Propeller (Financial Software) Overview
- Year Founded
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2020
- Status
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Acquired/Merged
- Employees
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31
- Latest Deal Type
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M&A
Propeller (Financial Software) General Information
Description
Developer of an insurance platform designed to automate the surety bonds process. The company's platform eliminates the need for paper forms, long approval processes, and clunky communications with underwriters, and thus makes the surety bond process efficient for all parties involved, enabling customers to complete the entire surety bond process.
Contact Information
Website
www.propellerbonds.com(Operating Subsidiary)
Corporate Office
- 2339 Commerce Street
- Suite 110
- Houston, TX 77002
- United States
Corporate Office
- 2339 Commerce Street
- Suite 110
- Houston, TX 77002
- United States
Propeller (Financial Software) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Merger/Acquisition | 01-Jan-2024 | Completed | Generating Revenue | |||
| 3. Seed Round | 10-Jan-2023 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 25-Feb-2021 | $50K | $7M | Completed | Generating Revenue | |
| 1. Seed Round | 01-Jan-2021 | $6.95M | $6.95M | Completed | Startup |
Propeller (Financial Software) Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Propeller (Financial Software) Patents
Propeller (Financial Software) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-D924636-S1 | Container | Active | 25-Feb-2020 | ||
| US-D946979-S1 | Container | Active | 25-Feb-2020 | ||
| US-D949637-S1 | Container | Active | 25-Feb-2020 | ||
| US-D826641-S1 | Tumbler | Active | 22-Feb-2017 | ||
| US-D814241-S1 | Water bottle | Active | 22-Feb-2017 |
Propeller (Financial Software) Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Propeller (Financial Software) Former Investors (2)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Altai Ventures | Venture Capital | Minority | ||
| BrokerTech Ventures | Accelerator/Incubator | Minority |
Propeller (Financial Software) FAQs
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When was Propeller (Financial Software) founded?
Propeller (Financial Software) was founded in 2020.
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Where is Propeller (Financial Software) headquartered?
Propeller (Financial Software) is headquartered in Houston, TX.
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What is the size of Propeller (Financial Software)?
Propeller (Financial Software) has 31 total employees.
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What industry is Propeller (Financial Software) in?
Propeller (Financial Software)’s primary industry is Financial Software.
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Is Propeller (Financial Software) a private or public company?
Propeller (Financial Software) is a Private company.
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What is Propeller (Financial Software)’s current revenue?
The current revenue for Propeller (Financial Software) is .
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How much funding has Propeller (Financial Software) raised over time?
Propeller (Financial Software) has raised $13.4M.
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Who are Propeller (Financial Software)’s investors?
Altai Ventures and BrokerTech Ventures have invested in Propeller (Financial Software).
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When was Propeller (Financial Software) acquired?
Propeller (Financial Software) was acquired on 01-Jan-2024.
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Who acquired Propeller (Financial Software)?
Propeller (Financial Software) was acquired by Arch Capital Group.
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