PRXY Co.

What PRXY Co. does

PRXY Co. is a privately held SaaS company, founded in 2022 and headquartered in New York, that operates an intelligent fund administration platform purpose-built for the EB-5 Immigrant Investor Program. The platform serves three primary customer segments: EB-5 Regional Centers (the designated sponsors of investment projects), Job Creating Entities or JCEs (project developers receiving capital), and New Commercial Enterprises or NCEs (fund issuers deploying investor capital), with secondary users including immigration law firms, family offices, and EB-5 investors themselves. PRXY addresses compliance and operational pain points arising from the EB-5 Reform and Integrity Act, including segregated capital account management, prevention of fund commingling, I-956G annual reporting, I-829 petition support, job creation documentation, and USCIS audit readiness across the multi-year EB-5 investment lifecycle from subscription through redeployment and capital return.

The core product consists of the PRXY web-based administration platform and the PRXY Client Portal (portal.prxyco.com), supported by integrated modules for investor subscription and onboarding, RIA-compliant fund controls with digital signatures and dual-signature workflows, USCIS-ready automated reporting, lender-style drawdown reviews completed within 24 hours, live job creation tracking tied to eligible expenditures, project dashboards, and a centralized documentation repository. The platform integrates with a network of specialized banking partners that provide individual investor sub-accounts, transaction-level tracking, and auditable fund flow documentation. PRXY has administered 185+ EB-5 projects representing $7B+ in tracked offerings and 215K projected U.S. jobs, with named enterprise customers including State Wide EB-5 Regional Center, Manhattan Regional Center, Houston EB5, Extell, and Patel Family Office.

The company operates a subscription-based revenue model with quote-based enterprise pricing determined through direct consultation, reflecting the complexity and customization required per project. Go-to-market combines direct enterprise field sales with community-led engagement through Co-Founder Sam Newbold's seat on the AILA EB-5 National Committee, industry event participation, content marketing via the PRXY Blog, and LinkedIn-driven brand visibility. The company is founder/management-owned with no disclosed institutional funding rounds and operates with 1-10 employees. The leadership team is composed entirely of EB-5 industry veterans: CEO Connor Irish (former commercial real estate attorney at DLA Piper and Dorsey & Whitney), CSO Sam Newbold (15+ years EB-5 immigration practice), CLO Clem Turner (30 years corporate/securities law, $4B+ in EB-5 offerings since 2010, five-time 'Top 15 EB-5 Corporate Attorney'), COO Preston Pesek (former CEO of Spacious, acquired by WeWork; prior roles at Fortress Investment Group and SL Green), CTO Alex Tollefsen (15-year engineering career across VC-backed startups), and CMO Will Sullivan (former Co-Founder/CSO of Message Lab, acquired by Orchestra).

Name

PRXY Co.

Legal name

PRXY CO.

Website

https://prxyco.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

PRXY Co. is a privately held SaaS company that provides an EB-5 fund administration platform with compliance software, investor onboarding, USCIS reporting, drawdown controls, and banking integrations for Regional Centers, project sponsors, and fund issuers.

Ownership category

akta.pro rank

Product category

Fund Administration Software

NAICS

Portfolio Management and Investment Advice (523940), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Finance Services (6199)

akta.pro industry

PRIMARYFSAGAGAD

Customer Engagement, CRM & Agent/Broker Enablement Platforms

Financial & Insurance/Financial Technology (Fintech)/Insurtech Platforms (Digital Insurance Enablement)

Keywords

• EB-5 fund administration
• Investor compliance software
• Capital tracking platform
• USCIS reporting tools
• Immigrant investor services

Headquarters

HQ city

West Palm Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Fund Administration Platform Subscription: PRXY charges subscription fees for access to its EB-5 fund administration platform, providing regional centers and project sponsors with software tools for capital tracking, compliance management, USCIS reporting, and investor communication throughout the EB-5 lifecycle.

Go-to-market motion3 records

Distribution channels2 records

Marketing channels5 records

Core offering

PRXY Co. provides a SaaS fund administration platform purpose-built for the EB-5 Immigrant Investor Program. The platform tracks capital flows from investor subscription through deployment to redeployment, automates USCIS regulatory reporting (I-956G, I-829), manages drawdown approvals with lender-style reviews, and maintains audit-ready documentation for EB-5 regional centers, project sponsors (JCEs), and fund issuers (NCEs). The company also operates a secure client portal that delivers investor onboarding, K-1 distribution, project dashboards, and on-demand reporting to EB-5 stakeholders.

