Prograd Overview
- Year Founded
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2020
- Status
-
Private
- Employees
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22
- Latest Deal Type
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Accelerator/Inc
- Latest Deal Amount
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$220K
- Investors
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9
Prograd General Information
Description
Developer of a financial marketplace intended to make borrowing understandable and repayment rewarding for young people. The company's marketplace allows users to find ways to save, invest, borrow, or earn money through various companies on the marketplace and incorporates artificial intelligence in credit scoring to lend responsibly, enabling lenders to find young customers and reduce lender defaults.
Contact Information
Website
www.prograd.ukCorporate Office
- Hallswelle House
- 1 Hallswelle Road
- London NW11 0DH
- England, United Kingdom
Corporate Office
- Hallswelle House
- 1 Hallswelle Road
- London NW11 0DH
- England, United Kingdom
Prograd Timeline
Prograd Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Accelerator/Incubator | 05-Mar-2026 | $220K | Completed | Generating Revenue | ||
| 5. Later Stage VC | 07-May-2025 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-May-2023 | Completed | Generating Revenue | |||
| 3. Seed Round | 09-Jan-2023 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 14-Sep-2021 | $20K | $1.04M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Jun-2021 | $1.02M | $1.02M | Completed | Startup |
Prograd Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | ||||||||
| Ordinary | ||||||||
| Ordinary | 3,797,042 | $0.000001 | $0.21 | $0.21 | 1x | $0.21 | 18.21% | |
| Ordinary | 886,903 | $0.000001 | $0.02 | $0.02 | 1x | $0.02 | 4.25% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Prograd Comparisons
Industry
Financing
Details
Prograd Competitors (17)
One of Prograd’s 17 competitors is Wise, a Formerly VC-backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wise | Formerly VC-backed | London, United Kingdom | ||||
| Salary Finance | Venture Capital-Backed | London, United Kingdom | ||||
| CurrencyFair | Formerly VC-backed | Dublin, Ireland | ||||
| Fairmoney Microfinance Bank | Venture Capital-Backed | Ikeja, Nigeria | ||||
| TransferGo | Venture Capital-Backed | London, United Kingdom |
Prograd Signals
Prograd Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Kli Capital | Venture Capital | Minority | ||
| Grow London | Accelerator/Incubator | |||
| AGAM. | Other | Minority | ||
| Arlington Group Asset Management | Corporation | Minority | ||
| Escape Velocity (New York) | Venture Capital | Minority |
Prograd FAQs
-
When was Prograd founded?
Prograd was founded in 2020.
-
Where is Prograd headquartered?
Prograd is headquartered in London, United Kingdom.
-
What is the size of Prograd?
Prograd has 22 total employees.
-
What industry is Prograd in?
Prograd’s primary industry is Financial Software.
-
Is Prograd a private or public company?
Prograd is a Private company.
-
What is Prograd’s current revenue?
The current revenue for Prograd is .
-
How much funding has Prograd raised over time?
Prograd has raised $5.08M.
-
Who are Prograd’s investors?
Kli Capital, Grow London, AGAM., Arlington Group Asset Management, and Escape Velocity (New York) are 5 of 9 investors who have invested in Prograd.
-
Who are Prograd’s competitors?
Wise, Salary Finance, CurrencyFair, Fairmoney Microfinance Bank, and TransferGo are some of the 17 competitors of Prograd.
Data Transparency
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