Propel
PrivateLast Round
Grant
Aug 28, 2024
Est. Valuation
$500M
Total Funding Raised
$70.56M
Momentum
Top 1%
of companies Caplight tracks
Company Overview
Propel is a fintech company that provides a mobile finance platform designed to help low-income individuals manage government benefits, track spending, and access financial resources.
Sector
FinTech
Verticals
Lending & Credit, Digital Banking, Credit Scoring, Compliance & Risk
Business Model
B2C
Customer Profile
Services & Consulting, Data as a Service, Payment Processing Fee
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Propel Comparables
Compare Propel with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Elevate Credit | 84% | |
| OppFi Inc. | 81% | |
| Possible Finance | 81% | |
Propel Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Grant | Aug 28, 2024 | ||||
| Series B | Mar 8, 2022 | ||||
| Series A | Dec 14, 2018 | ||||
| Seed | Apr 27, 2017 | ||||
| Pre Seed | Jun 11, 2015 | ||||
Crowdfunding | Aug 1, 2014 |
Key People
Founding team and executive leadership
Propel Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Andreessen Horowitz | Series B, Seed, Series A |
| Financial Solutions Lab | Seed |
| SciFi Ventures | Seed |
| Salesforce Ventures | Series B |
| Flourish Ventures | Series B |
| Restive Ventures | Series A |
| Gates Foundation | Grant |
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 24, 2026
Monthly visitors increased 54% MoM.
- May 16, 2026
Monthly visitors increased by 34% MoM.
Propel Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Propel's valuation, stock price, and market status.