About Propello Cloud
Propello Cloud is a company based in Preston (United Kingdom) founded in 2019.. Propello Cloud has raised $895.45 thousand across 2 funding rounds from investors including DSW Ventures. The company has 8 employees as of June 30, 2022. Propello Cloud offers products and services including Rewards Platform, Loyalty Programme Management, and Partner Marketing Platform. Propello Cloud operates in a competitive market with competitors including Thanx, Influitive, Merryfield, 360insights and AppCard, among others.
- Headquarter Preston, United Kingdom
- Employees 8 as on 30 Jun, 2022
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Propello Cloud Ltd
- Date of Incorporation 22 Feb, 2018
- Jurisdiction RIBCHESTER, LANCASHIRE, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$895.45 K (USD)
in 2 rounds
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Latest Funding Round
$791.88 K (USD), Seed
Nov 29, 2022
- Investors
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Employee Count
8
as on Jun 30, 2022
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Products & Services of Propello Cloud
Propello Cloud offers a comprehensive portfolio of products and services, including Rewards Platform, Loyalty Programme Management, and Partner Marketing Platform. 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.
Platform for launching customer reward portals without coding.
Manages loyalty programs with marketing support and automation.
Enables partner rewards to enhance customer value and revenue.
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Funding Insights of Propello Cloud
Propello Cloud has successfully raised a total of $895.45K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $791.88 thousand completed in November 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 2
- Last Round Seed — $791,876
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First Round
First Round
(21 Oct 2020)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2022 | Amount | Seed - Propello Cloud | Valuation | DSW Ventures |
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| Oct, 2020 | Amount | Seed - Propello Cloud | 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 |
Investors in Propello Cloud
Propello Cloud has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include DSW Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in early-stage UK regional startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Propello Cloud
| 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 - Propello Cloud
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Propello Cloud Comparisons
Competitors of Propello Cloud
Propello Cloud 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 Thanx, Influitive, Merryfield, 360insights and AppCard, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Loyalty management solutions are provided for offline retail stores.
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| domain | founded_year | HQ Location |
Advocate marketing software is provided for B2B technology firms.
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| domain | founded_year | HQ Location |
Loyalty program services are provided to businesses by Merryfield.
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| domain | founded_year | HQ Location |
SaaS platform for channel loyalty and incentive management is provided.
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| domain | founded_year | HQ Location |
Loyalty program platform
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| domain | founded_year | HQ Location |
Platform offering loyalty solutions for offline businesses
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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 Propello Cloud
Frequently Asked Questions about Propello Cloud
When was Propello Cloud founded?
Propello Cloud was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Propello Cloud located?
Propello Cloud is headquartered in Preston, United Kingdom. It is registered at Preston, Lancashire, United Kingdom.
Is Propello Cloud a funded company?
Propello Cloud is a funded company, having raised a total of $895.45K across 2 funding rounds to date. The company's 1st funding round was a Seed of $103.57K, raised on Oct 21, 2020.
How many employees does Propello Cloud have?
As of Jun 30, 2022, the latest employee count at Propello Cloud is 8.
What does Propello Cloud do?
Propello Cloud was founded in 2019 in Preston, United Kingdom, operating in the loyalty and engagement sector. A white-label platform is offered to deliver reward-based solutions, enabling customized management for businesses. Churn is addressed, and customer loyalty is supported through access to brand discounts. The fully managed service integrates engagement tools across user bases in the UK market.
Who are the top competitors of Propello Cloud?
Propello Cloud's top competitors include Thanx, Merryfield and PoshVine.
What products or services does Propello Cloud offer?
Propello Cloud offers Rewards Platform, Loyalty Programme Management, and Partner Marketing Platform.
Who are Propello Cloud's investors?
Propello Cloud has 1 investor. Key investors include DSW Ventures.
What is Propello Cloud's valuation?
The valuation of Propello Cloud is $4.67M as of Nov 2022.