Propel
VC Fund
San Francisco, United States
Propel is a VC fund in San Francisco focused on FinTech and Financial Services. Propel Venture Partners is a venture capital that ocuses on early-stage startups, primarily within the financial services sector. 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 with follow-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:
- 81
- Last investment:
- Lead investor:
- 35%
- Fund size:
- $100M
- 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 | |
|---|---|---|---|
Round size
- Seed
- $2.8M–$11M
- Series A
- $6.2M–$15M
- Series B
- $14M–$31M
Investment Focus
Industry
- FinTech 21 (26%)
- Financial Services 19 (23%)
- Software 17 (21%)
- Finance 8 (10%)
- SaaS 7 (9%)
Stage
- Seed 24 (30%)
- Series A 15 (19%)
- Series B 10 (12%)
- Series C 6 (7%)
- Series D 6 (7%)
Country
- United States 34 (42%)
- Brazil 6 (7%)
- Mexico 2 (2%)
- United Kingdom 2 (2%)
- 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 |
|---|---|---|---|
| Agency Tool Company develops software infrastructure for robotics teams. Its ATC Deploy product delivers operating system images, container images, file bundles, configurations, models, and other artifacts to robots and manages rollout, rollback, fleet segmentation, and deployment visibility. Its ATC Build product provides hosted continuous-integration runners using embedded hardware such as NVIDIA Jetson platforms, allowing teams to test software on target hardware. The products integrate with common robotics software, container, source-control, and CI workflows. | Seed / Sep 15, 2026 | ||
| 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 | ||
| 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 81 investments → | |||
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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 81 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What round sizes does Propel invest in?
Propel typically joins rounds of $2.8M–$11M at Seed, $6.2M–$15M at Series A and $14M–$31M at Series B. These are whole funding-round sizes, not Propel's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Propel took part 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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