Oxylabs, a data infrastructure platform supporting artificial intelligence applications and large-scale web intelligence operations, announced a $130 million investment from Warburg Pincus. The transaction values the Vilnius, Lithuania-based company at approximately $3.6 billion.
The funding represents Oxylabs’ first outside investment since the company was established in 2015. The investment is being made through the Warburg Pincus Capital Solutions Founders Fund, which provides flexible capital to founder-led businesses and their existing shareholders.
Oxylabs plans to use the investment to strengthen its global data infrastructure network, develop next-generation products and expand the capabilities it provides to AI models, autonomous agents and enterprise systems. The company said the capital would also help accelerate its growth as demand increases for infrastructure that can provide AI systems with reliable access to current information from the open web.
Modern AI systems increasingly require more than pre-existing datasets and static search indexes. AI agents capable of conducting research, comparing information, monitoring markets or completing digital tasks need infrastructure that can continuously access, interpret and organize live online data.
Oxylabs positions its platform as an underlying layer for these applications. Its technology helps businesses collect and structure publicly available web information at scale while managing the technical challenges associated with accessing frequently changing websites and online services.
The company’s infrastructure is used across industries including cybersecurity, financial services and e-commerce. These customers can use web intelligence tools for functions such as threat detection, market research, pricing analysis, investment research, fraud prevention and competitive monitoring.
Oxylabs currently serves more than 350,000 customers, including Fortune 500 companies and developers of AI products. The company has expanded substantially beyond its original business as a premium proxy provider and is developing a broader, full-stack web data infrastructure platform.
Its services are designed to enable AI models and agents to access, interpret and act on information from the open web. Oxylabs also provides structured data products for enterprises that need large volumes of reliable and continuously updated information.
The emergence of agentic AI represents a significant potential growth market for Oxylabs. Unlike traditional chatbots that primarily respond using previously collected training data, AI agents can independently search for information, make decisions and perform multistep tasks. These systems require dependable connections to external data sources so their responses and actions reflect current conditions rather than outdated information.
Oxylabs believes this shift will increase demand for infrastructure capable of supporting large numbers of automated interactions with the web. The company plans to build on its existing network and technology to serve enterprises developing AI-powered research, search, analytics and automation products.
Warburg Pincus’ investment will support the continued expansion of Oxylabs’ global network, technology platform and product portfolio. The private equity firm will also provide access to its international investment platform and operational resources as Oxylabs expands its relationships with large enterprise and AI customers.
Warburg Pincus Capital Solutions Founders Fund closed in September 2024 with more than $4 billion in commitments. The strategy has a flexible investment mandate and can provide capital for growth initiatives, acquisitions, shareholder liquidity and balance sheet optimization.
The Capital Solutions team works alongside Warburg Pincus’ broader network of investment and value creation professionals to evaluate and support businesses across industries and geographic markets. Other investments associated with the strategy have included DriveCentric, Excelitas Technologies, Global Eggs, MB2 Dental, Madison International Realty, MIAX, MyKaarma, Nord Security, Service Compression and United Trust Bank.
Warburg Pincus manages more than $105 billion in assets and has more than 225 companies in its active portfolio. The firm has invested in over 1,100 companies through its private equity, real estate and capital solutions strategies since its founding.
Goldman Sachs Bank Europe SE served as the sole placement agent for the Oxylabs transaction. Deloitte Lithuania served as a financial and tax advisor to Oxylabs, while Tegos, Norton Rose Fulbright US and Norton Rose Fulbright Netherlands provided legal counsel.
Lazard acted as financial advisor to Warburg Pincus. Latham & Watkins, Freshfields and Sorainen served as legal counsel to the investment firm.
KEY QUOTES:
“The next generation of AI won’t be powered by static indexes that only capture yesterday’s internet. As AI agents begin to navigate the web far more than humans ever have, the future belongs to the live infrastructure that grounds these systems in real-time, interruption-free knowledge. This is exactly what Oxylabs has spent the last decade building as a responsible, compliant and ethical operator—infrastructure that already serves many uses and that this new era depends on. With Warburg Pincus, we will build on our lead in agentic web search infrastructure and product development and continue executing our long-term strategy.”
Vytautas Savickas, Chief Executive Officer of Oxylabs
“We have proven our ability to execute as the leader in data infrastructure platforms with our portfolio of leading Fortune 500 and AI company customers. As we continue to scale our platform, we will focus on expanding and strengthening our global network, further advancing our technology and delivering even greater value to our customers around the world.”
Jurgis Gabrielius Rudgalvis, Chief Financial Officer of Oxylabs
“Oxylabs has established itself as a leader in web intelligence through its sophisticated 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.”
Allison Ross, Principal at Warburg Pincus
