millionrounds.com/fund/seven-seven-six) VC firm **1** round

[Moderne Ventures](https://millionrounds.com/fund/moderne-ventures) VC firm **1** round

[Canapi Ventures](https://millionrounds.com/fund/canapi-ventures) VC firm **1** round

High West Venture Partners no record of our own yet **1** round

The Scibetta Fund no record of our own yet **1** round

Vaulting Ventures no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=proof).

## Also claim to have backed them

These 11 firms list Proof as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Ludlow Ventures](https://millionrounds.com/fund/ludlow-ventures) VC firm Per its own site

[Rakuten Capital](https://millionrounds.com/fund/rakuten-capital) Corporate VC Per its own site

[Curql](https://millionrounds.com/fund/curql) VC firm Per its own site

[Camber Creek](https://millionrounds.com/fund/camber-creek) VC firm Per its own site

[K Street Capital](https://millionrounds.com/fund/k-street-capital) VC firm Per its own site

[1st & Main Growth Partners](https://millionrounds.com/fund/1st-and-main-growth-partners) Private equity Per its own site

[Collab+Currency](https://millionrounds.com/fund/collab-currency) VC firm Per its own site

[Pat Kinsel](https://millionrounds.com/fund/pat-kinsel) Angel Per its own site

[Dancap Family Investment Office](https://millionrounds.com/fund/dancap-family-investment-office) Family office Per its own site

[Oxford Angel Fund](https://millionrounds.com/fund/oxford-angel-fund) VC firm Per its own site

[Oxonian Ventures](https://millionrounds.com/fund/oxonian-ventures) VC firm Per its own site

## Quick answers about Proof

### Who invested in Proof?

Proof's investors include Andreessen Horowitz, SV Angel, Polaris Partners, True Ventures and NAP, and 8 more on record.

### How much has Proof raised?

Proof has raised $68M across 3 rounds since 2017.

### When did Proof last raise?

Proof's most recent round was a Venture of $16M in Nov 2025.

### What was Proof's biggest round?

Proof's largest round on record is $50M (Series A), in Aug 2022.

### Who backed Proof first?

Proof's first round on record, in Jan 2017, was backed by High West Venture Partners, The Scibetta Fund and Vaulting Ventures.

### What stage is Proof at?

Proof's latest named round is a Venture, in Nov 2025.

### Where is Proof based?

Proof is based in the United States.

## Companies like Proof

In the same sector, and raised in the last eighteen months.

[**Kevel** $75M · Oct 2026](https://millionrounds.com/company/kevel)[**Longeye** $25M · Oct 2026](https://millionrounds.com/company/longeye)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Different** $48M · Oct 2026](https://millionrounds.com/company/different)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)

## Find investors like these

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