Propel
VC Fund
San Francisco, United States
Propel is a VC fund in San Francisco focused on FinTech and Financial Services. Propel is investing in founders creating “the new economy.” The financial services sector is the primary driver of many economies, and opportunities to enable, accelerate, deliver, and secure value exchange are immense and diverse. Propel invests primarily from Pre-Seed to Series A in the Americas with initial check sizes from $500k to $5M withfollow-on capital much higher. Portfolio companies include Coinbase, Nomad, Neon, Guideline, Groww, SumUp, Newfront, and Safebooks. Propel is headquartered in the SF Bay Area and has an office in Jackson Square.
- Total investments:
- 76
- Last investment:
- Lead investor:
- 34%
- Fund size:
- $59M
- Last fund:
Last updated:
For AI agents: llms.txt
Industries Propel invests in
Stages Propel invests in
Countries Propel invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
2 more contacts available
Round size
- Seed
- $2.8M–$11M
- Series A
- $6.2M–$15M
- Series B
- $14M–$31M
Investment Focus
Industry
- FinTech 21 (28%)
- Financial Services 19 (25%)
- Software 15 (20%)
- Finance 8 (11%)
- Artificial Intelligence 7 (9%)
Stage
- Seed 23 (30%)
- Series A 15 (20%)
- Series B 10 (13%)
- Series C 6 (8%)
- Series D 6 (8%)
Country
- United States 32 (42%)
- Brazil 6 (8%)
- Mexico 2 (3%)
- United Kingdom 2 (3%)
- Chile 1 (1%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
|
Braeden Norris
Investor
|
Investor | Total investments: 0 | Find email | |
|
Elton Chang
Investor
|
Investor | Total investments: 1 | Find email | |
|
Jay Reinemann
Partner
|
Partner | Total investments: 9 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
|
|
Bond specialises in full-service accounting automation for SMEs (small and medium enterprises). | $2M / Pre-Seed / Apr 15, 2026 | |
|
|
Opine helps to automate the pre-sales efforts for enterprise software transaction by removing the hassle of managing POCs. | $5M / Seed / Dec 09, 2025 | |
|
|
Safebooks AI develops a platform for enterprises to automate the quality verification of financial data. It enables enterprises to sign off on 100% of their financial data. | $15M / Seed / Dec 09, 2025 | |
|
|
Cavela automates the process of finding the right supplier and connects you to the entire global manufacturing ecosystem. | $6.6M / Seed / Nov 19, 2025 | |
|
|
Azos is an insurtech firm that offers best in class insurance life insurance products in the Brazilian market. The company was founded by Rafael Cló, Bernardo Ribeiro, and Renato Farias and is headquartered in Sao Paulo, Brazil. | $30.5M / Series B / Feb 19, 2025 | |
|
|
Surus is a platform for the future of finance, built on top of our licensed and regulated financial institution.Surus is an institutional-grade asset management, custody, and compliance. | $8M / Seed / Feb 13, 2025 | |
|
|
Akua is an acquiring-as-a-service platform that offers scalable, secure, and efficient payment processing solutions for Latin America. Our platform leverages advanced technology to provide superior transaction processing, fraud prevention, and comprehensive regional integration. Problem Latin America's acquiring card payment markets aredominated by a few incumbents using outdated systems, hindering the adoption of new payment technologies and increasing fraud risks. | $4.3M / Seed / Oct 21, 2024 | |
|
|
Fintoc is an API that lets online businesses accept instant payments coming directly from the customer’s bank account. The company was founded in March 2020 by Cristóbal Griffero and Lukas Zorich and is headquartered in Santiago, Region Metropolitana, Chile. | $7M / Series A / Apr 25, 2024 | |
|
|
Fintoc is an API that lets online businesses accept instant payments coming directly from the customer’s bank account. The company was founded in March 2020 by Cristóbal Griffero and Lukas Zorich and is headquartered in Santiago, Region Metropolitana, Chile. | $7M / Series A / Apr 25, 2024 | |
|
|
Parcha is an AI-powered enterprise software that enables businesses to automate their scale compliance and operations. | $3.3M / Seed / Aug 08, 2023 | |
| See all 76 investments → | |||
Co-Investors
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Find investors for your startup
Search 48,091 investors by industry and country. Emails and phones included.
Similar Investors
Similar industry
Similar country
Featured in Investor Lists
Recommended lists
FAQ
What does Propel invest in?
Propel invests primarily in FinTech, Financial Services and Software startups, most often at Seed and Series A stage. Most of the 76 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Propel's check size?
Propel typically joins rounds of $2.8M–$11M at Seed, $6.2M–$15M at Series A and $14M–$31M at Series B. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Propel participates in.
How do I contact Propel?
Public channels for Propel include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Propel?
The team at Propel includes Braeden Norris (Investor), Elton Chang (Investor) and Jay Reinemann (Partner). The Team section lists each member with their title, investment count and links.
Is Shizune's investor data accurate?
Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
Contact your first 100 investors today
Find who invests in your industry, stage, and country. Download investor list with emails in 5 minutes.
Find investors — It's Free!