# Proxy

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.proxy.com
- Total disclosed funding: $59M
- Latest round: Series B (Mar 16, 2020)
- Investors on record: 11

## About

Proxy, Inc. is a U.S.-based company offering digital identification solutions that enhance online privacy and security, enabling seamless internet access for businesses and individuals alike.Founded in 2016 and headquartered in San Francisco, US, Proxy, Inc. specializes in digital identity solutions. The company has successfully completed 5 deals, with its most recent funding round being a Series B in May 2023, raising USD 42.00 mn led by Scale Venture Partners. The co-founders, Davit Tchelidze and Husam Taha, have previously founded other tech ventures. In May 2023, Proxy was fully acquired by Oura Health Ltd. in an all-stock transaction, which is expected to enhance the company’s innovation capabilities in the wearables market.Proxy.com specializes in innovative proxy solutions designed to enhance online privacy and security while enabling seamless internet access. Their core product offerings include advanced proxy services that facilitate data scraping, web automation, and anonymity for users across various platforms. These services cater to businesses and individuals looking to protect their online identity, bypass geographical restrictions, and conduct web research without detection. Proxy.com’s products are primarily marketed in North America, Europe, and parts of Asia, ensuring broad reach to users who require reliable and efficient proxy services.Proxy.com generates revenue through a structured subscription model, offering tiered pricing plans that cater to different user needs. Clients typically engage in monthly or annual subscriptions, allowing access to various levels of service based on their requirements. Transactions often involve businesses purchasing access to the proxy network for data scraping and anonymity, crucial for competitive analysis and digital marketing efforts. Premium offerings may include additional features such as dedicated IP addresses or enhanced speed, providing tailored solutions to meet operational demands.Following its acquisition by Oura Health Ltd. in May 2023, Proxy, Inc. plans to leverage its resources to enhance its product offerings and expand its market presence. The company aims to innovate new proxy solutions that align with Oura's consumer wearables technology. The rationale behind the acquisition is to accelerate innovation and strengthen Oura's leadership position in the smart ring market. Proxy is also targeting growth in new geographic markets, specifically in Asia and Europe, with plans for implementation over the next two years.

## Funding rounds

- Series B, Mar 16, 2020, $42M — Kleiner Perkins, Scale Venture Partners, Silicon Valley Bank, Y Combinator, West Venture Partners
- Series A, Mar 27, 2019, $14M — Kleiner Perkins, Coatue Management, Y Combinator, WeWork Companies Inc.
- Seed, Aug 22, 2016, $1.6M — Y Combinator, Blackbird, Zillionize Angel, Startive Ventures, Friále
- Seed, Oct 30, 2015, $1.6M — Blackbird

## Investors

- Blackbird (https://capitalatlas.ai/funds/blackbird) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A, Series B
- Zillionize Angel (https://capitalatlas.ai/funds/zillionize-angel) — Seed
- Startive Ventures — Seed
- Friále (https://capitalatlas.ai/funds/friale) — Seed
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A
- WeWork Companies Inc. — Series A
- Scale Venture Partners (https://capitalatlas.ai/funds/scale-venture-partners) — Series B
- Silicon Valley Bank — Series B
- West Venture Partners (https://capitalatlas.ai/funds/west-venture-partners) — Series B