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Prove AI - About the company

Prove AI is a series B company based in Zug (Switzerland), founded in 2018 by Mrinal Manohar. It operates as a Provider of AI governance and compliance platform. Prove AI has raised $61.1M in funding from investors like Digital Strategies, Terren Peizer and Draper Goren Holm. The company has 50 active competitors, including 20 funded and 2 that have exited. Its top competitors include companies like Credo, ModelOp and Vijil.

Company Details

Provider of AI governance and compliance platform. This platform centralizes and manages AI models, ensuring strict oversight of data access and usage. Built on distributed ledger technology, it provides tamper-proof oversight, enabling organizations to establish and enforce risk mitigation guardrails and optimize AI performance. The platform enhances transparency, trust, and accountability in AI development and deployment, facilitating compliance with evolving regulations. It offers features for AI lifecycle management, centralized operations, and risk mitigation, creating an auditable record of AI data. The platform is designed to be adaptable to various organizational needs and use cases.
Social
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Key Metrics
Founded Year
2018
Location
Stage
Series B
Total Funding
$61.1M in 5 rounds
Latest Funding Round
Ranked
Employee Count
60 as on Feb 28, 2026
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Prove AI's funding and investors

Prove AI has raised a total funding of $61.1M over 5 rounds. Its first funding round was on Jan 16, 2019. Its latest funding round was a Series B round on Oct 21, 2020 for $*****. 3 investors participated in its latest round. Prove AI has 42 institutional investors.

Here is the list of recent funding rounds of Prove AI:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 21, 2020
5893013
Series B
8562120
8432177
4575144
9642849
Jul 27, 2020
1491698
Series B
9380285
5332775
9422058
9596090
May 28, 2020
3499736
Series A
6178746
8938116
7812521
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Prove AI's founders and board of directors

Founder? Claim Profile
The founders of Prove AI is Mrinal Manohar. Mrinal Manohar is the CEO of Prove AI.
Here are the details of Prove AI's key team members:

Prove AI's employee count trend

Prove AI has 60 employees as of Feb 26. Here is Prove AI's employee count trend over the years:
Employee count trend for Prove AI
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Prove AI's Competitors and alternates

Top competitors of Prove AI include Credo, ModelOp and Vijil. Here is the list of Top 10 competitors of Prove AI, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Credo
Credo
2020, Palo Alto (United States), Series B
AI governance platform and advisory services
$41.3M
63/100
2nd
Logo for Prove AI
Prove AI
2018, Zug (Switzerland), Series B
Provider of AI governance and compliance platform
$61.1M
63/100
3rd
Logo for ModelOp
ModelOp
2016, Chicago (United States), Series B
Platform offering machine learning model deployment and management
$16M
60/100
4th
Logo for Vijil
Vijil
2023, Santa Clara (United States), Series A
Cloud-based platform offering tools to evaluate AI agents
$23M
60/100
5th
Logo for Patronus
Patronus
2023, New York City (United States), Series A
Automated evaluation and security platform
$40.1M
59/100
6th
Logo for Superwise
Superwise
2017, Nashville (United States), Acquired
Developer of a platform for AI governance and operations management
$4.5M
59/100
7th
Logo for Armilla AI
Armilla AI
2020, Toronto (Canada), Seed
Provider of insurance and risk management solutions for artificial intelligence
$6.37M
57/100
8th
Logo for Holistic AI
Holistic AI
2020, London (United Kingdom), Funding Raised
AI-based legal risk management solutions for enterprises
-
56/100
9th
Logo for Modulos
Modulos
2018, Zurich (Switzerland), Seed
Provider of an AI governance platform for risk management and compliance
$10.9M
-
53/100
10th
Logo for Hirundo
Hirundo
2023, London (United Kingdom), Seed
Platform offering tools to unlearn unwanted data and behaviors in AI models
$8M
52/100
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Prove AI's Investments and acquisitions

Prove AI has made no investments or acquisitions yet.

Reports related to Prove AI

Here is the latest report on Prove AI's sector:

News related to Prove AI

Media has covered Prove AI for a total of 2 events in the last 1 year, 1 of them has been about company updates and 1 about people movement.
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