About ProVen
ProVen is a venture capital firm founded in 1996. It is primarily based out of London, United Kingdom. As of Oct 2021, ProVen has invested in 10 companies. It primarily invests in Series B round in United Kingdom based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Consumer and Real Estate and Construction Tech. Most recently it participated in the $***** Series B round of The Plum Guide Overall, ProVen portfolio has seen 4 acquisitions including key companies like 7digital, Thread and MyOptique Group. A lot of funds co-invest with ProVen, with names like Beringea sharing a substantial percentage of its portfolio. ProVen has team of 9 people including 6 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Series A & 1 more
Portfolio Soonicorns
ProVen's List of Top Investments
ProVen has a portfolio of 10 companies. Their most notable investments are in ResponseTap and The Plum Guide.Their portfolio spans across and United Kingdom. They have invested in Enterprise Applications, Consumer, Real Estate and Construction Tech and 9 other sectors, across stages such as Series B, Series A and 1 more. Here is the list of top investments by ProVen:1. 7digital
7digital is a platform-agnostic digital content provider in the market. They enable rights management for content creators. It offers online licensing solutions for various artists and brands. The clients of the company include Samsung, Research In Motion, HP, Universal Music, EMI, Warner Music, Sony, Toshiba, Ubuntu, and more.
Key facts about 7digital
- Founded Year: 2004
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $14.2M
- Employee Count: 37 as on May 31, 2026
- Investors: Herald Investment Management, ProVen and 3 Others
- Latest Funding Round: Post IPO, Sep 03, 2020, $*****
- Highlight: Acquired
2. Dash Water
Brand of carbonated water. It focused on creating fruit infused sparkling water. The product line includes various flavors infused with fruits like grapefruit, peach, lime, and raspberry. Customers can purchase the drinks individually or through subscription services.
Key facts about Dash Water
- Founded Year: 2017
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $23.2M
- Employee Count: 64 as on May 31, 2026
- Investors: ProVen, KM Capital and 36 Others
- Latest Funding Round: Series A, Jan 06, 2023, $*****
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Provider of vetted residential properties for short term vacation rentals. This business manages a collection of homes that undergo a verification process to ensure adherence to specific standards. Guests book these residences for temporary stays. The service includes assistance for travelers and policies regarding host cancellations.
Key facts about The Plum Guide
- Founded Year: 2015
- Location: Slough (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $92.2M
- Employee Count: 98 as on May 31, 2026
- Investors: BGF, Revolution Ventures and 13 Others
- Latest Funding Round: Series B, Feb 16, 2022, $*****
- Highlight: Editors' Pick
Arctic Shores is an AI and gamification-based psychometric assessment platform. It offers an assessment-based data insights platform that allows employers to register through the platform, invite employees to take assessments, analyze behavior, algorithms analyze and provide insights, and generate instant feedback. It is a tool available on the subscription based pricing model.
Key facts about Arctic Shores
- Founded Year: 2013
- Location: London (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $18.8M
- Employee Count: 40 as on May 31, 2026
- Investors: VentureFounders, ProVen and 38 Others
- Latest Funding Round: Series B, Jan 16, 2023, $*****
- Highlight: Editors' Pick
5. My 1st Years
My 1st Years is an online retailer of personalized gifts for babies headquartered in Northampton, UK. Users can choose a gift from various categories such as bathroom, bedroom, playroom, bags and more and can personalize the gift by adding photos and texts. Users can pay online to confirm their purchase. The company offers 3 delivery options within the UK - standard (within 6-7 days), express (within 2-3 days) and next day delivery. The standard delivery of the company is priced at ~$4.5. The company also ships internationally. The company also runs a corporate gift program. Interested corporates can contact the company through their website.
Key facts about My 1st Years
- Founded Year: 2010
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2024
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $8.53M
- Employee Count: 122 as on May 31, 2026
- Investors: HSBC, ProVen and 21 Others
- Latest Funding Round: Series A, Jan 16, 2017, $*****
- Highlight: Editors' Pick
ProVen's Year-on-Year Investment Trends
ProVen has invested in 10 companies over the last 12 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in The Plum Guide and most recent follow-on round was in MyOptique Group.ProVen's Investments by Stage
ProVen has made 2 investments in Series B stage with an average round size of $7.87M, 1 investment in Series A stage with an average round size of $5.78M and 1 investment in Series C stage with an average round size of $27.2M.Stage of entry | No. of Investments |
|---|---|
Series B | 2 |
Series A | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
ProVen's Investments by Sector
ProVen has a diverse portfolio, with companies operating in the Consumer, Retail, Enterprise Applications, Gig Economy and Travel and Hospitality Tech. Notably, it has invested in 8 Tech companies, 5 Enterprise (B2B) companies, 5 Software companies and at least 4 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 2 |
Retail | 2 |
Enterprise Applications | 1 |
Gig Economy | 1 |
Travel and Hospitality Tech | 1 |
Note: We have considered here, only first round of investments
ProVen's Investments by Geography
ProVen has made most investments in United Kingdom (4).ProVen's recent investments
ProVen has not made any investment in 2026 so far.Here are the most recent investments by ProVen:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 07, 2021 | United Kingdom | Series B | 3484 | [+3] | |
Jun 01, 2016 | United Kingdom | Series A | 4822 | [+4] | |
Aug 16, 2015 | United Kingdom | Series D | 9783 | [+6] | |
Jun 22, 2014 | United Kingdom | Series C | 3162 | [+5] | |
May 13, 2014 | United Kingdom | Series B | 2249 | [+1] |
Acquired companies in ProVen's Portfolio
4 companies from ProVen's portfolio have been acquired. The most recent acquisition was 7digital in Feb 2023 by Songtradr for $*****.Here are ProVen's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 08, 2023 | - | - | 1243 | |
Dec 01, 2022 | Jun 01, 2016 | Series A | 6873 | |
Mar 23, 2021 | May 13, 2014 | Series B | 6187 | |
Aug 16, 2016 | Jun 22, 2014 | Series C | 2006 |
Team profile of ProVen
ProVen has a team of 9 members including 6 Partners and 2 Principals located in United Kingdom and Uganda. ProVen's team sits on the board of 1 company.Here is a list of all team members in ProVen:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | London | - | - | |
Partner | Uganda | |||
Partner | United Kingdom | - | - | |
Partner | London | - | - | |
Partner | - | - | - | |
Partner | London | - | - | |
Principal | United Kingdom | - | - | |
Principal | London | - | - |
Co-investors of ProVen
Over the past 12 years, 38 investors have co-invested in ProVen's portfolio companies. This includes funds and angels.
- Invested before ProVen: Octopus Ventures, LocalGlobe and 20 others have invested in rounds before ProVen. There is 1 company where Octopus Ventures has invested before ProVen and 1 company where LocalGlobe has invested before ProVen.
- Top Co-investors of ProVen: 6 investors entered a company along with ProVen. These include investors like Beringea (2 companies).
- Invested after ProVen: A total of 10 investors have invested in ProVen's portfolio after their investments. Top Investors include Amery Capital (2 companies), TriplePoint Capital (1 company) and H&M (1 company).
Recent News related to ProVen
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ProVen Growth and Income VCT plc: Admission of Further Securities to TradingGlobeNewswire•Jul 31, 2026•ProVen
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