Fundraising Fox
Progress Ventures
Venture capitalBoston · Seed–Growth · 6 people tracked
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Investment thesis
Progress Ventures invests in the advertising, commerce, marketing, and media technology markets, building on two decades of transactional and M&A advisory experience from Progress Partners. It takes a hands-on, strategic approach, offering both commercial and financial guidance to help early-stage through growth-stage companies scale. The firm draws on an ecosystem of Executives-in-Residence and an expert network to help portfolio companies solve difficult problems, source talent, and navigate market dynamics. Its capital markets expertise supports portfolio companies with longer-term capital planning and evaluating financing options as they grow.
Source: firm website, verified Aug 3, 2026.
Team · 6 people
from the firm's website & public directoriesWhat they invest in
from 26 of 30 portfolio companiesAI & Machine Learning ×16Marketing Tech ×15AdTech ×14SaaS ×11Enterprise Software ×8Data & Infrastructure ×7Media & Entertainment ×5Developer Tools ×3
HQs:United States×17
Who they back
founder profiles across 10 portfolio companiesFounding team size:solo founder×52 founders×5
Where their founders studiedfrom 10 founders with education data
Harvard University ×2
What their founders studiedfrom 10 founders with field-of-study data
Computer Science ×2Economics ×2Humanities ×2
Where their founders worked beforefrom 10 founders with career history
Recrue Media Digital Advertising ×2SocialCode ×2VaynerMedia ×2
Accelerator rootsportfolio companies that came through a program
Investments · 30 tracked
founders shown can be your intro pathBy year:2025 · 12024 · 12023 · 12022 · 32021 · 32020 · 12014 · 12013 · 112 dated
Upland Software is an enterprise software company integrating artificial intelligence into its product portfolio and internal operations.
AI & Machine LearningCloud ComputingEnterprise SoftwareMarketing TechSaaSAustin, US
S. Christopher Ney(Executive Officer, Promoter)John T. McDonald(Executive Officer, Director, Promoter)Michael Hill(Executive Officer)Sean Nathaniel(Chief Executive Officer and President)inJennifer Simon(Chief Financial Officer)inDan Doman(Chief Product Officer)
Co-investorsActivant CapitalBantam GroupEniac VenturesHGGCRaptor GroupSaaS Capital+1 more
New York, US
Leighton Welch(Executive Officer, Director)Gary Vaynerchuk(Director)Jeffrey Nicholson(Executive Officer, Director, Promoter)
Board seatAdriaan Zur Muhlen· per SEC Form D · $19M raise · filed Feb 2023
Co-investorsBDMI
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
Co-investorsExtreme Venture PartnersExtreme Venture Partners LLPGreycroftMenlo VenturesTiger Global Management
Capture Higher Ed builds an AI-powered enrollment marketing platform that helps colleges identify prospective students, interpret their digital behavior, and deliver personalized recruitment campaigns at scale.
AI & Machine LearningEdTechMarketing TechSaaS
Heather Mueller(Co-Founder and Chief Customer Officer)
Co-investorsVenture First
Deltatre provides streaming, digital platforms, data analytics, graphics, and broadcast solutions for sports, media, and entertainment organizations seeking to monetize audience engagement and grow revenue.
Media & EntertainmentSaaSSports Tech
Co-investorsBain Capital Tech Opportunities
Samba.tv is a TV recommendation service that aggregates content from streaming services and live TV, personalized based on viewing trends.
ConsumerMedia & EntertainmentSt. Louis, US
Alex Quinn(Executive Officer, Director)Michael Baker(Director)John Lowrey(Director)
Co-investorsAugust CapitalCapital InnovatorsGFR FundLauder PartnersNelstone VenturesPJC+3 more
Dstillery applies multimodal AI to programmatic advertising to help brands identify and target their best customers through predictive audience models.
AdTechAI & Machine LearningMarketing TechNew York, US
Andrew Pancer(Executive Officer)inAlan Murray(Executive Officer, Director)inTom Phillips(Executive Officer, Director)inMichael Beebe(Chief Executive Officer)in
BoardPaul Matteucci(Director)inMichael DiPiano(Director)in
Co-investorsContour Venture PartnersEscalate Capital PartnersUS Venture PartnersVenrockMenlo VenturesNewSpring Capital+1 more
Fueled is a digital services and strategy firm that builds scalable websites, publishing platforms, product experiences, and AI-powered solutions for ambitious brands and institutions.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS
Justin Livesay(Chief Executive Officer)in
Co-investorsInsignia Capital GroupArcher Venture CapitalFoundryLexington PartnersStructural Capital
ID5 provides identity solutions that enable publishers and digital platforms to create addressable audiences across authenticated and non-authenticated traffic, helping them increase direct revenue and programmatic yield.
