Progressive Wireless, L.L.C
Expanding boundaries and maximizing opportunities in the prepaid wireless market with robust support and exceptional returns.
Expanding boundaries and maximizing opportunities in the prepaid wireless market with robust support and exceptional returns.
Progressive Wireless aims to capitalize on the prepaid wireless market's untapped potential. With the backing of AT&T's acquisition of Cricket Wireless in 2014, the company strategically positioned itself in underserved territories. As a Cricket dealer, Progressive Wireless stands to benefit from the robust support and high success rate associated with the franchise model. The company's President, with an impressive track record and extensive industry experience, is spearheading the venture. With the prepaid wireless market continuing to expand, the potential for growth is substantial. The company projects an average annual cash return of 47% over five years, with a potential 500% ROI in the event of a sale or IPO in the fifth year. Seeking a 20% stake in the company for a minimum investment of $25k, Progressive Wireless presents an intriguing opportunity for investors looking to capitalize on the prepaid wireless market's growth potential.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Seed Round | $50.00K | - | 09 Sep 2015 | |
| Equity Crowdfunding | $375.00K | - | 30 Jul 2015 |
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