F-Prime Capital led financing, joined by Questa Capital, Eight Roads, and Maverick Ventures
Proximie, a health technology platform company focused on digitising operating and diagnostic rooms, announced the completion of its $38 million Series B equity financing. The round was led by F-Prime Capital, with participation from new investors Questa Capital, Eight Roads, Maverick Ventures, and the support of existing investors Global Ventures, BECO Capital and Cedar Mundi Ventures.
Proximie’s mission is to save lives by sharing the world’s best clinical practices. The platform combines human expertise with the power of augmented reality (AR), machine learning (ML), artificial intelligence (AI) and advanced telecommunications.
Proximie will use the proceeds to accelerate its expansion in the U.S. and European markets. Significant investment will be directed toward commercial efforts, including new technology implementations, in addition to research and development.
The company was founded by Dr. Nadine Hachach-Haram FRCS (Plastics) – (B.E.M., British Empire Medal), in 2016. Proximie is building a network of operating rooms, where every interaction is captured, digitised, catalogued, and analysed. By digitising surgery, Proximie can accelerate adoption of best practices and help to create better patient outcomes.
Proximie has enjoyed rapid growth over the last 12 months, having conducted over 10,000 surgical interactions in 300 hospitals in over 40 countries.
Commenting on the investment, Dr. Nadine Hachach-Haram, CEO and Founder of Proximie, said: “We are delighted to be working with this distinguished group of new investors and are thrilled by the continued support from our existing shareholders. This investment will fuel our growth and gives our platform the opportunity to revolutionise an important area of unmet need in the healthcare sector. We aim to have a profound impact on surgeons and the patients they treat through connected surgical care, making care more efficient, effective, affordable and accessible. Over the last twelve months, Proximie has grown exponentially, especially in the U.S., and we are enormously excited to continue our development so we can democratise access to the best possible healthcare worldwide.”
Jon Lim, Partner at F-Prime Capital, said: “Proximie is poised to become a clear global leader in digitising surgery, with the platform’s value increasing as each new user and operating room joins the network. Nadine’s vision, informed by her ongoing work as a surgeon, has attracted and guided a stellar team with the potential to create one of the most connected, efficient, and impactful digital surgery networks in the world.”
Ryan Drant, Founder and Managing Partner at Questa Capital, added, “Proximie is generating outstanding commercial momentum and their platform offers a compelling value proposition to numerous key stakeholders including surgeons, patients, hospitals and medical device manufacturers. We are pleased to join forces with Nadine and her outstanding team at Proximie to support their rapid expansion.”
Ambar Bhattacharyya, Managing Director at Maverick Ventures, stated, “We’re excited to support Proximie as the company continues to grow, especially in the U.S. market. Nadine and the Proximie team’s work to digitise surgery is revolutionary and has already shown tremendous progress in advancing patient outcomes. Proximie’s blend of human expertise and cutting-edge technology is driving positive change in the way operating rooms work.”
Scott Huennekens, advisor to Nadine and the Board of Directors, commented:
“To have secured investment from the likes of F-Prime, Questa, Eight Roads and Maverick, along with the support of existing shareholders, is a huge achievement for the team at Proximie. The future of healthcare will be shaped by innovative technology and Proximie is at the forefront of this movement. Not only does this investment validate Nadine’s forsight, vision and operational execution, it also reflects the market opportunity for Proximie’s innovative platform to revolutionise global healthcare.”