About Progate
Progate is a company based in Shibuya (Japan) founded in 2014.. Progate has raised $3.61 million across 3 funding rounds from investors including Resona Bank, MUFG Bank and FreakOut. Progate operates in a competitive market with competitors including Pluralsight, Codecademy, Udacity, Galvanize and Springboard, among others.
- Headquarter Shibuya, Japan
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Progate Online Education Private Limited
- Date of Incorporation 19 Sep, 2018
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$0 (USD)0as on Mar 31, 2019
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Net Profit
$-13.64 K (USD)0as on Mar 31, 2019
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EBITDA
$-13.57 K (USD)0as on Mar 31, 2019
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Total Equity Funding
$3.61 M (USD)
in 3 rounds
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Latest Funding Round
$2.73 M (USD), Series A
Feb 17, 2020
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Investors
Resona Bank
& 3 more
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Employee Count
Employee Count
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Funding Insights of Progate
Progate has successfully raised a total of $3.61M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $2.73 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series A — $2.7M
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First Round
First Round
(20 Feb 2017)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Debt – Conventional - Progate | Valuation |
investors |
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| Feb, 2020 | Amount | Series A - Progate | Valuation |
investors |
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| Feb, 2017 | Amount | Seed - Progate | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Progate
Progate has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Resona Bank, MUFG Bank and FreakOut. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Progate
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Progate
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Progate Comparisons
Competitors of Progate
Progate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Pluralsight, Codecademy, Udacity, Galvanize and Springboard, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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Cloud-based LMS platform for IT industry
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Mobile and SaaS-based platform to learn coding
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Online platform for professional development courses in software is provided.
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Bootcamps and startup growth platform
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| domain | founded_year | HQ Location |
Online courses, workshops, and expert mentorship are delivered.
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| domain | founded_year | HQ Location |
Programming courses are delivered via a mobile platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Progate
Frequently Asked Questions about Progate
When was Progate founded?
Progate was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Progate located?
Progate is headquartered in Shibuya, Japan. It is registered at Shibuya, Tokyo, Japan.
Is Progate a funded company?
Progate is a funded company, having raised a total of $3.61M across 3 funding rounds to date. The company's 1st funding round was a Seed of $880K, raised on Feb 20, 2017.
What does Progate do?
Progate was established in 2014 in Shibuya, Japan, as an online platform focused on programming education. Courses covering HTML, CSS, Ruby, Ruby on Rails, PHP, JavaScript, Java, Swift, Git, and additional topics are provided. Training is structured with intuitive slides, and certifications are awarded upon completion. Access is enabled through web browsers, Android, and iOS devices. Operations center on delivering structured learning resources to users worldwide.
Who are the top competitors of Progate?
Progate's top competitors include Pluralsight, Udacity and Codecademy.
Who are Progate's investors?
Progate has 4 investors. Key investors include Resona Bank, MUFG Bank, FreakOut, and East Ventures.