Fundraising Fox

Progress Ventures

Venture capital

Boston Β· Seed–Late Stage Β· 5 people tracked

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Investment thesis

Progress Ventures invests in advertising, commerce, marketing, and media technology companies, capitalizing on deep transactional expertise and M&A advisory relationships. The firm takes a strategic, hands-on approach to portfolio development, providing commercial and financial guidance to help early-stage through growth-stage companies interpret market dynamics, anticipate challenges, and accelerate growth. The firm offers access to a network of Executives-in-Residence and capital markets expertise to support scaling.

Source: firm website, verified Jul 21, 2026.

Stage
Seed–Late Stage
HQ
Boston, US
Tracked investments
26

Team Β· 5 people

from the firm's website
Nick MacShaneΒ· Founding Partner
Sam ThompsonΒ· Founding Partner
Adriaan Zur MuhlenΒ· Managing Partner
Chris LeggΒ· Partner
Rick GallagherΒ· Partner & CFO

What they invest in

from 6 of 26 portfolio companies

AdTech Γ—6Data & Infrastructure Γ—4Marketing Tech Γ—4AI & Machine Learning Γ—2Enterprise Software Γ—2Developer Tools Γ—1Retail Tech Γ—1SaaS Γ—1

HQs:United StatesΓ—3

Investments Β· 26 tracked

founders shown can be your intro path
Boulder, COsovrn.comin𝕏

Sovrn provides advertising and commerce software for publishers, helping them optimize and diversify their monetization channels. The company offers SSP technology, analytics, and data decisioning tools to support independent publishers.

AdTechData & InfrastructureMarketing TechSaaSBoulder, US

Capturehigheredcapturehighered.comin𝕏
Deltatredeltatre.comin
Disrupteldisruptel.com
Dstillerydstillery.comin𝕏
Instreamaticinstreamatic.com
Integral Ad Scienceintegralads.comin𝕏

Integral Ad Science provides advertising verification and quality assurance solutions for digital advertisers and platforms. The company helps verify ad placements, brand safety, and campaign performance across multiple digital channels.

AdTechAI & Machine LearningData & InfrastructureMarketing Tech

Lidiane Jones(Chief Executive Officer)Amit Chaturvedi(Chief Operating Officer)Srishti Gupta(Chief Product Officer)Thomas Joseph(Chief Technology Officer)

Irisiris.tv
LISNRlisnr.comin𝕏

LISNR is an ultrasonic proximity platform that enables contactless commerce and customer engagement through presence detection, secure authentication, targeted promotions, and gamified loyalty experiences across retail, finance, mobility, and education sectors.

AdTechDeveloper ToolsEnterprise SoftwareRetail TechCincinnati, US

Rodney Williams(Founder & CEO)

MEDIAMATHmediamath.comin
Narrativenarrative.io

Narrative builds a data infrastructure platform that enables interoperability across systems and teams through a shared semantic layer, with built-in data quality validation and compliance. The platform serves companies seeking to make their data actionable through a marketplace that connects data buyers and sellers while maintaining user control and transparency.

AdTechData & InfrastructureEnterprise SoftwareSector Agnostic

Ordanablu.aiin

New York City, US

Pixabilitypixability.comin𝕏
Qualiaadstradata.comin

Adstra provides identity resolution and data licensing solutions that enable brands, agencies, and publishers to drive growth through clean customer data and targeted audience activation across marketing channels.

AdTechData & InfrastructureMarketing Tech

Simpli-fisimpli.fiin

Simpli.fi provides AI-optimized advertising solutions using location intelligence for marketers, enabling targeted audience activation and campaign measurement across programmatic and omnichannel channels.

AdTechAI & Machine LearningMarketing Tech

Talkshoptalkshop.livein𝕏
Teikametricsteikametrics.comin𝕏
Tenovostenovos.comin
tvScientifictvscientific.comin
Uplanduplandsoftware.comin
Veritonicveritonic.comin𝕏

Frequently asked questions

What stage does Progress Ventures invest at?
Progress Ventures invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Progress Ventures focus on?
Progress Ventures focuses on AdTech, E-commerce, Marketing Tech, Media & Entertainment.
Where is Progress Ventures located?
Progress Ventures is headquartered in Boston, US.

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