Progression Fund
Progression Fund last closed a fund in December 2025 — 11 months ago. By its own rhythm, that is not yet halfway to the next one.
Progression Fund has raised 3 times about every 32 months. The last was Progression Fund III, L.P. That points to Aug 2028.
Historically about 1 in 8 firms this early in their cycle filed within a year. The month is approximate — how often this is right.
This firm closed a fund in the last 18 months, so it has money to put to work now.
- Funds on file
- 3
- Single-deal SPVs
- 1
- Capital raised
- $9M+
- Latest close
- December 2025
- Based in
- CA, WA
Vehicles on file
| Vehicle | First close | Amount | Filings |
|---|---|---|---|
| Progression Fund III, L.P. | December 2025 | not stated | 0002099122 ↗ |
| Progression Fund II, L.P. | September 2021 | $1M | 0001875912 ↗ |
| Progression Fund I, L.P. | July 2020 | $8M | 0001819748 ↗ |
| PE-0612 Fund I, a series of Progression Opportunities, LP | September 2026 | $2M | 0002142479 ↗ |
1 of these filed no amount (an “Indefinite” offering), so the total above is a floor.
Dated from filing date; no date of first sale was reported.
Each row links to that vehicle’s Form D filings on EDGAR — the name, date and amount above should match what is filed there.
Named on filings
John Aguhob, Matthew Lee, Mark Linao, Tomoya Ogawa, Alex Hofmann, James Veraldi, Vincent Diallo
What Progression Fund invests in
- Typical fund
- $8M median, pre-seed / seed scale
- Says it invests in
- AI
- Website
- progression.fund
Sector and stage are quoted from the firm’s own website, not inferred, and dated.
Service providers
- Fund administrator
- Carta (3 funds)
- Auditor
- Not on file
From Form ADV filed by PROGRESSION PARTNERS LLC CRD 338449 ↗, latest filing March 2026, covering 3 funds linked to this firm by Form D file number. Form ADV is filed once a year, so a provider may have changed since. How this is matched.
What this is. Every figure on this page comes from Form D filings with the U.S. Securities and Exchange Commission — public records, reproduced here as filed. Service providers, where shown, come from the adviser’s Form ADV and are dated.
What it is not. Single-deal SPVs, feeder vehicles and GP or employee commitment funds are listed but excluded from fund counts and capital totals: an SPV is one investment, a feeder holds the same capital as its master, and a “Principals” or “Entrepreneurs” fund closes alongside a main fund rather than being raised in its own right. Capital deployed from a family office, a corporate balance sheet or an evergreen structure never arrives as a fund close, so a firm doing that looks quiet here. Amounts are as of the last amendment and go stale. Dates are the date of first sale — a fund's first close, not its final one. Funds filed as “Indefinite” are excluded from totals rather than counted as zero, so a total is a floor.
“No recent fund” is a statement about filings. It is not a statement about whether a firm is solvent, investing, or still in business.