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- Proxymity
Proxymity Funding, Investors & Competitors
Proxymity has raised $135M across 7 funding rounds, most recently a strategic investment round in February 2026.
Last Proxymity funding round
Strategic investment
Amount undisclosed · Feb 2026
Cumulative funding Proxymity raised
$135M
across 7 funding rounds
Key investors in Proxymity
JPMorgan Chase
Citi Ventures
Deutsche Bank
BNY Mellon
State Street
Computershare
Deutsche Börse
Clearstream
About Proxymity
Proxymity is a London-headquartered fintech platform that digitizes investor communications, facilitating real-time proxy voting and shareholder disclosures between issuers, intermediaries, and investors. It connects with over 100 custodians and agents globally, processing millions of voting instructions annually. The system integrates with platforms like Broadridge and serves major exchanges in Europe and Asia, reducing manual errors in corporate actions and annual general meetings.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Proxymity Funding History
Proxymity has raised a total of $135M across 7 funding rounds.
Proxymity's first fundraising round was a $21M Series A in May 2020. The most recent completed round was a strategic investment round in February 2026.
Proxymity funding rounds
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2026 | Strategic investment | Euroclear (lead) | - | Proxymity operates a digital platform specializing in investor communications, proxy voting, and shareholder transparency. Euroclear took a minority ownership position in Proxymity on February 26, 2026, also becoming a key client to integrate Proxymity’s solutions for corporate governance and shareholder actions. This strategic investment aims to accelerate digital technologies for custodians, transfer agents, and market operators, enhancing efficiency in global securities transactions including bonds, stocks, derivatives, and funds. The partnership supports Proxymity’s growth following its Series C fundraising, focusing on streamlining operations, reducing costs, improving compliance, and boosting stakeholder engagement. Euroclear plans to incorporate Proxymity’s instant digital features to cut operational hurdles, speed up voting, and improve communications across diverse markets. Proxymity’s CEO Dean Little and Euroclear’s representative highlighted the commitment to simplifying workflows and elevating governance tools. This move aligns with industry digitization trends, positioning Euroclear and Proxymity to set standards for speed and reliability in investor communications while expanding to more regions and asset types. |
| Jul 2025 | Series C | Mitsubishi UFJ Trust & Banking (lead) | $36M | Proxymity is a UK-based digital investor communications platform that provides real-time, transparent solutions for proxy voting and shareholder disclosure, connecting issuers, intermediaries, and investors to enhance accuracy, transparency, and speed in corporate governance and shareholder engagement. The company closed a $36 million Series C funding round on July 17, 2025, led by Mitsubishi UFJ Trust and Banking Corporation (MUTB), a leading Japanese transfer agent representing 20 of Japan's top 30 listed companies by market capitalization as of June 30, 2025. MUTB joined Proxymity's global consortium of investors, which includes major custody banks, transfer agents, and securities market infrastructure providers such as BNP Paribas, BNY, Citi, Clearstream, Computershare, JP Morgan, and State Street. The funding follows a previous $26 million raise in February 2025 supported by existing backers and will be used to accelerate development of Proxymity's market-leading technology, particularly in proxy voting and shareholder disclosure, while expanding into the Asia-Pacific region with a strategic focus on Japan. This partnership with MUTB aims to deliver next-generation digital solutions to Japanese publicly listed companies, addressing evolving regulatory, governance, and stakeholder expectations. Proxymity's CEO Dean Little highlighted the investment as enabling continued technology build-out and APAC growth, describing the MUTB collaboration as a catalyst for scaling impact. MUTB's Managing Executive Officer Taku Shimizu praised Proxymity's innovative real-time solutions for redefining investor communications. The round strengthens Proxymity's position in modernizing global investor communications through strategic partnerships and technological innovation, positioning it to support publicly listed companies beyond traditional markets. |
| Feb 2025 | Undisclosed stage | BNY Mellon; Clearstream; Citigroup; JPMorgan Chase; State Street; BNP Paribas; Computershare | $26M | Proxymity is a digital investor communication platform that provides real-time transparency, efficiency, and accuracy in proxy voting, shareholder disclosure, and investor communications processes. On February 11, 2025, it secured a $26 million growth funding commitment from existing investors including BNP Paribas, BNY Mellon, Citi, Clearstream, Computershare, J.P. Morgan, and State Street. This round follows recent product launches like Vote Connect Global, Vote Connect Total North America, and Investor Portal Platform, enabling worldwide voting coverage with direct execution, including in the US, up-to-market deadlines, golden source meeting data, and real-time vote execution. The funding will support technology enhancements and geographic expansion amid increasing adoption by investors, intermediaries, issuers, and issuer agents for real-time vote tracking and streamlined shareholder communications. Investors highlighted Proxymity's proven track record, market adoption, and potential to improve shareholder experiences. Prior funding includes rounds totaling approximately $77-98 million across multiple investments, with a $15 million round in May 2022. Proxymity operates in the financial services sector focused on investor communications, competing in a space requiring cutting-edge technology for global proxy and voting solutions. |
