ProofID - About the company
ProofID is a series B company based in Manchester (United Kingdom), founded in 2008 by Tom Eggleston. It operates as a Provider of identity and access management solutions. ProofID has raised $22.4M in funding from Maven Capital Partners and BOOST&Co, with a current valuation of £*****. The company has 96 active competitors, including 20 funded and 21 that have exited. Its top competitors include companies like Auth0, SailPoint and RSA.
Company Details
Provider of identity and access management solutions. Products offered by the company are ProofID IGA Identity Governance and Administration, ProofID Dashboard, and ProofID ConfigMigrator. ProofID IGA is an Identity Governance and Administration platform which automates the identity lifecycle for all types of users. It helps organizations to ensure that all of their users have the right access to applications and data. Features include role based access control, date based identity events, lifecycle management, the source of authentication, delegated administration and standards based provisioning. It can be used to provide simple user access for creating seamless identity lifecycle and strength authorization process. The company also offers IAM managed services. Technology partners include SailPoint, Microsoft, NetIQ, and Okta. Clientele includes Kingston University London, ThreatMetrix, Heriot Watt University, and Unversity of Hull.
- Website
- proofid.com
- Social
- Email ID
- *****@proofid.com
- Phone Number
- +44 **********
- Registered Address
- Lancastrain Office Centre, Tolbot Road, Manchester
Key Metrics
Founded Year
2008
Location
Manchester, United Kingdom
Stage
Series B
Total Funding
$22.4M in 2 rounds
Latest Funding Round
Post Money Valuation
£***** as on Apr 01, 2022
Investors
Ranked
23rd among 96 active competitors
Employee Count
109 as on May 31, 2026
Investment & Acquisitions
Legal entities associated with ProofID
ProofID is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PROOFID LIMITED CIN: 6711962 , Germany, Active | Sep 30, 2008 | - | 5 (As on Sep 30, 2020) | |
PIDHC LIMITED CIN: 9275908 , Germany, Active | - | - |
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ProofID's funding and investors
ProofID has raised a total funding of $22.4M over 2 rounds. Its first funding round was on Feb 25, 2019. Its latest funding round was a Series B round on May 11, 2022 for $*****. 1 investor participated in its latest round. ProofID has 3 institutional investors and 31 angel investors.
Here is the list of recent funding rounds of ProofID:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 11, 2022 | 3364406 | Series B | 1375446 | 7050772 | 2802273 | 8540073 |
Feb 25, 2019 | 3323335 | Series A | 2163632 | 6590727 | 8085167 |
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ProofID's founders and board of directors
Founder? Claim ProfileThe founders of ProofID is Tom Eggleston. Tom Eggleston is the CEO of ProofID.
Here are the details of ProofID's key team members:
- Tom Eggleston: Founder & CEO of ProofID.
View details of ProofID's Founder profiles and Board Members
ProofID's employee count trend
ProofID has 109 employees as of May 26. Here is ProofID's employee count trend over the years:
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ProofID's Competitors and alternates
Top competitors of ProofID include Auth0, SailPoint and RSA. Here is the list of Top 10 competitors of ProofID, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Auth0 2013, Bellevue (United States), Acquired | Provider of identity management services for workforce and customer identities | $333M | 79/100 | |
2nd | SailPoint 2005, Austin (United States), Public | Provider of identity security solutions for modern enterprise risk management | $26.6M | 75/100 | |
3rd |  RSA 1982, Bedford (United States), Acquired | Provider of identity and access management solutions for diverse environments | $7.25M | 75/100 | |
4th | SecureAuth 2005, Irvine (United States), Acquired | Platform that features in customer identity and access management solutions | $43.6M | 69/100 | |
5th |  Saviynt 2010, El Segundo (United States), Series B | Provider of AI-based identity security and access management platform solutions | $870M | 68/100 | |
6th |  ConductorOne 2020, San Francisco (United States), Series B | Provider of agentic identity governance platform | $111M | 65/100 | |
7th | Cloud based identity security platform | $100M | 62/100 | ||
8th | Identity and access management resilience platform | $5M | 60/100 | ||
9th | Provider of enterprise architecture solutions for business transformation and IT alignment | $120M | 59/100 | ||
10th | Provider of identity governance and administration solutions | - | 56/100 | ||
23rd |  ProofID 2008, Manchester (United Kingdom), Series B | Provider of identity and access management solutions | $22.4M | 42/100 |
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ProofID's Investments and acquisitions
ProofID has acquired Regatta. ProofID has not made any investments as of now.News related to ProofID
Filter this list•
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ProofID and Midships Elevate Ping Identity Services WorldwideDevdiscourse•Nov 08, 2024•Midships, ProofID
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ProofID wins Judges' Award for Global Ambition at the 2024 Northern Tech AwardsPR Newswire•May 10, 2024•ProofID
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Manchester's ProofID acquires Regatta, boosting identity and access managementTech.eu•Sep 28, 2023•ProofID, Regatta
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ProofID completes transatlantic acquisition of Regatta Solutions GroupBusiness Leader•Sep 26, 2023•ProofID, Regatta
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ID specialist sees 36% jump in annual revenues as global markets growTheBusinessDesk.com•Dec 15, 2022•ProofID
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‘Milestone’ investment for identity security specialistsTheBusinessDesk.com•May 11, 2022•ProofID, Maven Capital Partners
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Ping Identity and ProofID parter on Tesco projectPlanet Biometrics•May 18, 2021•ProofID, Ping Identity
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