AdTechData & InfrastructureMarketing Tech
Mathieu Roche(Co-founder & Chief Executive Officer)Pierre-Antoine Durgeat(Co-founder & Chief Product Officer)
Co-investors360 CapitalS4S Ventures
San Francisco, US
STANISLAV TUSHINSKIY(Director)VICTOR FRUMKIN(Executive Officer)
BoardMICHAEL ILYICEV(Director)
Co-investorsCOREangelsHawke VenturesSmart Partnership CapitalAccompliceDecentral Park Capital
Integral Ad Science provides advertising verification and quality assurance solutions for digital advertisers and platforms.
AdTechAI & Machine LearningData & InfrastructureMarketing TechNew York, US
Lidiane Jones(Chief Executive Officer)inAmit Chaturvedi(Chief Operating Officer)inSrishti Gupta(Chief Product Officer)inThomas Joseph(Chief Technology Officer)inLisa Nadler(Chief Human Resources Officer)inYossi Almani(Chief Legal Officer)in
Co-investorsAccompliceAugust CapitalCross Creek AdvisorsFounder CollectiveGolub GrowthLobby Capital+6 more
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)inChris Ridenour(Director)in
BoardNick MacShane(Director)inMonique Idlett(Director)Michael Venerable(Director)
Co-investors7BC Venture CapitalCincyTechCollectivCourtside VenturesJumpstart VenturesLeadX Capital Partners+12 more
Infillion is a demand-side platform (DSP) with composable, API-first architecture powered by AI optimization and privacy-safe identity technology, serving advertisers across video, CTV, audio, display, and DOOH channels.
AdTechAI & Machine LearningMarketing Tech
Co-investorsBlue CollectiveQED InvestorsSJF VenturesHyde Park Angels
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.
AdTechData & InfrastructureEnterprise SoftwareSector AgnosticNew York, US
Nick Jordan(Founder)inDAMON CRONKEY(Director)
Co-investorsG20 VenturesGlasswing VenturesKohala VenturesEarl Grey CapitalGeneration VenturesStartFast Ventures+2 more
Ordana builds AI agents that run wholesale distributors' order desks end to end and close orders into their ERP.
New York City, US
Co-investorsAct One VenturesTechstars
Outside, Inc. operates a portfolio of digital and print media brands focused on outdoor sports, fitness, and wellness.
ConsumerMedia & EntertainmentSports TechBoulder, US
Co-investorsImagination CapitalJAZZ Venture PartnersNext VenturesService Provider CapitalCaruso Ventures
Pixability provides video advertising technology and solutions for the digital advertising and creator economy markets.
AdTechAI & Machine LearningCreator EconomyMarketing TechMedia & Entertainment
Co-investorsBantam GroupBoston Harbor AngelsEdison PartnersLaunchpad Venture GroupPJCVCFA Group+1 more
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
Co-investorsContour Venture PartnersG20 Ventures
Skyword is a content marketing platform that helps organizations build content strategy, find and manage creative talent, and create and distribute content at scale.
Creator EconomyEnterprise SoftwareMarketing TechSaaSBoston, US
Co-investorsMultiplier Capital
Sovrn provides advertising and commerce software for publishers, helping them optimize and diversify their monetization channels.
AdTechData & InfrastructureMarketing TechSaaSBoulder, US
Todd Siegler(Chief Operating Officer and Secretary)inMatt Arkin(Chief Revenue Officer)Nolan Smith(Vice President, Finance)inWalter Knapp(Chief Executive Officer)in
BoardFred Harman(Director)Greg Martin(Director)in
Co-investorsArcher Capital GroupArcher Venture CapitalFoundryOak Investment PartnersStructural CapitalBoulder Ventures
TalkShop.live is a live shopping platform where users watch live video streams and buy featured products directly during the broadcast, using its patented shoppable embedded point-of-sale technology.
E-commerceMedia & EntertainmentRetail Tech
Bryan Moore(Founder)inTina Moore(Founder)in
Co-investorsFlucas VenturesFourth RealmSpero Ventures
Teikametrics offers an AI-powered marketplace intelligence platform for brands selling on Amazon, Walmart, and TikTok Shop, covering multi-marketplace campaign management, full-funnel advertising, generative-AI listing optimization, and analytics.
