# Proximal Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proximal-data

- Industry: Software
- Headquarters: San Diego, US
- Website: www.proximaldata.com
- Total disclosed funding: $2M
- Latest round: Series B (Apr 1, 2013)
- Investors on record: 2

## About

Proximal Data focuses on developing technology and AI solutions to enhance educational experiences through interactive applications that aid learning and engagement in students.Founded in 2011 in San Diego, US, Proximal Data specializes in educational technology aimed at improving learning outcomes. The company has completed a total of 3 deals, with its most recent funding round occurring on October 23, 2013. In this round, Proximal Data raised USD 2.99 mn from unspecified investors. The founder’s history and previous ventures are not publicly detailed.Proximal Data specializes in technology and artificial intelligence (AI) solutions aimed at enhancing educational experiences. Its core offerings include a range of applications designed for various educational purposes, such as apps that facilitate reading comprehension, mathematics learning, and overall educational development for children. These products are crafted to solve specific challenges faced by educators and parents, ensuring engagement in learning and providing accessible educational resources. The applications serve a diverse clientele, including educators, parents, and students, primarily in North America and Europe, where there is a significant demand for innovative educational tools. By focusing on user-friendly interfaces and interactive learning methods, the company aims to improve educational outcomes and address the needs of modern learners.Proximal Data's revenue model is primarily based on direct-to-consumer transactions, with a significant emphasis on subscription services for its suite of educational applications. Clients can opt for various pricing plans that cater to individual users or institutions, allowing them to access premium features and content. Typically, these transactions involve monthly or annual subscription fees that provide users with continuous access to the latest updates and additional resources. Flagship products include several trademarked educational applications, each designed to support specific learning outcomes and tailored to the needs of their target demographics. The company's revenue generation strategy is structured to create a sustainable income stream while ensuring users benefit from ongoing improvements and additional content within their educational platforms.Proximal Data intends to develop and launch several new products designed to enhance their educational offerings, with specific release dates yet to be confirmed. The company plans to expand into new markets, targeting regions in Asia and South America by the end of 2024. The recent funding of USD 2.99 mn will be utilized to support these initiatives, enabling Proximal Data to enhance product development and facilitate market entry.

## Funding rounds

- Series B, Apr 1, 2013, $2M — Avalon Ventures, Divergent Ventures

## Investors

- Avalon Ventures (https://capitalatlas.ai/funds/avalon-ventures) — Series B
- Divergent Ventures (https://capitalatlas.ai/funds/divergent-ventures) — Series B