About Progress
Progress is a company based in Bedford (United States) founded in 1981. The company has 2,810 employees as of November 30, 2024. Progress has completed 19 acquisitions, including Chef, Corticon and DataDirect. Progress operates in a competitive market with competitors including Webflow, Odoo, JFrog, BloomReach and Acquia, among others.
- Headquarter Bedford, United States
- Employees 2810 as on 30 Nov, 2024
- Stage Public
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Progress Software Corporation
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Annual Revenue
$977.83 M (USD)29.79as on Nov 30, 2025
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Net Profit
$73.13 M (USD)6.86as on Nov 30, 2025
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EBITDA
$326.21 M (USD)26.37as on Nov 30, 2025
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Latest Funding Round
Not available
- Investors
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Employee Count
2810
as on Nov 30, 2024
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Investments & Acquisitions
Chef
& 18 more
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IPO & Listings of Progress
Progress is a publicly listed company on the NASDAQ with ticker symbol PRGS in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Progress
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Software Development Team
193 people
Sales and Marketing
135 people
Senior Team
67 people
Leadership Team
37 people
Finance and Accounting
29 people
Creative and Marketing Team
23 people
Product Management Team
21 people
Principal Team
16 people
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Funding Insights of Progress
Investors in Progress
Progress has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.
| Investor | Description | Founded Year | Domain | Location |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Progress
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Progress
Progress has strategically engaged in corporate development activities, having acquired 19 companies. Notable acquisitions include Chef, Corticon and DataDirect.
Investment portfolio details for Progress
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Agentic RAG-as-a-Service platform is provided for AI search and answers.
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Locked | Locked | 2019 | Locked | |
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Big Data Business Intelligence Solution for predictive maintenance
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Locked | Locked | 2012 | Locked | |
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Node.js hosting platform with scalable deployment and management tools.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Progress
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Progress
Detailed financials for Progress
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
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Progress Comparisons
Peer comparison for Progress
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Progress
Progress 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 Webflow, Odoo, JFrog, BloomReach and Acquia, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud based website development platform
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Open-source business management software is developed with integrated modules.
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Cloud based suite of devops solutions
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SaaS-based product discovery and personalization for e-commerce are provided.
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AI powered digital experience and customer data management platform
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Low-code platform enables application development and deployment without coding.
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Detailed competitors of Progress
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
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Verified entity values are shown only after access is granted.
Latest news on Progress
Complete news archive for Progress
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- Full article archive
- Source and publication date
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Progress
Progress was founded in 1981 and raised its 1st funding round 40 years after it was founded.
Progress is headquartered in Bedford, United States.
Yogesh Gupta is the current CEO of Progress.
As of Nov 30, 2024, the latest employee count at Progress is 2,810.
Annual revenue of Progress is $977.83M as on Nov 30, 2025.
Founded in 1981 and based in Bedford, United States, Progress operates in the software industry. Application infrastructure software is offered for the development, deployment, integration, and management of business applications. A platform is provided for cross-platform mobile app development and for managing business rules through automated decision processes. Application lifecycle management solutions are also included in the offerings.
Progress's top competitors include DigitalOcean, Webflow and JFrog.
Yes, Progress is publicly traded on NASDAQ under the ticker symbol PRGS.
Progress has made 19 acquisitions, including Chef, Corticon, and DataDirect.
Progress has 1 investor. Key investors include European Union.
The ticker symbol of Progress is PRGS on NASDAQ.