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Founded 2015

Propel Funding Rounds,Valuation and Investors

Propel Funding History

Propel has raised a total of $48.2M over the last 7 years Raising this capital resulted in dilution for Ray Hein despite non-dilutive funding options like Founderpath. With $48.2M money raised, Propel would have to sell for $482M, for investors to be happy. For any founders and early employees to make money, the company would need to sell for at least $48.2M assuming no crazy liquidation preferences.

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2021 Series C

    Propel raised a Series C of $20M

  • 2018 Series B

    Propel raised a Series B of $18M at a $42M valuation in November 2018

  • 2017 Venture Round

    Propel raised a Venture Round of $6M

  • 2016 Series A

    Propel raised a Series A of $4.2M

FUNDING DATEROUNDAMOUNTVALUATION
09/21/2021 Series C $20M
11/15/2018 Series B $18M $42M
10/23/2017 Venture Round $6M
03/10/2016 Series A $4.2M