Question 1

What is Provenance?

Accepted Answer

Provenance is AI-Native infrastructure for financial models. It automatically captures every change made to your Excel models, generates intelligent diffs that understand formulas and dependencies, and requires human-readable explanations for every modification. Think of it as Git for spreadsheets, but built specifically for the complexity of financial modeling.

Question 2

How does Provenance work with Excel?

Accepted Answer

Provenance installs as a native Excel add-in that runs seamlessly in the background. You work in Excel exactly as you always have, with no new tools to learn or workflows to change. The add-in automatically tracks changes, detects when formulas are modified, and prompts for explanations only when meaningful changes occur.

Question 3

Is my financial model data secure with Provenance?

Accepted Answer

Security is our highest priority. Provenance is pursuing SOC 2 compliance through Vanta with continuous monitoring. All data is encrypted in transit using TLS 1.3 and encrypted at rest with AES-256. Hosted on Google Cloud Platform, the #1 most trusted cloud, with full data isolation and no cross-tenant access.

Question 4

Can I try Provenance before committing?

Accepted Answer

Absolutely. We offer a pilot program where you can test Provenance with your actual financial models in a controlled environment. The pilot includes full support from our team, custom integration assistance, and detailed feedback sessions to ensure it meets your specific needs.

Question 5

Who founded Provenance and who backs it?

Accepted Answer

Provenance was founded by Tuna Uskudar, Arda Dinc, and Chris Risio. The company is backed by top venture capital firms including Glasswing Ventures and Jackson Square Ventures, alongside QNB (Qatar National Bank, the largest bank in the Middle East and North Africa region) and NVIDIA Inception, NVIDIA's accelerator program for startups, at a $20 million valuation.

Question 6

What is Provenance's valuation?

Accepted Answer

Provenance (ProvenanceXL Inc.) is valued at $20 million, backed by Glasswing Ventures, Jackson Square Ventures, QNB, and NVIDIA Inception.