| Apr 2022 | Series B | Mediant (lead); Deutsche Bank; Citi Ventures | $15M | Proxymity is a London-based fintech developing a digital investor communications platform that connects issuers, intermediaries, and investors via a proprietary digital network for real-time proxy voting and automated shareholder disclosures. The platform originated as a Citi spinoff in 2020, launched in the UK in 2018, and operates hubs in Manchester, Melbourne, and Tel Aviv. Proxymity closed its Series B round at $52 million on April 12, 2022, with Mediant Communications Inc. as the latest investor alongside Citi Ventures and Deutsche Börse Group contributing $15 million in the final tranche. The round started with $31 million in December 2021 from BNY Mellon, Citi, Computershare, Deutsche Bank, J.P. Morgan, and State Street, later extended to include BNP Paribas and Mediant. Mediant led the specified investment tranche, supporting Proxymity's North American expansion and product growth. The funding aims to expand Proxymity's product footprint, enhance technology for transparency and efficiency in proxy voting and investor communications, and support geographic growth across regions including the US, Australia, Europe, and others. |
| Mar 2022 | Series B | BNP Paribas Securities Services (lead); BNY Mellon; Deutsche Börse; Deutsche Bank; JPMorgan Chase; State Street; Computershare; Citi Ventures | $6M | Proxymity is a digital investor communications platform connecting issuers, intermediaries, and investors for proxy voting, shareholder disclosure, and real-time communications. On March 23, 2022, BNP Paribas Securities Services invested $6 million to extend its Series B round, bringing total funding to $37 million. Original consortium investors BNY Mellon, Citi, Computershare, Deutsche Bank, Deutsche Börse, J.P. Morgan, and State Street also participated. BNP Paribas plans to adopt the platform in multiple markets as the ninth major global financial institution in the consortium. Proxymity uses the funds to expand its platform in key global markets for end-to-end digital investor communications. Since its April 2020 launch, Proxymity provided digital access to over 12,000 meetings in over 25 markets worldwide. |
| Dec 2021 | Series B | Citi Ventures (lead); BNY Mellon; Deutsche Börse; Deutsche Bank; JPMorgan Chase; State Street; Computershare | $31M | Proxymity is a UK-based digital investor communications platform originally incubated at Citi and spun out in April 2020, connecting issuers, intermediaries, and investors through a proprietary network for real-time transparent proxy voting, shareholder disclosures, and meeting announcements without manual intervention. Launched in the UK in 2018 via a pilot with Computershare, it provides 'golden source' data enabling voting up to market deadlines, adding up to six extra days for decision-making compared to legacy solutions. By December 2021, Proxymity had delivered significant growth since launch, offering digital access to over 12,000 meetings across 29 worldwide markets, with hubs in London, Manchester, Melbourne, and R&D in Tel Aviv. On December 17, 2021, Proxymity announced a $31 million Series B funding round from its original consortium of strategic investors: BNY Mellon, Citi, Computershare, Deutsche Bank, Deutsche Börse, J.P. Morgan, and State Street, with Citi Ventures highlighted in involvement. The round, described as a second-round investment, was led by participation from these incumbents confirming commitment to Proxymity's vision for enhancing global investor communications. Funds were earmarked to expand product capabilities and market footprint. This $31M round later extended to a total $52M Series B by April 2022 with additional $15M from Mediant, Citi Ventures, and Deutsche Börse, followed by further commitments like $26M in February 2025 from similar investors including BNP Paribas and Clearstream, and a £36M ($~46M equivalent) Series C with Mitsubishi UFJ. |
| May 2020 | Series A | Citi Ventures (lead); BNY Mellon; HSBC; Clearstream; Deutsche Bank; JPMorgan Chase; State Street; Computershare | $21M | Proxymity is a digital investor communications platform that connects issuers, intermediaries, and investors in real-time for proxy voting, shareholder disclosure, and related processes. Originally developed within Citi’s Institutional Clients Group through its D10X innovation program and launched in the UK in 2018 via a pilot with Computershare, it spun out as an independent London-based entity in April/May 2020. On May 5, 2020, Proxymity raised $20.5 million in a strategic funding round from a consortium of financial industry leaders including BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan, and State Street, with Citi Ventures involved from the start. The capital was intended to scale the platform and team, build out investor communications capabilities, and expand services to a wider client base and geographies. The round marked Proxymity's transition to independence, leveraging the consortium's global custodian and issuer agent networks for instant access to leading investors and companies. Co-founders Dean Little and Jonathan Smalley, former Citi custody product experts, led the spin-out, emphasizing innovation in addressing issuer and investor pain points like transparency and efficiency in voting and communications. Citi highlighted the platform's potential, noting its rapid development and market testing in the UK and Australia prior to the spin-out. Post-round, Proxymity continued growth with subsequent financings, including a $31 million Series B in December 2021 from original consortium members (BNY Mellon, Citi, Computershare, Deutsche Bank, Deutsche Börse, J.P. Morgan, State Street), followed by additional Series B closings totaling $52 million with investors like Mediant and further participation from Citi Ventures and Deutsche Börse. Later rounds included $36 million Series C and $26 million growth funding in 2025 from existing backers. By 2021, the platform provided digital access to over 12,000 meetings in 25-29 markets worldwide, with a team exceeding 100 employees. |
Who has invested in Proxymity?
