About Praxis
Praxis, an accelerator and incubator program founded in 2011, is based in New York City, United States. With a presence in 21 countries, it has supported around 254 startups in sectors like Enterprise Applications, Consumer. As of Oct 2026, Praxis has witnessed 12 portfolio exits. Most notable companies in
its portfolio include CloudFactory, PortX and Ampd. The program is backed by a team of 18 people who primarily support Grant (prize money) startups based in United States. Its latest investment was a $1.04M Seed round in Aro on Oct 20, 2023.
Key Metrics
Founded Year
2011
Location
New York City, United States
Portfolio Companies
Sectors of Investment
Stages of Investment
Grant (prize money), Seed & 2 more
Locations of Investment
Praxis' List of Top Investments
Praxis has a portfolio of 254 companies. Their most notable investments are in Goalbook and Remedy.Their portfolio spans across United States, Nigeria, Kenya and 18 more locations. They have invested in Enterprise Applications, Consumer, Retail and 29 other sectors, across stages such as Grant (prize money), Seed and 2 more. Here is the list of top investments by Praxis:1. CloudFactory
Provider of AI consulting and platform solutions. It offers a human-in-the-loop AI data platform that enables companies to develop and sustain reliable AI models by providing high-quality data at scale. The platform provides expertise in data labeling, annotation, and model monitoring services.
Key facts about CloudFactory
- Founded Year: 2010
- Location: Raleigh (United States)
- Stage: Series C
- Total Funding till date: $78.1M
- Employee Count: 4,012 as on Aug 31, 2026
- Investors: Weatherford Capital, FTV Capital and 6 Others
- Latest Funding Round: Series C, Nov 20, 2019, $*****
- Highlight: Editors' Pick
2. PortX
Cloud-based transaction management platform for businesses. Provides API tools to automate B2B transactions. It claims to automate transactions related to Invoices, Purchase Orders, Shipping Notices, and more through EDI, XML, APIs, and more. The cloud-based platform offers transaction reporting through dashboard.
Key facts about PortX
- Founded Year: 2016
- Location: Mercer Island (United States)
- Stage: Series C
- Total Funding till date: $26.6M
- Employee Count: 97 as on Aug 31, 2026
- Investors: FUSE, EJF Investments and 10 Others
- Latest Funding Round: Series C, Oct 21, 2025, $*****
- Highlight: Editors' Pick
3. Ampd
Connecting brand media to retail commerce for enterprise CPG. It is an enterprise adtech solution that connects offsite paid advertising (on platforms like Meta, TikTok and Google) to commerce success at top retailers (like Amazon and Walmart). Agentic shoppable media from the company enables intelligent routing from paid ads to retailer checkout. The company integrates retail commerce signals back into ad channels to enable outcome-optimized media buying for brands and agencies.
Key facts about Ampd
- Founded Year: 2015
- Location: Seattle (United States)
- Stage: Seed
- Total Funding till date: $3.61M
- Employee Count: 40 as on Aug 31, 2026
- Investors: HEDA Ventures, TMD Ventures and 10 Others
- Latest Funding Round: Seed, Mar 12, 2018, $*****
4. Kadence
SaaS-driven space management solution for commercial spaces. It offers features that include desk scheduling, room booking, people coordination, multiple active users management, space analytics, space utilization metrics, interactive floor plan management, employee management, floor management, parking space management, booking history management, customer experience manager, and more. Their apps are available on Android & iOS devices.
Key facts about Kadence
- Founded Year: 2021
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $30.2M
- Employee Count: 108 as on Aug 31, 2026
- Investors: Kickstart Fund, Hewlett Packard Pathfinder and 23 Others
- Latest Funding Round: Series A, Jul 22, 2025, $*****
- Highlight: Editors' Pick
Provides digital signage for retail advertising. Its product, a digital storytelling network, provides a network of grocery based tablets. It is designed to play videos to reveal the people, processes, and impact on select brands. It provides digital displays for proximity marketing and customer retention. Its clients are LoneRider, Chapel Hill Toffee, Carolina Brewery and Grill, Mati, and Seal the Seasons.
