Progress Ventures Founded 2008
Founders Nick MacShane Sam Thompson
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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 8
Average round size
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The average size of a deal this fund participated in
$5M
Portfolio companies 8
Rounds per year 0.62
Lead investments 1
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.20
Exits -
Key employees -
Stages of investment
Debt
Early Stage Venture
Late Stage Venture
Seed
Areas of investment
Advertising
Analytics
Business Development
Content
Media and Entertainment
SaaS
Software
Summary

In 2008 was created Progress Ventures, which is appeared as VC. The company was established in North America in United States. The main department of described VC is located in the Cambridge.

The fund was created by Sam Thompson. The overall number of key employees were 5.

The typical case for the fund is to invest in rounds with 3-4 participants. Despite the Progress Ventures, startups are often financed by Verizon Ventures, Compound, Acadia Woods Partners. The meaningful sponsors for the fund in investment in the same round are Connecticut Innovations, Allen & Company, AAF Management Ltd.. In the next rounds fund is usually obtained by ff Venture Capital, Polaris Partners, Extreme Venture Partners.

The usual things for fund are deals in the range of 5 - 10 millions dollars. The fund is constantly included in less than 2 investment rounds annually. Considering the real fund results, this VC is 12 percentage points less often commits exit comparing to other organizations. The high activity for fund was in 2011. Despite it in 2019 the fund had an activity. This Progress Ventures works on 4 percentage points less the average amount of lead investments comparing to the other organizations. The increased amount of exits for fund were in 2018.

The fund has no exact preference in a number of founders of portfolio startups. When startup sums 2 or 5+ of the founder, the probability for it to get the investment is little. Besides, a startup needs to be aged 2-3 years to get the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - United States. Among the most popular portfolio startups of the fund, we may highlight Skyword, Localytics, IRIS.TV. We can highlight the next thriving fund investment areas, such as Software, Advertising.

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Latest deals
CompanyIndustryRoundRound SizeDateInvestorsLocation
Tru Optik
Ad Targeting
Advertising
Analytics
Big Data
Digital Media
Real Time
SaaS
Social Media
Seed
2M29 Sep 2015 United States, Stamford
Simpli.fi
Ad Exchange
Advertising
Auctions
Search Engine
Semantic Search
SEO
Seed
2M17 Mar 2011 United States, Fort Worth
Skyword
Advertising
Content
Content Marketing
Marketing
SaaS
Search Engine
Semantic Search
SEO
Venture - Series Unknown
25M24 Jun 2021 United Kingdom, Boston
Qualia
Advertising
Big Data
Cloud Infrastructure
Enterprise Software
Information Technology
Marketing Automation
Marketplace
Mobile
Property Management
Real Estate
SaaS
Software
Venture - Series Unknown
4M12 Oct 2011 Panama, San Francisco
Trust Metrics
Angel
500K01 Dec 2011 United States, New York
Tru Optik
Ad Targeting
Advertising
Analytics
Big Data
Digital Media
Real Time
SaaS
Social Media
Venture - Series Unknown
10M24 Jun 2021 United States, Stamford
Gather
Content
Data Center Automation
Data Integration
News
Productivity Tools
SaaS
Software
Software Engineering
Virtual Workforce
Web Browsers
Series E
2M24 Jun 2021 United States, Cleveland
IRIS.TV
Advertising
Advertising Platforms
Analytics
Artificial Intelligence
Brand Marketing
Business/Productivity Software
Content
Machine Learning
Media and Information Services (B2B)
Publishing
Software
Video
Series A
5M24 Jun 2021 United States, Los Angeles
LISNR
Analytics
Audio
Automotive
FinTech
Internet of Things
Mobile
Mobile Payments
Retail Technology
Ticketing
Transportation
Series A
2M09 May 2014 United States, Oakland
Skyword
Advertising
Content
Content Marketing
Marketing
SaaS
Search Engine
Semantic Search
SEO
Debt Financing
1M11 Oct 2011 United Kingdom, Boston
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