Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 1/5

Olshanetsky: Proov Has Raised $21.1 Million in Total Venture Funding

Toby Olshanetsky · 907 SaaS: How Proov Was Able to Raise $21m Pre Revenue · Jan 17, 2018 · at 6:08

Toby Olshanetsky, CEO of Proov, confirms the total amount of capital raised across the company's Seed, Series A, and Series B rounds.

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“21.1.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Toby Olshanetsky

Assertion Not checkable as stated
Olshanetsky: Proov has between 10 and 100 paying enterprise customers
“Tens of enterprises. Tens of enterprises. It's more than a 10.”
Toby Olshanetsky Jan 17, 2018 ▶ 8:27 907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
Disclosure
Proov Raised $21M Pre-Revenue by Having Investors Interview Free Users
“And our investors, when they did the due diligence, they want to speak with customers and we gave them a very big customer list and they spoke with them and they understood how, you know, all the pains that we are solving them and how much money we are saving …”
Toby Olshanetsky Jan 17, 2018 ▶ 14:35 907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
Assertion Not checkable as stated
Olshanetsky: Proov Charges Enterprises Tens to Hundreds of Thousands Annually
“The enterprises are paying us between 10,010 of thousands of US dollars up to hundreds of thousands of US dollars.”
Toby Olshanetsky Jan 17, 2018 ▶ 1:44 907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
Assertion Not checkable as stated
Olshanetsky: Proov Average Annual Contract Value Is $95,000
“95.”
Toby Olshanetsky Jan 17, 2018 ▶ 2:10 907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
Assertion Not checkable as stated
Olshanetsky: Proov hosts 125 enterprises and rejected two-thirds of 3,500 startup applicants
“We have a 125 enterprises on the platform, and again, it's a growing on a daily basis. We have a thousand and something, thousand and chain startups out of 3500 startups that requested to apply to prove. So you can see that almost two third of the vendors that…”
Toby Olshanetsky Jan 17, 2018 ▶ 7:06 907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
Disclosure
Proov Launched Paid Monetization for the First Time in January 2018
“We just actually, you know, congratulations to us. We just opened the monetization this month.”
Toby Olshanetsky Jan 17, 2018 ▶ 7:49 907 SaaS: How Proov Was Able to Raise $21m Pre Revenue
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