About Propelo
Propelo is a Technology company based in Sunnyvale (United States) founded in 2019, and was acquired by Harness in January 2023. DevOps application quality is analyzed via cloud and AI metrics. Propelo has raised $12 million across 1 funding round from investors including Harness, Decibel and Fathom Capital. Its focus areas include Enterprise Infrastructure, DevOps, Application Analysis and Quality Analytics. Its competitors include LogRocket and OpenContext; 2 of its 2 listed competitors have raised funding.
Company details
Founded in 2019 and based in Sunnyvale, United States, Propelo operates in the DevOps sector. Cloud and AI technologies are utilized to deliver real-time engineering metrics, supporting improvements in team performance across sprints. Key areas addressed include development velocity, code quality, shift-left security practices, and data hygiene. Data from various DevOps toolchains is correlated to facilitate secure transmission throughout development lifecycles.
- Headquarters Sunnyvale, United States
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website propelo.ai
- Social LinkedIn X
- Acquired by Harness (Jan 2023)
Funding Insights of Propelo
Propelo has successfully raised a total of $12M through 1 strategic funding round. The most recent funding activity was a Series A round of $12 million completed in November 2021. 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 $12M
- Total Rounds 1
- Last Round Series A — $12M
- First Round $12M
(Nov 2021)
- Investors Count 4
All 1 funding rounds of Propelo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2021 | $12M | Series A | – | Decibel |
5 investors in total: 5 institutional.
Investors in Propelo
Propelo has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Harness, Decibel and Fathom Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Decibel is focused on investing in technical software startups. | decibel.vc | |||
| fathomcap.com | ||||
US focused seed and early-stage VC firm | eniac.vc | San Francisco, United States | ||
Automatic builds, testing, and deployments are managed via self-service platform. | 2017 | harness.io | San Francisco, United States |
Investor details for Propelo
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People of Propelo
18 people are tracked at Propelo (4 in leadership, 5 in board & advisors, 9 in team).
| Name | Role | Group |
|---|---|---|
Mahesh Kumar | CMO | Leadership |
Shane Yost | Chief Revenue Officer | Leadership |
Sophie Gaston | Assistant Director | Leadership |
Chris Abbott | Development Director | Leadership |
Corrina O'Beirne | Director | Board & advisors |
James Sturdy | Director | Board & advisors |
Adam Brett | Director | Board & advisors |
Phil Watt | Director | Board & advisors |
Philip Severs | Strategic Finance Advisor | Board & advisors |
Helen Jones | Finance Manager | Team |
Yashaswini Raghavan | Principal Product Manager | Team |
Emily Wharton | Assistant Consultant | Team |
Lauren Freeman | Business Systems Coordinator | Team |
Charlie Wiffen | Senior Business Systems Coordinator | Team |
Adrian Anderson | Senior Associate, Behaviour & Attendance | Team |
Paula Waugh | Senior Consultant | Team |
Charley Freeborn | Assistant Consultant | Team |
Ajay Sakat | Senior Software Engineer | Team |
Complete people profiles for Propelo
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Timeline of Propelo
3 dated milestones of Propelo across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Propelo is founded.
- Funding First funding round of $12.0M.
- Exit Acquired by Harness.
Competitors of Propelo
Propelo has 2 listed competitors in our database, 2 of them funded. They include LogRocket and OpenContext.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| logrocket.com | 2016 | Cambridge, United States | $51M | 110 | User sessions are recorded and replayed to identify bugs. | |
| opencontext.com | 2021 | Portland, United States | $2M | A cloud-based platform for analyzing applications. |
Detailed competitors of Propelo
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Top companies in DevOps
3 companies that operate in the same segment as Propelo (DevOps) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software for continuous application development and deployment. | 2013 | San Francisco, California, United States | USD 212 M | 205 | ||
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Cloud-based feature management platform is utilized for software deployments. | 2014 | Oakland, California, United States | USD 330.3 M | 676 |
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Related news about Propelo
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Frequently Asked Questions about Propelo
Propelo was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Propelo is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.
Propelo is a funded company, having raised a total of $12M across 1 funding round to date. The company's 1st funding round was a Series A of $12M, raised on Nov 2021.
Founded in 2019 and based in Sunnyvale, United States, Propelo operates in the DevOps sector. Cloud and AI technologies are utilized to deliver real-time engineering metrics, supporting improvements in team performance across sprints. Key areas addressed include development velocity, code quality, shift-left security practices, and data hygiene. Data from various DevOps toolchains is correlated to facilitate secure transmission throughout development lifecycles.
Propelo's top competitors include LogRocket and OpenContext.
Propelo has 5 investors. Key investors include Harness, Decibel, Fathom Capital, Eniac Ventures, and Fike Ventures.
Yes. Propelo was acquired by Harness in January 2023.