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Proxima Analysis: $12M Raised

What is Proxima?

Proxima is a predictive data intelligence platform that helps consumer brands find new customers and maximize marketing performance. Their unique approach leverages extensive data insights to lower acquisition costs and increase customer lifetime value. This enables brands to grow profitably and scale their marketing efforts effectively.
Founded
2022
Industry
MarTech, AdTech, Data Analytics
Free Plan Availability
Yes
Latest Funding Amount
$12,000,000
Latest Funding Round Size
$12.0M
Selfserve Signup
Yes

Product Features & Capabilities

  • Programmatic Audiences for DSPs
  • Data-enriched Paid Social Audiences for Meta
  • Predictive CAPI for Meta
  • DTC transactional insights
  • AI-driven customer insights and analytics.

How much Proxima raised

Funding Round - $12.0M

Recent

Homepage Pricing

Proxima offers a transparent pricing structure with a free tier called "Starter" at $0/month, which includes features like Customer Explorer and LTV analysis. There is also a "Pro" package available for brands needing custom analytics and paid media support, which comes with a 30-day trial. Additionally, pricing for AI Audiences is based on usage, typically starting at $1,000/month. The pricing page emphasizes transparency with the statement "Only pay for the audiences you use."

Gtm Strategy

Proxima employs a hybrid go-to-market (GTM) strategy that incorporates elements of both product-led growth (PLG) and sales-led approaches.

Upon analyzing Proxima's website, several key aspects of their GTM strategy emerged. The homepage prominently features options for potential customers to engage with the product, including a free trial, which indicates a self-service approach typical of PLG. This allows users to explore the platform without immediate sales pressure. Additionally, there is a "Login" option, suggesting an existing user base that can access the product directly.

However, the pricing information is not fully transparent on the homepage, requiring users to visit a dedicated pricing page. This suggests a more traditional sales-led approach, as it may indicate that pricing discussions could involve sales representatives, especially for larger enterprise deals. The presence of customer testimonials highlights successful case studies, which often reflect structured sales cycles and executive buy-in, further supporting the sales-led aspect of their strategy.

Proxima also invests in educational resources, such as a blog and help center, which cater to self-service learning, a hallmark of PLG. This dual focus on self-service access and structured sales processes indicates a hybrid model that aims to optimize for both rapid user adoption and high-touch relationships.

Overall, Proxima's strategy reflects a balance between enabling users to quickly engage with their product while also providing avenues for deeper, more personalized sales interactions, catering to both small teams and larger enterprises.

Reported Clients

  1. Obvi - Utilized Proxima's predictive intelligence to scale Meta ads by over 50% and reduce customer acquisition costs (CAC) by 20%.
  2. The Noli Shop - Achieved a 59% increase in return on ad spend (ROAS) and a 37% decrease in cost per acquisition (CPA) using Proxima's AI Audiences.
  3. BUBS Naturals - Experienced a 54% lift in ROAS and a 10% reduction in CAC through targeted audience strategies provided by Proxima.
  4. C4 Energy - Scaled Meta ads by 50% and lowered CPAs by 20% with the help of Proxima's AI Audiences.
  5. SolaWave - Found Proxima's audience solution to be the only effective targeting method for their specific needs.

Find more companies like Proxima

US Series A startups

Financial Overview

$12MTotal Raised
Funding Round$12.0M
Recent
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