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Proggio: 5 Reasons We Invested (Proggio.com)

Updated: Aug 27, 2019

Project management and organization across company verticals continue to be critical issues in team productivity and efficiency. Various platforms have attempted to develop practical solutions, but to this day, many teams struggle to use available products and instead use static spreadsheets. The most commonly used Gantt chart, invented over 100 years ago, lacks evolving capabilities and fails to provide heuristic value in 2018.


Shifting the paradigm, Proggio uses a unique and highly innovative method to improve project management. Proggio changes the focus, breaking clear of project engineering and instead, creating emphasis on the team and the individuals within it. The Proggio platform targets the dynamics of successful teams of all ranges using a collaborative timeline and a task management tool for organized project management portfolios.


Proggio delivers a solution that fills a gap in the market by addressing the various needs of all stakeholders within a company. Executive managers can use the platform through

a comprehensive perspective, while individual team members can zoom in, finding their daily tasks and assignments. Progress reports by employees are updated live to the platform, which creates both efficiency and transparency.


Here are 5 reasons we chose to invest in Proggio:

1. First-Hand Experience

Founders Yaniv Short (Author of “Time to Deliver”) and Barak Schiby developed Proggio to solve a problem they found in existing project management tools. After 20 years of experience working in global companies that struggled with team coordination, Yaniv and Barak sought to close the gap. Their method focuses on the team, featuring a smart alternative timeline and integrating task management into the platform. It is their experience that makes them qualified to understand the current industry needs and design a solution to an ultimately inhibiting problem.


When we first met Yaniv and Barak, they shared their compelling story as persistent entrepreneurs that worked together to develop a practical solution. Rather than marketing their idea as speakers or consultants, they chose to bring their solution to market, making a real positive impact in the industry.


Before Proggio, both founders were serving in comfortable corporate positions. Proggio stems from a passion and confidence in a marketable solution. They rented a small room and began a long journey: they wrote a book, filed a patent, and dove into a solution design with a PoC. Proggio continues to find success with their keen vision to make a difference.


2. The Team

Following the founders were a very efficient and focused team, dedicated to implementing the vision. In a short time, and with a very small team, Proggio managed to launch a global Beta process to get industry feedback necessary to improve. Experience and talent aside, the team thrives when working together to fix issues and figure out what really works for various team dynamics. They follow their path wisely and consistently, and the results are already recognizable. Their persistence and vision are infectious, and we are happy to welcome them to our Mangrove family.


3. Challenging the Status Quo

Mangrove and Proggio are alike in that we continue to be contrarians. Task management is an issue already tackled by many, and there are various “solutions” all across the internet. Many companies are already used to their outdated programs and systems, like the Gantt chart, created well over 100 years ago. Yet, current systems are unmanageable for the entire team and difficult to see progress real-time. Applications are centralized to aggregate into a single plan, but often times, teams are more dynamic than that and need multiple avenues. Proggio didn’t hesitate to think outside the box and challenge the status quo. Proggio is entering the market as a trendsetter, showing companies and teams alike that they can evolve using Proggio and reflect their true needs on the Proggio platform.


4. Differentiated and Disruptive

Many solutions claim to be different, but Mangrove knows it’s one thing to say it, and another for it to actually be true. The Proggio platform is truly unique in that it is based on a patented dataset that enables automatic analysis and constant feedback about project quality. Proggio is not only providing an innovative solution but includes a vision for AI and ML that goes above and beyond the capabilities of existing solutions. By studying real teams and real issues, Proggio developed a functional solution that encompasses all aspects of a project, from each individual piece to the whole puzzle.


5. The Product

When it comes down to it, the product is what really matters. After testing the Beta, we were incredibly impressed with the platform’s dynamic capabilities. Intuitive in nature, Proggio can classify importance, urgency, and assess implications of each task for the relevant stakeholders. By creating an individualized focus for each stakeholder, the platform provides a sense of visibility and transparency. Each member of the team can access the project from a comprehensive point of view, understanding the depth of their impact, while also managing their individual tasks from a detailed perspective. The combination of the visual timeline and the detailed segments creates digestibility for team members, making Proggio the best solution for holistic project management.


“Simplicity is the ultimate sophistication.”

— Leonardo da Vinci


This quote by the famous Italian artist well describes Proggio’s approach to project management. Proggio’s platform is both sophisticated in capabilities and intuitive for users.

Proggio’s early traction is indicative of the potential they hold. They can turn into a de-facto standard for the way projects are presented, and the way project teams operate. We at Mangrove are excited to be a part of their journey moving forward.

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