Lithuanian web-data infrastructure company Oxylabs secured €113.6 million ($130 million) from Warburg Pincus, reaching a €3.1 billion ($3.6 billion) valuation. The raise marks the company's first external investment since its founding in 2015 after ten years of organic growth, making it Lithuania's second-largest unicorn behind Vinted.
Oxylabs generates €305.8 million ($350 million) in annual recurring revenue and serves more than 350,000 customers worldwide, including Fortune 500 companies and AI developers. The company operates a 175-million-IP proxy network and positions itself as core data infrastructure for agentic AI workflows, focusing on compliance with GDPR, CCPA, and ethical sourcing standards.
The capital will fund global network expansion, product development, and strategic acquisitions—including Webshare Software (2022) and ScrapingBee (2025). Architects building AI agents dependent on live web data should note the infrastructure economics: Oxylabs' 10.3x revenue multiple reflects investor conviction that real-time web pipelines are essential for autonomous systems scaling. For teams evaluating web-scraping and proxy providers, this signals consolidation and capital inflow into the stack.