Parag Sheth

Managing Director

“Most overnight success is generally years in the making.  No matter the market environment, trust and long-term relationships matter.”

With 30+ years of experience as investor, operator and advisor, Parag brings deep expertise in SAAS, Tech-Enabled Services, and Enterprise Software particularly in data analytics, back-office, networking and fintech.  He also brings his vast network of entrepreneurs, investors and service providers. As an operator, Parag scaled multiple venture-backed and multi-national enterprise software and tech-enabled services companies.  As an investor, he led investments in fintech, manufacturing, cyber, quantum computing, enterprise software and other SaaS technology companies.  His deep operating and professional venture investment experience have given him in-depth knowledge of these sectors and enable him to be a trusted advisor to CEOs and companies across the growth spectrum.

Before joining Progress, he was with Outcome Capital and prior to that he was a director at the Maryland Venture Fund.  Before MVF, Parag was with several high-growth companies including High Street Partners (exit to HG Capital), Hillcrest Labs (exit to CEVA – NASDAQ: CEVA) and others.  Parag was also the Founder and CEO of Adelie Group, a tech-enabled marketing company.

Parag earned his degree in Electrical Engineering from the University at Buffalo and his MBA from the Robert H. Smith School of Business at the University of Maryland. He also serves on the Board of Directors of Mindshare and is an investor in several technology companies.

“Most overnight success is generally years in the making.  No matter the market environment, trust and long-term relationships matter.”

With 30+ years of experience as investor, operator and advisor, Parag brings deep expertise in SAAS, Tech-Enabled Services, and Enterprise Software particularly in data analytics, back-office, networking and fintech.  He also brings his vast network of entrepreneurs, investors and service providers. As an operator, Parag scaled multiple venture-backed and multi-national enterprise software and tech-enabled services companies.  As an investor, he led investments in fintech, manufacturing, cyber, quantum computing, enterprise software and other SaaS technology companies.  His deep operating and professional venture investment experience have given him in-depth knowledge of these sectors and enable him to be a trusted advisor to CEOs and companies across the growth spectrum.

Before joining Progress, he was with Outcome Capital and prior to that he was a director at the Maryland Venture Fund.  Before MVF, Parag was with several high-growth companies including High Street Partners (exit to HG Capital), Hillcrest Labs (exit to CEVA – NASDAQ: CEVA) and others.  Parag was also the Founder and CEO of Adelie Group, a tech-enabled marketing company.

Parag earned his degree in Electrical Engineering from the University at Buffalo and his MBA from the Robert H. Smith School of Business at the University of Maryland. He also serves on the Board of Directors of Mindshare and is an investor in several technology companies.