# Progression Fund

Investor in Los Angeles, California

## About Progression Fund

Progression is the TikTok alumni fund. It writes first checks into visionary consumer tech founders, believing consumer tech is at the beginning of an AI-driven Super Cycle. The firm invests in founders building AI-native products transforming the lives of everyday consumers.

Founded and led by former musical.ly/TikTok operators, the fund draws on deep operator-level experience building one of the world's fastest-growing Gen Z social entertainment networks, positioning the TikTok alumni community as its core sourcing and support advantage.

The firm concentrates on breakthrough consumer experiences spanning social connection, gaming, entertainment, and creator economies, with a portfolio including culturally resonant, youth-centric brands like Drone Racing League, FaZe Clan, and Popshop Live.

Progression's investment approach leans on operator credibility and community access rather than broad generalist sourcing. Its criteria favor visionary, early-stage founders building AI-native consumer products with potential for viral, youth-driven cultural resonance.

## People

- **Matt Lee**, Partner

## Key Facts

- **Location:** Los Angeles, California
- **Investor Type:** Venture Capital
- **Founded:** 2020

## Investment Industries

- Technology/Web/App
- Other

## How to Contact

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