Progress Ventures

Progress Ventures is an early-stage investment firm based in Boston, Massachusetts, founded in 2002 as the venture capital arm of Progress Partners. The firm specializes in investing in emerging platforms within the media and marketing technology sectors. Progress Ventures collaborates with experienced entrepreneurs, providing capital to promising start-ups that aim to become vital components of the digital marketing and content ecosystem. Its focus areas include B2B marketing, advertising, and media technology, positioning the firm as a key player in fostering innovation in these industries.

Brett Chatfield

Vice President

Nick MacShane

Founding Partner

Past deals in TMT

tvScientific

Series B in 2025
TvScientific is a performance advertising platform focused on making connected TV (CTV) advertising accessible and measurable for brands and applications of all sizes. The platform utilizes data to demonstrate the true value of TV advertising while simplifying and automating the processes of CTV buying and optimization. TvScientific offers real-time reporting that allows users to monitor campaign performance effectively, ensuring that their advertising efforts achieve optimal results. Additionally, the platform features Always-On Incrementality testing, which provides insights into the incremental value generated by CTV campaigns, further assuring users that their marketing strategies are effective. By combining intuitive campaign management with digital-like measurement and attribution, TvScientific enables businesses to harness CTV as a scalable performance channel.

tvScientific

Convertible Note in 2024
TvScientific is a performance advertising platform focused on making connected TV (CTV) advertising accessible and measurable for brands and applications of all sizes. The platform utilizes data to demonstrate the true value of TV advertising while simplifying and automating the processes of CTV buying and optimization. TvScientific offers real-time reporting that allows users to monitor campaign performance effectively, ensuring that their advertising efforts achieve optimal results. Additionally, the platform features Always-On Incrementality testing, which provides insights into the incremental value generated by CTV campaigns, further assuring users that their marketing strategies are effective. By combining intuitive campaign management with digital-like measurement and attribution, TvScientific enables businesses to harness CTV as a scalable performance channel.
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