What is Proxymity?
Proxymity operates at the intersection of fintech and corporate governance, offering a sophisticated digital platform that streamlines the complex processes inherent in investor communications. By replacing legacy, manual workflows with a real-time digital interface, the company ensures that corporate decisions are transmitted with unprecedented accuracy and speed. This technological advancement not only reduces operational friction for intermediaries but also empowers institutional investors with the necessary time and confirmation to exercise their voting rights effectively.
Beyond mere operational efficiency, Proxymity is a critical enabler of environmental, social, and corporate governance (ESG) initiatives. By fostering a more transparent and compliant communication environment, the platform allows public companies to engage more meaningfully with their shareholder base. Its unique position is further validated by a consortium of global financial backers, including major banking entities and securities services providers, who utilize the platform to maintain high standards of service in the global custody market.
How much funding has Proxymity raised?
Proxymity has raised a total of $108.5M across 3 funding rounds:
Series A
$20.5M
Series B
$52M
Series C
$36M
Series A (2020): $20.5M with participation from Clearstream, BNY Mellon, Computershare, and Citigroup
Series B (2022): $52M led by Citigroup, Computershare, J.P. Morgan, State Street, Deutsche Bank, BNP Paribas Securities Services, Mediant Communications, Deutsche Börse, and BNY
Series C (2025): $36M supported by MUFG
Key Investors in Proxymity
Citigroup
Citigroup Inc. is a leading global financial services company headquartered in New York City, providing a broad range of financial products and services including corporate and investment banking to institutions in over 160 countries.
Computershare
Computershare is a global stock transfer company that provides corporate trust, stock transfer, and employee share plan services, serving as a critical link in the investor communications ecosystem.
MUFG
MUFG is a major Japanese bank holding and financial services company offering comprehensive services in commercial banking, trust banking, and asset management on a global scale.
What's next for Proxymity?
With the successful closure of its latest financing round, Proxymity is well-positioned to scale its operations and expand its footprint across international markets. The strategic focus will likely center on deepening the integration of its digital pathway within the existing infrastructure of its global banking partners. As the demand for digital-first, compliant, and transparent shareholder engagement continues to rise, Proxymity is poised to set the standard for the next generation of investor relations technology.
Future developments are expected to leverage this capital to enhance the platform's analytical capabilities and broaden its service offerings, ensuring that all participants in the custody chain can navigate the complexities of modern corporate governance with confidence and precision.