Oxylabs Receives $130 Million Investment from Warburg Pincus
The provider’s first outside investment values it at approximately $3.6 billion.
Adam Dubois
- Published:
Oxylabs, the Lithuanian provider of web data extraction tools and services, has announced a $130 million investment from global private equity firm Warburg Pincus.
The deal values Oxylabs at approximately $3.6 billion, making it the second unicorn to emerge from Lithuania’s Tesonet accelerator after cybersecurity company Nord Security, which Warburg Pincus also backs. Oxylabs also appears to be the first company in the proxy industry with a publicly confirmed unicorn valuation.
The investment comes from the Warburg Pincus Capital Solutions Founders Fund. It closed with more than $4 billion in commitments in 2024 and focuses on providing capital for growth, acquisitions, shareholder liquidity, and other strategic purposes.
Oxylabs says it will use the investment to expand its global infrastructure, advance its technology, and develop products for AI agents and other applications that require real-time web data.
According to Vytautas Savickas, Oxylabs’ Chief Executive Officer:
This achievement shows that Europe has the potential to build sovereign, world-class technology that top AI developers depend on. At the same time, it is a moment of pride for Lithuania, demonstrating that market-leading companies like Oxylabs can be built by the relentless work of our talents. With Warburg Pincus, we will build on this momentum and our lead in web data infrastructure and product development, and continue executing our long-term strategy.
Oxylabs has established itself as a leader in data infrastructure through its sophisticated, robust, and compliant technology and expansive network. We are excited to support the Oxylabs team as they continue to expand their offering to help their blue-chip customers access and unlock data-driven insights.
Warburg Pincus currently manages more than $105 billion in assets and has over 225 companies in its active portfolio.
Adam Dubois
Proxy geek and developer.