About Progression Brands
Progression Brands is a venture capital firm founded in 2017. It is primarily based out of Gypsum, United States. As of Dec 2020, Progression Brands has invested in 9 companies. It primarily invests in Seed round in Switzerland based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and Transportation and Logistics Tech. Most recently it participated in the $***** Seed round of CAPRANEA SPORTS Overall, Progression Brands portfolio has seen 1 acquisition, namely Movement Skis. Progression Brands has team of 6 people including 4 partners.Key Metrics
Team Members
Portfolio Locations
Rounds of Entry
Seed
Portfolio Acquisitions
Progression Brands' List of Top Investments
Progression Brands has a portfolio of 9 companies. Their most notable investmentis in CAPRANEA SPORTSTheir portfolio spans across Switzerland, United States, Italy and 1 more locations. They have invested in Retail, Consumer, Transportation and Logistics Tech and 2 other sectors, across stages such as Seed stage. Here is the list of top investments by Progression Brands:1. TripHero
TripHero provides an online platform for shipping luggage. Customers can use the online platform to book luggage transport from one point to another by specifying details such as pickup and destination address, size of bags etc. After the booking is created, luggage is picked up from the customer and shipped to the destination. It has also launched Skipod - a transport case for Ski equipment.
Key facts about TripHero
- Founded Year: 2014
- Location: Vail (United States)
- Stage: Seed
- Total Funding till date: $80K
- Employee Count: 13 as on Jul 01, 2024
- Investors: UPC Capital Ventures and Progression Brands
- Latest Funding Round: Seed, Nov 24, 2015, $*****
2. Lumiton
Internet first brand offering light-energized apparel for men & women. The product catalog includes hoodies, tanks, t-shirts, socks, etc. The apparel provided uses energy in sunlight to provide a triple-threat of benefits which are shade-like cooling experience, UPF 50+ UV protection, and red and near-infrared light to the body for increased health and performance.
Key facts about Lumiton
- Founded Year: 2010
- Location: Charlotte (United States)
- Stage: Funding Raised
- Investors: Progression Brands
3. DAHU Ski
Internet-first brand selling luxury ski boots. It offers ski boots for men and women. They claim to offers products in various colors, materials, and sizes.
Key facts about DAHU Ski
- Founded Year: 2018
- Location: Puidoux (Switzerland)
- Stage: Funding Raised
- Investors: Progression Brands
- Highlight: Editors' Pick
Key facts about Movement Skis
- Founded Year: 1980
- Location: Puidoux (Switzerland)
- Stage: Acquired
- Employee Count: 51 - 200 as on Jul 01, 2024
- Investors: Progression Brands
- Highlight: Acquired
Key facts about The James Brand
- Founded Year: 2012
- Location: Carlsbad (United States)
- Stage: Funding Raised
- Employee Count: 17 as on Jul 01, 2024
- Investors: Progression Brands
Progression Brands' Year-on-Year Investment Trends
Its most recent first time investment was in CAPRANEA SPORTS.Progression Brands' Investments by Stage
Progression Brands has made 1 investment in Seed stage.Progression Brands' Investments by Sector
Progression Brands has a diverse portfolio, with companies operating in the Consumer Goods and Retail. Notably, it has invested in 4 Consumer (B2C) companies and 3 Tech companies.Progression Brands' Investments by Geography
Progression Brands has made most investments in Switzerland (1).Progression Brands' recent investments
Progression Brands has not made any investment in 2026 so far.Here are the most recent investments by Progression Brands:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 04, 2020 | Switzerland | Seed | 3641 | - |
Acquired companies in Progression Brands' Portfolio
1 company from Progression Brands' portfolio has been acquired. The most recent acquisition were Movement Skis in Jun 2015 by Airesis.Here are Progression Brands' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 01, 2015 | - | - | 8112 |
Team profile of Progression Brands
Progression Brands has a team of 6 members including 4 Partners and 2 Principals located in United States. Progression Brands' team does not sit on the board of any company as of now.Here is a list of all team members in Progression Brands:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Vail | - | ||
Partner | Vail | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Principal | - | - | - | |
Principal | - | - | - |
Recent News related to Progression Brands
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YNIQ Eyewear Selects the Vail Valley as Its North American Home, Names Progression Brands Group as Operating PartnerNewswire•Jan 11, 2021•Yniq, Progression Brands
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Progression Brands Group Announces North American Operating Partner for Yniq EyewearNewswire•Jan 06, 2021•Yniq, Progression Brands
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Capranea Secures Strategic Investment To Drive Global GrowthSGB Media•Dec 04, 2020•CAPRANEA SPORTS, Progression Brands
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Capranea Secures Strategic Investment to Drive Global ExpansionePRNews•Dec 04, 2020•CAPRANEA SPORTS, Progression Brands
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PBG Expands Executive Team; Launches Strategic Advisory VerticalSGB Media•Oct 21, 2020•Progression Brands
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Progression Brands Group (PBG) Announces New Executive Board and Strategic Relationships in the Outdoor Specialty MarketPR Newswire•Jul 10, 2018•Progression Brands
