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Valuation

$27.1M

2025 Revenue

$9M

Funding

$0

Team

82

Founded

2004

How Proof IT grew Proof IT to $9M revenue with a 82 person team in 2025.

At Proof IT, we're not just a software development company with over 20 years of experience. We're a team of passionate innovators driven to create cutting-edge insurance products that help our clients excel in their industries. This passion for innovation has fueled our journey from a small startup launched by two ambitious Latvian founders to a thriving team of 100 talented software engineers. At Proof IT, we specialize in offering advanced insurance products and services. Our standout solutions, like **ClaimAI**, streamline the claims process, making it faster and more accurate while reducing risks. Another critical offering, **Proof Ai CS**, utilizes artificial intelligence to enhance customer support, ensuring smooth and efficient interactions. At Proof IT, we're committed to creating high-quality, durable, and cost-effective software solutions. Our deep industry knowledge and consulting services are designed to help insurance companies navigate new market challenges and modernize their systems, ensuring they receive the best value for their investment and stay competitive and successful. Proof IT is about building solid and long-lasting partnerships based on trust and mutual success. We invite you to join us on this exciting journey as we continue to innovate and shape the insurance industry's future. Let's work together to create solutions that elevate your business and positively impact society.

Last updated

Proof IT Revenue

In 2025, Proof IT's revenue reached $9M. Since its launch in 2004, Proof IT has shown consistent revenue growth.

Proof IT Revenue GrowthReported revenue / ARR by year$0$2M$4M$6M$8M$10M200420062008201020122014201620182020202220242025$0$9MSource: GetLatka.com
YearMilestone
2025Proof IT Hit $9m revenue in December 2025
2004Launched with $0 revenue

Proof IT Valuation, Funding Rounds

Proof IT's most recent disclosed valuation is $27.1M.

Proof IT is a bootstrapped Insurance Suites Software startup. Founded in 2004, Proof IT has grown to $9M in revenue without raising any venture capital or outside funding.

As a self-funded Insurance Suites Software SaaS company, Proof IT has built its business with no outside investment.

Proof IT Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120042004 cumulative: $0 • 2004 Founded: $02004 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Proof IT Employees & Team Size

Proof IT employs approximately 82 people as of 2026.

Proof IT has 82 total employees in different roles and functions.

Proof IT Team GrowthReported headcount over time020406080100200420062008201020122014201620182020202220242025008282Source: GetLatka.com
YearMilestone
2025Reached 82 employees (December 2025)

Customers

We do not have customer count information for Proof IT yet.

Frequently Asked Questions about Proof IT

What is Proof IT's revenue?

Proof IT generates $9M in revenue.

How much funding does Proof IT have?

Proof IT raised $0.

How many employees does Proof IT have?

Proof IT has 82 employees.

Where is Proof IT headquarters?

Proof IT is headquartered in Riga, Riga, Latvia.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .