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Proven

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Developer of zero-knowledge proofs that enables exchanges, stablecoins, asset managers and custodians to safely and efficiently prove their solvency to customers, lenders, and regulators on a daily…

New York City, United StatesFounded 2022Fintech
Valuation $50–100M Last recorded · 2023
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Proven and the history behind them.

About Proven

Proven.tools emerges as a critical infrastructure provider for the digital asset economy, focusing on cryptographic proof systems for financial institutions. The company supplies tools that enable exchanges, prime brokers, stablecoins, and other market participants to verify their financial health cryptographically, thereby offering transparency and building trust with their clientele. The core of its product offering revolves around zero-knowledge technology, which ensures that sensitive company or customer data is not exposed during the verification process. This allows financial entities to prove solvency and other financial metrics without revealing underlying proprietary information. The system is designed for scalability, capable of serving hundreds of millions of customers, and is built on the principle of verifiable trust through cryptographic proofs.

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The business operates in the financial technology and cryptocurrency markets, serving a client base that requires high levels of security and proof of reserves. The platform's value proposition is centered on making provably secure financial services accessible to everyone. Key clients and backers include established names in the crypto and venture capital space, such as Framework, Naval Ravikant, and Balaji Srinivasan, indicating strong industry confidence. The team behind Proven.tools comprises engineers, traders, and writers with decades of collective experience in building mission-critical systems at prominent financial and technology firms like Jane Street, Two Sigma, Uber, and Blockstream. This collective expertise in quantitative trading, market anomalies, cryptography, and chip design informs the development of their products, which aim to translate the latest research into practical, scalable solutions.

The company's business model is likely oriented around providing these sophisticated cryptographic tools as a service to financial institutions, who in turn use them to provide assurances to their own customers. Revenue could be generated through licensing fees, subscription models, or usage-based pricing for accessing the verification platform. By addressing the fundamental issue of trust in the often-opaque digital asset market, Proven.tools positions itself as a key enabler of a more transparent and reliable financial ecosystem. The emphasis on zero-knowledge proofs is a significant selling point, as it solves the dual problem of needing to provide verification while maintaining the confidentiality of sensitive financial data.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2022
Headquarters
New York City, United States
Employees
2
Open positions
1
Dealroom signal
57.0/100
Industry
Security, Fintech
Sub-industry
Crypto and DeFi, Data protection, Regtech
Sector
Fintech, Cefi, Crypto Compliance, Crypto and Web3, Zero-Knowledge
Technology
Blockchain
Business model
SaaS
Client focus
b2b

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEED✓Equity / VC Mar 2023 $16M $63M Balaji Srinivasan · Framework Ventures · Ada Yeo · Roger Chen ↗
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Proven website traffic

Latest recorded traffic for Proven is 3.5K monthly website visits, up 169.2% over the last three months. Proven's team grew 0% over the past year.

Latest monthly visits3.5K 3-month web change+169.2% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Open positions

Openings linked to this company in Dealroom
1 distinct opening shownExplore hiring signals →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

4 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed4 investors entered at this stage

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Proven on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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