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Progressa

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UrLoan is a fast and secure way to get a personal loan when the banks won't help

Vancouver, CanadaFounded 2013Fintech
Valuation $50–100M Last recorded · 2018
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Progressa and the history behind them.

About Progressa

Progressa is a financial technology lender focused on providing socially responsible consumer finance solutions to Canadians. The company primarily serves individuals who live paycheck to paycheck and are looking to improve their credit scores. Operating in the fintech sector, Progressa partners with collection agencies and enterprises to offer proactive solutions that drive healthy recoveries while protecting brand reputation. The business model revolves around lending money to consumers for debt consolidation and other financial needs, encouraging borrowing for the right reasons. Progressa generates revenue through interest on loans and service fees. The company is recognized for its industry-leading Net Promoter Score (NPS), which reflects high customer satisfaction and loyalty. Since its inception in 2013, Progressa has aimed to change the way Canadians access and build credit, making it a trusted name in the financial technology space.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2013
Headquarters
Vancouver, Canada
Employees
127
Open positions
None listed
Dealroom signal
78.3/100
Industry
Fintech
Sub-industry
Mortgages & Lending, Banking
Sector
Fintech, Printing, Banking, Community, Investing, Video, Loan, Mortgages & Lending, Debt Collection, financial inclusion
Client focus
b2c

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Aug 2018 $12M $48M Eight Capital · Gravitas Securities · Paradigm Capital · Canaccord Genuity —
SERIES AEquity / VC Dec 2015 $11M $46M Cypress Hills Partners · Conconi Growth Partners —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Progressa website traffic

Latest recorded traffic for Progressa is 2.4K monthly website visits, down 51% over the last three months. Progressa's team grew 5.8% over the past year.

Latest monthly visits2.4K 3-month web change-51% 1-year team growth+5.8%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A6 investors entered at this stage

  • Cypress Hills Partners
  • Conconi Growth Partners
  • Canaccord Genuity
  • Eight Capital
  • Gravitas Securities
  • Paradigm Capital
Team profiled 10 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
3 countries with
team presence
🇨🇦 Canada88%
🇨🇴 Colombia8%
🇲🇽 Mexico4%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Progressa on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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