About Progressive Gourmet
Progressive Gourmet is a Consumer company based in Wilmington (United States) founded in 1992, and was acquired by Monogram Food Solutions in April 2016. Brand of small bites, baked goods, appetizers, and entrees. Its focus areas include Food and Agriculture, Food & Beverage Products, Convenience Foods and Breakfast Cereals. Its competitors include Quaker Oats, Oats Overnight and Magic Spoon; 2 of its 3 listed competitors have raised funding.
Company details
Progressive Gourmet was established in 1992 in Wilmington, United States. Operations are centered in the food sector, where small bites, baked goods, appetizers, and entrees are produced and branded for distribution. Products are developed for various culinary applications, including retail and foodservice channels. The focus remains on prepared gourmet items, with activities managed from the U.S. base to support national reach.
- Headquarters Wilmington, United States
- Stage Acquired
- SectorsConsumer
- Website progressivegourmet.com
- Social LinkedIn
- Acquired by Monogram Food Solutions (Apr 2016)
- Latest Funding Round$660K (USD), Unspecified
Jul 2013
- Investors
- Acquired byMonogram Food Solutions
(Apr 2016)
Funding Insights of Progressive Gourmet
- Total Rounds 1
- Last Round Unspecified — $660,000
- First Round $660,000
(Jul 2013)
All 1 funding rounds of Progressive Gourmet 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 |
|---|---|---|---|---|---|
| Jul 2013 | $660,000 | Unspecified | – | – | – |
1 investors in total: 1 institutional.
Investors in Progressive Gourmet
Progressive Gourmet has secured backing from 1 investor. Prominent investors backing the company include Monogram Food Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Prepared foods and solutions are manufactured for various partners. | 2004 | monogramfoods.com | Memphis, United States |
Investor details for Progressive Gourmet
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- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Timeline of Progressive Gourmet
3 dated milestones of Progressive Gourmet across 24 years, from founding to its latest funding, stage changes and deals.
- Founded Progressive Gourmet is founded.
- Funding First funding round of $660K.
- Exit Acquired by Monogram Food Solutions.
Competitors of Progressive Gourmet
Progressive Gourmet has 3 listed competitors in our database, 2 of them funded. They include Quaker Oats, Oats Overnight and Magic Spoon.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quakeroats.com | 1877 | Chicago, United States | Oatmeal products, cereals, and snacks are produced and distributed. | |||
| oatsovernight.com | 2017 | Tempe, United States | $57M | Brand of oats | ||
| magicspoon.com | 2019 | New York, United States | $209.04M | Keto-friendly breakfast cereals are offered by an internet-first brand. |
Detailed competitors of Progressive Gourmet
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- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Food & Beverage Products & Processing
3 companies that operate in the same segment as Progressive Gourmet (Food & Beverage Products & Processing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Hens and cattle are reared to supply eggs and butter. | 2007 | Austin, Texas, United States | USD 49.96 M | USD 759.44 M | 598 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | |||
Food, snacks, and beverages are produced and distributed globally. | 1898 | Purchase, New York, United States | USD 93.92 B | 319,000 |
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Frequently Asked Questions about Progressive Gourmet
Progressive Gourmet was founded in 1992 and raised its 1st funding round 21 years after it was founded.
Progressive Gourmet is headquartered in Wilmington, United States. It is registered at Wilmington, Delaware, United States.
Progressive Gourmet was established in 1992 in Wilmington, United States. Operations are centered in the food sector, where small bites, baked goods, appetizers, and entrees are produced and branded for distribution. Products are developed for various culinary applications, including retail and foodservice channels. The focus remains on prepared gourmet items, with activities managed from the U.S. base to support national reach.
Progressive Gourmet's top competitors include Quaker Oats, Magic Spoon and Oats Overnight.
Progressive Gourmet has 1 investor. Key investors include Monogram Food Solutions.
Yes. Progressive Gourmet was acquired by Monogram Food Solutions in April 2016.