AdTechAI & Machine LearningE-commerceRetail TechBoston, US
Alasdair McLean-Foreman(Executive Officer, Director, Promoter)inSrinivas Guddanti(Executive Officer)Michael McMahon(Director)John Traugott(Director)Austin Westerling(Director)
Co-investorsCentana Growth PartnersCentana PartnersFJ LabsIntel CapitalJacket River Capital PartnersGranite Point Capital+1 more
Tenovos offers an AI-enriched digital asset management and content intelligence platform that unifies content from multiple sources into a single visual layer for teams to find, govern, and activate assets.
AI & Machine LearningEnterprise SoftwareMarketing TechSaaSNew York, US
Selim M. Hakimi(Executive Officer, Director)John Shackleton(Director)D. Scott Bowen(Executive Officer, Director)inAndrea Pulcini(Director)
BoardAdriaan D. Zur Muhlen(Director)in
Co-investorsLevel EquityS4S VenturesBDMI
Tracer is an AI-based brand protection platform that monitors digital channels, removes infringing content, and maps brand abuse networks using patented graph technology and machine vision.
AI & Machine LearningCybersecuritySaaSMiddleburg, US
Peter Hayes(Executive Officer, Director)
Co-investorsEPIC VENTURESMultiplier CapitalOrigin VenturesS4S VenturesBDMINewRoad Capital Partners, LLC+1 more
Tracer is an enterprise analytics platform that consolidates data from multiple sources and automates reporting workflows.
AI & Machine LearningCloud ComputingData & InfrastructureEnterprise SoftwareSaaS
Jeffrey Nicholson(Founder)inLeighton Welch(Founder)in
Co-investorsA-Rod CorpRSE VenturesS4S VenturesService Provider CapitalBDMINewRoad Capital Partners, LLC+1 more
Tracer is a research lab building Echo, an inference system that coordinates open-weight models behind a single OpenAI-compatible endpoint for chat, code, and agent workloads.
AI & Machine LearningData & InfrastructureDeveloper ToolsEnterprise SoftwareSan Francisco, US
Co-investorsY CombinatorVela PartnersBDMINewRoad Capital Partners, LLCS4S VenturesThirty Five Ventures
tvScientific offers a connected TV (CTV) advertising platform with real-time reporting that integrates with Google Analytics to track traffic, conversions, and return on investment from CTV ad campaigns.
AdTechAI & Machine LearningMarketing TechSaaS
Jason Fairchild(Founder)inDavid Koye(Founder)in
Co-investorsNewRoad Capital Partners, LLCNorwest Venture PartnersS4S VenturesSecond Alpha PartnersUnanimous CapitalAperiam Ventures+5 more
Veritonic offers an analytics platform for marketers that unifies creative testing, brand lift, and attribution to measure advertising performance across CTV, social, podcasting, and digital audio and video channels.
AdTechAI & Machine LearningMarketing TechSaaSKillingworth, US
Scott Simonelli(Executive Officer, Director)inAndrew Eisner(Executive Officer)
BoardDaniel Hanks(Director)inDaniel Borok(Director)Mark Wachen(Director)
Co-investorsAlumni VenturesForefront VentureLerer HippeauSWaN & Legend Venture PartnersUpstage VenturesGreycroft+6 more
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Iris
Rows marked “SEC filing” are inferred from directors named on the company's SEC Form D — public regulatory data, not a portfolio list published by the firm.
Exits · 2
1 IPOs · 1 acquisitions · showing 1UplandNASDAQ: UPLD
Portfolio news
latest coverage across their companiesTracer · ycombinator.com · Jul 31, 2026
Dstillery · finance.yahoo.com · Jul 23, 2026
Frequently asked questions
- How many investments has Progress Ventures made?
- Progress Ventures has 30 tracked investments, 2 of which have exited, including 2 dated in the last 24 months.
- What stage does Progress Ventures invest at?
- Progress Ventures invests at the Seed, Series A, Series B, Growth 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.
- Does Progress Ventures lead rounds?
- Progress Ventures has led 4 of the 9 rounds where its role is on record.
- Who does Progress Ventures co-invest with?
- Progress Ventures most often shares deals with S4S Ventures, August Capital, G20 Ventures, among 90 tracked co-investors.
- What size deals does Progress Ventures back?
- Across 5 deals with disclosed amounts, Progress Ventures has joined rounds of $1.1M – $40M (median $6.1M).
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