About Proxy Ventures
Proxy Ventures is a venture capital firm founded in 2013. It is primarily based out of London, United Kingdom. As of Nov 2022, Proxy Ventures has invested in 23 companies. It primarily invests in Seed round in Finland based startups. Its investments are spread across a wide range of sectors from HealthTech to Consumer and High Tech. Most recently it participated in the $***** Seed round of Fives Lives Overall, Proxy Ventures portfolio has seen 1 unicorn, 1 IPO and 3 acquisitions including key companies like Oura, Supercell and Peak. A lot of funds co-invest with Proxy Ventures, with names like Index Ventures sharing a substantial percentage of its portfolio. Proxy Ventures has team of 3 people including 2 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series B
Portfolio IPOs
Portfolio Unicorns
Portfolio Soonicorns
Proxy Ventures' List of Top Investments
Proxy Ventures has a portfolio of 23 companies, one of which is a Unicorn. Their most notable investments are in Paptic and Fy.Their portfolio spans across United Kingdom, Finland, United States and 2 more locations. They have invested in HealthTech, Consumer, High Tech and 14 other sectors, across stages such as Seed, Series B stages. Here is the list of top investments by Proxy Ventures:1. Oura
Developer of a smart ring for sleep, fitness, stress, and health. The ring collects personal health metrics and insights through biometric readings. It focuses on wellness, longevity, activity, fitness, heart health, women's health, and stress management. The device is designed for comfortable, continuous wear to provide data-driven health awareness.
Key facts about Oura
- Founded Year: 2013
- Location: Oulu (Finland)
- Annual Revenue: €100M - €500M as on Sep 30, 2024
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $1.32B
- Employee Count: 1,535 as on Jul 31, 2026
- Investors: Goldman Sachs, Fidelity Investments and 71 Others
- Latest Funding Round: Series E, Jul 17, 2026, $*****
- Highlight: Editors' Pick
2. Supercell
Mobile game developer focusing on mid-core games. The games developed are Clash of clans, Boom beach, Brawl stars, Hay day, and many more. The games are available on iOS and Android platforms. It monetizes through in-app purchases and ads.
Key facts about Supercell
- Founded Year: 2010
- Location: Helsinki (Finland)
- Annual Revenue: €1B+ as on Dec 31, 2023
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $143M
- Employee Count: 2,753 as on Jul 31, 2026
- Investors: Index Ventures, Atomico and 17 Others
- Latest Funding Round: Series B, Apr 17, 2013, $*****
- Highlight: Acquired
3. Peak
Provider of brain training application for kids. The platform uses brain games and puzzles to improve memory, focus, problem-solving, mental agility, and language skills. It offers cognitive brain training with games and personalized brain training workouts from experts The app also offers performance reviews and analytics based on how well the user is doing and helps users set personalized goals for themselves.
Key facts about Peak
- Founded Year: 2012
- Location: London (United Kingdom)
- Stage: Acquired
- Total Funding till date: $8.2M
- Employee Count: 1 as on Jul 31, 2026
- Investors: Qualcomm Ventures, Creandum and 15 Others
- Latest Funding Round: Series A, Apr 16, 2015, $*****
- Highlight: Acquired
4. Festicket
Online outdoor tours & activities booking platform. Their services include live music concerts, where users can book a full package for the festival trip including festival tickets, flight, train, shuttle, and hotel bookings.
Key facts about Festicket
- Founded Year: 2012
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2018
- Stage: Public
- Total Funding till date: $55.1M
- Employee Count: 8 as on Jul 31, 2026
- Investors: #adm ventures, Rancilio Cube SICAF and 46 Others
- Latest Funding Round: Series D, Sep 02, 2019, $*****
- Highlight: Public
5. Fy
Online retailer and discovery platform for multi-category products. The product catalog includes fashion, electronics, stationery, art, beauty, and more. It offers free shipping worldwide.
