Proximie Funding, Investors & Competitors

Proximie has raised $118M across 2 funding rounds, most recently a $80M Series C in June 2022.

Last Proximie funding round

$80M

Series C · Jun 2022

Cumulative funding Proximie raised

$118M

across 2 funding rounds

Key investors in Proximie

  • F-Prime
  • Eight Roads Ventures
  • Maverick Ventures
  • Global Ventures
  • Questa Capital Management
  • SoftBank Group
  • Mubadala
  • Emerson Collective

Proximie Overview

About Proximie

Proximie is a London-headquartered health technology company founded in 2016 that provides an augmented reality platform for remote surgical guidance. Surgeons use AI and machine learning to mentor procedures in real-time across operating theaters globally. The system records sessions for training and has partnerships with NHS hospitals and US providers.


Founded

2016

HQ

United KingdomLondon

Status

Privately held

Customer focus

B2B

Revenue model

Subscription, Licensing

Proximie Funding History

Proximie has raised a total of $118M across 2 funding rounds.

Proximie's first fundraising round was a $38M Series B in April 2021. The most recent completed round was a $80M Series C in June 2022.

Proximie funding rounds

Proximie funding rounds
DateStageInvestorsRaisedDeal Summary
Jun 2022Series CAdvent Life Sciences (lead); Emerson Collective; Minderoo Foundation; SoftBank Group; F-Prime; Maverick Ventures; British Patient Capital; Eight Roads Ventures; Mubadala; Global Ventures; Questa Capital Management$80MProximie is a health technology company providing a platform that digitally connects operating rooms, enabling virtual collaboration, real-time data sharing, training, and postoperative content management to create an intelligent digital layer for surgical care. The Series C round on June 14, 2022, raised $80 million led by Advent Life Sciences, with new investors Emerson Collective, SoftBank Vision Fund 2, British Patient Capital, Mubadala Investment Company, and Minderoo Foundation, alongside existing investors F-Prime Capital, Eight Roads, Questa Capital, Global Ventures, and Maverick Ventures. This brought total funding to $130 million since inception. Proceeds were allocated to accelerate product development, expand the marketplace ecosystem, and scale the Operating System for the Operating Room, supporting preoperative planning, real-time collaboration, and postoperative tools to save time, reduce costs, and improve outcomes in over 500 hospitals across 100 countries. The platform aims to democratize surgical expertise by connecting ORs and Cath Labs globally, driven by pandemic-accelerated demand for remote capabilities. Founder and CEO Nadine Hachach-Haram emphasized digitizing the OR to deliver collective surgeon expertise worldwide.
Apr 2021Series BEight Roads Ventures (lead); F-Prime (lead); Maverick Ventures (lead); Questa Capital Management (lead); BECO Capital; Cedar Mundi Ventures; Global Ventures$38MProximie is a London-based health technology platform company focused on digitizing operating and diagnostic rooms through augmented reality, machine learning, and artificial intelligence. The platform enables surgeons to virtually 'scrub in' to remote operating rooms, allowing real-time collaboration across geographic boundaries. It combines human expertise with AR, ML, and advanced telecommunications to create what the company describes as a 'borderless operating room' where surgical interactions are captured, digitized, catalogued, and analyzed to accelerate adoption of best practices. In April 2021, Proximie closed a $38 million Series B equity financing round led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads Ventures, and Maverick Ventures, alongside existing investors Global Ventures, BECO Capital, and Cedar Mundi Ventures. The company reported rapid growth in the 12 months preceding the funding, having conducted over 10,000 surgical interactions across 300 hospitals in more than 40 countries. The proceeds were allocated to accelerate expansion in U.S. and European markets, with significant investment directed toward commercial efforts and technology implementations alongside research and development. The platform's low-bandwidth capability makes it deployable in major health systems as well as rural or low-resource hospitals where connectivity may be limited, addressing a major barrier to surgical telehealth adoption.

Who has invested in Proximie?

13 investors have backed Proximie across its funding rounds, including F-Prime, Eight Roads Ventures, Maverick Ventures, Global Ventures, Questa Capital Management and SoftBank Group.

Lead investors include Advent Life Sciences, Eight Roads Ventures, F-Prime, Maverick Ventures and Questa Capital Management.


Proximie Investors

Investors in Proximie by funding rounds participated
InvestorHQRoundsRoleFirst check
F-PrimeUnited StatesUnited States2LeadApr 2021
Maverick VenturesUnited StatesUnited States2LeadApr 2021
Eight Roads VenturesUnited KingdomLondon2LeadApr 2021
Global VenturesUAEDubai2ParticipantApr 2021
Questa Capital ManagementUnited StatesSan Francisco, CA2LeadApr 2021
BECO CapitalUAEDubai1ParticipantApr 2021
Emerson CollectiveUnited StatesSan Francisco, CA1ParticipantJun 2022
Minderoo FoundationAustraliaPerth1ParticipantJun 2022
SoftBank GroupJapanTokyo1ParticipantJun 2022
Advent Life SciencesUnited KingdomLondon1LeadJun 2022
Cedar Mundi VenturesLebanonBeirut1ParticipantApr 2021

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Proximie Competitors

Proximie competitors include listed companies like Max Healthcare Institute and Oscar Health, and private ones like Devoted Health, Ping An Good Doctor, Ro and WeDoctor.

Public and private companies comparable to Proximie
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Devoted HealthUnited StatesBoston, MAPrivate$3.3B-$13B4.0x
Max Healthcare InstituteIndiaIndiaPublicly listed$858M$232M$10B10.2x
Oscar HealthUnited StatesUnited StatesPublicly listed$12B($391M)$9.9B0.4x
Ping An Good DoctorChinaShenzhenPrivate$271M-$8.8B32.5x
RoUnited StatesNew York City, NYPrivate$598M-$7B11.7x
WeDoctorChinaHangzhouPrivate$139M-$7B50.4x

Proximie Public Comps

Proximie is still privately-owned, but its public comps include Meta, BOE, Unity, Max Healthcare Institute, Oscar Health, Snap, Hims, Orbbec, Ping An Healthcare and JMDC.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Meta$201B$104B8.8x7.4x17.0x12.7x
BOE$31B$7B1.7x1.6x7.5x7.3x
Unity$1.8B($18M)10.0x8.8x(1025.6x)30.5x
Max Healthcare Institute$858M$232M12.6x10.2x46.5x36.8x
Oscar Health$12B($391M)0.5x0.4x(15.9x)12.8x
Snap$5.9B($300M)1.9x1.7x(37.1x)9.8x
Hims$2.3B$178M3.1x2.4x40.4x23.9x
Orbbec$140M$23M38.8x29.3x237.6x157.8x

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Common questions about Proximie

When was Proximie founded?Proximie was founded in 2016.
Where is Proximie headquartered?Proximie is headquartered in London, United Kingdom.
Is Proximie publicly listed?No, Proximie is a private, VC-backed company.
How much funding has Proximie raised?Proximie has raised $118M across 2 funding rounds.
What was Proximie's last funding round?Proximie's last funding round was a $80M Series C in June 2022, led by Advent Life Sciences.
Who are Proximie's investors?Proximie's investors include F-Prime, Maverick Ventures, Eight Roads Ventures, Global Ventures, Questa Capital Management, BECO Capital, Emerson Collective, Minderoo Foundation, SoftBank Group, Advent Life Sciences and 3 others.
Which companies are comparable to Proximie?Companies comparable to Proximie include Devoted Health, Max Healthcare Institute, Oscar Health, Ping An Good Doctor, Ro and WeDoctor.

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