# Progressa funding: rounds and investors

> Progressa has raised $95M across 2 rounds since 2015. Investors include Paradigm, Eight Capital and Canaccord Genuity Group. Every round with its source.

Source: https://millionrounds.com/company/progressa (Millionrounds; every figure on the page links to its filing or article)

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Progressa*

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech

Funding summary Updated 26 Oct 2026

**$95M** raised across 2 rounds since 2015, from 3 sources

**$11M** Series A **$84M** Debt

- **Latest round:** Debt, $84M Aug 2018
- **Step-up i:** 7.4×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2016 2017 2018

**$11M** Series A

**$84M** Debt

- **First round:** Series A, $11M
- **Biggest round:** $84M
- **Between rounds:** 2.7 years

## The rounds

- **Aug 2018** Debt **$84M** *4 new* [Paradigm](https://millionrounds.com/fund/paradigm) [Eight Capital](https://millionrounds.com/fund/eight-capital) [Canaccord Genuity Group](https://millionrounds.com/fund/canaccord-genuity-group) Gravitas Securities/ Eight Reported by FinSMEs and 1 other
- **Dec 2015** Series A **$11M** *2 new* [Conconi Growth Partners](https://millionrounds.com/fund/conconi-growth-partners) [Cypress Hills Partners](https://millionrounds.com/fund/cypress-hills-partners) From a historical funding record

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2015 **Debt** 2018 [Paradigm](https://millionrounds.com/fund/paradigm) [Eight Capital](https://millionrounds.com/fund/eight-capital) [Canaccord Genuity Group](https://millionrounds.com/fund/canaccord-genuity-group) [Conconi Growth Partners](https://millionrounds.com/fund/conconi-growth-partners) [Cypress Hills Partners](https://millionrounds.com/fund/cypress-hills-partners) Gravitas Securities/ Eight

## Everyone who backed them

[Paradigm](https://millionrounds.com/fund/paradigm) VC firm **1** round

[Eight Capital](https://millionrounds.com/fund/eight-capital) Fund of funds **1** round

[Canaccord Genuity Group](https://millionrounds.com/fund/canaccord-genuity-group) Micro VC **1** round

[Conconi Growth Partners](https://millionrounds.com/fund/conconi-growth-partners) Growth equity **1** round

[Cypress Hills Partners](https://millionrounds.com/fund/cypress-hills-partners) VC firm **1** round

Gravitas Securities/ Eight no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=progressa).

## Quick answers about Progressa

### Who invested in Progressa?

Progressa's investors include Paradigm, Eight Capital, Canaccord Genuity Group, Conconi Growth Partners and Cypress Hills Partners, and 1 more on record.

### How much has Progressa raised?

Progressa has raised $95M across 2 rounds since 2015.

### When did Progressa last raise?

Progressa's most recent round was a Debt of $84M in Aug 2018.

### What was Progressa's biggest round?

Its most recent round, $84M in Aug 2018, is also its largest on record.

### Who backed Progressa first?

Progressa's first round on record, in Dec 2015, was backed by Conconi Growth Partners and Cypress Hills Partners.

### What stage is Progressa at?

Progressa's latest named round is a Debt, in Aug 2018.

### Where is Progressa based?

Progressa is based in Canada.

## Companies like Progressa

In the same sector, and raised in the last eighteen months.

[**Neo Financial** $182M · Oct 2026](https://millionrounds.com/company/neo-financial)[**Timia Capital** Aug 2026](https://millionrounds.com/company/timia-capital)[**Helcim** $59M · Aug 2026](https://millionrounds.com/company/helcim)[**Clearco** $200M · Aug 2026](https://millionrounds.com/company/clearco)[**Koho** $144M · Jun 2026](https://millionrounds.com/company/koho)[**Nesto** $302M · Jun 2026](https://millionrounds.com/company/nesto)

## Find investors like these

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