About Proxima
Proxima is a company based in London (United Kingdom) founded in 1994 was acquired by Bain & Company in May 2022. It operates as a Professional Services, and Managed Services. Proxima has raised $100 million across 1 funding round from investors including Bain & Company and STEP Ventures. Proxima has completed 3 acquisitions, including ADG Creative, ArcBlue and Meronimi. Proxima offers products and services including Cost Transformation, Capability Transformation, Sustainable Procurement, and Specialist Support. Proxima operates in a competitive market with competitors including Efficio, Radhakrishna Foodland, Anantara Solutions, Bristlecone and cKinetics, among others.
- Headquarter London, United Kingdom
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Sectors
Business ServicesTransportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Proxima Group
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Annual Revenue
$43.71 (USD)-98as on Dec 31, 2018
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Net Profit
$-11.74 K (USD)2as on Dec 31, 2015
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EBITDA
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Total Equity Funding
$100 M (USD)
in 1 rounds
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Latest Funding Round
$100 M (USD), Private Equity Round
May 28, 2018
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Investors
Bain & Company
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
ADG Creative
& 2 more
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Acquired by
Bain & Company
(May 31, 2022)
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Products & Services of Proxima
Proxima offers a comprehensive portfolio of products and services, including Cost Transformation, Capability Transformation, Sustainable Procurement, and Specialist Support. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cost optimization strategies are developed for better value achievement.
Procurement models are built to enhance organizational impact.
Sustainability goals are supported through strategic procurement planning.
Expertise is provided for specific or complex projects.
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Funding Insights of Proxima
Proxima has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $100 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Private Equity Round — $100.0M
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First Round
First Round
(28 May 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Private Equity Round - Proxima | Valuation | STEP Ventures |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Proxima
Proxima has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Bain & Company and STEP Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Management consulting and digital transformation services are offered globally.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Proxima
Proxima has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ADG Creative, ArcBlue and Meronimi. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Construction management services are delivered from Melbourne, Australia.
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2013 | ||||
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Social media analytics are provided for monitoring brands and suppliers.
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2013 | ||||
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Provider of website & application design, branding, content marketing, and video production services
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1991 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Proxima
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Proxima Comparisons
Competitors of Proxima
Proxima operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Efficio, Radhakrishna Foodland, Anantara Solutions, Bristlecone and cKinetics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Procurement Consulting Firm
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| domain | founded_year | HQ Location |
Tech-enabled cold supply chain solutions and logistics services are provided.
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| domain | founded_year | HQ Location |
IT service suite solutions and digital transformation services are provided.
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| domain | founded_year | HQ Location |
Supply chain services are provided via an AI-enabled platform.
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| domain | founded_year | HQ Location |
Offers sustainability strategy advisory, information products, and incubation capital services worldwide.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Proxima
Frequently Asked Questions about Proxima
When was Proxima founded?
Proxima was founded in 1994 and raised its 1st funding round 24 years after it was founded.
Where is Proxima located?
Proxima is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Is Proxima a funded company?
Proxima is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $100M, raised on May 28, 2018.
What is the annual revenue of Proxima?
Annual revenue of Proxima is $43.71 as on Dec 31, 2018.
What does Proxima do?
Proxima is established as a leading global procurement and supply chain consultancy within the Bain procurement ecosystem. Services are provided to major businesses across various industries, including aviation, technology, healthcare, and retail. Solutions are focused on cost transformation, capability building, sustainable procurement, and specialist support. Challenges related to cost, capability, and sustainability are addressed through strategic sourcing and innovative program delivery. Bold ideas are transformed into measurable results for clients worldwide.
Who are the top competitors of Proxima?
Proxima's top competitors include Radhakrishna Foodland, Bristlecone and Efficio.
What products or services does Proxima offer?
Proxima offers Cost Transformation, Capability Transformation, Sustainable Procurement, and Specialist Support.
How many acquisitions has Proxima made?
Proxima has made 3 acquisitions, including ADG Creative, ArcBlue, and Meronimi.
Who are Proxima's investors?
Proxima has 2 investors. Key investors include Bain & Company, and STEP Ventures.
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