Proxymity
Financials
Estimates*
USD | 2019 | 2022 | 2023 |
---|---|---|---|
Revenues | <1m | 27.8m | 42.2m |
% growth | - | - | 52 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$20.5m | Early VC | ||
* | $31.0m | Series B | |
* | $6.0m Valuation: $155m | Series B | |
* | $15.0m Valuation: $155m | Series B | |
Total Funding | $72.5m |
Recent News about Proxymity
EditProxymity operates in the financial services sector, specifically focusing on asset servicing and proxy voting. The company connects issuers, intermediaries, and investors in real-time, providing a platform that ensures transparency, efficiency, and accuracy in investor communications. Proxymity's core clients include financial institutions, custodians, and asset managers who require streamlined and transparent communication channels for proxy voting and shareholder disclosure. The company leverages its technology to offer a strategic differentiator in the securities servicing space, addressing known pain points in investor communications. Proxymity's business model revolves around offering its platform as a service, generating revenue through subscription fees and transaction-based charges. The company has established partnerships with major financial institutions like Citi and Deutsche Bank, which have been instrumental in its growth and innovation. Proxymity has received multiple accolades, including consecutive wins at the Global Custodian Leaders in Custody Awards, highlighting its commitment to excellence and innovation in the industry.
Keywords: asset servicing, proxy voting, investor communications, transparency, efficiency, accuracy, financial institutions, custodians, asset managers, securities servicing.