Latest news with #AlexSong
Business Wire
16-05-2025
- Business
- Business Wire
Proxima Partners with Narrative To Launch New Direct-To-Consumer (DTC) Segments For Programmatic
NEW YORK--(BUSINESS WIRE)-- Proxima, a data intelligence software company that empowers marketing teams to scale customer acquisition profitably, today announced the launch of their unique DTC segments in the data marketplaces of popular DSPs, including The Trade Desk and Yahoo. Programmatic advertisers and agency traders can now seamlessly activate digital advertising campaigns against high-value, unmodeled, 100% deterministic DTC consumer segments within their preferred DSP. With over $20 billion in verified eCommerce data powering our audience models, Proxima now delivers deterministic DTC segments on The Trade Desk and Yahoo—putting razor-sharp targeting within every brand's reach. Share Launched in 2022, Proxima is building the world's largest DTC commerce graph. Their predictive models analyze over $20B in eCommerce transactions and 64 million anonymized shopper profiles to help marketers reach and convert high-value customers across their advertising ecosystem with unparalleled efficiency. In partnership with Narrative, the leading data collaboration platform, Proxima is extending their AI-powered targeting capabilities to programmatic campaigns. Advertisers can locate Proxima's DTC segments by simply searching 'Proxima' in their DSP's data marketplace. They can then select from a variety of segments organized by retail vertical, buyer behavior, and other eCommerce attributes to target premium consumers, drive more paid media revenue, and reduce wasted spend. "Brands and agencies are increasingly prioritizing eCommerce and transaction data across their marketing channels to drive better outcomes," said Alex Song, CEO of Proxima. 'Our clients have leveraged Proxima's targeting tech to optimize over $500M in Meta campaigns – delivering exceptional ROI on paid social. Working with a partner like Narrative now enables us to extend our high-impact targeting capabilities to programmatic advertisers.' According to Narrative sources, the early market reception to Proxima's segments has been extremely positive. "In just its first few weeks of launching on the DSP marketplaces, the Proxima datasets have generated revenues 4x higher than anyone we've onboarded. Their data is highly curated and accurate. The rapid adoption of their DTC segments demonstrates advertisers' strong interest in reaching this segment of consumers," says Tim Mahlman, CEO of Narrative. About Proxima Proxima is transforming the consumer technology landscape and giving B2C businesses the data they need to make informed decisions that drive superior marketing performance. Proxima is a first-of-its-kind data intelligence solution that securely leverages artificial intelligence and a proprietary data network to enable businesses to achieve greater scale, efficiency, and financial success across their acquisition, retention, and full customer lifecycle marketing. Their mission is to be the essential intelligence platform for powering marketing performance for all consumer businesses. Learn more about Proxima here. Search 'Proxima' in the 3rd party marketplace on The Trade Desk and Yahoo to start acquiring high-LTV customers.
Business Wire
15-05-2025
- Business
- Business Wire
Proxima Joins Truthset Data Collective, Validating Best‑in‑Class Data Quality
NEW YORK--(BUSINESS WIRE)-- Proxima, a data intelligence software company that helps marketing teams scale customer acquisition profitably, today announced it has joined the Truthset Data Collective, a group of leading businesses empowering the marketing industry to act on data with the highest degree of quality. By joining the Data Collective, Proxima reinforces its commitment to data accuracy, reliability, and security. Validated. Verified. Vetted. Proxima's data platform is now Truthset-approved and meets the industry's highest standard for accuracy, quality, and reliability. Share Truthset, the leading data validation company, formed the Data Collective to provide an agnostic, independent platform for businesses to share and benchmark the accuracy of their marketing data. As data-driven marketing has become crucial for brands to reach consumers, the Data Collective is a multi-sourced arbiter to standardize data accuracy for audience targeting and media measurement. Launched in 2022, Proxima is building an AI-powered marketing platform trained on the world's largest DTC commerce graph. Their predictive models analyze over $20B in eCommerce transactions and 64 million anonymized shopper profiles to help marketers reach and convert high-value customers across their advertising ecosystem with unparalleled efficiency. As a newly minted member of the Truthset Data Collective, Proxima has received the highest caliber of data validation, ensuring its unique dataset meets the industry-leading standards of quality and accuracy. "Brands and agencies are increasingly prioritizing retail and transaction data across their marketing channels to drive better outcomes," said Alex Song, CEO of Proxima. 'Proxima has unlocked a significant and highly valuable area of DTC commerce through our unique data intelligence, empowering marketers to achieve new heights of performance. Joining the Truthset Data Collective is essential to our vision as it reinforces our commitment to providing high-quality, trustworthy data intelligence that drives better results for our partners and the industry." 'Proxima's approach to DTC commerce delivers a unique set of data intelligence solutions to the market,' said Scott McKinley, CEO of Truthset. 'We're excited to welcome them to the Data Collective and look forward to collaborating to raise the bar for data accuracy across the marketing industry.' This partnership reinforces Proxima's commitment to data quality, giving its partners confidence that its consumer datasets are reliable, accurate, and effective in supporting the precision and profitability of their data-driven marketing strategies. Proxima's induction into the Data Collective follows the recent launch of their DTC segments for programmatic advertising, now available in the data marketplaces of popular DSPs including The Trade Desk and Yahoo. Programmatic advertisers and agency traders can now seamlessly activate digital ad campaigns against Proxima's high-value, unmodeled, 100% deterministic DTC consumer segments within their preferred DSP. About Proxima Proxima is transforming the consumer technology landscape and giving B2C businesses the data they need to make informed decisions that drive superior marketing performance. Proxima is a first-of-its-kind data intelligence solution that securely leverages artificial intelligence and a proprietary data network to enable businesses to achieve greater scale, efficiency, and financial success across their marketing stack. Their mission is to be the essential intelligence platform for powering marketing performance for all consumer businesses. Learn more about Proxima here. About Truthset Truthset is the leading consumer data validation company. The company helps brands build trust in data, and improve the performance of any data-driven decision. Truthset does not sell data and is not a data broker; it compiles a likelihood of truth for any individual record that can be used to validate the accuracy of data and power more accurate consumer interactions. Truthset was founded in 2019 by industry veterans from Nielsen, Salesforce, LiveRamp, and Procter & Gamble. Truthset is funded by venture investors. The company is headquartered in San Francisco. Learn more about Truthset here.
