General Catalyst Backs Coding Data Startup Proximal As It Reaches Revenue Milestone

The Information | 29-09-2026 04:07pm |

Proximal, a San Francisco-based coding data startup, has emerged from stealth with $15 million in seed funding led by General Catalyst at a $300 million valuation. The company, co-founded by Calvin Chen and Justus Mattern, has surpassed $200 million in annualized revenue within 10 months of operation. The startup focuses on providing data for AI models in software engineering.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.