Progress Ventures
Emerging managerBuilt from this firm's Form D filings. The firm files no SEC adviser report.
- HQ
- MA
Progress Ventures is an early-stage, sector-specialized venture investor focused on advertising, commerce, marketing, and media B2B technology companies. Its team includes Founding Partner Sam Thompson, Managing Partner Adriaan Zur Muhlen, Partner Chris Legg, Founding Partner Nick MacShane, and Partner and CFO Rick Gallagher.
New fund likely raising soon
The firm's newest fund is 4 to 7 years past its first sale and no newer Form D has been filed.
01 · Says / Does
| Tag | Says | Does |
|---|---|---|
| Stages | Seed, Series A, Growth | Not enough dated deals |
| Sectors | AI applications, Data analytics, Enterprise SaaS, Ecommerce, Media | Not enough dated deals |
| Regions | Global | Not enough dated deals |
Says: what the firm's funds state. Does: from 0 dated deals in the last 24 months.
02 · Fund history
| Fund | Year | Size | Status |
|---|---|---|---|
| Progress Ventures Fund 4, L.P. | 2020 | $27.99M to $50M (Form D) | Follow-ons only |
03 · People across funds
- Adriaan Zur Muhlen, Managing member of the General Partner
Progress Ventures Fund 4, L.P. (Named on Form D)
- Chris Legg, Managing member of the General Partner
Progress Ventures Fund 4, L.P. (Named on Form D)
- Nick MacShane, Managing member of the General Partner
Progress Ventures Fund 4, L.P. (Named on Form D)
- Rick Gallagher, Managing member of the General Partner
Progress Ventures Fund 4, L.P. (Named on Form D)
- Sam Thompson, Managing member of the General Partner
Progress Ventures Fund 4, L.P. (Named on Form D)
04 · Recent deals
No dated deals found yet.
05 · Latest from the firm
No news from the firm's website yet.
06 · Sources
- https://www.progressventures.com
- https://form.jotform.com/220272649121954?nojump
- https://www.progressventures.com/team
- https://www.progressventures.com/
Fund dates and sizes are from SEC Form D filings.
Last verified: Oct 25, 2026