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§ Private Profile · Oakland, CA, USA
Proxifile is a technology company.
Proxifile develops a technology platform that employs robotic process automation to automate complex legal claims management. Specifically, the company's core product assists creditors in navigating intricate bankruptcy proceedings to recover funds owed to them. This approach streamlines traditionally manual and opaque legal processes, enhancing efficiency and ensuring procedural clarity for its users.
The company was founded in March 2020 by CEO Cassindy Chao and co-founder Neil Peretz. Their foundational insight stemmed from recognizing the significant inefficiencies and challenges that individuals and businesses faced when attempting to manage legal claims, particularly within the convoluted landscape of bankruptcies. Chao and Peretz set out to create an automated system to simplify this critical but often overlooked area.
Proxifile serves individuals and businesses that are creditors, providing them with a more straightforward and transparent pathway to manage their legal entitlements. The company's long-term vision centers on delivering a scalable technological solution that guarantees fair treatment and full transparency for all parties involved in legal claims management, ultimately improving the recovery experience for creditors.
Proxifile has raised $2.0M across 1 funding round.
Proxifile has raised $2.0M in total across 1 funding round.
Proxifile has raised $2.0M in total across 1 funding round.
Proxifile's investors include Accelerator Ventures, Amplo, Blumberg Capital, CSC Venture Capital, First Bight Ventures, Flex Capital, Floodgate, Founders' Co-op, Greylock, ICONIQ Capital, IDG Ventures, Launchpad Capital.
Proxifile has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in March 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2021 | $2M Seed | — | Accelerator Ventures, Amplo, Blumberg Capital, CSC Venture Capital, First Bight Ventures, Flex Capital, Floodgate, Founders' Co OP, Greylock, ICONIQ Capital, IDG Ventures, Launchpad Capital, Lazerow Ventures, Long Journey Ventures, Meritech Capital Partners, MS&AD Ventures, PivotNorth Capital, PruVen Capital, Quiet Capital, Radical Ventures, Rally Ventures, Alexander Rosen, Sinai Ventures, Staenberg Venture Partners, The General Partnership, Visionaire Ventures, Y Combinator, Charlie Songhurst, Immad Akhund, Jeremy Lizt, Samvit Ramadurgam, Scott Banister, Scott Faber | Announced |
Proxifile is a fully remote technology startup that operates as the first “Claims as a Service” company, helping individuals and businesses owed money navigate complex legal claims processes.[2] It targets the insurance and legal tech sectors, solving pain points in recovering funds through streamlined services, and recently secured $2.3 million in angel funding, signaling strong early growth momentum.[2][3]
The company serves creditors facing bureaucratic hurdles in claims filing, offering an accessible alternative to traditional legal navigation. Its tech stack includes tools like Cloudflare for security and DNS management, Font Awesome for UI, and others totaling 24 technologies, enabling scalable, remote operations.[1][3]
Proxifile emerged as a completely remote startup addressing gaps in the legal claims ecosystem, though specific founder details and exact founding year remain undisclosed in available records. The idea likely stemmed from observing widespread challenges for individuals and businesses in pursuing owed funds amid convoluted legal procedures.[2]
A pivotal early moment was closing $2.3 million in angel funding, which validated its model as the pioneering “Claims as a Service” provider and fueled initial scaling in a remote-first environment.[2] This traction highlights rapid progress from concept to funded venture.
Proxifile rides the legal tech (LegalTech) wave, where digitization of claims and dispute resolution is accelerating amid rising demand for efficient, consumer-friendly alternatives to courts and insurers. Timing aligns with post-pandemic remote work norms and growing angel investment in proptech-adjacent services, favoring scalable SaaS models like “Claims as a Service.”[2]
Market forces such as increasing small claims volumes, regulatory pressures on insurers, and AI-driven automation in legal processes work in its favor. By democratizing claims access, Proxifile influences the ecosystem, potentially reducing barriers for everyday users and pressuring incumbents to innovate.
Proxifile's $2.3 million angel round positions it for product expansion, team growth, and market penetration in LegalTech.[2] Upcoming trends like AI-enhanced claims prediction and blockchain for dispute verification could supercharge its offerings, while partnerships with insurers might evolve its role from disruptor to embedded service.
Its influence may grow by setting standards for remote, service-based legal tools, amplifying impact as claims digitization scales—echoing its core mission to simplify recovery for the owed.