15 investors have backed Proxymity across its funding rounds, including JPMorgan Chase, Citi Ventures, Deutsche Bank, BNY Mellon, State Street and Computershare.
Lead investors include Euroclear, Mitsubishi UFJ Trust & Banking, Mediant, BNP Paribas Securities Services and Citi Ventures.
Proxymity Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Participant | May 2020 | ||
| 4 | Participant | May 2020 | ||
| 4 | Participant | May 2020 | ||
| 4 | Participant | May 2020 | ||
| 4 | Participant | May 2020 | ||
| 4 | Lead | May 2020 | ||
| 2 | Participant | May 2020 | ||
| 2 | Participant | Dec 2021 | ||
| 1 | Lead | Jul 2025 | ||
| 1 | Participant | May 2020 | ||
| 1 | Participant | Feb 2025 | ||
| 1 | Lead | Feb 2026 | ||
| 1 | Participant | Feb 2025 | ||
This data is available for Pro users. Sign up to see all 15 Proxymity investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialProxymity Competitors
Proxymity competitors include listed companies like Wolters Kluwer and Shanghai DZH, and private ones like Capitolis, Branch, Qontigo and 9fin.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.6B | - | ||
| Publicly listed | $7.1B | $2.5B | $18B | 3.1x | ||
| Private | - | - | $4B | - | ||
| Private | - | - | $3.5B | - | ||
| Publicly listed | $123M | ($545K) | $2.4B | - | ||
| Private | - | - | $1.3B | - |
Proxymity Public Comps
Proxymity is still privately-owned, but its public comps include Palantir, ServiceNow, S&P Global, Intercontinental Exchange, Datadog, Moody's, RELX, London Stock Exchange Group, Strategy and Nasdaq.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $4.5B | $1.5B | 92.6x | 58.1x | 285.0x | 97.4x | |||
| $13B | $2.6B | 11.1x | 9.6x | 57.2x | 25.0x | |||
| $15B | $7.7B | 8.9x | 9.1x | 17.6x | 17.3x | |||
| $13B | $6.6B | 8.2x | 9.7x | 15.8x | 14.4x | |||
| $3.4B | ($588K) | 23.6x | 19.4x | (137813.0x) | 77.6x | |||
| $7.7B | $3.8B | 11.2x | 10.6x | 22.5x | 20.1x | |||
| $13B | $4.9B | 5.5x | 5.3x | 14.4x | 13.2x | |||
| $13B | $5.9B | 5.5x | 5.4x | 11.6x | 10.6x | |||
This data is available for Pro users. Sign up to see all Proxymity competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Proxymity
| When was Proxymity founded? | Proxymity was founded in 2020. |
| Where is Proxymity headquartered? | Proxymity is headquartered in London, United Kingdom. |
| Is Proxymity publicly listed? | No, Proxymity is a private, VC-backed company. |
| How much funding has Proxymity raised? | Proxymity has raised $135M across 7 funding rounds. |
| What was Proxymity's last funding round? | Proxymity's last funding round was a strategic investment round in February 2026, led by Euroclear. |
| Who are Proxymity's investors? | Proxymity's investors include BNY Mellon, Deutsche Bank, JPMorgan Chase, State Street, Computershare, Citi Ventures, Clearstream, Deutsche Börse, Mitsubishi UFJ Trust & Banking, HSBC and 5 others. |
| Which companies are comparable to Proxymity? | Companies comparable to Proxymity include Capitolis, Wolters Kluwer, Branch, Qontigo, Shanghai DZH and 9fin. |
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