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Progress Fund AI is a venture capital firm based in San Francisco, California, focused on early-stage investments. The organization was founded to leverage artificial intelligence for societal benefit, addressing systemic risks like climate instability and health disparities. They aim to support responsible AI development with a clear investment strategy.
Progress Fund AI invests in pre-seed to Series A companies that utilize AI technologies to create positive impacts in health, education, climate, and workforce sectors. Their investment thesis emphasizes both opportunity—backing innovative AI solutions—and responsibility, ensuring the development of safe and equitable AI tools.
Submit your pitch through their form at progressfund.ai or email info@progressfund.ai with your deck.
Yes, Progress Fund AI often leads investment rounds, particularly in early-stage funding.
The firm is open to follow-on investments, especially for companies that align with their focus on responsible AI development.
Specific fund size details are not disclosed, but they actively invest in multiple early-stage companies each year.
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