Proof Technology

Proof Technology

Automates and streamlines legal document delivery

About

Proof specializes in automating the process serving sector, which involves delivering legal documents to individuals involved in court proceedings. This service is essential for ensuring due process in legal cases. The company primarily serves law firms, legal departments, and other entities that need reliable process serving. Proof operates a web-based application that allows users to upload documents, track the progress of serves, and receive notifications upon successful delivery, enhancing efficiency and reliability in legal processes. Unlike traditional process servers, Proof's automated solution provides greater transparency and accountability. The company generates revenue through a subscription-based model and transaction fees, ensuring a steady income while scaling with service volume. The goal of Proof is to transform the legal services industry by providing a dependable and efficient process serving solution.

Company Stage

Series B

Employees

51-200

Industries

Consulting, Legal

Total Funding

$39.5M

Headquarters

N/A

Founded

2017


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Simplify's Take

What believers are saying

  • The recent $30.4M Series B funding led by Long Ridge Equity Partners positions Proof for significant growth and technological enhancements.
  • Proof's platform streamlines case initiation and e-filing, making it an attractive solution for law firms and legal departments.
  • The addition of experienced advisors like Chris Weiler to the board signals strong leadership and strategic direction.

What critics are saying

  • The niche market of legal tech may limit Proof's growth potential compared to broader tech sectors.
  • Dependence on continuous technological innovation to stay ahead of competitors could strain resources and focus.

What makes Proof Technology unique

  • Proof leverages automation to replace traditional process servers, offering a more reliable and efficient solution in the legal tech market.
  • The dual revenue model of subscriptions and transaction fees ensures a steady and scalable income stream, unlike competitors who may rely on a single revenue source.
  • Proof's web-based application provides transparency and accountability, critical features that set it apart in legal proceedings.

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Growth & Insights
Headcount

6 month growth

36%

1 year growth

66%

2 year growth

181%

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