Proxima AI, a NYC-based data intelligence software startup, has raised $12M in Series A funding. The round was led by Mucker Capital with participation from Aglae Ventures, Great Oaks Venture Partners, Data Point Capital, Broadway Venture Partners, FirstLook Partners, and Connexa Capital.

The fresh capital will be utilized to accelerate product development and expand Proxima AI's data intelligence platform, enabling businesses to extract valuable insights from their data. The company aims to grow its engineering team and establish a stronger market presence.