Venture CapitalEarly-stage AI startupsActiveVerified

Progression

Matthew Lee, Registered Agent

Progression is a venture capital firm based in San Francisco, founded by former TikTok executives, writing early-stage checks to AI-native consumer startups.

Filed March 19, 2026 · San Francisco, CA · San Francisco County

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Source

California Secretary of State (bizfile Online) · Entity B20260135245 · Retrieved May 14, 2026

Search the registry for B20260135245 ›JSON record ›

About Progression

Progression Fund III GP, LLC filed in California on March 19, 2026, as a venture capital firm focused on early-stage AI startups. Its principal address is in San Francisco. The owner, Matthew Lee, filed personally as the registered agent. The company has a website, but no domain registration date is available. We first saw the business 56 days after filing. The website is modern and built with Framer. Matthew Lee is also associated with 4 other entities. No annual report or EIN is on file yet. We estimate revenue between $1 million and $10 million and 1-5 employees.

  • Owner Matthew Lee filed personally as the registered agent.
  • Website built with Framer.
  • Matthew Lee is associated with 4 other entities.
  • We estimate revenue between $1 million and $10 million and 1-5 employees.
  • Brick-and-mortar footprint indicated.
  • No annual report or EIN on file yet.

Compiled from the state record, the company's public web presence, and our own research; revenue, employee, and footprint figures are estimates, not verified financials. Updated August 23, 2026.

One of 421 new businesses registered in San Francisco in March 2026, one of 6 venture capital businesses.

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Filing Details

Entity NameProgression Fund III GP, LLC
Entity TypeLLC
Entity NumberB20260135245
Filing DateMarch 19, 2026
Principal AddressLocked
City / State / ZipSan Francisco, CA 94115
CountySan Francisco
TimezonePacific (PT)
EIN on FileNo
Registered AgentMatthew Lee
Filed ViaSelf-filed (owner is the registered agent)
WebsiteYes
Website BuildModern · Framer e85a4e6
Annual ReportNot yet filed
Estimated Revenue$1M-$10M (estimate)
Estimated Employees1-5 (estimate)
FootprintBrick and mortar (estimate)
Related Filings4 with the same owner name
First Recorded by DayOneLeadMay 14, 2026 (56 days after filing)

Verified Business Profile

SubcategoryEarly-stage AI startups

Contact Information

WebsiteLocked
PhoneLocked
EmailLocked
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Verified Website Profile

We matched this business to its website and pulled the domain's registration (WHOIS) record. Domain age is one of the strongest signals that a filing is a truly new business and not a re-filing or paperwork change.

Website PlatformLocked
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Frequently Asked Questions

When was Progression registered?

Progression was registered as LLC on March 19, 2026 in California.

Where is Progression located?

Progression is based in San Francisco, CA, 94115, in San Francisco County.

What type of business is Progression?

Progression is classified as a venture capital business (early-stage ai startups).

Does Progression have an EIN on file?

No EIN was found on file for Progression at the time of registration.

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