How Much Did Proov Raise?
Funding & Key Investors

Proov has successfully secured a major strategic investment, marking a pivotal milestone in its corporate evolution. With a cumulative capital infusion reaching $9.7M, the company is well-positioned to accelerate its mission within the reproductive health sector. The most recent financing round, totaling $9.7M, underscores strong market confidence in the firm's proprietary diagnostic technology and its potential to disrupt the home-based hormone monitoring landscape.

What is Proov?

Proov
ManufacturingMedical Devices & Equipment

Proov operates at the intersection of biotechnology and consumer health, providing accessible, at-home diagnostic tools designed to empower women through every stage of their reproductive journey. Founded by Dr. Amy Beckley, the company addresses critical gaps in fertility tracking, specifically targeting luteal phase defects and ovulation quality. By translating complex clinical science into user-friendly, actionable data, Proov has established itself as a leader in the burgeoning FemTech industry. The company's market position is defined by its commitment to clinical rigor, enabling users to gain deeper insights into their hormonal health without the immediate necessity of invasive clinical interventions. This approach not only democratizes access to reproductive health information but also fosters a more proactive, data-driven model for personal wellness management.

How much funding has Proov raised?

Proov has raised a total of $9.7M across 1 funding round:

2021

Series A

$9.7M

Series A (2021): $9.7M with participation from Portfolia FemTech II Fund, SteelSky Ventures, WCC Partners, Hambrecht Ducera Growth Ventures, Lightship Capital, and Gingerbread Capital

Key Investors in Proov

SteelSky Ventures

SteelSky Ventures is a visionary venture fund focused on investing in companies that enhance access, care, and outcomes in women's health, supporting innovations across consumer and digital health.

Lightship Capital

Lightship Capital invests in remarkable founders and entrepreneurs who innovate in U.S. regions, focusing on developing talent and catalyzing emerging ecosystems while believing that impact and profit can coexist.

Gingerbread Capital

Gingerbread Capital is dedicated to closing the funding gap for women-led ventures at early and growth stages, investing in exceptional founders across healthcare, consumer products, and education.

What's next for Proov?

Following this major enterprise-level funding, Proov is poised to scale its operational infrastructure and expand its product ecosystem. The strategic allocation of capital will likely focus on enhancing the company's digital health platform, integrating advanced analytics to provide more personalized health recommendations, and broadening its reach into underserved demographics. As the FemTech sector continues to mature, Proov's focus on evidence-based diagnostics provides a robust foundation for long-term growth. The company is expected to leverage these resources to strengthen its supply chain, invest in further clinical validation studies, and solidify its brand presence as a primary resource for women seeking to navigate their reproductive health with precision and autonomy. By maintaining its focus on high-impact, consumer-centric innovation, Proov is well-equipped to navigate the complexities of the healthcare market while delivering sustained value to its stakeholders.

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Frequently Asked Questions Regarding Proov Financial Insights

What are the most recent funding rounds that Proov has completed, and what were the funding rounds?
Proov has recently completed 1 funding rounds: Series A on Dec 9, 2021.
What is the total amount of funding Proov has raised to date?
Proov has raised a total of $9.7M in funding to date.
How many funding rounds has Proov completed?
Proov has completed 1 funding rounds.
How much funding did Proov raise in its most recent funding round?
Proov raised $9.7M in its most recent funding round.
Who are the lead investors in Proov's latest funding round?
The lead investor in Proov's latest funding round was Portfolia FemTech II Fund. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Proov's history?
The largest funding round in Proov's history was $9.7M.
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