PROOF

PROOF is a growth-stage venture capital firm based in Reston, Virginia, established in 2020. The firm specializes in investing in breakout companies, often in collaboration with select early-stage venture capital funds. This unique approach allows PROOF to identify and support high-potential businesses that have already demonstrated significant traction and market validation through their initial seed or Series A funding. Their strategy centers on providing crucial growth capital to companies poised for substantial expansion and market leadership.

In 2020, PROOF successfully closed its inaugural fund, PROOF Growth Fund I, securing $150 million in capital commitments. This substantial fund enables the firm to deploy significant capital into its portfolio companies. PROOF's investment thesis revolves around identifying companies with proven product-market fit and strong growth trajectories, acting as a strategic partner to help scale these businesses to their next stage of development. They typically participate in later-stage rounds, providing the necessary financial impetus for companies to accelerate their operations, expand into new markets, or develop new product lines.

PROOF typically invests between $5 million and $20 million in each company, providing substantial growth capital. Their portfolio boasts an impressive roster of highly successful and well-recognized technology companies, including industry leaders such as Vercel, Snyk, Dataiku, Gong, Figma, Notion, Plaid, Stripe, and Brex. These investments underscore PROOF's focus on backing companies that have achieved considerable scale and are on a path to becoming market dominators. The firm's collaborative model, working alongside earlier-stage investors, positions them to capitalize on proven opportunities and contribute to the continued success of innovative ventures.