Product overview

PRXY is a unified SaaS fund administration platform purpose-built for the EB-5 Immigrant Investor Program. The core PRXY platform connects regional centers, project sponsors (JCEs), and fund issuers (NCEs) through a complete EB-5 lifecycle workflow spanning investor subscription, capital tracking, compliance controls, drawdown approvals, USCIS reporting, and redeployment management. The product portfolio centers on the PRXY platform (web-based administration) and the PRXY Client Portal (secure stakeholder access), supplemented by modular capabilities including Investor Subscription & Onboarding, RIA-Compliant Fund Controls, USCIS-Ready Reporting, Live Job Creation Tracking, and Project Dashboards. These modules function as integrated components of a single platform rather than standalone products, sharing a unified data layer that tracks investor capital from contribution through deployment to final return.

Differentiator

Problem solved

Functional benefit

Products and services

• PRXY Platform Purpose-built fund administration platform for EB-5 private investments that tracks capital flow across all investment stages, manages compliance, monitors performance, and generates audit-ready reporting throughout the investment lifecycle from subscription through redeployment. Targets EB-5 regional centers, project sponsors (JCEs), and fund issuers (NCEs).
• PRXY Client Portal Secure web portal providing investor subscription management, deal room access, K-1 delivery, document storage, project dashboards, and on-demand reporting for EB-5 stakeholders.

Quantifiable outcome

• Drawdown reviews completed within 24 hours
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

One partnership is on record.

• Specialized Banking Partners NetworkcoreStrategic or Co-development PartnerPRXY has established a network of specialized banking partners that support EB-5 transactions. Through these partnerships, PRXY helps clients move faster with streamlined onboarding, priority processing, and smoother draw approvals. The banking partners provide individual investor sub-accounts, transaction-level tracking, and auditable fund flow documentation required for USCIS compliance.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• FundCount: FundCount provides fund accounting and administration software for hedge funds, PE, and private funds, with automated capital tracking, NAV calculation, and investor statements — overlapping PRXY's core fund-administration and reporting functionality.
• Juniper Square: Juniper Square provides investor onboarding, capital tracking, and fund administration software for real estate and private investment GPs — directly overlapping PRXY's investor subscription, fund-flow controls, and reporting capabilities for EB-5 GPs and project sponsors.
• Altvia: Altvia is a CRM and investor portal platform purpose-built for alternative investment managers (PE, VC, real estate, fund-of-funds), covering investor onboarding, capital activity tracking, and reporting workflows similar to PRXY's investor subscription and reporting modules.

Broad incumbents

• AppFolio: AppFolio offers property management and accounting software for real estate operators, with workflows for tracking capital expenditures, owner contributions, and investor reporting relevant to EB-5 project sponsors managing real estate assets.
• Carta: Carta offers cap table management, fund administration, and investor reporting for private markets, serving a much broader set of GPs and LPs than PRXY's EB-5 niche. Comparable as a horizontal incumbent that could extend downward into EB-5 admin.
• Investran (Gen II Fund Services): Gen II operates Investran as a private equity and real estate fund administration platform covering investor accounting, capital calls, distributions, and reporting — comparable to PRXY's fund-flow and waterfall capabilities at a larger, more diversified scale.
• eFront (BlackRock): eFront provides alternative investment management software covering fund administration, investor reporting, and portfolio monitoring for PE, real estate, and infrastructure — broadly comparable to PRXY's institutional capital tracking workflows.
• RealPage: RealPage delivers real estate operations, accounting, and investor reporting software to multifamily and commercial operators, with capital-tracking and reporting capabilities that overlap JCE-side workflows for EB-5 project sponsors.
• Yardi: Yardi provides a broad real estate software suite including investment management, fund administration, and investor reporting modules used by many large REITs and real estate fund sponsors, partially overlapping PRXY's JCE/NCE use cases.

Emerging players

• NorthStar Systems International: NorthStar provides fund administration and accounting services specifically for EB-5 Regional Centers and immigrant investor funds, with technology-enabled compliance workflows — a direct niche peer competing for the same customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/prxyco

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PRXY Co.