What is PROOF?
PROOF operates at the intersection of social networking and digital art, providing a specialized platform designed to facilitate community engagement among high-end collectors and creators. By leveraging blockchain-integrated social features, the company has carved out a distinct market position that prioritizes provenance, community-driven curation, and digital identity. As the digital art market matures, PROOF serves as a critical infrastructure provider, enabling seamless interaction and value discovery for its user base. The platform's architecture is specifically engineered to support the unique needs of digital art enthusiasts, moving beyond traditional social media paradigms to offer a more robust, collector-centric experience that emphasizes long-term value and community cohesion.
How much funding has PROOF raised?
PROOF has raised a total of $20M across 1 funding round:
Series A
$20M
Series A (2022): $20M with participation from Collab+Currency, Andreessen Horowitz, Flamingo DAO, True Ventures, Seven Seven Six, SV Angel, and Vayner Fund
Key Investors in PROOF
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies.
True Ventures
True Ventures is a founder first venture capital firm that partners with creative teams at the earliest stages, providing capital, guidance and a strong community.
Seven Seven Six
Seven Seven Six is an early-stage venture capital firm that focuses on innovation at the crossroads of product and people, utilizing proprietary systems to enhance team scalability.
What's next for PROOF?
With the infusion of this major enterprise-level funding, PROOF is poised to scale its operations and enhance its technological infrastructure. The strategic roadmap likely involves deepening its social media capabilities, potentially integrating more sophisticated analytical tools for collectors, and expanding its reach within the broader digital asset market. By aligning with high-profile venture capital partners, the company is not only securing the necessary liquidity to fuel its growth but also gaining access to a wealth of operational expertise and industry networks. Future initiatives will likely focus on user acquisition, platform stability, and the development of new features that solidify its status as a premier destination for digital art enthusiasts and professional collectors alike.
See full PROOF company page
