Oxylabs Reaches $3.6B Value After Agreeing to Its First Outside Investment from Warburg Pincus

Oxylabs, a high-quality proxy service to gather data at scale, led by Vytautas Savickas and Juras Juršėnas, has raised a $130 million investment from a leading private equity firm, Warburg Pincus. The investment brings the value of the Oxylabs group to $3.6 billion, making it the second unicorn to emerge from the Tesonet accelerator and one of the highest-valued companies in Lithuania's history. 

Oxylabs has reached $350 million in ARR as its web data platform supports more than 350,000 technology teams worldwide, providing critical infrastructure for the next generation of AI-powered internet search and agentic applications.

The investment from Warburg Pincus reflects growing recognition of the strategic importance of data infrastructure in the AI era.

Vytautas Savickas said the rise of AI agents will increase demand for reliable, real-time web data infrastructure. He highlighted Oxylabs’ decade-long focus on building responsible and compliant data solutions that can support the next generation of AI-powered applications.

Vytautas Savickas said the milestone demonstrates Europe’s ability to build sovereign, world-class technology infrastructure for the AI era. He highlighted Lithuania’s growing role in deep technology innovation and said the partnership with Warburg Pincus will help Oxylabs strengthen its leadership in web data infrastructure and continue executing its long-term growth strategy.

The investment from Warburg Pincus reflects the growing market opportunity around web data infrastructure, driven by rising demand from agentic AI applications, and recognizes Oxylabs’ strong position to capture this growth.

Public web data has become critical infrastructure for industries ranging from travel and e-commerce to cybersecurity, brand protection, and journalism, enabling real-time insights and automated decision-making.

As AI adoption accelerates, demand for reliable web data is growing further. AI models and agents rely on real-time information for training, answering queries, optimizing digital presence, and executing tasks autonomously. The rise of AI agents that browse, analyze, and act on the web is expected to significantly increase demand for scalable data access infrastructure.

Vytautas Savickas said Oxylabs has established itself as a leading data infrastructure platform serving Fortune 500 and AI companies. The company will focus on expanding its global network, advancing its technology, and delivering greater value to customers and developers worldwide.

Founded in 2015, Oxylabs has built a leading position in web data infrastructure through a focus on technology, compliance, and long-term growth. The company’s global infrastructure processes billions of requests daily and is supported by a portfolio of more than 160 patents.

Oxylabs’ emphasis on responsible data collection, including its role in the Ethical Web Data Collection Initiative and development of industry frameworks for ethical practices, has helped strengthen trust among customers and investors.

The investment will support further expansion through technology development, partnerships, and acquisitions, building on previous acquisitions including Webshare Software and ScrapingBee. After a decade of bootstrapped growth, Oxylabs is positioned to expand its role in the rapidly growing data infrastructure market.

Jurgis Rudgalvis said the company’s acquisitions have strengthened its product ecosystem and expanded its ability to support developers building AI agents and next-generation technologies. Oxylabs will continue exploring strategic opportunities to develop new technology products for customers and consumers.

Allison Ross said Oxylabs has built a leading data infrastructure platform through its advanced, compliant technology and global network. She added that Warburg Pincus looks forward to supporting Oxylabs as it expands its offerings and helps enterprise customers unlock data-driven insights.

The investment will help Oxylabs accelerate its strategy of building reliable data infrastructure for the agentic web. The company aims to leverage its existing platform strength while developing new capabilities to support the evolving needs of AI agents and developers.

With the backing of Warburg Pincus, Oxylabs is positioned to advance the next generation of web data access and strengthen its role in powering data-driven businesses and AI development.

Vytautas Savickas said Oxylabs is expanding its product portfolio with solutions such as web index and headless browser technology to support the shift toward agentic search. He emphasized that next-generation AI systems will require real-time, scalable, reliable, and compliant access to web data infrastructure.