Proov Funding Rounds,Valuation and Investors
Proov Funding History
Proov has raised a total of $21M over the last 8 years Raising this capital resulted in dilution for Toby Olshanetsky despite non-dilutive funding options like Founderpath. With $21M money raised, Proov would have to sell for $210M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $21M assuming no crazy liquidation preferences.
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2017 Series B
Proov raised a Series B of $14M
2016 Series A
Proov raised a Series A of $7M