Tech Company Financing Transactions
Progressa Funding Round
Progressa, based in Vancouver BC, secured $11.4 million from Cypress Growth Capital and private investors.
Transaction Overview
Company Name
Announced On
12/3/2015
Transaction Type
Venture Equity
Amount
$11,400,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to grow its consumer loan portfolio and improve its market position in Canada.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
1500 W. Georgia St. 200
Vancouver BC, V6G 2Z6
Canada
Vancouver BC, V6G 2Z6
Canada
Phone
Website
Email Address
Overview
At Progressa, we help Canadians improve their financial future by providing a second chance at credit. Most often this means lending money to help resolve overdue bills or other outstanding debts.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ali Pourdad
Chief Financial Officer
Kiya Hushyar
Chief Operating Officer
Tony Vardy
Vice President
Jason Wang
VP - Engineering
James Chan
VP - Operations
Jeffrey Furtado
VP - Product Management
Karim Nanji
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About Our Venture Capital Transactions Database
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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