Founded 2015
Propel Funding Rounds,Valuation and Investors
Propel Funding History
Propel has raised a total of $48.2M over the last 8 years Raising this capital resulted in dilution for Ross Meyercord 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.
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 DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 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 |