Broadway Venture Partners is excited to announce our investment in Proxima, a company that's taking on the biggest problem facing advertisers today – the deprecation of third-party cookies 🍪. Since launching in May 2022, they've grown revenues by 400%! Proxima helps brands, retailers, and advertisers leverage first-party data to unlock profitable growth. Why does this matter? 🍪 Third-party cookies are gone. iOS removed cookies in 2021, and Google is set to deprecate cookies in 2024. 🔒 80% of consumers are opting out of being tracked. 💸 Meta lost $10B+ of ad revenues due to the removal of third-party cookies. 🦄 This presents a massive opportunity to build a generational company tackling a $400B digital ad industry. We are thrilled to partner with Alex Song on this journey, alongside Mucker Capital, AGLAÉ VENTURES , Data Point Capital, Great Oaks Venture Capital, Connexa Capital, and FirstLook Partners. Read more about Proxima and our investment here: https://lnkd.in/eCqGj8JE
Broadway Venture Partners
Venture Capital and Private Equity Principals
Empowering change-makers who redefine the possibilities of commerce.
About us
We invest in early-stage commerce software startups and give them exclusive access to our enterprise customer network to help them dominate sales.
- Website
-
broadwayvp.com
External link for Broadway Venture Partners
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Type
- Privately Held
- Founded
- 2024
- Specialties
- Enterprise Software and Venture Capital