PROOF
PROOF is a Series C+ fund in the US and Global writing $2M–$50M checks into AI, Enterprise, Fintech, Healthcare, Security, gaming-content and foodtech.
- Stages
- Series C+
- Sectors
- AI, Enterprise, Fintech, Healthcare, Security, gaming-content, foodtech
- Check size
- $2M–$50M
- Invests in
- US-wide, Global
- Actively investing
- Yes
- Founded
- 2015
- Assets under management
- $700M+
- Website
- proof.vc
Thesis
PROOF is a growth-stage venture capital firm founded in 2015, focusing on investing in hypergrowth, breakout companies ready for expansion. Their strategy centers on capitalizing on the success of proven companies by exercising pro-rata rights and seeking co-investment opportunities, effectively 'investing in winners.' They are industry-agnostic, covering sectors like AI, fintech, healthtech, gaming, cybersecurity, foodtech, enterprise software, and digital health. While they invest in expansion-stage companies, their core is on 'hypergrowth' and 'category leaders.' PROOF primarily focuses on the United States but maintains a global outlook. They engage in both lead and follow investments, emphasizing partnerships with leading early-stage investors. The firm manages over $700 million in AUM, with their latest fund, Proof Fund III, closing at $135 million. Typical check sizes range from $2 million to $50 million for Series B and later rounds, reflecting their focus on later-stage investments.
Common questions
Does PROOF invest at the Series C+ stage?
Yes. PROOF lists Series C+ among the stages it invests in.
What check size does PROOF write?
PROOF writes $2M–$50M checks.
Where does PROOF invest?
PROOF invests in the US and Global.