Propel Venture Partners

Propel Venture Partners is an early-stage venture capital firm backing the builders of the new economy. Money is central to how people and companies live, work, and interact with each other, and that relationship is changing. We back the entrepreneurs redefining it. Since 2016, we've invested in over 70 companies and raised over $436 million across five funds. We’ve seen founders succeed and fail. Our portfolio includes three public companies, ten generating more than $100M in annual revenue, and founders building across nine countries. We find people early and stay with them for the long run. We're small on purpose. We are two general partners with a tight team and one open office. When you take money from Propel, you work directly with the people who made the investment decision. ▪ At what stage do you invest? We are most active at Pre-Seed and Seed stages, but can selectively invest later. If you're thinking about starting a company, are building already, or are live with customers, we want to meet. ▪ What is your check size? Propel usually invests $500K to $5M as an initial investment. We can lead, co-lead, or meaningfully participate. ▪ What do you look for in investments? We back founders who see a future others don't - or who have the exceptional execution abilities to deliver it, and often both. Specifically, we look for founders with deep domain expertise, a clear insight into why now is the right time, and the ability to attract the talent, customers, and capital needed to build a category-defining company. Creating one of these businesses is extraordinarily rare and difficult, but some founders are built for it. We also look for founders who want investors as true partners on the difficult journey ahead.