Key facts about Fy
- Founded Year: 2014
- Location: Berlin (Germany)
- Valuation: $*****
- Stage: Series A
- Total Funding till date: $20.8M
- Employee Count: 392 as on Jul 31, 2026
- Investors: Independents United, Hoxton Ventures and 61 Others
- Latest Funding Round: Series A, Mar 07, 2023, $*****
Proxy Ventures' Year-on-Year Investment Trends
Proxy Ventures has invested in 23 companies over the last 11 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Fives Lives.Proxy Ventures' Investments by Stage
Proxy Ventures has made 7 investments in Seed stage with an average round size of $2.23M and 1 investment in Series B stage with an average round size of $8.98M.Stage of entry | No. of Investments |
|---|---|
Seed | 7 |
Series B | 1 |
Note: We have considered here, only first round of investments
Proxy Ventures' Investments by Sector
Proxy Ventures has a diverse portfolio, with companies operating in the FinTech, Blockchain - Industry Applications, Blockchain Technology, Consumer and Enterprise Applications. Notably, it has invested in 19 Consumer (B2C) companies, 19 Tech companies, 9 Software companies and at least 6 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
FinTech | 2 |
Blockchain - Industry Applications | 1 |
Blockchain Technology | 1 |
Consumer | 1 |
Enterprise Applications | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Proxy Ventures' Investments by Geography
Proxy Ventures has made most investments in Finland (3), followed by United Kingdom where it has made 2 investments.Country | No. of Investments |
|---|---|
Finland | 3 |
United Kingdom | 2 |
Estonia | 1 |
Germany | 1 |
Ireland | 1 |
Note: We have considered here, only first round of investments
Proxy Ventures' recent investments
Proxy Ventures has not made any investment in 2026 so far.Here are the most recent investments by Proxy Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Nov 15, 2022 | United Kingdom | Seed | 8787 | [+5] | |
Nov 20, 2018 | United Kingdom | Seed | 4363 | [+5] | |
Mar 31, 2016 | Germany | Seed | 2307 | - | |
Mar 23, 2016 | Ireland | Series B | 3156 | [+1] | |
Jun 11, 2015 | Finland | Seed | 1733 | [+2] |
Unicorns in Proxy Ventures' Portfolio
Proxy Ventures has 1 unicorn in its portfolio - Oura. The most recent unicorn in their portfolio is Oura which became a unicorn in 2022, 4 years before Proxy Ventures first invested in it.Here is a list of unicorns in Proxy Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
79 | Developer of a smart ring for sleep, fitness, stress, and health | 2013 | Oulu | Series E | poujwyc |
IPOs and Publicly Listed companies in Proxy Ventures' Portfolio
1 of Proxy Ventures' portfolio company became public - Festicket.Here are Proxy Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 8546 |
Acquired companies in Proxy Ventures' Portfolio
3 companies from Proxy Ventures' portfolio have been acquired. The most recent acquisition was 8fit in Feb 2022 by Withings for $*****.Here are Proxy Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 02, 2022 | - | - | 4744 | |
Mar 01, 2021 | - | - | 2198 | |
Jun 21, 2016 | - | - | 8161 |
Team profile of Proxy Ventures
Proxy Ventures has a team of 3 members including 2 Partners located in United Kingdom and French Polynesia. Proxy Ventures' team does not sit on the board of any company as of now.Co-investors of Proxy Ventures
Over the past 11 years, 37 investors have co-invested in Proxy Ventures's portfolio companies. This includes funds and angels.
- Invested before Proxy Ventures: Frontline Ventures, Enterprise Ireland and 1 other have invested in rounds before Proxy Ventures. There is 1 company where Frontline Ventures has invested before Proxy Ventures and 1 company where Enterprise Ireland has invested before Proxy Ventures.
- Top Co-investors of Proxy Ventures: 16 investors entered a company along with Proxy Ventures. These include investors like Index Ventures (2 companies).
- Invested after Proxy Ventures: A total of 18 investors have invested in Proxy Ventures's portfolio after their investments. Top Investors include 500 Global (1 company), Hoxton Ventures (1 company) and Robvc (1 company).
Recent News related to Proxy Ventures
•
Argent, a smart crypto wallet app with a banking look, raises $4M from Euro VCsTechCrunch+•Nov 20, 2018•Argent, Index Ventures, Creandum, Firstminute Capital and 2 others
•
CurrencyFair scores further €8M for p2p currency exchange – TechCrunchTechCrunch+•Mar 23, 2016•CurrencyFair, Octopus Ventures, Proxy Ventures, Frontline Ventures and 1 other
•
•
New Mobile Game Developer Ministry Raises €1.8M Seed To Build A Dream Games TeamTechCrunch+•Jun 11, 2015•Ministry of Games, Index Ventures, Initial Capital, Sunstone and 1 other
•
myHealthPal raises $700K for Parkinson's monitoring app | MobiHealthNewsMobiHealthNews•Mar 30, 2015•myHealthPal, Proxy Ventures
•
•
•
•