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Propel Software

Propel Software

Private
Redwood City, CaliforniaEnterprise Softwarehttps://www.propelsoftware.com/

Last Round

Series C

Sep 21, 2021

Est. Valuation

$42M

Total Funding Raised

$48M

Company Overview

Propel Software is a business/productivity software company that offers a product value management platform integrating product lifecycle management, product information management, and quality management solutions.

Sector

Enterprise Software

Verticals

Smart Manufacturing, Quality Management, Supply Chain, Vertical SaaS

Business Model

B2B

Customer Profile

Subscription SaaS, Services & Consulting

AI Layer

Application

Keywords

product lifecycle managementPLMquality management systemQMSproduct information managementPIMmanufacturing softwareagentic AImulti-CAD integrationmodel context protocolMCPSalesforce ecosystemproduct innovation platformindustrial SaaSconnected PLMAI agents

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Caplight Momentum Score

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Propel Software Comparables

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Propel Software comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
ComplianceQuest
83%
PTC
78%
Unifize
75%

Propel Software Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series CSep 21, 2021
Series BNov 15, 2018
Series AMar 10, 2016

Key People

Founding team and executive leadership

Kishore Subramanian

Chief Technology Officer

Executive Team

Paolo Battaglini

Chief Financial Officer (CFO)

Executive Team

Eric Schrader

Chief Product Officer

Executive Team

Propel Software Investors

Notable investors and investment history

Propel Software investors
InvestorRounds
Salesforce VenturesSeries B, Series A, Series C
Norwest Venture PartnersSeries C, Series B
Cloud Apps Capital PartnersSeries B, Series C, Series A
Bessemer Venture PartnersSeries B, Series C
Ankona CapitalSeries C
TIFF Investment ManagementSeries C
SignalFireSeries B, Series C, Series A

Market signals

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  • Sep 21, 2021

    $20M round led by Salesforce Ventures.

  • Nov 15, 2018

    $18M round led by Norwest Venture Partners.

Propel Software Filings

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Propel Software filings preview — column headings only; records require access
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Frequently Asked Questions

Common questions about Propel Software's valuation, stock price, and market status.

Is Propel a public or private company?

Propel is a private company.

What is the current stock price of Propel?

Propel is a private company with no public stock price. No recent secondary market data is available.

How much is Propel worth (valuation)?

Valuation information for Propel is not publicly available.

Can I buy Propel stock?

Propel shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Propel's last funding round?

Propel's most recent funding round was Series C on September 21, 2021.

Who are the main investors in Propel?

Key investors in Propel include Salesforce Ventures, Norwest Venture Partners, Cloud Apps Capital Partners.

Will Propel IPO soon?

No public IPO plans have been announced for Propel.

How can I track Propel secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Propel's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersRedwood City, California
Employee Range90
Year Founded2015
Last FundingSep 21, 2021

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