# Proov funding: rounds and investors

> Proov has raised $14M across 3 rounds since 2017. Investors include National Science Foundation, Mangrove Capital Partners and Portfolia.

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

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

# Who invested in *Proov*

3 rounds we have observed, with the 6 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.

Biotech

Funding summary Updated 26 Oct 2026

**$14M** raised across 3 rounds since 2017, from 3 sources

**$14M** Series B **$250K** Grant

- **Latest round:** Grant, $250K May 2024
- **Biggest round:** $14M Series B · Aug 2017
- **Investors:** 6

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.

2018 2019 2020 2021 2022 2023 2024

**$14M** Series B

**?** Venture

**$250K** Grant

- **First round:** Series B, $14M
- **Biggest round:** $14M
- **Usual gap between rounds:** 5.5 years

## The rounds

- **May 2024** Grant **$250K** *2 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Portfolia](https://millionrounds.com/fund/portfolia) Source recorded
- **Nov 2018** Venture **Amount undisclosed** *2 new* [Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) OurCrowd Source recorded
- **Aug 2017** Series B **$14M** *2 new* [Helios Capital](https://millionrounds.com/fund/helios-capital) Mangrove Capital Partners/ OurCrowd Cerca Reported by FinSMEs

## 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.

**Series B** 2017 **Venture** 2018 **Grant** 2024 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) [Portfolia](https://millionrounds.com/fund/portfolia) [Helios Capital](https://millionrounds.com/fund/helios-capital) Mangrove Capital Partners/ OurCrowd Cerca OurCrowd

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Mangrove Capital Partners](https://millionrounds.com/fund/mangrove-capital-partners) VC firm **1** round

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

[Helios Capital](https://millionrounds.com/fund/helios-capital) Family office **1** round

Mangrove Capital Partners/ OurCrowd Cerca no record of our own yet **1** round

OurCrowd 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=proov).

## Also claim to have backed them

This firm lists Proov as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Next Act Fund](https://millionrounds.com/fund/next-act-fund-llc) Angel network Per its own site

## Quick answers about Proov

### Who invested in Proov?

Proov's investors include National Science Foundation, Mangrove Capital Partners, Portfolia, Helios Capital and Mangrove Capital Partners/ OurCrowd Cerca, and 1 more on record.

### How much has Proov raised?

Proov has raised $14M across 3 rounds since 2017. One round did not disclose an amount, so the total is a floor.

### When did Proov last raise?

Proov's most recent round was a Grant of $250K in May 2024.

### What was Proov's biggest round?

Proov's largest round on record is $14M (Series B), in Aug 2017.

### Who backed Proov first?

Proov's first round on record, in Aug 2017, was backed by Helios Capital and Mangrove Capital Partners/ OurCrowd Cerca.

### What stage is Proov at?

Proov's latest named round is a Grant, in May 2024.

### Where is Proov based?

Proov is based in the United States.

## Companies like Proov

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

[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**Promaxo** $106M · Oct 2026](https://millionrounds.com/company/promaxo)[**Prolific Machines** $105M · Oct 2026](https://millionrounds.com/company/prolific-machines)[**IMIO** $19M · Oct 2026](https://millionrounds.com/company/imio)[**Clinical Ink** $24M · Oct 2026](https://millionrounds.com/company/clinical-ink)[**Rejuvenate Bio** $13M · Oct 2026](https://millionrounds.com/company/rejuvenate-bio)

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