About Progresso
Progresso is a company based in New Orleans (United States) founded in 1925. It operates as a Direct-to-Consumer (D2C). Progresso offers products and services including Traditional Soups, Protein Soups, Spice It Up Soups, and Broth and Bread Crumbs. Progresso operates in a competitive market with competitors including Proper Good, Harry's Fresh Foods, Kettle And Fire, Tio Gazpacho and Bonafide Provisions, among others.
- Headquarter New Orleans, United States
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name General Mills
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Products & Services of Progresso
Progresso offers a comprehensive portfolio of products and services, including Traditional Soups, Protein Soups, Spice It Up Soups, and Broth and Bread Crumbs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Canned soups are made with traditional recipes.
High-protein soups are offered for dietary needs.
Spicy soups are crafted for bold flavors.
Cooking ingredients are provided for home recipes.
Funding Insights of Progresso
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Progresso
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Progresso
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Progresso Comparisons
Competitors of Progresso
Progresso 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 Proper Good, Harry's Fresh Foods, Kettle And Fire, Tio Gazpacho and Bonafide Provisions, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Internet first brand of soups
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| domain | founded_year | HQ Location |
Brand of soups
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| domain | founded_year | HQ Location |
Manufactures and markets bone broth and soups
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| domain | founded_year | HQ Location |
Soups with natural ingredients are offered by an internet-first brand.
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| domain | founded_year | HQ Location |
Animal bone broth producer and brand
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Progresso
Frequently Asked Questions about Progresso
When was Progresso founded?
Progresso was founded in 1925.
Where is Progresso located?
Progresso is headquartered in New Orleans, United States. It is registered at New Orleans, Louisiana, United States.
Who is the current CEO of Progresso?
Jeffrey Harmening is the current CEO of Progresso.
What does Progresso do?
Progresso is engaged in the production of canned soups and related food items. A variety of soup lines such as Traditional, Protein, and Spice It Up are offered, catering to diverse consumer preferences. Other products including broth, bread crumbs, beans, and artichokes are also provided. The focus is placed on high-quality ingredients and flavorful recipes, targeting the packaged food sector within the consumer goods industry.
Who are the top competitors of Progresso?
Progresso's top competitors include Proper Good, Kettle And Fire and Harry's Fresh Foods.
What products or services does Progresso offer?
Progresso offers Traditional Soups, Protein Soups, Spice It Up Soups, and Broth and Bread Crumbs.