Proxy

About Proxy

Proxy, Inc., established in 2016 by Denis Mars and Simon Ratner, has developed a digital identity platform centered on mobile-based access control. The company's core offering is a universal mobile pass that grants employees access to buildings, elevators, and turnstiles using their smartphones, aiming to replace the traditional physical key cards and fobs. This system operates via a proprietary signal technology that detects a user's presence, allowing for a frictionless, hands-free entry experience. Beyond physical access, the platform extends to digital authentication, enabling secure login to computers and software with a tap of the user's phone, which enhances security by providing a verifiable link between a digital user and a physical person. The company's business model is business-to-business (B2B), targeting corporate clients who are looking to modernize their physical security infrastructure and streamline access management for their employees. Revenue is likely generated through a combination of hardware sales for the necessary readers and a recurring software-as-a-service (SaaS) subscription for the management platform and mobile credentials. Proxy's technology also includes features for visitor management and health and safety signal collection, such as verifying vaccination status or recent health checks before granting entry, a feature that gained relevance in recent years. The company has secured significant venture capital funding, including a $42 million Series B round led by Scale Venture Partners, to fuel its expansion and product development efforts. Keywords: digital identity, access control, mobile credentials, physical security, B2B, SaaS, workplace technology, identity and access management, smart buildings, authentication