Propel (Product Success Platform)
2015
FOUNDED
PRIVATE
STATUS
61-70
EMPLOYEES
Series B
LATEST DEAL TYPE
$18M
LATEST DEAL AMOUNT
9
INVESTORS
Description
Developer of a product lifecycle management platform intended to propel digital transformation. The company's Salesforce-based platform uniquely combines product lifecycle management, product information management and quality management solutions into one system as well as facilitate communication between front office and back office departments to create a collaborative whole office, enabling organizations and end customers to work and take product decisions together.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Business/Productivity Software
Primary Office
- 451 El Camino Real
- Suite 110
- Santa Clara, CA 95050
- United States
+1 (408) 000-0000
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Propel (Product Success Platform) Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series B) | 15-Nov-2018 | $18M | 000.00 | 0000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series A2) | 07-Feb-2018 | 000 | 000.00 | 000.00 | Completed | Generating Revenue |
| 2. Accelerator/Incubator | 24-Feb-2017 | $4.22M | Completed | Generating Revenue | ||
| 1. Early Stage VC (Series A) | 10-Mar-2016 | $4.22M | $4.22M | 000.00 | Completed | Startup |
Propel (Product Success Platform) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 000 | |
| Series A2 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series A | 8,410,289 | $0.000100 | $0.51 | $0.51 | $0.51 | 1x | $0.51 | 18.92% |
Propel (Product Success Platform) Competitors (6)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Aras | Venture Capital-Backed | Andover, MA | 000 | 00000 | 00000000000 | 00000 |
| 000000 00000000 | Private Equity-Backed | Andover, MA | 0000000 0000 | |||
| 00000 000000000 | Private Equity-Backed | Foster City, CA | 000 | 000.00 | 00000000000 | 000.00 |
| 000000 | Formerly VC-backed | Redwood City, CA | 000000 | 00.000 | 0&0 | |
| 000 | Formerly VC-backed | Needham, MA | 0000 | 00.00 | 000000000 | 00.00 |
Propel (Product Success Platform) Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Norwest Venture Partners | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Alumni Ventures Group | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| EGORA Holding | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Green D Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| The Salesforce Incubator | Accelerator/Incubator | Minority | 000 0000 | 000000 0 |
Propel (Product Success Platform) Executive Team (8)
2 Former Executives
You’re viewing 5 of 8 executives. Get the full list »Propel (Product Success Platform) Board Members (4)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Matt Holleran | Cloud Apps Capital Partners | Board Member | 000 0000 | |
| Raymond Hein | Propel (Product Success Platform) | Co-Founder, Board Member & Chief Executive Officer | 000 0000 | |
| Sean Jacobsohn | Norwest Venture Partners | Board Member | 000 0000 |
1 Former Board Member
You’re viewing 3 of 4 board members. Get the full list »