How Much Did Proov Raise?
Funding & Key Investors

Proov, a company focused on at-home hormone tracking for women's health, has secured significant enterprise-level funding, with its total capital raised standing at $9.7M. The company recently announced a major strategic investment of $9.7M, underscoring its growth trajectory and market potential in the burgeoning femtech sector. This latest financing round is expected to fuel further innovation and expansion for Proov's diagnostic solutions.

What is Proov?

Proov
ManufacturingMedical Devices & Equipment

Proov was co-founded by Dr. Amy Beckley, an infertility veteran and PhD Scientist, and Ellen Schell. The company is dedicated to empowering women by providing quick and easy at-home hormone tracking. Dr. Beckley's personal journey through infertility and miscarriages inspired the development of Proov's technology, which aims to help women understand and manage their ovulation quality. Proov's offerings are designed to provide accessible and actionable insights into women's reproductive health, addressing a critical need in the market.

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, Hambrecht Ducera Growth Ventures, Lightship Capital, WCC Partners, and Gingerbread Capital

Key Investors in Proov

SteelSky Ventures

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

Lightship Capital

Lightship Capital invests in 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, as well as supporting emerging funds led by women and diverse teams.

What's next for Proov?

With the recent infusion of major strategic capital, Proov is poised for significant expansion and product development. The company's focus on empowering women through accessible hormone tracking aligns with the growing demand for personalized health solutions. This investment will likely enable Proov to enhance its existing product line, explore new diagnostic capabilities, and broaden its market reach. The strategic backing from prominent investors suggests a strong belief in Proov's mission and its potential to disrupt the women's health landscape, positioning the company for sustained growth and impact.

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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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