State Street Corporation is a leading provider of financial services to institutional investors, operating globally across more than 100 geographic markets.
Mediant led the latest financing alongside participation from Citi Ventures and Deutsche Börse Group.
"We are pleased to support Proxymity and their transformative platform for global proxy voting and disclosure, as they work to bring the benefits of digital investor communications to the industry as a whole."
The investment round was backed by a consortium of major financial institutions including BNY Mellon, Citi, and Computershare.
"We’re delighted to announce this successful round of fundraising, both in terms of the confidence our investors have shown in us, and in accessing new funds to fuel our significant global momentum. We continue to work closely with all our founding consortium members, and together, the Proxymity team is delivering on our vision, changing the industry ecosystem for the better."
The strategic funding round was backed by eight major financial institutions including BNY Mellon, Citi, Clearstream, Computershare, Deutsche Bank, HSBC, J.P. Morgan, and State Street.
"We’re extremely proud of what Proxymity has achieved so far within Citi since we developed the platform in 2017. To date, Proxymity has supported over 3,000 shareholder meetings and, after successful pilots, we’ve fully launched the platform in the UK, Germany, The Netherlands, Belgium, Austria, and Australia, as well as a pilot in Spain,"
