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

Cypress Growth Capital

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
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
Progressa LinkedIn Company Profile
Social Media
Progressa Company Twitter Account
Company News
Progressa News
Facebook
Progressa on Facebook
YouTube
Progressa on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Ali Pourdad
  Ali Pourdad LinkedIn Profile  Ali Pourdad Twitter Account  Ali Pourdad News  Ali Pourdad on Facebook
Chief Financial Officer
Kiya Hushyar
  Kiya Hushyar LinkedIn Profile  Kiya Hushyar Twitter Account  Kiya Hushyar News  Kiya Hushyar on Facebook
Chief Operating Officer
Tony Vardy
  Tony Vardy LinkedIn Profile  Tony Vardy Twitter Account  Tony Vardy News  Tony Vardy on Facebook
Vice President
Jason Wang
  Jason Wang LinkedIn Profile  Jason Wang Twitter Account  Jason Wang News  Jason Wang on Facebook
VP - Engineering
James Chan
  James Chan LinkedIn Profile  James Chan Twitter Account  James Chan News  James Chan on Facebook
VP - Operations
Jeffrey Furtado
  Jeffrey Furtado LinkedIn Profile  Jeffrey Furtado Twitter Account  Jeffrey Furtado News  Jeffrey Furtado on Facebook
VP - Product Management
Karim Nanji
  Karim Nanji LinkedIn Profile  Karim Nanji Twitter Account  Karim Nanji News  Karim Nanji on Facebook


 

 

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Prev: 12/3/2015: Top Flight Technologies venture capital transaction
Next: 12/3/2015: Seamless Medical Systems venture capital transaction

 

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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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