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Industries
Data & Analytics
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$12M
Headquarters
New York City, New York
Founded
2022
Proxima.ai focuses on enhancing social media advertising for brands by using AI-powered targeting solutions. Their technology employs machine learning algorithms to optimize ad performance, which helps clients lower customer acquisition costs and improve their return on ad spend. Proxima operates on major platforms like Facebook, Instagram, Snapchat, and TikTok, offering subscription-based services and performance-based pricing to ensure clients see tangible results in their marketing strategies. A key aspect of Proxima's approach is addressing privacy changes, such as those introduced by iOS 14, by providing automated targeting solutions that help identify effective audience segments. This allows clients to expand their reach and achieve better returns on their advertising investments. Proxima also offers continuous audience generation and expert guidance while ensuring the security and anonymity of customer data, enabling brands to confidently scale their advertising efforts.
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Total Funding
$12M
Below
Industry Average
Funded Over
1 Rounds
Industry standards
Unlimited Paid Time Off
Health Insurance
Dental Insurance
Vision Insurance
401(k) Retirement Plan
Parental Leave
Commuter Benefits
Health Savings Account/Flexible Spending Account
Bernard Arnault, founder and CEO of luxury goods company LVMH and the fourth-richest person in the world, has reportedly made several investments in artificial intelligence (AI) companies. Arnault’s family office, Aglaé Ventures, has made five AI-related investments in 2024, CNBC reported Monday (Aug. 19), citing data provided to it exclusively by private wealth intelligence platform Fintrx. These investments include H, a French startup formerly known as Holistic AI; Lamini, a California-based startup focused on enterprise AI applications; Proxima, a New York-based AI-powered digital marketing company; Borderless AI, a Toronto-based human resource management platform; and Photoroom, a France-based AI image editor, according to the report
Proxima AI raises $12M in Series A financing.
Proxima, a data intelligence software company that empowers consumer technology businesses to scale customer acquisition profitably, expand customer lifetime value and optimize full lifecycle marketing, today announces the closing of a $12 million Series A round led by Mucker Capital.
NEW YORK--(BUSINESS WIRE)--Proxima, a data intelligence software company that empowers consumer technology businesses to scale customer acquisition profitably, expand customer lifetime value and optimize full lifecycle marketing, today announces the closing of a $12 million Series A round led by Mucker Capital. Other investors in the round include Aglae Ventures (family office of LVMH founder), Great Oaks Venture Partners, Data Point Capital, Broadway Venture Partners, FirstLook Partners and Connexa Capital. Since launching in May 2022, Proxima has achieved over 400% revenue growth and increased its proprietary network of B2C connections to over 12,000. This powerful network harnesses over 65 million unique, anonymized shopper profiles, blending these with advanced AI models. This synergy empowers clients to elevate their marketing performance by unlocking deep, actionable insights and superior targeting. Their suite of offerings enables businesses to scale paid media efficiently across advertising platforms including Meta and TikTok, improve retention and customer lifetime value with predictive intelligence, and gain tactical insights with network-powered industry benchmarks
Proxima, a predictive data intelligence platform focused on growth for e-commerce brands, has raised $12M in Series A funding from investors that include Great Oaks Venture Capital, Mucker Capital, Aglae Ventures, Data Point Capital, Connexa Capital, Broadway Partners, and FirstLook Partners.
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Industries
Data & Analytics
Consumer Software
AI & Machine Learning
Company Size
51-200
Company Stage
Series A
Total Funding
$12M
Headquarters
New York City, New York
Founded
2022
Find jobs on Simplify and start your career today
Discover companies similar to Proxima