Propel logo

Propel

North America, California, United States, San Francisco

Description

Propel is investing in the new financial economy.

Investor Profile

Propel has made 62 investments, with 4 in the past 12 months and 34% as lead.

Stage Focus

  • Seed (26%)
  • Series A (24%)
  • Series B (18%)
  • Series D (10%)
  • Series E (6%)
  • Series C (6%)
  • Series Unknown (5%)
  • Pre Seed (3%)
  • Series F (2%)

Country Focus

  • United States (65%)
  • Brazil (15%)
  • India (6%)
  • United Kingdom (5%)
  • Mexico (3%)
  • Colombia (2%)
  • Israel (2%)
  • Chile (2%)

Industry Focus

  • Financial Services
  • Fintech
  • Software
  • Insurance
  • Insurtech
  • Artificial Intelligence (Ai)
  • Finance
  • Saas
  • Banking
  • Information Technology
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Propel frequently co-invest with?

Ribbit Capital
North America, California, United States, Palo Alto
Co-Investments: 4
BV
North America, California, United States, San Francisco
Co-Investments: 5
monashees
South America, Sao Paulo, Brazil, São Paulo
Co-Investments: 4
Felicis
North America, California, United States, Menlo Park
Co-Investments: 5
Abstract Ventures
North America, California, United States, San Francisco
Co-Investments: 5
BoxGroup
North America, New York, United States, New York
Co-Investments: 6
Peak XV Partners
Asia, Karnataka, India, Bengaluru
Co-Investments: 5
Commerce Ventures
North America, California, United States, San Francisco
Co-Investments: 5
Flourish Ventures
North America, California, United States, San Francisco
Co-Investments: 7
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 4

Which angels does Propel often collaborate with?

MC
North America, Connecticut, United States
Shared Deals: 1
JW
North America, New York, United States, New York
Shared Deals: 1
David Bonderman
North America, Texas, United States, Austin
Shared Deals: 1
Cyan Banister
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
RC
North America, California, United States, San Francisco
Shared Deals: 1
CH
Europe, Bayern, Germany, Munich
Shared Deals: 1
GO
North America, California, United States, Los Angeles
Shared Deals: 1
AK
North America, California, United States, Los Angeles
Shared Deals: 1
MT
North America, California, United States, Santa Monica
Shared Deals: 1

What are some of recent deals done by Propel?

Azos

São Paulo, Sao Paulo, Brazil

Azos is an insurtech that offers best in class insurance products in Brazilian market.

Financial ServicesInsuranceInsurTech
Series BFeb 19, 2025
Amount Raised: $30,500,000
Surus

Asheville, North Carolina, United States

Surus is a platform for the future of finance, built on top of our licensed and regulated financial institution.

Financial Services
SeedFeb 13, 2025
Amount Raised: $8,000,000

Transformative payments infrastructure, Akua's cloud-native platform offers acquiring-as-a-service for all payment rails

FinTechPaymentsTransaction Processing
SeedOct 21, 2024
Amount Raised: $4,300,000
Fintoc

Santiago, Region Metropolitana, Chile

Fintoc is an API that lets online businesses accept instant payments coming directly from the customer’s bank account.

BankingFinTechMobile AppsMobile Payments
Series AApr 25, 2024
Amount Raised: $7,000,000
Parcha AI

San Francisco, California, United States

Parchas AI Agents that enables businesses to automate their scale compliance and operations.

Artificial Intelligence (AI)ComplianceEnterprise SoftwareSaaS
SeedAug 7, 2023
Amount Raised: $3,250,000
Lightblocks

Tel Aviv, Tel Aviv, Israel

Web 3.0 infrastructure startup

B2CConsumerData Collection and LabelingInfrastructureWeb3
Pre SeedNov 1, 2022
Amount Raised: $5,000,000
Truora

Cali, Valle del Cauca, Colombia

Simplify user interactions across digital channels.

Developer PlatformFinTechInformation ServicesSaaSSecurity
Series AApr 4, 2022
Amount Raised: $15,000,000
Kamino

São Paulo, Sao Paulo, Brazil

Kamino is the most complete financial planning and spend management platform with embedded B2B payments, built for growing businesses.

Financial ServicesFinTech
Pre SeedMar 15, 2022
Amount Raised: $6,100,000
Chipper

Austin, Texas, United States

Chipper is a student loan app that lower payments, qualify for forgiveness, and chip away debt faster.

Financial ServicesFinTechLending
SeedMar 10, 2022
Amount Raised: $5,600,000
Neon

São Paulo, Sao Paulo, Brazil

Neon is a digital bank that offers credit cards, personal loans, and investment products, among other services.

BankingCreditFinancial ServicesFinTech
Series DFeb 14, 2022
Amount Raised: $306,777,815