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Proxima AI Raises $12 Million In Series A Financing

Proxima, a software company specializing in data intelligence, has recently secured a $12 million Series A funding round. The funding was led by Mucker Capital, with participation from Aglae Ventures, Great Oaks Venture Partners, and other investors. Proxima's main focus is to provide AI-powered solutions that assist consumer technology businesses in improving customer acquisition, increasing customer lifetime value, and optimizing marketing efforts.

Since its launch in May 2022, Proxima has experienced remarkable growth. Their revenue has increased by over 400%, and they have established a network of more than 12,000 B2C connections. The platform utilizes advanced AI models and a vast network of over 65 million unique and anonymous shopper profiles. This enables Proxima to offer valuable insights and precise targeting for their clients. Their services include efficiently scaling paid media across various advertising platforms, enhancing customer retention and lifetime value, and providing industry benchmarks for strategic insights.

Proxima was founded by experienced individuals in the fields of eCommerce and marketing technology. Their goal is to address the challenges faced by consumer technology companies, such as privacy restrictions and economic uncertainties. The Founder and CEO of Proxima, Alex Song, is a serial entrepreneur and a former Goldman Sachs employee. With his expertise and a data-driven approach, Proxima aims to help brands accelerate and maximize their marketing performance.

Read More - https://www.techdogs.com/tech-news/business-wire/proxima-ai-raises-12-million-in-series-a-financing