DFX Intelligence
Venture Capital Intelligence
Firms, funds, partners, companies and rounds from sworn filings, firm sites and announcements, kept as a graph with a date and a source on every edge. Facts, inferences and estimates are labelled as such. A fund target is never a close, GAV is never dry powder, and a round size is never an investor’s check.
Firms / Progression Fund II GP, LLC
Progression Fund II GP, LLC
University-affiliated ventureSan Francisco, CAprogression.fundSEC venture capital fund adviserone firm, 2 filing advisers
This firm files as 2 advisers on progression.fund: Progression Fund I GP, LLC. Each keeps its own CRD, funds and filings; the grouping is the website each swore to on Form ADV and is recomputed every pass.
Progression is the TikTok alumni fund. Based in San Francisco, we write first checks in visionary founders building AI native products transforming the lives of everyday consumers and prosumers.
name or self-description names a university
Importance
19
moderate
Active deployment
30
moderate
Emerging
0
low
Completeness
56
elevated
Freshness
100
high
Research priority
12
low
Identity and regulatory footprint
- Headquarters
- San Francisco, CAadviserinfo.sec.gov
- Office address
- 2021 FILLMORE STREET, STE #1157, San Francisco, CA, 94115-2708adviserinfo.sec.gov
- Business phone
- 347-609-2006adviserinfo.sec.gov
- SEC adviser type
- exempt reporting adviseradviserinfo.sec.gov
- SEC exemption claimed
- venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
- Latest Form ADV
- Mar 14, 2024
- Private funds reported
- 1 (1 venture capital funds)adviserinfo.sec.gov
- Private fund gross assets
- $26.9Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
- business email
- tomoya@progression.fundprogression.fundpublished by the subject
- business phone
- 347-609-2006adviserinfo.sec.govpublished by the subject
Stated thesis versus observed behaviour
33 observed deals
Stated (the firm’s website)
- Sectors
- ai
- Stages
- not stated or not yet read
- Geography
- japan
- Check size
- not stated; DFX does not estimate checks from round sizes
- Self-described
- university
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Sectors
unknown 91%Other 6%Other Health Care 3%
lead rate n/afollow-on rate n/anew logos, 12 months 33
Funds and vehicles
0 reported
No vehicle on record yet. A fund arrives from Form ADV Schedule D 7.B.(1) or a Form D filing.
Investment team
6 current, 0 departed
Responsible Ai
OtherPortfolio
Get Funded
PartnerWe partner with visionary founders.
John Aguhob
PartnerMember · since Aug 1, 2021
Mark Linao
PartnerMember · since Aug 1, 2021
Matthew Yen Shen Lee
PartnerMember · since Aug 1, 2021
Tomoya Ogawa
PartnerMember · since Aug 1, 2021
Investments on record
33 edges, 33 companies, 0 partner-attributed
“This investor” is the amount disclosed for this investor alone; it is unknown unless a source said it. The round size is the whole round.
Co-investors
28 relationships from shared deals, counted for the whole firm
AIX Ventures LLC 3 shared · recurringInstitutional Venture 2 shared · recurringAlpha Partners Management, LLC 2 shared · recurringKonvoy 1 shared · one timeOWL Ventures 1 shared · one timeGrand Ventures 1 shared · one timeSJW Investments, LLC 1 shared · one timeEv3 Ventures LLC 1 shared · one time6th Man Ventures, LLC 1 shared · one timeAdverb Ventures Management, LLC 1 shared · one timeAvv 1 shared · one timeFelicis Ventures 1 shared · one timeNEA: New Enterprise Associates 1 shared · one timeUnion Square Ventures 1 shared · one timeGlynn Capital Management, LLC 1 shared · one timeTQ Ventures LLC 1 shared · one timeMetrodora Ventures LLC 1 shared · one timeMaveron LLC 1 shared · one timeMatchstick Ventures, LLC 1 shared · one timeVela Partners Management, LLC 1 shared · one timeMillennium Technology Value Partners 1 shared · one timeBBG Ventures 1 shared · one timeGrdnt LLC 1 shared · one timeFactorial Funds Management LLC 1 shared · one timeCollab+currency Management, LLC 1 shared · one timeValor Growth Management LLC 1 shared · one timeGolden Angels Investors, LLC 1 shared · one timeVeronorte S.A.S 1 shared · one time
Limited partners
0 disclosed
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.
Timeline
5 dated events
- Sep 16, 2026Perplexity no longer listed on Progression Fund II GP, LLC's portfolio pageRemoved from portfolio pagePortfolioInferencePerplexityVenture organization websites (about, team, portfolio, thesis, news pages)
- Sep 14, 2026Progression Fund II GP, LLC: INSTITUTIONAL_VC -> UNIVERSITY_VENTURE (name or self-description names a university)Classification changedClassificationInferenceno URL
- Sep 12, 2026Progression Fund II GP, LLC: MICRO_VC -> INSTITUTIONAL_VC (venture manager with no reported fund assets yet (scale unknown))Classification changedClassificationInferenceno URL
- Apr 12, 2022Progression Fund II GP, LLC first filed Form ADV (ERA, venture capital fund adviser exemption)First SEC adviser filingOrganizationFactSEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
- Apr 12, 2022Progression Fund II, L.P. first reported on Form ADV by Progression Fund II GP, LLC (Venture Capital Fund), GAV $8,600,000Fund first reported on Form ADVFundsFactProgression Fund II, L.P.SEC Form ADV filing data 2011 to 2024 (every filing, Schedule D 7.B.(1) private funds, Schedules A/B)
Classification history
- Sep 14, 2026University-affiliated venture (confirmed, 95%, cls-1)name or self-description names a university
- Sep 13, 2026Institutional venture firm (confirmed, 70%, cls-1)venture manager with no reported fund assets yet (scale unknown)
- Sep 12, 2026Micro VC (confirmed, 95%, cls-1)venture manager, reported GAV $26.9M across 1 vehicles
Evidence
32 observations from 2 sources