Propel Software Solutions

About

Propel helps product teams work smarter, faster and collaborate better with product value management (PVM) software.

Santa Clara,California,United States
51 - 100
https://www.propelsoftware.com/

Highlights

Details

Last Funding Type: Series C
Last Funding Money Raised: $20M
Industries: Cloud Infrastructure,Enterprise Software,SaaS,Software
Founded date: Jan 1, 2015
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Propel Software, Inc
Also Known As: Propel

Propel helps product companies grow revenue and increase business value. Our product value management platform connects commercial and product teams to optimize decision making, drive process efficiencies, and engage customers with compelling products and experiences. Propel has a proven track record of improving product quality, speeding time to revenue and profit, and improving customer satisfaction. Recognized as a Deloitte Technology Fast 500 winner, Propel is built on Salesforce and drives product success for hyper growth startups, corporate pioneers, and Fortune 500 leaders in the high tech, medtech and consumer goods industries. For more information, visit propelsoftware.com and follow us on LinkedIn.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$48.19M

Propel Software Solutions has raised a total of $48.19M in funding over 2 rounds. Their latest funding was raised on Sep 21, 2021 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Sep 21, 2021	Series C	$20M	7	Salesforce Ventures	—	Detail
Nov 15, 2018	Series B	$18M	5	Norwest Venture Partners	—	Detail
Oct 23, 2017	Series Unknown	$5.99M	1	—	—	Detail
Mar 10, 2016	Series A	$4.20M	5	Cloud Apps Capital Partners	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

10

Propel Software Solutions is funded by 10 investors. Salesforce Ventures and Norwest Venture Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Salesforce Ventures	Yes	Series C
Norwest Venture Partners	—	Series C
Alumni Ventures	—	Series C
Ankona Capital Partners	—	Series C
Cloud Apps Capital Partners	—	Series C
Green D Ventures	—	Series C
TIFF Investment Management	—	Series C
SignalFire	—	Series B
Egora Holding	—	Series A
Kortschak Investments L.P.	—	Series A