# Proxifile

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proxifile

- Industry: Financial Services
- Headquarters: Oakland, US
- Website: www.proxifile.com
- Total disclosed funding: $2.3M
- Latest round: Angel (Jun 10, 2021)
- Investors on record: 2

## About

Proxifile is a data management company that provides innovative solutions to enhance file sharing and collaboration, focusing on security for industries like finance, healthcare, and legal.Founded in 2020 in Oakland, US, Proxifile specializes in advanced data management solutions. The company has completed one deal, raising USD 2.3 mn in an Angel funding round on June 10, 2021, led by investors Darwin Ventures and Quiet Ventures.Proxifile specializes in providing innovative data management solutions tailored for businesses looking to streamline their operations and enhance data accessibility. Their core product offerings focus on advanced file sharing and collaboration tools, designed with a security-first approach to meet the needs of sectors such as finance, healthcare, and legal. These solutions enable clients to securely store, manage, and share sensitive information among teams or with external partners, enhancing productivity while ensuring compliance with relevant regulations. The products are primarily marketed to mid-to-large enterprises across North America and Europe, where demand for secure data management continues to grow. Since their initial launch, Proxifile has established a client base that includes notable organizations in various industries, indicating strong market penetration and a commitment to addressing specific operational challenges faced by their end users.Proxifile generates revenue through a subscription-based model, which typically involves tiered pricing plans based on the features required by clients. The structure of these transactions is designed to cater to both business-to-business (B2B) and direct-to-consumer needs, allowing flexibility in how organizations choose to integrate Proxifile's solutions into their workflows. Each subscription plan may vary in terms of storage capacity, user licenses, and access to premium features, creating a scalable pricing structure that appeals to diverse customer segments. Flagship products, recognized for their robust functionality and security features, form the backbone of the company's revenue stream, emphasizing a commitment to delivering value to clients while fostering long-term partnerships that enhance customer retention.Proxifile plans to utilize the USD 2.3 mn raised in its latest Angel funding round to grow its bankruptcy claims offering from Beta into a nationwide rollout and begin its expansion into property claims for individual owners and managers. The company is targeting an expansion into new markets across North America by the end of 2022.

## Funding rounds

- Angel, Jun 10, 2021, $2.3M — Darwin Ventures, Quiet Ventures

## Investors

- Darwin Ventures (https://capitalatlas.ai/funds/darwin-ventures) — Angel
- Quiet Ventures (https://capitalatlas.ai/funds/quiet-ventures) — Angel