ProAxion Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 10

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 13

ProAxion General Information

Description

Developer of a predictive software tool designed to define the industrial Internet of Things (IoT) by preventing the unexpected failure of mission-critical machines. The company's tool helps to predict the average life and the time intervals by which the industrial machines and systems need to be repaired, enabling companies to maximize the up-time and overall competitiveness of industrial manufacturing facilities.

Contact Information

Website
www.proaxion.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Other Industries
Electronic Equipment and Instruments
Media and Information Services (B2B)
Corporate Office
  • 107 Kilmayne Drive
  • Suite B
  • Cary, NC 27511
  • United States
+1 (877) 000-0000

ProAxion Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

ProAxion Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 16-Aug-2022 00.000 Completed Generating Revenue
7. Later Stage VC 07-Apr-2022 Cancelled Generating Revenue
6. Seed Round 25-Feb-2022 00.000 00.000 000.00 Completed Generating Revenue
5. Later Stage VC 09-Jul-2020 000.00 00000 Completed Generating Revenue
4. Seed Round 18-Sep-2017 00000 00000 00.000 Completed Startup
3. Grant 01-Mar-2016 0000 Completed Startup
2. Angel (individual) 20-Dec-2015 Completed Startup
1. Accelerator/Incubator 03-Dec-2015 Completed Startup
To view ProAxion’s complete valuation and funding history, request access »

ProAxion Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Seed II-B 000,000 00.000000 00.0 00.0 00 00.0 0.000
Seed II-A 000,000 00.000000 00.00 00.00 00 00.00 0.000
Seed II-C 32,548 $0.000100 $3.32 $3.32 1x $3.32 1.22%
Seed 397,977 $0.000100 $2.2 $2.2 1x $2.2 14.88%
To view ProAxion’s complete cap table history, request access »

ProAxion Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a predictive software tool designed to define the industrial Internet of Things (IoT) by preventing the une
Business/Productivity Software
Cary, NC
10 As of 2023
00.000
0000000000 0 00.000

000000

elit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupida
00000 000 0000000000
Charlottesville, VA
00 As of 0000
00.000
0000000000 0 00.000

000000

nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit
0000000000 000000000
Leuven, Belgium
0 As of 0000
00000
00000 0000-00-00
0000000000 0 00000
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

ProAxion Competitors (4)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
TwinThread Venture Capital-Backed Charlottesville, VA 00 00.000 0000000000 0 00.000
VersaSense Venture Capital-Backed Leuven, Belgium 0 00000 0000000000 0 00000
Petasense Venture Capital-Backed San Jose, CA 00 00.000 00000000000 00.000
Fluke Process Instruments Corporate Backed or Acquired Everett, WA 000000&0
To view ProAxion’s complete competitors history, request access »

ProAxion Patents

ProAxion Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10697822-B2 Devices, methods and computer program products providing multi-axis vibrational measurement with predictive analysis Active 31-Jan-2017 00000000 0
US-20180216990-A1 Devices, methods and computer program products providing multi-axis vibrational measurement with predictive analysis Active 31-Jan-2017 00000000 0

ProAxion Executive Team (3)

Name Title Board Seat Contact Info
Eric Murray Chief Executive Officer, President & Board Member
Justin Rothwell Co-Founder, Chief Product Officer & Board Member
You’re viewing 2 of 3 executive team members. Get the full list »

ProAxion Board Members (6)

Name Representing Role Since
Bruce Boehm Self Board Member 000 0000
Eric Murray ProAxion Chief Executive Officer, President & Board Member 000 0000
Justin Rothwell ProAxion Co-Founder, Chief Product Officer & Board Member 000 0000
Peter Bourne Self Board Member 000 0000
Timothy Mulhere Self Board Member 000 0000
You’re viewing 5 of 6 board members. Get the full list »

ProAxion Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

ProAxion Investors (13)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Atlanta Technology Angels Angel Group Minority 000 0000 000000 0
Front Porch Venture Partners Fund of Funds Minority 000 0000 000000 0
Tamiami Angel Funds Angel Group Minority 000 0000 000000 0
2ndF Family Office Minority 000 0000 000000 0
Triangle Tweener Fund Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 13 investors. Get the full list »

ProAxion FAQs

  • When was ProAxion founded?

    ProAxion was founded in 2015.

  • Who is the founder of ProAxion?

    Elliot Poger and Justin Rothwell are the founders of ProAxion.

  • Who is the CEO of ProAxion?

    Eric Murray is the CEO of ProAxion.

  • Where is ProAxion headquartered?

    ProAxion is headquartered in Cary, NC.

  • What is the size of ProAxion?

    ProAxion has 10 total employees.

  • What industry is ProAxion in?

    ProAxion’s primary industry is Business/Productivity Software.

  • Is ProAxion a private or public company?

    ProAxion is a Private company.

  • What is ProAxion’s current revenue?

    The current revenue for ProAxion is 00000.

  • How much funding has ProAxion raised over time?

    ProAxion has raised $2.54M.

  • Who are ProAxion’s investors?

    Atlanta Technology Angels, Front Porch Venture Partners, Tamiami Angel Funds, 2ndF, and Triangle Tweener Fund are 5 of 13 investors who have invested in ProAxion.

  • Who are ProAxion’s competitors?

    TwinThread, VersaSense, Petasense, and Fluke Process Instruments are competitors of ProAxion.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »
  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »