PROOF stands for the Pro Rata Opportunity Fund. We invest strategic capital alongside select early stage VC firms, to maximize upside in their best performing companies.
Venture capital firms investing in early stage companies typically negotiate ‘pro-rata investment rights,’ allowing them to maintain ownership in subsequent rounds of funding as they grow. Since early stage VCs invest across a broad swath of portfolio companies, over time, they inevitably run out of capital to maintain their pro-rata ownership in their best performing companies. When pro-rata is surrendered, board seats and the right to invest in future rounds are at stake.
Through our investments, we allow our network partner VCs to maintain their influence on the board, preserve their position in the cap table and optimize returns in companies experiencing meteoric growth.
Venture capital firms investing in early stage companies typically negotiate ‘pro-rata investment rights,’ allowing them to maintain ownership in subsequent rounds of funding as they grow. Since early stage VCs invest across a broad swath of portfolio companies, over time, they inevitably run out of capital to maintain their pro-rata ownership in their best performing companies. When pro-rata is surrendered, board seats and the right to invest in future rounds are at stake.
Through our investments, we allow our network partner VCs to maintain their influence on the board, preserve their position in the cap table and optimize returns in companies experiencing meteoric growth.
Location: United States, Virginia, Reston
Employees: 1-10
Founded date: 2015
Investment Type: Venture Capital
Investment Stage: Pre-Seed; Seed; Series A
Portfolio 85
| Date | Name | Website | Total Raised | Location |
| 27.10.2023 | EquipmentS... | equipmentshare.com | $701.5M | United Sta... |
| 27.10.2023 | Cubist | cubist.dev | $7M | United Sta... |
| 27.10.2023 | Casper | casper.com | $325M | United Sta... |
| 27.10.2023 | Frontier C... | frontiercargroup.com | $610M | Germany, B... |
| 27.10.2023 | Bird | bird.co | $900M | United Sta... |
| 27.10.2023 | Epic Games | epicgames.com | $6.3B | United Sta... |
| 27.10.2023 | BrightInsi... | brightinsight.com | $166M | United Sta... |
| 27.10.2023 | Carta | carta.com | $880M | United Sta... |
| 27.10.2023 | DailyPay | dailypay.com | $1.04B | United Sta... |
| 27.10.2023 | Beyond Mea... | beyondmeat.com | $295M | United Sta... |
Show more
Persons 6
| Date | First Name | Last Name | Title | Location | |||
| - | Thanasis | Delistathi... | CO-FOUNDER... | linkedin.c... | - | - | - |
| - | JOHN | BACKUS | CO-FOUNDER... | linkedin.c... | twitter.co... | - | - |
| - | JENNIFER | SCHRETTER | GENERAL PA... | linkedin.c... | - | - | - |
| - | Ha | Dao | ASSOCIATE | linkedin.c... | - | - | - |
| - | BRYAN | CIAMBELLA | General Pa... | linkedin.c... | - | - | - |
| - | JOHN | BURKE | CO-FOUNDER... | linkedin.c... | - | j****e@tru... | - |
Mentions in press and media 4
| Date | Title | Description |
| 17.08.2022 | Narrating brand story across numerous media platforms lands $110 million for VidMob | Under increased pressure to maximise every marketing dollar, improving creative effectiveness and efficiency has become a marketing imperative. The need to execute a brand story across numerous media platforms and formats has made it increa... |
| 01.11.2021 | Having raised just $25 million, crypto conglomerate Digital Currency Group gets a $10 billion valuation | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Hello Term Sheet readers, from my hotel room in Hong Kong where I'm quarantining as part of the p... |
| 08.01.2021 | Money Moves: Nike invests $500K in Black Girl Ventures | Money Moves is a column where we chart the funding raises of tech companies across the region. Have a tip? Email us at dc@technical.ly. Nike is investing $500,000 into D.C.-based Black Girl Ventures, the corporation announced on Friday. BGV... |
| 28.09.2017 | The Inno Guide to Angel and Venture Capital Investors in the D.C. Metro Area | Updated 4/27/2020 by Cassidy Beegle-Jackson. The venture capital landscape is changing in D.C. The number of deals is dwindling, and each quarter, it seems the region's venture data is relying more and more on one major venture deal to defi... |