Focus is everything; focus on timing, market, and team. Progress Ventures invests in marketing and media technology companies and founders that build on experience and expertise. Thanks to the context in which we operate, there is a lot more to Progress Ventures than just the partners that run the fund. After a combined 50 years of experience in advertising media, we have a strong network of investors, advisors, founders, CEOs, and managers who, when asked, inform our decisions and direction; a small firm with a big network.
Our sister firm, Progress Partners, provides advisory on mergers and acquisitions as well as corporate strategy*. Management teams recognize the need to maintain focus on business concerns while we craft the transaction. This deal activity provides an ever-current flow of market intelligence and a reliably broad network to define emerging trends in the industry. With Progress Partners we have built a strong network and reputation for our work. With that we took our first steps into venture investment. Progress Ventures was launched with the belief that our corporate finance advisory expertise is highly valuable to the business of venture and direct investments.
Our first fund launched in 2008 as a pledge fund that now includes Dstillery, MediaMath, and Integral Ad Science. Our second fund officially launched Q4 2010 to invest in the same market, with a focus on early-stage investments including Skyword, Localytics, Simpli.fi, Qualia, and Pixability. Now on our third fund, we aim to continue on the same path.
Progress Ventures is a young firm, but our significant industry knowledge and experience in digital media delivers value well beyond the capital. We pair talented entrepreneurs with industry experts and leverage our strategic network to create opportunities for each of our portfolio companies.
*In order to provide-securities related M&A advisory services unrelated to Progress Ventures, the principals of Progress Partners, Inc. are registered securities agents with an unaffiliated broker-dealer Applied Capital, LLC (“Applied”). Applied has no affiliation with Progress Ventures, Inc.