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.
- Website
- proveai.com
Key Metrics
Founded Year
2018
Location
Zug, Switzerland
Stage
Series B
Total Funding
$61.1M in 5 rounds
Latest Funding Round
Investors
Ranked
2nd among 50 active competitors
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:
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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 |
View details of Prove AI's funding rounds and investors
Prove AI's founders and board of directors
Founder? Claim ProfileThe 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:
- Mrinal Manohar: Founder & CEO of Prove AI. Contact Info: 1 email address
View details of Prove AI's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Credo 2020, Palo Alto (United States), Series B | AI governance platform and advisory services | $41.3M | 63/100 | |
2nd | Prove AI 2018, Zug (Switzerland), Series B | Provider of AI governance and compliance platform | $61.1M | 63/100 | |
3rd | ModelOp 2016, Chicago (United States), Series B | Platform offering machine learning model deployment and management | $16M | 60/100 | |
4th | Vijil 2023, Santa Clara (United States), Series A | Cloud-based platform offering tools to evaluate AI agents | $23M | 60/100 | |
5th | Patronus 2023, New York City (United States), Series A | Automated evaluation and security platform | $40.1M | 59/100 | |
6th | Superwise 2017, Nashville (United States), Acquired | Developer of a platform for AI governance and operations management | $4.5M | 59/100 | |
7th | Armilla AI 2020, Toronto (Canada), Seed | Provider of insurance and risk management solutions for artificial intelligence | $6.37M | 57/100 | |
8th | Holistic AI 2020, London (United Kingdom), Funding Raised | AI-based legal risk management solutions for enterprises | - | 56/100 | |
9th | Modulos 2018, Zurich (Switzerland), Seed | Provider of an AI governance platform for risk management and compliance | $10.9M | - | 53/100 |
10th | 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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AI Adoption Continues to Grow, but Post-Deployment Gaps Hinder ProductivityProve AI•Jun 18, 2025•Prove AI
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Prove AI Launches on the Hedera Network, Bringing New Standard in AI GovernanceGlobal Fintech Series•Oct 23, 2024•Prove AI
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Casper Labs Names Greg Whalen as CTO to Lead AI Governance DevelopmentProve AI•Jun 20, 2024•Prove AI
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