VC
2016
$749 M
San Francisco, California, United States
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
Propel is investing in founders creating “the new economy.” The financial services sector is the primary driver of many economies, and opportunities to enable, accelerate, deliver, and secure value exchange are immense and diverse. Propel invests primarily from Pre-Seed to Series A in the Americas with initial check sizes from $250k to $5M with follow-on capital much higher. Portfolio companies include Coinbase, Nomad, Neon, Guideline, Groww, SumUp, Newfront, and Safebooks. Propel is headquartered in the SF Bay Area with a workspace in Jackson Square.
Industry
Region of investment
Propel VC Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Fund I
|
Venture Capital (VC)
|
Fintech
Software
|
Seed
|
North America
Europe
|
$5-10 m
|
$250 M
|
February 2016
|