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Fund profile

Progression Fund

Progression Fund

Los Angeles, United States

Leading

About

Progression Fund is a venture capital firm based in Los Angeles, California, founded in 2020 by Alex Hofmann and JJ Aguhob. The fund focuses on early-stage investments, particularly in the pre-seed and seed stages, and targets consumer-driven sectors such as gaming and entertainment, commerce and marketplaces, wellness, and education. Progression Fund is known for its strategic investments in companies that cater to emerging generational trends and innovations. The firm has made notable investments in companies like Drone Racing League, FaZe Clan, and Popshop Live. With a keen interest in startups that align with generational shifts and consumer behavior, Progression Fund aims to support the next wave of influential consumer brands​. Led by a team of experienced partners, including Matthew Lee and Mark Linao, Progression Fund provides not only capital but also strategic guidance and support to help startups achieve product-market fit and scale effectively. The firm operates with a global perspective, although most of its investments are based in the United States​.

Details

Average check

$100K-$500K
$500K-$1M

Round

Pre-Seed
Seed
Series A
Venture Round

Previous Investments

Advertising & Marketing
Agritech & Farming
AI & Deep Tech
Biotech
Consumer Goods & Electronics
Data & Analytics
E-commerce & Retail
Fintech & Financial services
Food & Beverage
Gaming
Hardware. Robotics & IoT
Healthtech & Wellness
HR & Recruitment
Legal & Professional services
Lifestyle
Media, Events & Entertainment
Other
Real Estate & Proptech
Social media
Software & Apps
VR & AR
Web 3,0
Web 3.0

Geo focus

Europe
Oceania
USA
Canada

Highlights

$1.1M

Historical average check

$100M

Historical max check

November 2024

Last investment date

38

Investments

Software & Apps

Healthtech & Wellness

Lifestyle

Media, Events & Entertainment

Hardware. Robotics & IoT

Web 3.0

Legal & Professional services

Real Estate & Proptech

Agritech & Farming

E-commerce & Retail

Other

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Contacts

Website

progression.fund

Email

matt@progression.fund

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