About Progressa
Progressa is a Financial Services company based in Vancouver (Canada) founded in 2013. Loan consolidation solutions are offered via an online platform. Progressa has raised $72.43 million across 4 funding rounds from investors including Canaccord Genuity Group, Eight Capital Management and Gravitas Securities. Its chief executive, as recorded, is Nathan Slee. Progressa offers products and services including Installment Loans and Progressa Plus. Its focus areas include FinTech, Alternative Lending, Online Lenders and Consumer Loans. Its legal entity is Progressa Financial Inc.
Company details
Progressa was founded in 2013 in Vancouver, Canada, and operates in the financial services sector. Loan consolidation is facilitated through an online application process that includes phone interviews with advisors. Monthly budgets are reviewed to ensure affordability, and upon user approval, repayment terms and payment amounts are customized by the user. The service focuses on structured debt management for individuals.
- Headquarters Vancouver, Canada
- SectorsFinancial Services
- Website progressa.com
- Social LinkedIn X
- Legal Name Progressa Financial Inc
- Total Equity Funding$72.43M (USD)
in 4 rounds
- InvestorsCanaccord Genuity Group
& 5 more
Products & Services of Progressa
Progressa offers a comprehensive portfolio of products and services, including Installment Loans and Progressa Plus.
Loans to settle debts and rebuild credit scores
Platform for credit monitoring and financial calculators
Funding Insights of Progressa
Progressa has successfully raised a total of $72.43M across 4 strategic funding rounds. 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 $72.43M
- Total Rounds 4
- First Round $8.53M
(Dec 2015)
- Investors Count 6
All 4 funding rounds of Progressa 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 |
|---|---|---|---|---|---|
| Aug 2018 | $63.9M | Series C | – | Canaccord Genuity Group, Gravitas Securities | |
| Aug 2018 | Debt – Conventional | – | – | ||
| Dec 2015 | $8.53M | Series A | – | Conconi Growth Partners, CHP | – |
| Dec 2015 | Debt – Conventional | – | – | – |
6 investors in total: 6 institutional.
Investors in Progressa
Progressa has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Canaccord Genuity Group, Eight Capital Management and Gravitas Securities.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in tech startups, leveraging financial expertise for innovation. | 2005 | eightcapital.com | Mumbai, India | |
Company investments and philanthropy are managed by the family office. | conconi.ca | Vancouver, Canada | ||
Merger and acquisitions advisory firm | 1950 | canaccordgenuity.com | Toronto, Canada | |
| gravitassecurities.com | ||||
Paradigm Capital is focused on investment banking and advisory services. | paradigmcap.com | Toronto, Canada | ||
Cypress Hills Partners is engaged in wholesale lending strategies. | cypresshillspartners.com | Vancouver, Canada |
Investor details for Progressa
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.
People of Progressa
20 people are tracked at Progressa (9 in leadership, 11 in team).
| Name | Role | Group |
|---|---|---|
David GenS | Ex-Board Member | Leadership |
Nathan Slee | CEO | Leadership |
Raymond Chau | VP Of Risk Analytics | Leadership |
Jocelyn Hill | VP, People & Operations | Leadership |
David Donovan | Senior Director, IT | Leadership |
Ian Rivers | Director of Software Development | Leadership |
Kiya Hushyar | Chief Financial Officer | Leadership |
Sherry Sun, CPA, CGA | Director Of Finance | Leadership |
Taleen Moffatt | Director, Business Development | Leadership |
Charles Cao | Senior Manager, Risk Analytics | Team |
Xiangyu Liu | Software Developer | Team |
Richa Joshi | Financial Services Professional | Team |
Shumaila Maredia, CPA,CA | Financial Planning And Analysis Manager | Team |
Roni Rachmani | Manager, QA Audit | Team |
Abdul Mujeeb Mohammed | Project Manager - Program Management Office | Team |
Sushma Murthy | Loan Operations Specialist | Team |
Adarsh Kalangara Gopalakrishnan | Financial service Representative | Team |
Vanessa Charles, CSM® | Scrum Master | Team |
Kirti Goyal | Quality Assurance Team Lead (Loan Operations) | Team |
Gloria Chen | Accountant | Team |
Complete people profiles for Progressa
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Progressa
3 dated milestones of Progressa across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Progressa is founded.
- Funding First funding round of $8.5M.
- Funding Latest funding round, Debt – Conventional,.
Web traffic of Progressa
The website of Progressa (progressa.com) receives about 3.9K visits a month.
- Monthly visits3.9K
▼ 69.9% vs previous month
Websites whose visitors overlap most with Progressa. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bancodebogota.com | 100% | 2.6M | #18,888 | View details |
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Related news about Progressa
Complete news archive for Progressa
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Frequently Asked Questions about Progressa
Progressa was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Progressa is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Nathan Slee is the CEO of Progressa, as recorded in our data.
Progressa is a funded company, having raised a total of $72.43M across 4 funding rounds to date. The company's 1st funding round was a Series A of $8.53M, raised on Dec 2015.
Progressa was founded in 2013 in Vancouver, Canada, and operates in the financial services sector. Loan consolidation is facilitated through an online application process that includes phone interviews with advisors. Monthly budgets are reviewed to ensure affordability, and upon user approval, repayment terms and payment amounts are customized by the user. The service focuses on structured debt management for individuals.
Progressa offers Installment Loans and Progressa Plus.
Progressa has 6 investors. Key investors include Canaccord Genuity Group, Eight Capital Management, Gravitas Securities, Paradigm Capital, and Cypress Hills Partners.
Progressa operates through Progressa Financial Inc.