Tech Company Financing Transactions

Progressly Funding Round

Progressly secured a $6 million Series A funding round on 9/21/2016. Investors included 8VC, Accelerate Fund and private investors.

Transaction Overview

Company Name
Announced On
9/21/2016
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Series A
Investors

8VC (Lead Investor) (Joe Lonsdale)

Accelerate Fund

private investors (Bill Malloy)

private investors (Brian Nugent)

private investors (David Beirne)

Proceeds Purpose
With this investment we are in a great position to accelerate the adoption of our platform and help enterprises automate their processes that result in more profitable revenue, greater competitive advantage, and higher efficiency.

Company Information

Company Status
Acquired or Merged
Industry
Software
Mailing Address
2317 Broadway St. 130
Redwood City, CA 94063
USA
Email Address
Not Recorded
Overview
Progressly's mission is to become the de-facto system of record for enterprise business processes. Enterprises today are plagued with difficult to use, antiquated business process solutions that hinder them to run their operations efficiently and effectively.
Profile
Progressly LinkedIn Company Profile
Social Media
Progressly Company Twitter Account
Company News
Progressly News
Facebook
Progressly on Facebook
YouTube
Progressly on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Nick Candito
  Nick Candito LinkedIn Profile  Nick Candito Twitter Account  Nick Candito News  Nick Candito on Facebook
Co-Founder
Clarence Wooten
  Clarence Wooten LinkedIn Profile  Clarence Wooten Twitter Account  Clarence Wooten News  Clarence Wooten on Facebook


 

 

Browse more venture capital transactions:

Prev: 9/21/2016: Insider venture capital transaction
Next: 9/21/2016: Skycatch venture capital transaction

 

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We do our best to report on every notable VC transaction. All VC database entries on this site come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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