Propel(x) Overview
- Year Founded
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2013
- Status
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Private
- Employees
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19
- Latest Deal Type
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2ndary - Private
- Investors
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14
Propel(x) General Information
Description
Developer of an investment platform intended to connect investors with growing startups. The company's platform allows individual investors to source, evaluate, and fund pioneering science and technology startups, enabling start-up companies to raise capital from a range of investors.
Contact Information
Website
www.propelx.comCorporate Office
- 1 Franklin Parkway
- Building 930/1 Fintech Suite
- San Mateo, CA 94403
- United States
Corporate Office
- 1 Franklin Parkway
- Building 930/1 Fintech Suite
- San Mateo, CA 94403
- United States
Propel(x) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 6. Later Stage VC | 01-Mar-2020 | Completed | Generating Revenue | |||
| 5. Angel (individual) | 30-Jun-2019 | Completed | Generating Revenue | |||
| 4. Accelerator/Incubator | 01-Jan-2019 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series A) | 26-Feb-2018 | Completed | Generating Revenue | |||
| 2. Seed Round | 18-Jun-2013 | $1.5M | $1.68M | Completed | Startup | |
| 1. Seed Round | 18-Jun-2013 | $175K | $175K | Completed | Startup |
Propel(x) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | 2,819,820 | $0.000100 | $0.6 | $0.6 | 1x | $0.6 | 10.42% | |
| Seed | 328,659 | $0.000100 | $0.23 | $0.23 | 1x | $0.23 | 1.21% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Propel(x) Comparisons
Industry
Financing
Details
Propel(x) Competitors (36)
One of Propel(x)’s 36 competitors is Wefunder, a Venture Capital-Backed company based in San Francisco, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Wefunder | Venture Capital-Backed | San Francisco, CA | ||||
| LetsVenture Online | Venture Capital-Backed | Bengaluru, India | ||||
| Wishberry | Venture Capital-Backed | Mumbai, India | ||||
| Indiegogo | Venture Capital-Backed | San Francisco, CA | ||||
| Republic Europe | Formerly VC-backed | London, United Kingdom |
Propel(x) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Propel(x) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Propel(x) Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Franklin Templeton Investments United Kingdom | Asset Manager | Minority | ||
| Frees Fund | Venture Capital | Minority | ||
| Angel (individual) | Minority | |||
| Microtech Ventures | Venture Capital | Minority | ||
| Angel (individual) | Minority |
Propel(x) Investments (29)
Propel(x)’s most recent deal was a Later Stage VC with Motion Gestures for . The deal was made on 11-Jun-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Motion Gestures | 11-Jun-2024 | Later Stage VC | Business/Productivity Software | ||
| Frontier Bio | 11-Nov-2023 | Later Stage VC | Biotechnology | ||
| BlockApps | 14-Aug-2023 | Later Stage VC | Other Financial Services | ||
| Nextnet | 31-May-2023 | Seed Round | Software Development Applications | ||
| TaskHuman | 21-Jun-2022 | Later Stage VC | Other Commercial Services |
Propel(x) FAQs
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When was Propel(x) founded?
Propel(x) was founded in 2013.
-
Where is Propel(x) headquartered?
Propel(x) is headquartered in San Mateo, CA.
-
What is the size of Propel(x)?
Propel(x) has 19 total employees.
-
What industry is Propel(x) in?
Propel(x)’s primary industry is Financial Software.
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Is Propel(x) a private or public company?
Propel(x) is a Private company.
-
What is Propel(x)’s current revenue?
The current revenue for Propel(x) is .
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How much funding has Propel(x) raised over time?
Propel(x) has raised $14.9M.
-
Who are Propel(x)’s investors?
Franklin Templeton Investments United Kingdom, Frees Fund, , Microtech Ventures, and are 5 of 14 investors who have invested in Propel(x).
-
Who are Propel(x)’s competitors?
Wefunder, LetsVenture Online, Wishberry, Indiegogo, and Republic Europe are some of the 36 competitors of Propel(x).
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