About Progressly
Progressly is a Technology company based in Redwood City (United States) founded in 2014, and was acquired by Box in June 2018. It operates as a processes are documented, shared, and executed via a visual platform. Progressly has raised $6 million across 1 funding round from investors including Box and 8VC. The company was acqui-hired. Its focus areas include Enterprise Applications, Enterprise Collaboration, Project Management and Task Management. Its competitors include Notion, Smartsheet, Trello, BigTime and Anaplan and 3 more; 8 of its 8 listed competitors have raised funding.
Company details
Founded in 2014 and headquartered in Redwood City, United States, Progressly functions as a software platform in the business process management sector. Visual step-by-step workflows are built and distributed using a timeline-based interface that tracks and records progress. Completed flows are archived graphically in real time and can be listed on a marketplace for users to copy and adapt across operations.
- Headquarters Redwood City, United States
- Stage Acquired
- SectorsTechnology
- Website progressly.com
- Social LinkedIn X
- Acquired by Box (Jun 2018)
Funding Insights of Progressly
Progressly has successfully raised a total of $6M through 1 strategic funding round. The most recent funding activity was a Series A round of $6 million completed in July 2016. 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 $6M
- Total Rounds 1
- Last Round Series A — $6M
- First Round $6M
(Jul 2016)
- Investors Count 1
All 1 funding rounds of Progressly 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 2016 | $6M | Series A | – | 8VC | – |
2 investors in total: 2 institutional.
Investors in Progressly
Progressly has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Box and 8VC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in technology, life sciences, and related sectors. | – | 8vc.com | - | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | box.com | Redwood City, United States |
Investor details for Progressly
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Timeline of Progressly
3 dated milestones of Progressly across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Progressly is founded.
- Funding First funding round of $6.0M.
- Exit Acquired by Box.
Competitors of Progressly
Progressly has 8 listed competitors in our database, 8 of them funded. They include Notion, Smartsheet, Trello, BigTime and Anaplan, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| getnotion.com | 2013 | Denver, United States | $18.52M | 30 | Diversified smart home products including hubs and sensors are provided. | |
| smartsheet.com | 2005 | Bellevue, United States | $120.59M | 2,594 | Cloud based suite solutions for enterprise project management | |
| trello.com | 2011 | New York, United States | $10.34M | 89 | Projects are managed through cloud-based boards and automation tools. | |
| bigtime.net | 2002 | Chicago, United States | $117.11M | 115 | Cloud-based time tracking software is offered by BigTime. | |
| anaplan.com | 2006 | San Francisco, United States | $300M | 834 | Operational planning and forecasting solutions are offered to businesses. | |
| rocketlane.com | 2020 | Covina, United States | $45M | 133 | Platform offering customer onboarding and project management solutions for professional services teams | |
| thoughtworks.com | 1993 | Chicago, United States | $748M | 10,500 | Leading global technology consultancy integrating strategy, design, and software engineering to enable enterprises and technology disruptors | |
| pigment.com | 2019 | Paris, France | $396.9M | – | A platform for business planning and project management is offered. |
Detailed competitors of Progressly
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Top companies in Enterprise Collaboration & Video Tools
10 companies that operate in the same segment as Progressly (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | – | 2,555 | |
Cloud-based enterprise collaboration suites are delivered for team productivity. | 2002 | Sydney, New South Wales, Australia | USD 210 M | USD 6.57 B | 16,867 | |
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | – | 2,877 | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Cloud-based software for enterprise collaboration and project management is provided. | 2013 | San Francisco, California, United States | USD 417.7 M | – | 7,141 | |
Cloud-based platform for project management and team tracking is offered. | 2012 | Tel Aviv, Tel Aviv, Israel | USD 234.7 M | USD 1.23 B | 3,900 | |
Integrated documents and spreadsheets are utilized for team project management. | 2014 | San Francisco, California, United States | USD 240 M | – | 130 | |
Cloud based suite solutions for enterprise project management | 2005 | Bellevue, Washington, United States | USD 120.59 M | – | – | |
Cloud-based file sharing and file transfer application | 2009 | Amsterdam, Netherlands | USD 63.81 M | – | – | |
AI-powered CRM for marketing and sales management is provided. | 1996 | Chennai, Tamil Nadu, India | – | USD 1.6 B | 17,856 |
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Related news about Progressly
Complete news archive for Progressly
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Frequently Asked Questions about Progressly
Progressly was founded in 2014 and raised its 1st funding round 2 years after it was founded.
Progressly is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.
Progressly is a funded company, having raised a total of $6M across 1 funding round to date. The company's 1st funding round was a Series A of $6M, raised on Jul 2016.
Founded in 2014 and headquartered in Redwood City, United States, Progressly functions as a software platform in the business process management sector. Visual step-by-step workflows are built and distributed using a timeline-based interface that tracks and records progress. Completed flows are archived graphically in real time and can be listed on a marketplace for users to copy and adapt across operations.
Progressly's top competitors include Smartsheet, Trello and BigTime.
Yes. Progressly was acquired by Box in June 2018.