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Progressa

Progressa
2013 FOUNDED
PRIVATE STATUS
101-200 EMPLOYEES
Series B LATEST DEAL TYPE
$84M LATEST DEAL AMOUNT
6 INVESTORS
Description

Developer of a financial platform intended to provide consumer loans in Canada. The company's platform uses data science to build its customer scoring models and provides consumers a second chance to improve their credit ratings, enabling users to take out loans more conveniently.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Consumer Finance
Other Industries
Other Financial Services
Primary Office
  • 2000 - 1500 West Georgia Street
  • Vancouver, British Columbia V6G 2Z6
  • Canada

+1 (604) 000-0000
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Progressa Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Corporate (Series B) 14-Aug-2018 $84M 000.00 00000 Completed Generating Revenue
2. Early Stage VC (Series A) 30-Nov-2015 000.00 000.00 Completed Startup
1. Seed Round 01-Jan-2015 $6.1M $6.1M Completed Startup
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Progressa Competitors (21)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Credit Sudhaar Venture Capital-Backed Mumbai, India 000 0000 0000000000 0 0000
0000000000.000 Venture Capital-Backed Chennai, India 0000 00000 00000000000 00000
00000000 Formerly PE-Backed Atlanta, GA 0000 00000 000000 - 000 00000
0000000 Formerly VC-backed Baltimore, MD 00 000.00 000000&0 000.00
000000 Venture Capital-Backed San Francisco, CA 000 00000 0000000000 0 00000
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Progressa Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Canaccord Genuity Investment Bank Minority 000 0000 000000 0
Eight Capital Asset Manager Minority 000 0000 000000 0
Gravitas Securities Investment Bank Minority 000 0000 000000 0
Paradigm Capital Investment Bank Minority 000 0000 000000 0
Conconi Growth Partners Family Office Minority 000 0000 000000 0
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Progressa Executive Team (10)

Name Title Board
Seat
Contact
Info
Ali Pourdad Co-Founder, Chief Executive Officer, President & Director
Kiya Hushyar Co-Founder, Chief Financial Officer & Board Member
Tony Vardy Chief Operating Officer
Jim Chan Chief Technology Officer
Nathan Slee Chief Innovation Officer

2 Former Executives

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Progressa Board Members (7)

Name Representing Role Since Contact
Info
Ali Pourdad Progressa Co-Founder, Chief Executive Officer, President & Director 000 0000
David Gens Progressa Co-Founder & Chairman of the Board 000 0000
David Nickel Progressa Executive Chairman 000 0000
Dillon Cameron Progressa Board Member 000 0000
Hashem Aboulhosn Conconi Growth Partners Board Member 000 0000
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