Propel
451 El Camino Real, Suite 110, Santa Clara, California, United States
How Propel hit $14.4M revenue with a 125 person team in 2023.
Propel Software Corporation is a technology company headquartered in Santa Clara, California. It was founded in 2015 and specializes in developing software solutions for product lifecycle management (PLM). The company's platform allows businesses to manage the entire lifecycle of their products, from conception to end-of-life. Propel's software is designed to help businesses streamline their operations, improve collaboration between teams, and accelerate product development.
2015
Founded
$14.4M
2023 Revenue
72.88%
YOY
$48.2M
Funding
Propel Revenue
In 2023, Propel revenue run rate hit $14.4M in revenue.
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2023
Propel hit $14.4M in revenue in 2023
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2020
Propel hit $4.5M in revenue in 2020
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2015
Propel launched in 2015 with $0 revenue
Propel Funding History
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2021 Series C
Propel raised a Series C of in September, 2021
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2018 Series B
Propel raised a Series B of in November, 2018
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2017 Venture Round
Propel raised a Venture Round of in October, 2017
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2016 Series A
Propel raised a Series A of in March, 2016
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| September, 21 2021 | Series C | ||
| November, 15 2018 | Series B | ||
| October, 23 2017 | Venture Round | ||
| March, 10 2016 | Series A |
Team
Propel has 125 total employees and 14 sales reps that carry a quota. an engineering team of 18 and a marketing team of 10.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 125 |
| Engineer | 18 (14%) |
| Sales | 14 (11%) |
| Marketing | 10 (8%) |
Founder / CEO
Ross Meyercord
Q&A
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What's your age?
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Favorite online tool?
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Favorite book?
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Favorite CEO?
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Advice for 20 year old self
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Customers
Churn
Propel Board of Directors
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Ross Meyercord | Board Director | - | - |
| Zak Kokosa | Board Member | - | - |
| Ross Meyercord | Board Member | - | - |
| Jared Smith | Board Member | - | - |
| Alexa Vignone | Board Member | - | - |
| Kirsten Allegri Williams | Board Member | - | - |
| Bob Spinner | Board Member | [email protected] | - |
| Sean Jacobsohn | Board Member | [email protected] | [email protected] |
| Matt Holleran | Board Member | - | - |
Frequently Asked Questions about Propel
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When was Propel founded?
Propel was founded in 2015.
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How much revenue does Propel generate?
Propel generates $14.4M in revenue.
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Who is the CEO of Propel
The CEO of Propel is Ross Meyercord.
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How much funding does Propel have?
Propel raised $48.2M.
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How many employees does Propel have?
Propel has 125 employees.
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Where is Propel headquarters?
Propel is headquartered at 451 El Camino Real, Suite 110, Santa Clara, California, United States
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