When was Provenance founded?

Provenance was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Provenance located?

Provenance is headquartered in San Francisco, United States.

How many employees does Provenance have?

As of Jun 30, 2026, the latest employee count at Provenance is 12.

Is Provenance a funded company?

Provenance is a funded company, having raised a total of $22.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Apr 12, 2019.

When was the latest funding round of Provenance?

Provenance's latest funding was a $***** Series B round on Nov 12, 2024, with participation from 0 investor. Its primary sector is Blockchain Infrastructure. In United States, the Blockchain Infrastructure sector has seen $1.02B in funding in 2026 to date.

Where does Provenance rank among its competitors?

Provenance ranks 65th amongst 2142 active competitors, of which 403 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Ripple, which secured $200M in May, 2026.

Who are the top competitors of Provenance?

Provenance's top competitors include BitGo, Ripple and Luno. Among them, Ripple secured the most recent funding round in May, 2026.

Provenance - 2026 Company Profile, Team, Funding & Competitors

Provenance is a series B company based in San Francisco (United States), founded in 2018 by Alana Aldag Ackerson. It operates as a Public & distributed stakeholder blockchain for the financial services industry. Provenance has raised $22.7M in funding. The company has 2142 active competitors, including 403 funded and 67 that have exited. Its top competitors include companies like BitGo, Ripple and Luno.

Company Details

Provenance is a public and distributed stakeholder blockchain for the financial services industry. It uses the consensus module of Hyperledger. Use cases include loan origination & servicing, creation & issuance of debt securities and receiving loan payments.

Website: provenance.io
Social
Email ID: *****@provenance.io
Phone Number: +1 **********

Key Metrics

Founded Year

2018

Location

San Francisco, United States

Stage

Series B

Total Funding

$22.7M in 2 rounds

Latest Funding Round

Series B, Nov 12, 2024, $*****

Investors

Conversion Capital & 11 more

Ranked

65^th among 2142 active competitors

Employee Count

12 as on Jun 30, 2026

Similar Companies

BitGo & 2919 more

View Provenance's full profile

Provenance has raised a total funding of $22.7M over 2 rounds. Its first funding round was on Apr 12, 2019. Provenance has 12 institutional investors.

Here is the list of recent funding rounds of Provenance:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 12, 2024	6601969	Series B	1466436	2055824	3978189	3227448
Apr 12, 2019	1161567	Series B	3119738	3378958	8467909	7131084

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View details of Provenance's funding rounds and investors

The founders of Provenance is Alana Aldag Ackerson.

Here are the details of Provenance's key team members:

Alana Aldag Ackerson: Co-Founder of Provenance.

View details of Provenance's Founder profiles and Board Members

Provenance's employee count trend

Provenance has 12 employees as of Jun 26. Here is Provenance's employee count trend over the years:

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Top competitors of Provenance include BitGo, Ripple and Luno. Here is the list of Top 10 competitors of Provenance, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BitGo 2013, Palo Alto (United States), Public	Platform that offers crypto based financial services	$170M	Goldman Sachs, Valor Equity Partners & 39 others	81/100
2nd	Ripple 2012, San Francisco (United States), Series D	Provider of blockchain and financial infrastructure solutions for cross-border payments and digital asset custody	$853M	Digital Ventures, ChinaRock Capital Management ... & 104 others	81/100
3rd	Luno 2013, London (United Kingdom), Acquired	App-based platform for crypto wallet and investments	$13M	Balderton Capital, Digital Currency Group ... & 13 others	80/100
4th	Coins.ph 2014, Pasig (Philippines), Acquired	Digital wallet for Bitcoin assets	$40M	Ribbit Capital, Accion & 16 others	80/100
5th	Consensys 2014, Fort Worth (United States), Series D	Developer of blockchain and web3 software platform	$725M	Third Point, Marshall Wace & 58 others	80/100
6th	FalconX 2018, San Francisco (United States), Series D	Online platform offering cryptocurrency trading and investment solutions for institutions	$430M	B Capital, GIC & 26 others	79/100
7th	BlockFi 2017, Jersey City (United States), Acquired	Online platform for trading, crypto-backed loans, interest accounts, and wallets	$466M	Valar Ventures, Bain Capital Ventures & 64 others	78/100
8th	Amber Group 2017, Singapore (Singapore), Series C	Provider of blockchain-based financial solutions	$628M	Temasek, Paradigmcap & 32 others	76/100
9th	Terra 2018, Singapore (Singapore), Series B	Blockchain network for payments	$125M	Huobi, Binance Labs & 42 others	76/100
10th	AVA 2018, Brooklyn (United States), Series B	Blockchain platform for smart contracts and custom subnets	$368M	Andreessen Horowitz, Ceras Ventures & 22 others	75/100
65th	Provenance 2018, San Francisco (United States), Series B	Public & distributed stakeholder blockchain for the financial services industry	$22.7M	Conversion Capital, HCM Capital & 10 others	57/100