Propel(x)

San Francisco, United States Founded: 2014 • Age: 12 yrs
Deep technology startups are funded via equity crowdfunding platform.
Annual revenue - Latest available
Total funding $7.0M 3 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Propel(x)

Propel(x) is a company based in San Francisco (United States) founded in 2014. Propel(x) has raised $7 million across 3 funding rounds from investors including Franklin Templeton, EvoNexus and Zhen Fund. Propel(x) offers products and services including Investment Platform and SPVs-as-a-Service. Propel(x) operates in a competitive market with competitors including Seedinvest, Gust, StartEngine, Equitise and RedCrow, among others.

  • Headquarter San Francisco, United States
  • Sectors
    Financial Services
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Propel(X) Inc.
Operational Areas
Financial Services → Private Capital & Alternative Investments Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $7 M (USD)

    in 3 rounds

  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    Not available
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Products & Services of Propel(x)

Propel(x) offers a comprehensive portfolio of products and services, including Investment Platform and SPVs-as-a-Service.

Product name locked
Category locked
Primary

Platform for alternative investments in startups and funds.

Product name locked
Category locked
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Service for creating and managing investment syndicates.

People of Propel(x)

Headcount 10-50
Employee Profiles 9
Board Members and Advisors 5
Employee Profiles
People
Swati Chaturvedi
Co-Founder & CEO
People
Jason May
Chief Technology Officer
People
Lisheng Wang
Co-Founder & Head, Investments
People
Mariano Troccoli
Investor

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Board Members and Advisors
people
Veda Narayanan
Advisor
people
Pierre Caramazza
Advisor
people
Ronjon Nag
Board Member
people
Chaomei Chen
Board Member

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Funding Insights of Propel(x)

Propel(x) has successfully raised a total of $7M across 3 strategic funding rounds. 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.

Investors in Propel(x)

Propel(x) has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Franklin Templeton, EvoNexus and Zhen Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
12-18 month incubation programs are provided for startups in California.
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Tech & Offline focused Seed stage VC Firm investing primarily in Asia and the US
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Angel investment and mentorship are provided to innovative startups.
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Investor details for Propel(x)

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Propel(x)

Investments
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Investment portfolio details for Propel(x)

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  • Transaction dates
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Financial Statements - Propel(x)

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Detailed financials for Propel(x)

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Propel(X) Comparisons

Propel(x) Primary company
Description
Deep technology startups are funded via equity crowdfunding ...
Location
San Francisco, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Propel(x)

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Competitors of Propel(x)

Propel(x) 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 Seedinvest, Gust, StartEngine, Equitise and RedCrow, among others.

Company Name Domain Founded year HQ Location Description
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Startups are connected to investors via equity and revenue-based crowdfunding.
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Startups are connected to investors via a crowdfunding platform.
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Equity crowdfunding for startups and private companies is enabled.
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Equity crowdfunding is provided for early-stage innovative companies.
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Equity crowdfunding for healthcare and social ventures is facilitated online.
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Detailed competitors of Propel(x)

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Latest news on Propel(X)

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Complete news archive for Propel(x)

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Frequently Asked Questions about Propel(x)

Propel(x) was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Propel(x) is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Propel(x) is a funded company, having raised a total of $7M across 3 funding rounds to date.

Founded in 2014 and based in San Francisco, United States, Propel(x) operates as an online platform for equity investments in deep technology startups. These startups, derived from scientific discoveries or innovations, are vetted with a lead investor assigned. Investments are restricted to accredited investors, with no fees applied. Funds are pooled into LLC vehicles for collective investment into individual startups, allowing commitments starting at 3000.

Propel(x)'s top competitors include StartEngine, Seedinvest and Gust.

Propel(x) offers Investment Platform and SPVs-as-a-Service.

Propel(x) has 7 investors. Key investors include Franklin Templeton, EvoNexus, Zhen Fund, MIT Alumni Angels of Northern California, and CLI Ventures.

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