Founded Year

2019

Stage

Series B - II | Alive

Total Raised

$228.48M

Last Raised

$480K | 1 mo ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-38 points in the past 30 days

About Provable

Provable provides privacy-first technology in the digital finance sector. The company provides developer tools, including a programming language for secure smart contracts, a blockchain explorer, and an SDK for building privacy-focused applications. It serves the blockchain and digital finance industries with its privacy-focused solutions. Provable was formerly known as Aleo. It was founded in 2019 and is based in San Francisco, California.

Headquarters Location

5470 Kietzke Lane Suite 300

Reno, Nevada, 89511,

United States

800-952-5210

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Research containing Provable

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Provable in 1 CB Insights research brief, most recently on Jul 29, 2022.

Expert Collections containing Provable

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Provable is included in 3 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,270 items

B

Blockchain

8,949 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.

C

Cybersecurity

10,544 items

These companies protect organizations from digital threats.

Provable Patents

Provable has filed 6 patents.

The 3 most popular patent topics include:

  • alternative currencies
  • bitcoin
  • blockchains
patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/14/2019

1/14/2025

Piperazines, Commodity chemicals, Chemical reactions, Sedatives, Lactams

Grant

Application Date

3/14/2019

Grant Date

1/14/2025

Title

Related Topics

Piperazines, Commodity chemicals, Chemical reactions, Sedatives, Lactams

Status

Grant

Latest Provable News

Intchains Group Hosts Ask Me Anything session with Aleo Co-Founder Howard Wu to Explore the Future of Crypto Mining

Feb 27, 2025

February 27, 2025 00:19 ET SINGAPORE, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Intchains Group Limited (Nasdaq: ICG), a leader in efficient altcoin mining solutions, hosted an Ask Me Anything (AMA) session on X with Aleo co-founder and CEO of Provable, Howard Wu, to explore the future of crypto mining, hardware acceleration, and zero-knowledge proof (ZKP) advancements. The discussion underscored ICG’s role in shaping next-generation mining technologies and expanding the Aleo ecosystem. Goldshell, a subsidiary of ICG is excited to contribute to the Aleo ecosystem by providing mining hardware that complements Aleo’s vision. Goldshell’s AE BOX Series: The First ASIC Miner for ALEO ICG, through Goldshell, launched the AE BOX and AE BOX PRO on 7 February 2025, as the first mining products designed specifically for ALEO, marking a milestone for Aleo in advancing decentralised, privacy-focused mining hardware. Wu praised the AE BOX PRO for its fast setup, high proof security capabilities, and zero-knowledge optimisation. Unlike GPUs, which mine multiple cryptocurrencies, the AE BOX Series features Aleo-optimised chips for superior efficiency. As the first company to release such a product, Goldshell cements its leadership in altcoin mining innovation. Enhancing Mining Security: Aleo’s ARC-0043 Upgrade Aleo is set to introduce the ARC-0043 proposal, a major technological advancement that enhances mining security and efficiency of Aleo’s mining and overall network operations. The upgrade will implement a new puzzle algorithm, increasing computational complexity and improving ZK-SNARK verification speed. This will significantly reduce block verification time while incentivising hardware advancements. The implementation timeline for ARC-0043 is estimated at six months, during which testing will be conducted on both testnet and mainnet environments. Enhancing Mining Profitability with Innovations A key takeaway from the discussion was the shift towards specifically-designed products for Aleo. While older GPUs face profitability challenges, newer models, such as the 4070S and 4080, remain viable. With the introduction of specialised miners, it will not only make Aleo mining more profitable, mining efficiency and security are also set to improve significantly. The Shift of Mining for Aleo As Aleo’s ecosystem grows, partnerships and decentralised applications (dApps) are becoming integral to its development. Wu emphasised the importance of community contributions, inviting developers to participate in upcoming initiatives, including the workshops on Aleo programming. For the full summary and recording of key takeaways from the AMA, please visit Goldshell’s official website. For more information about ICG, please visit https://intchains.com/ and follow ICG on LinkedIn and X . About Intchains Group Intchains Group Limited (ICG) is a company that engages in the provision of altcoin mining products, the strategic acquisition and holding of Ethereum-based cryptocurrencies, and the active development of innovative Web3 applications. Contacts:

Feb 1, 2025
Latest

Provable Frequently Asked Questions (FAQ)

  • When was Provable founded?

    Provable was founded in 2019.

  • Where is Provable's headquarters?

    Provable's headquarters is located at 5470 Kietzke Lane, Reno.

  • What is Provable's latest funding round?

    Provable's latest funding round is Series B - II.

  • How much did Provable raise?

    Provable raised a total of $228.48M.

  • Who are the investors of Provable?

    Investors of Provable include Andreessen Horowitz, Slow Ventures, SoftBank, Sea Capital, Tiger Global Management and 16 more.

  • Who are Provable's competitors?

    Competitors of Provable include Fhenix and 6 more.

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Compare Provable to Competitors

S
Secret Network

Secret Network is a blockchain platform that provides a Confidential Computing Layer for Web3, enabling privacy-preserving decentralized applications. The company offers tools and services for developers to build and integrate applications with encrypted data, supporting cross-chain communication and various use-cases in the Web3 ecosystem. Secret Network serves the blockchain and cryptocurrency sectors, offering solutions that enhance the privacy and security of digital assets and applications. It was founded in 2017 and is based in Chicago, Illinois.

P
Panther Protocol

Panther Protocol provides an interoperable privacy protocol solution that restores privacy in Web3 and Decentralized finance (DeFi), as well as helps financial institutions to participate in decentralized finance. It was founded in 2021 and is based in Gibraltar, United Kingdom.

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Applied Blockchain

Applied Blockchain is a development studio focused on blockchain and privacy solutions across various industries. The company offers advisory, design, and development services for blockchain technology, catering to sectors such as finance, energy, and supply chain. Applied Blockchain collaborates with startups and global enterprises to create blockchain applications that address business needs. It was founded in 2015 and is based in London, England.

D
Demox Labs

Demox Labs specializes in privacy infrastructure for zero-knowledge blockchains within the cryptocurrency sector. The company offers products that enable secure and private data management and transactions, leveraging Zero-Knowledge Proofs to ensure user privacy. Demox Labs primarily serves individuals and enterprises looking to improve data privacy in their blockchain interactions. It was founded in 2021 and is based in San Francisco, California.

U
USEncryption

USEncryption specializes in privacy-enhancing technology within the data security sector. The company offers a patented technology that processes encrypted data, enabling confidential data sharing and extraction of insights without decryption. This technology primarily supports the development of machine learning models and artificial intelligence (AI) by allowing the use of larger datasets without compromising confidentiality. It was founded in 2018 and is based in Orlando, Florida.

Desilo Logo
Desilo

Desilo specializes in privacy-enhancing technologies within the data security and collaboration sector. The company offers a data cleanroom solution that allows for secure data analysis and collaboration without compromising the privacy of the data involved. Desilo primarily serves sectors that require the handling of sensitive or confidential data. It was founded in 2020 and is based in Seoul, South Korea.

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