Company Profiles

driven by the PitchBook Platform

Propel Fuels

Propel Fuels
2004 FOUNDED
PRIVATE STATUS
11-50 EMPLOYEES
2ndary - Private LATEST DEAL TYPE
$55.1M TOTAL AMOUNT RAISED
8 INVESTORS
Description

Provider of environmental friendly alternative fuels intended to connect consumers to better fuels. The company's environmental friendly alternative fuels provides new fuel choices that are higher in performance, deliver better value and create healthier communities, providing users with easy access to high quality clean fuels and quantify the positive impact of their fuel choice.

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Alternative Energy Equipment
Other Industries
Energy Production
Primary Office
1815 19th Street
Sacramento, CA 95818
United States
Request full access to PitchBook

You’re viewing a free company profile from the PitchBook Platform. To explore Propel Fuels’s full profile, request a free trial.

Propel Fuels Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
10. Secondary Transaction - Private $55.1M Completed Profitable
9. Convertible Debt 01-Jul-2013 00000 000.00 Completed Profitable
8. Later Stage VC (Series D) 11-Dec-2012 0000 000.00 000.00 Completed Profitable
7. Senior Debt 30-Jun-2010 00.000 000.00 Completed Profitable
6. Later Stage VC (Series C) 10-Feb-2010 000.00 000.00 000.00 Completed Profitable
5. Early Stage VC (Series B) 19-Jun-2009 00.000 000.00 00.000 Completed Startup
4. Early Stage VC (Series A) 27-Aug-2007 00.000 00.00 00.00 Completed Startup
3. Debt - General 24-Aug-2007 000 00.000 Completed Startup
2. Angel (individual) 15-Jun-2007 $750k $750k Completed Startup
1. Grant 15-Mar-2007 $10.9M Completed Startup
To view this company’s complete deal history including valuation and funding request access »

Propel Fuels Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series D 000,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series C 000,000,000 00.000000 00 00.00 00.00 00 00.00 00.000
Series B 33,782,425 $0.001000 8% $0.08 $0.08 1x $0.08 8.56%
Series A 36,338,906 $0.001000 8% $0.14 $0.14 1x $0.14 9.2%
To view this company’s complete Cap Table request access »

Propel Fuels Investors (8)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
@Ventures Corporate Venture Capital Minority 000 0000 000000 0
Comerica Bank Lender/Debt Provider Minority 000 0000 000000 0
Craton Equity Partners PE/Buyout Minority 000 0000 000000 0
E8 Angel Group Minority 000 0000 000000 0
Hercules Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 8 investors. Get the full list »

Propel Fuels Executive Team (2)

Name Title Board
Seat
Contact
Info
Rob Elam Chief Executive Officer & Founder
Koichi Kurisu Chief Operating Officer

Propel Fuels Board Members (5)

Name Representing Role Since Contact
Info
Barrett Carlson CapX Partners Board Member 000 0000
Eric Starr CapX Partners Board Member 000 0000

3 Former Board Members

You’re viewing 2 of 5 board members. Get the full list »