About Propelle
Propelle is a company based in London (United Kingdom) founded in 2022 by Ayesha Ofori. It operates as a Subscription Services, and FinTech. Propelle has raised $596.77 thousand across 1 funding round. Propelle offers products and services including Investment App and Pro Membership. Propelle operates in a competitive market with competitors including RiskSmith, LVL1 Group, planD, Coremont and MPGI, among others.
- Headquarter London, United Kingdom
- Founders Ayesha Ofori
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Propelle (Network) Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$596.77 K (USD)
in 1 rounds
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Latest Funding Round
$596.77 K (USD), Seed
Jul 12, 2022
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Investors
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Employee Count
Employee Count
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Products & Services of Propelle
Propelle offers a comprehensive portfolio of products and services, including Investment App and Pro Membership. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
An app for women-focused investment and education.
Membership offering courses, webinars, and community support.
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CTO Team
1 people
Leadership Team
1 people
Product Management Team
1 people
Senior Team
1 people
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Funding Insights of Propelle
Propelle has successfully raised a total of $596.77K through 1 strategic funding round. The most recent funding activity was a Seed round of $596.77 thousand completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $596,770
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First Round
First Round
(12 Jul 2022)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2022 | Amount | Seed - Propelle | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Propelle
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Propelle
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Propelle Comparisons
Competitors of Propelle
Propelle operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RiskSmith, LVL1 Group, planD, Coremont and MPGI, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Online platform for portfolio management solutions
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| domain | founded_year | HQ Location |
Operates a digital hub providing investment management solutions.
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| domain | founded_year | HQ Location |
Financial services for private investment markets
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| domain | founded_year | HQ Location |
Provides cloud-based portfolio management and analytics for investment managers worldwide.
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| domain | founded_year | HQ Location |
Investment management platform for internet companies is operated.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Propelle
Frequently Asked Questions about Propelle
When was Propelle founded?
Propelle was founded in 2022.
Where is Propelle located?
Propelle is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Propelle?
Ayesha Ofori is the current CEO of Propelle. They have also founded this company.
Is Propelle a funded company?
Propelle is a funded company, having raised a total of $596.77K across 1 funding round to date. The company's 1st funding round was a Seed of $596.77K, raised on Jul 12, 2022.
What does Propelle do?
Propelle is dedicated to closing the gender wealth gap in the UK by providing an investment platform tailored for women. Services include a mobile app with curated investment funds, financial education through structured courses, and a supportive community. Solutions also encompass sustainable and Shariah-compliant funds, alongside access to expert advice. The platform operates in the financial services sector, targeting wealth-building opportunities for women with transparent and accessible tools.
Who are the top competitors of Propelle?
Propelle's top competitors include Martley Capital, RiskSmith and planD.
What products or services does Propelle offer?
Propelle offers Investment App and Pro Membership.