Completely Remote Startup Proxifile Closes $2.3 Million in Angel Funding | Business
SAN FRANCISCO – (BUSINESS WIRE) – Nov. June 2021–
Proxifile, creator of the world’s first Claims-as-a-Service platform that helps companies and people resolve monetary and property claims, has closed $ 2.3 million in angel funding.
Based in Might 2020 on the peak of the COVID-19 pandemic, Proxifile is a totally distant startup with headquarters within the Bay Space and workers in Taiwan, Eire, Finland, Vancouver, Washington, DC and Pennsylvania.
Regardless of the locks, the totally different time zones, and the overall uncertainty of time, Proxifile has grown. It launched its chapter product and efficiently accomplished its Angel funding spherical, led by senior know-how managers together with Reid Hoffman (Founding father of LinkedIn), Andy Cohen (SVP of Gross sales at Invoice.com), Matt Humphrey (CEO of LendingHome), Harvey Golub (former CEO of American Categorical), Lloyd Lobo (founding father of Boast.ai) and Ryan Gilbert (founding father of Launchpad Capital).
“Proxifile has recognized a big and pressing want for collectors who’re underserved in as we speak’s market – to sort out the problems of chapter and convey claims reduction into the digital age,” mentioned Ryan Gilbert, founding father of Launchpad Capital.
Different buyers embrace prime executives from NerdWallet, Kiva, Wag, OneFinance, Airkit, Gentem Well being, Snowflake, BlueVista and Tencent in addition to Darwin Ventures, Quiet Enterprise Fund and companions of Rally Ventures and Fenway Summer season Ventures.
This funding allows Proxifile to broaden its chapter claims providing from Beta to a nationwide rollout and start increasing to property claims for particular person homeowners and managers.
“Proxifile was created to assist folks and companies reclaim their money owed,” mentioned CEO and co-founder Cassindy Chao Bierhaus. “For many busy folks, making claims is simply too sophisticated. And due to the various guidelines and necessities, one misstep can imply you’ll lose your cash. Proxifile was developed to assist the common individual navigate these sophisticated processes on the push of a button – and to make the complete course of clear and comprehensible. “
Proxifile helps people and companies owed cash navigate the sophisticated authorized claims course of. As the primary “Claims as a Service” firm, Proxifile combines in-depth know-how with modern know-how as a way to create a degree taking part in discipline for historically uncared for smaller collectors. By automating compliance and transparency, Proxifile is revolutionizing the best way claims are dealt with.
So far, a lot of the Proxifile workforce have but to satisfy in individual. Cassindy tells the story of dashing to the airport shortly after he was employed to have lunch with Gene Ho, the product supervisor, to make that non-public connection earlier than taking his flight to Europe.
The corporate additionally had some adventurous Zoom calls, together with a bar hop by way of Helsinki for a nightcap (or three) or a meet from the highest of the 5000 12 months outdated Neolithic Irish passage chamber tomb, Fourknocks in County Meath, Eire.
With in depth authorized, finance and know-how expertise, the Proxifile workforce is dedicated to growing a spread of services that put compliance, accountability and accessibility on the forefront of claims litigation.
“With a purpose to efficiently implement monetary and asset claims, numerous compliance necessities should first be met. Small companies do not have an enormous compliance division, so we began Proxifile, ”mentioned Neil Peretz, Co-Founder and Normal Counsel of Proxifile.
Proxifile is an instance of how an organization can overcome all obstacles and achieve success by way of modern considering and using all accessible instruments.
ABOVE
Proxifile was based in 2020 by Cassindy Chao Bierhaus, an funding banking veteran from Bear Stearns, JP Morgan and Goldman Sachs. and Neil Peretz, legal professional and entrepreneur who co-founded the Workplace of Enforcement on the Shopper Monetary Safety Bureau and served as litigation legal professional within the company and finance division of the US Division of Justice.
View supply model on businesswire.com: https://www.businesswire.com/information/residence/20210628005024/en/
CONTACT: Anthony Duignan-Cabrerabr
Media contact
1 (510) 255-0698
anthony@proxifile.com
KEYWORD: UNITED STATES NORTH AMERICA CALIFORNIA
INDUSTRY KEYWORD: PROFESSIONAL SERVICES TECHNOLOGY SMALL COMPANY LEGAL HUMAN RESOURCES SOFTWARE
SOURCE: Proxifile
Copyright Enterprise Wire 2021.
PUB: 6/28/2021 1:00 p.m. / DISC: 6/28/2021 1:00 p.m.
http://www.businesswire.com/information/residence/20210628005024/en
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