Key facts about The Looma Project
- Founded Year: 2015
- Location: Durham (United States)
- Stage: Series B
- Total Funding till date: $30M
- Employee Count: 66 as on Aug 31, 2026
- Investors: SVB, Staley Capital Management and 4 Others
- Latest Funding Round: Conventional Debt, Dec 16, 2025, $*****
- Highlight: Editors' Pick
Praxis' Year-on-Year Investment Trends
Praxis has invested in 254 companies over the last 14 years, with an average of 16 new investments annually in the last 10 years. Its most recent first time investment was in Aro and most recent follow-on round was in BiG.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 34 | 0 | 34 |
2022 | 20 | 0 | 20 |
2021 | 23 | 0 | 23 |
2020 | 11 | 0 | 11 |
2019 | 22 | 0 | 22 |
2018 | 26 | 0 | 26 |
2017 | 24 | 0 | 24 |
Praxis' Investments by Stage
Praxis has made 125 investments in Grant (prize money) stage with an average round size of $50K, 116 investments in Seed stage with an average round size of $108K, 7 investments in Series A stage with an average round size of $50K and 1 investment in Series B stage with an average round size of $50K.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 125 |
Seed | 116 |
Series A | 7 |
Series B | 1 |
Note: We have considered here, only first round of investments
Praxis' Investments by Sector
Praxis has a diverse portfolio, with companies operating in the Nonprofits, Enterprise Applications, Consumer, Retail and Education. Notably, it has invested in 91 Tech companies, 60 Consumer (B2C) companies, 55 Enterprise (B2B) companies and at least 48 companies focusing on Software.Sector | No. of Investments |
|---|---|
Nonprofits | 75 |
Enterprise Applications | 39 |
Consumer | 35 |
Retail | 21 |
Education | 17 |
Others | 145 |
Note: We have considered here, only first round of investments
Praxis' Investments by Geography
Praxis has made most investments in United States (212), followed by Nigeria where it has made 5 investments.Country | No. of Investments |
|---|---|
United States | 212 |
Nigeria | 5 |
Kenya | 3 |
Uganda | 3 |
United Kingdom | 3 |
Others | 18 |
Note: We have considered here, only first round of investments
Praxis' recent investments
Praxis has not made any investment in 2026 so far.Here are the most recent investments by Praxis:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 20, 2023 | United States | Seed | 2393 | - | |
2023 | United States | Grant (prize money) | 6769 | - | |
2023 | United States | Seed | 1628 | - | |
2023 | United States | Seed | 7576 | - | |
2023 | United States | Grant (prize money) | 9130 | - |
Acquired companies in Praxis' Portfolio
12 companies from Praxis' portfolio have been acquired. The most recent acquisition was Whiteboard in Jul 2026 by RKD Group for $*****.Here are Praxis' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 27, 2026 | 2020 | Seed | 7853 | |
Apr 07, 2026 | 2020 | Seed | 4305 | |
Jan 26, 2023 | 2016 | Seed | 6150 | |
Aug 04, 2022 | 2020 | Seed | 9159 | |
Feb 22, 2022 | 2019 | Seed | 8834 |
Team profile of Praxis
Praxis has a team of 18 members including 8 Partners and 3 Venture Partners located in United States. Praxis' team sits on the board of 1 company.Here is a list of top team members in Praxis:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | Swarthmore | - | ||
Partner | New York City | - | ||
Partner | Beaver Falls | |||
Partner | Indianapolis | - | ||
Partner | New York City | - | ||
Partner | Kansas City | - | ||
Partner | Austin | - | ||
Venture Partner | San Francisco | - | - | |
Venture Partner | Santa Cruz | - | - | |
Venture Partner | Brooklyn | - |
Co-investors of Praxis
Over the past 14 years, 265 investors have co-invested in Praxis's portfolio companies. This includes funds and angels.
- Invested before Praxis: Techstars, Y Combinator and 145 others have invested in rounds before Praxis. There are 4 companies where Techstars has invested before Praxis and 3 companies where Y Combinator has invested before Praxis.
- Invested after Praxis: A total of 118 investors have invested in Praxis's portfolio after their investments. Top Investors include Cubit Capital (3 companies) and Sovereign's Capital (2 companies).
Recent News related to Praxis
•
Boston startup raises seed round to speed up microfluidic manufacturingThe Business Journals•Nov 07, 2024•Parallel Fluidics, J2 Ventures, 8VC, Praxis and 3 others
•
Prodport Announces $3.6M in Funding to Transform Product Detail PagesPR Newswire•Mar 30, 2022•Prodport, Praxis, Exuberance Capital
•
Morgan Stanley Chooses 9 Startups for 4th Cohort of Innovation LabFinSMEs•Apr 13, 2020•Morgan Stanley, Windpact, TeleTails, SoHookd and 6 others
