General Catalyst backs Proximal at $300M valuation as revenue tops $200M

San Francisco-based Proximal emerged from stealth with $15 million in seed funding led by General Catalyst at a $300 million valuation. The coding data startup said its annualized revenue has surpassed $200 million just 10 months after launch.

• Seed round of $15 million led by General Catalyst
• Startup valued at $300 million
• Annualized revenue topped $200 million in 10 months
• Proximal has 40 employees