Proximity provides an intelligent automation platform that centralizes 340B program data from wholesalers, third‑party administrators, and EHR systems into a single hub. The platform performs complex data transformations and applies a continuous rules engine to surface missed revenue, improve compliance, and mitigate duplicate‑discount risk. Proximity’s pilots have improved 340B program values by an average of 20%, and one customer (SIHF Healthcare) recovered more than $2 million in 11 months, a nearly 15% increase in 340B revenue. The company launched publicly in February 2025 from Chicago and will demonstrate its platform at the 340B Coalition Winter Conference. Proximity says the funding will accelerate product development and broader deployment to help safety‑net providers streamline administration across pharmacy, finance, and compliance functions.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Feb 2025