Fund profile

Propel VC

San Carlos, United States

Leading

About

Propel Venture Partners is a venture capital firm dedicated to investing in the new financial economy. Founded in 2016, Propel focuses on early-stage investments ranging from pre-seed to Series A, with typical investment amounts between $1.5 million and $12 million. The firm targets startups that enable, accelerate, deliver, and secure financial services across the Americas, including the US, Brazil, and Mexico. Propel's portfolio features a diverse array of innovative companies such as Brave, Coinbase, Groww, and Guideline. These companies are at the forefront of financial technology and digital services, spanning sectors like blockchain, fintech, and digital payments. The Propel team is led by experienced professionals including General Partners Jay Reinemann and David Mort. Jay has over two decades of experience in early-stage investing, with a background at Visa and BBVA. David brings a decade of venture capital experience from his time at SVB and BBVA. Propel offers a collaborative approach to investing, willing to both lead and follow in funding rounds while actively supporting the growth of their portfolio companies.

Details

Highlights

$10.3M

Historical average check

$1.6B

Historical max check

October 2024

Last investment date

60

Investments

Fintech & Financial services

Software & Apps

Legal & Professional services

E-commerce & Retail

Consumer Goods & Electronics

Real Estate & Proptech

Web 3.0

Data & Analytics

Security & Privacy

Other

Funds that also invest in AI & Deep Tech