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Valuation · 2017

$5M

2023 Revenue

$385K(Est.)

Funding

$275K

Team

2

Founded

2015

24 Proof Revenue, Valuation & Funding (2023)

24 Proof generated an estimated $385K in annual revenue in 2023. Source: GetLatka estimate

Patent-pending technology to allow for proof of concept prototyping via a networked hackathon. Adding PaaS shortly with more features.

Last updated

24 Proof Revenue

In 2023, 24 Proof's revenue reached $385K. The company previously reported $196K in 2017.

24 Proof Revenue GrowthReported revenue / ARR over time · latest figure estimated$0$100K$200K$300K$400K$500K201520162017201820192020202120222023$0$196K$385KSource: GetLatka.com
YearMilestoneSource
202324 Proof Hit $385k revenue in December 2023Estimated
201724 Proof Hit $196k revenue in March 2017Not recorded
2015Launched with $0 revenue

24 Proof Valuation, Funding Rounds

24 Proof reached a $5M valuation in 2017, set during its Angel round.

24 Proof has raised $275K in total funding across 2 rounds, most recently a $250K Angel round in 2017.

24 Proof Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$1.3M$60K$2.5M$120K$3.8M$180K$5M$240K$6.3M$300K201520162017$5MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2017Angel$250K$5M5%Not recorded
2015Angel$25K--Not recorded

Founder / CEO

Gene Scheck

CEO

I am a very passionate, understanding, and always learning leader that enjoys coding or discussing architecture every day. I stay true to the ways I have learned from childhood; I surround myself with people that continually impress me and keep me hum

24 Proof Employees & Team Size

24 Proof employs approximately 2 people as of 2026.

24 Proof Team GrowthReported headcount over time011223201520162017201820192020202120222023002222Source: GetLatka.com
YearMilestoneSource
2023Reached 2 employees (December 2023)Not recorded
2017Reached 2 employees (March 2017)Not recorded

Frequently Asked Questions about 24 Proof

What is 24 Proof's revenue?

As of 2023, 24 Proof generated an estimated $385K in annual revenue.

What is 24 Proof's valuation?

As of 2017, 24 Proof was valued at $5M.

Who founded 24 Proof?

24 Proof was founded by Gene Scheck.

When was 24 Proof founded?

24 Proof was founded in 2015.

Who is the CEO of 24 Proof?

The CEO of 24 Proof is Gene Scheck.

How much funding does 24 Proof have?

24 Proof raised $275K across 2 rounds.

How many employees does 24 Proof have?

As of 2023, 24 Proof had 2 employees.

Where is 24 Proof headquartered?

24 Proof is headquartered in Lehi, Utah, United States.

Compare 24 Proof to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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