Progression Fund
Overview
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.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Lighter | Nov 2025 | Series B | Co-investor |
| Mozi | Dec 2024 | Seed | Co-investor |
| Phyla | Jun 2024 | Series A | Co-investor |
| Appa Health | Jul 2022 | Pre Seed | Lead |
| A Vinyl Bar in Shibuya | Jul 2024 | Seed | Co-investor |
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Key People
Matt Lee
Founder and General Partner
Alex Hofmann
Founding Partner
JJ Aguhob
Founding Partner
Vincent Diallo
Investment Partner
Mark Linao
Partner
Matthew Lee
Partner
tomoya ogawa
Partner
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Progression Fund based?
Progression Fund is headquartered in Los Angeles, California, United States.
When was Progression Fund founded?
Progression Fund was founded in 2020.
How many portfolio companies does Progression Fund have?
Progression Fund has 29 portfolio companies in Caplight's dataset.
What are some companies in Progression Fund's portfolio?
Portfolio companies visible on Caplight include Lighter, Mozi, Phyla, Appa Health, A Vinyl Bar in Shibuya.
What was Progression Fund's most recent investment shown here?
Progression Fund's most recent investment in this portfolio sample was in Lighter in 2025.
What sectors does Progression Fund focus on?
Progression Fund focuses on Healthcare & Life Sciences, Media, Entertainment & Gaming, Consumer & Commerce, Consumer & Commerce, FinTech, Healthcare & Life Sciences, Consumer & Commerce, Crypto & Web3, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Real Estate & PropTech, Consumer & Commerce, Consumer & Commerce, Consumer & Commerce, Crypto & Web3, Media, Entertainment & Gaming, Real Estate & PropTech, Media, Entertainment & Gaming, Enterprise Software, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Crypto & Web3, Consumer & Commerce, Media, Entertainment & Gaming, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Healthcare & Life Sciences, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Enterprise Software, Crypto & Web3, Media, Entertainment & Gaming, Enterprise Software, Media, Entertainment & Gaming, Enterprise Software, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, FinTech, Enterprise Software, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Energy & Sustainability, Consumer & Commerce, Real Estate & PropTech, FinTech, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Crypto & Web3, Enterprise Software, Consumer & Commerce.
What company stages does Progression Fund focus on?
Progression Fund typically invests at the Early stage.