Investor communications platform Proxymity has raised $26 million in funding from existing investors, including BNP Paribas, BNY, Citi, Clearstream, Computershare, JPMorgan, and State Street.
Originally established within Citi, Proxymity was spun off as an independent entity in 2020. The company offers proxy voting, shareholder disclosure, and investor communications services to a growing clientele of fund managers and custodians.
This funding comes shortly after the launch of Proxymity’s Vote Connect Global and Vote Connect Total North America products, as well as their Investor Portal Platform. These tools empower investors and intermediaries to vote at general meetings worldwide, featuring up-to-date voting deadlines, accurate meeting information, and real-time vote execution.
Dean Little, co-founder and CEO of Proxymity, noted that the rising interest from investors and intermediaries has prompted issuers and their agents to engage with the platform. This engagement enables real-time voting tracking and improved communication with shareholders.
“We look forward to leveraging this momentum to further our growth and to deliver exceptional value to our clients and stakeholders,” he remarked.