
Provable
Founded Year
2019Stage
Series B - II | AliveTotal Raised
$228.48MLast Raised
$480K | 4 mos agoMosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+17 points in the past 30 days
About Provable
Provable works with privacy-first technology in the digital finance sector, focusing on zero-knowledge technology. It provides developer tools, including a programming language for secure smart contracts, a blockchain explorer, and a Software Development Kit (SDK) for building privacy-focused applications. It serves the blockchain and digital finance industries with its privacy-focused solutions. It was formerly known as Aleo Network Foundation. It was founded in 2019 and is based in Reno, Nevada.
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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.

Jul 29, 2022
Where a16z is investing in crypto and blockchainExpert 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.
Unicorns- Billion Dollar Startups
1,277 items
Blockchain
8,979 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.
Cybersecurity
10,758 items
These companies protect organizations from digital threats.
Provable Patents
Provable has filed 7 patents.
The 3 most popular patent topics include:
- alternative currencies
- blockchains
- cryptocurrencies

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
Jun 5, 2025
Aleo's innovative zero-knowledge smart contracts are setting new standards for confidentiality and privacy applications within the blockchain ecosystem. At Token2049, Howard Wu emphasized Aleo's unique approach, stating, “Aleo is the first ZK blockchain designed with programmable privacy as a core principle, rather than an afterthought.” Discover how Aleo's programmable privacy and zero-knowledge smart contracts are redefining blockchain confidentiality and driving innovation in secure transactions. ‘, ‘ Advanced Trading Tools Await You! Maximize your potential. Join now and start trading! ‘, ‘ Professional Trading Platform Leverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Aleo's Programmable Privacy: Revolutionizing Blockchain Confidentiality Aleo, under the leadership of founder Howard Wu, introduces a groundbreaking concept of programmable privacy that redefines how blockchain technology handles sensitive data. Unlike traditional privacy blockchains that offer limited confidentiality features, Aleo leverages zero-knowledge proofs to enable fully customizable privacy controls within smart contracts. This advancement allows developers to build applications where transaction data and user information remain confidential without compromising transparency or security. The significance of Aleo's approach lies in its ability to address growing concerns over data privacy in decentralized environments. By embedding privacy as a fundamental design principle, Aleo empowers users and developers to tailor privacy settings to specific use cases, ranging from financial services to identity management. This flexibility positions Aleo as a frontrunner in the evolving privacy blockchain landscape, attracting increased attention from both the developer community and institutional investors. ‘, ‘ Secure and Fast Transactions Diversify your investments with a wide range of coins. Join now! ‘, ‘ The Easiest Way to Invest in Crypto Dont wait to get started. Click now and discover the advantages! ‘ ]; var adplace = document.getElementById(“ads-binance”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex; adplace.innerHTML = adscodesBinance[adsindex]; sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBinance”, sessperindex); } })(); Insights from Token2049: Howard Wu's Vision for Privacy-Centric Blockchain Innovation At the recent Token2049 conference in Dubai, Howard Wu detailed Aleo's roadmap and technological breakthroughs, highlighting the platform's commitment to advancing zero-knowledge smart contracts. Wu emphasized that Aleo's programmable privacy model is not merely an enhancement but a fundamental shift that opens new possibilities for blockchain applications. This includes enabling confidential decentralized finance (DeFi) protocols and secure digital identity solutions that protect user data from unauthorized access. Wu's presentation underscored the market potential of Aleo's technology, noting that the platform's privacy features could catalyze broader adoption of blockchain solutions in sectors where confidentiality is paramount. The strategic focus on privacy aligns with increasing regulatory scrutiny and the demand for compliance-ready blockchain infrastructures, suggesting Aleo's innovations may influence future industry standards globally. ‘, ‘ The Power of the TRON Ecosystem is Yours! Click now to discover exclusive opportunities! ‘, ‘ Profit Opportunities on the TRON Network Join now to strengthen your investments! ‘ ]; var adplace = document.getElementById(“ads-htx”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexHtx”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesHtx.length) : sessperindex; adplace.innerHTML = adscodesHtx[adsindex]; sessperindex = adsindex === adscodesHtx.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexHtx”, sessperindex); } })(); Market Implications and Developer Engagement The introduction of programmable privacy has immediate implications for the blockchain market. Aleo's advancements are expected to stimulate heightened developer interest, as privacy-centric tools become essential for building next-generation decentralized applications. This shift could lead to a more vibrant ecosystem where privacy is integrated seamlessly, fostering innovation and enhancing user trust. Financially, Aleo's unique positioning in the privacy token sector signals promising growth potential. Investors and market analysts are closely monitoring the platform's progress, recognizing that programmable privacy could become a critical differentiator in the competitive blockchain space. Furthermore, Aleo's technology may influence compliance frameworks by demonstrating how privacy and transparency can coexist effectively within decentralized systems. Historical Context and Future Outlook for Privacy Blockchains Aleo's emergence marks a pivotal evolution from earlier privacy blockchain models that often struggled with scalability and usability challenges. By embedding zero-knowledge proofs at the core of its architecture, Aleo offers a scalable and developer-friendly solution that addresses these limitations. Howard Wu's leadership and vision have been instrumental in positioning Aleo as a key innovator driving the next generation of privacy-focused blockchain technology. Looking ahead, Aleo's advancements could redefine industry benchmarks for confidentiality, influencing how privacy is integrated into blockchain protocols worldwide. As privacy concerns continue to escalate, Aleo's programmable privacy framework sets a new standard for secure, customizable, and compliant blockchain applications. Conclusion Aleo's introduction of programmable privacy through zero-knowledge smart contracts represents a significant leap forward in blockchain technology. Howard Wu's strategic vision and Aleo's technological innovations are reshaping the privacy landscape, offering scalable and customizable solutions that meet the evolving demands of developers, users, and regulators alike. As the blockchain industry continues to prioritize confidentiality and security, Aleo stands poised to lead the charge in establishing new standards for programmable privacy. Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news. Source: https://en.coinotag.com/aleos-programmable-privacy-could-influence-future-blockchain-confidentiality-standards/
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 Slow Ventures, Andreessen Horowitz, SoftBank, Sea Capital, Samsung NEXT and 16 more.
Who are Provable's competitors?
Competitors of Provable include Zama and 6 more.
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Compare Provable to Competitors
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.
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.

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.
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.
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 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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