About The Progress Group
The Progress Group is a company based in Bootle (United Kingdom) founded in 2020.. The Progress Group has raised $248.88 thousand across 1 funding round from investors including Innovateuk. The company has 177 employees as of July 31, 2023. The Progress Group has completed 3 acquisitions, including AC Education, Grey Matter Learning and MyWorkMode. The Progress Group offers products and services including Progress Schools, Complete Skills Solutions, and Progress Careers. The Progress Group operates in a competitive market with competitors including NSPIRA, Navitas, Ambow Education, Boxlight and Prisa, among others.
- Headquarter Bootle, United Kingdom
- Employees 177 as on 31 Jul, 2023
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Sectors
Education
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Progress Group Holdings Limited
- Date of Incorporation 01 Jul, 2020
- Jurisdiction BOOTLE, UNITED KINGDOM
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Annual Revenue
$17.99 M (USD)58as on Jul 31, 2023
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Net Profit
$-2.34 M (USD)25as on Jul 31, 2023
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EBITDA
$-2.95 M (USD)21as on Jul 31, 2023
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Total Equity Funding
$248.88 K (USD)
in 1 rounds
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Latest Funding Round
$248.88 K (USD), Seed
May 22, 2023
- Investors
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Employee Count
177
as on Jul 31, 2023
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Investments & Acquisitions
AC Education
& 2 more
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Products & Services of The Progress Group
The Progress Group offers a comprehensive portfolio of products and services, including Progress Schools, Complete Skills Solutions, and Progress Careers. 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.
Provides alternative education for young people aged 13 and up.
Offers industry-specific skills training for adults.
Delivers careers advice and support for youth development.
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Funding Insights of The Progress Group
The Progress Group has successfully raised a total of $248.88K through 1 strategic funding round. The most recent funding activity was a Seed round of $248.88 thousand completed in May 2023. 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 Total Funding
- Total Rounds 1
- Last Round Seed — $248,880
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First Round
First Round
(22 May 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Seed - The Progress Group | Valuation |
investors |
| 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 |
Investors in The Progress Group
The Progress Group has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Innovateuk. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Progress Group
The Progress Group has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include AC Education, Grey Matter Learning and MyWorkMode. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Healthcare staffing and recruitment are enabled through an online platform.
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2021 | ||||
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Online courses for caregivers
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2007 | ||||
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Provider of online learning and staffing solutions for social care and education
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2006 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Progress Group
| 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 |
The Progress Group Comparisons
Competitors of The Progress Group
The Progress Group 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 NSPIRA, Navitas, Ambow Education, Boxlight and Prisa, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Management services to the education sector are provided.
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| domain | founded_year | HQ Location |
Navitas is recognized as a global education provider connecting students to international higher education.
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| domain | founded_year | HQ Location |
Educational IT solutions and services provider for K-12 schools and tutoring centers
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| domain | founded_year | HQ Location |
Interactive classroom technology is developed and provided for education.
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| domain | founded_year | HQ Location |
Education, information, and entertainment media are provided across platforms.
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| domain | founded_year | HQ Location |
Provider of student discounts and benefits
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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 The Progress Group
Frequently Asked Questions about The Progress Group
When was The Progress Group founded?
The Progress Group was founded in 2020 and raised its 1st funding round 3 years after it was founded.
Where is The Progress Group located?
The Progress Group is headquartered in Bootle, United Kingdom. It is registered at Bootle, England, United Kingdom.
Who is the current CEO of The Progress Group?
Jayne Worthington is the current CEO of The Progress Group.
Is The Progress Group a funded company?
The Progress Group is a funded company, having raised a total of $248.88K across 1 funding round to date. The company's 1st funding round was a Seed of $248.88K, raised on May 22, 2023.
How many employees does The Progress Group have?
As of Jul 31, 2023, the latest employee count at The Progress Group is 177.
What is the annual revenue of The Progress Group?
Annual revenue of The Progress Group is $17.99M as on Jul 31, 2023.
What does The Progress Group do?
The Progress Group was established in 2020 in Bootle, United Kingdom. Services in the education sector are offered, including alternative provision schools, independent careers guidance, adult education training, prison education programs, and social value generation. Operations are centered in the UK, targeting various learner groups such as students, adults, and inmates to support skill development and guidance needs.
Who are the top competitors of The Progress Group?
What products or services does The Progress Group offer?
The Progress Group offers Progress Schools, Complete Skills Solutions, and Progress Careers.
How many acquisitions has The Progress Group made?
The Progress Group has made 3 acquisitions, including AC Education, Grey Matter Learning, and MyWorkMode.
Who are The Progress Group's investors?
The Progress Group has 1 investor. Key investors include Innovateuk.
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