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
- SectorsEducation
- Email••••••••
- Website progate.com/?ui_type=default
- Social LinkedIn X Facebook
- Legal Name Progate Online Education Private Limited
- Date of Incorporation 19 Sep, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10.3 Lakh
FY 2022 · -56% YoY
- Net Loss-₹36.2 Lakh
FY 2022 · -353% margin
- EBITDA-₹87 Lakh
FY 2022
- Total Equity Funding$3.61M (USD)
in 3 rounds
- Latest Funding Round$2.73M (USD), Series A
Feb 2020
- InvestorsResona Bank
& 3 more
Associated legal entities of Progate
Progate operates through Progate Online Education Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Progate Online Education Private Limited CIN U72900KA2018FTC116482 | Active | 19 Sep 2018 | Bangalore, Karnataka | ₹0.1 Cr | – | 3 | View details |
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 $3.61M
- Total Rounds 3
- Last Round Series A — $2.73M
- First Round $880,000
(Feb 2017)
- Investors Count 4
All 3 funding rounds of Progate with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $910,769 | Debt – Conventional | – | – | |
| Feb 2020 | $2.73M | Series A | – | – | |
| Feb 2017 | $880,000 | Seed | – | – | – |
4 investors in total: 4 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | east.vc | - | |
- | – | resonabank.co.jp | - | |
- | – | mufg.jp | - | |
- | – | fout.co.jp | - |
Investor details for Progate
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Progate Online Education Private Limited (Progate)
Progate Online Education Private Limited is the primary company behind Progate. The board of Progate Online Education Private Limited currently have 3 directors; the longest-serving is Masanori Kato, appointed in 2018. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Masanori Kato DIN 08229771 | Director | 19 Sep 2018 | 8 yrs | Progate Online Education Private Limited |
| Takuya Miyabayashi DIN 08582722 | Director | 09 Oct 2019 | 7 yrs | Progate Online Education Private Limited |
| Yudai Matsunami DIN 08569048 | Director | 01 Apr 2021 | 5 yrs 6 mo | Progate Online Education Private Limited |
Financials of Progate
Figures of Progate Online Education Private Limited, the primary company behind Progate, for FY 2022. Revenue was ₹10.3 Lakh (-56% year on year). Net loss was -₹36.2 Lakh (-353% margin). EBITDA was -₹87 Lakh.
- ₹10.3 LakhRevenue · FY 2022 · -56% YoY
- -₹36.2 LakhNet loss · -353% margin
- -₹87 LakhEBITDA
- ₹3.60 CrPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Progate Online Education Private Limited are on its company page.
Detailed financial statements for Progate
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Progate
3 dated milestones of Progate across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Progate is founded.
- Funding First funding round of $880K.
- Funding Latest funding round, Series A, of $2.7M.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| pluralsight.com | 2004 | Farmington, United States | $235.41M | 315 | Cloud-based LMS platform for IT industry | |
| codecademy.com | 2011 | New York, United States | $82.53M | 191 | Mobile and SaaS-based platform to learn coding | |
| udacity.com | 2011 | Mountain View, United States | $160M | 276 | Online platform for professional development courses in software is provided. | |
| galvanize.com | 2012 | Denver, United States | $138.43M | 344 | Bootcamps and startup growth platform | |
| springboard.com | 2013 | San Francisco, United States | $69.34M | 26 | Online courses, workshops, and expert mentorship are delivered. | |
| sololearn.com | 2014 | Pleasanton, United States | $30.9M | 7 | Programming courses are delivered via a mobile platform. | |
| ccbp.in | 2020 | Hyderabad, India | $35.84M | 2,224 | Intensive software development training programs are offered to students. | |
| flatironschool.com | 2012 | New York, United States | $14.5M | 360 | Multi-disciplinary online courses and boot camps are offered to professionals. | |
| fullstackacademy.com | 2012 | New York, United States | $120,000 | 59 | Web development skills are taught through blended online-offline courses. |
Detailed competitors of Progate
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Progate
The website of Progate (progate.com) receives about 79.6K visits a month.
- Monthly visits79.6K
▲ 27% vs previous month
Websites whose visitors overlap most with Progate. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
note.com | note.com | 100% | – | #190 | – |
prog-8.com | prog-8.com | 98% | – | #133,666 | – |
| notion.so | 91% | 178.3M | #160 | View details | |
paiza.jp | paiza.jp | 78% | – | – | – |
| github.com | 68% | 542.6M | #65 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 27 similar websites and full traffic analytics for Progate
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 27 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Progate
Complete news archive for Progate
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Progate
10 companies that operate in the same segment as Progate (Corporate & Professional Learning Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of a platform providing gamified language learning through interactive exercises | 2011 | Pittsburgh, Pennsylvania, United States | USD 183.3 M | USD 748.02 M | 830 | |
Professional certification training courses are provided via an online platform. | 2015 | Mumbai, Maharashtra, India | USD 371.77 M | USD 143.62 M | 7,112 | |
Cloud-based LMS platform for IT industry | 2004 | Farmington, United States | USD 235.41 M | USD 4.95 M | 260 | |
Professional certification programs are delivered through a mobile platform. | 2010 | San Francisco, California, United States | USD 80.82 M | USD 84.24 M | 1,661 | |
An online platform for multi-course education is operated. | 2012 | Mountain View, California, United States | USD 443.17 M | USD 757.5 M | 1,260 | |
Online courses in creative fields are delivered by celebrity experts. | 2012 | San Francisco, California, United States | USD 461.4 M | – | 623 | |
Executive education programs from global universities are offered to professionals. | 2010 | Singapore, Singapore | USD 961.07 M | – | – | |
Vernacular-based hyperlocal platform for online programming mentoring is developed. | 2014 | Chennai, Tamil Nadu, India | USD 3.9 M | USD 4.13 M | 496 | |
Mobile and cloud-based resources for medical exams are delivered. | 2012 | Berlin, Berlin, Germany | USD 291.94 M | – | – | |
One-to-one online English tutoring is provided by 51Talk. | 2011 | Beijing, China | USD 89 M | USD 95.85 M | 539 |
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Frequently Asked Questions about Progate
Progate was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Progate is headquartered in Shibuya, Japan. It is registered at Shibuya, Tokyo, Japan.
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 2017.
The primary company behind Progate, Progate Online Education Private Limited, reported revenue of ₹10.3 Lakh for FY 2022, down 56% year on year.
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.
Progate's top competitors include Pluralsight, Udacity and Codecademy.
Progate has 4 investors. Key investors include Resona Bank, MUFG Bank, FreakOut, and East Ventures.
Progate operates through Progate Online Education Private Limited.
The legal entities of Progate currently have 3 directors, including Masanori Kato, Takuya Miyabayashi, Yudai Matsunami.