Propel Software logo — Propel is the only solution that combines all the capabiliti...

Propel Software

Propel is the only solution that combines all the capabilities of PLM, PIM, and QMS on a modern cloud platform.

Founded 2015 United States Redwood City, United States 129 employees Series C Total: $48.20M Cloud Infrastructure, Enterprise Software +1

General Information

Company Name Propel Software
Founded Year 2015
Location United States Redwood City, United States
Employees 129
Industries Cloud Infrastructure, Enterprise Software, SaaS
Funding Stage Series C
Social

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About Propel Software

Propel Software is a company that aims to assist product companies in collaborating smarter and moving faster to better satisfy their customers and shareholders. Offering a product value management platform, the company connects commercial and product teams to optimize decision-making and drive process efficiencies, ultimately leading to improved customer satisfaction. Founded in 2015 and headquartered in the United States, Propel has gained recognition in the industry, being acknowledged as a 3x Deloitte Technology Fast 500 winner and earning a place on Fortune's America’s Most Innovative Companies 2023 list. The company's platform is built on Salesforce and has shown success in helping hyper-growth startups, corporate pioneers, and Fortune 500 leaders in high tech, medtech, and consumer goods industries.

Recently, Propel Software secured a $20.00M Series C investment on 21 September 2021, with participation from notable investors including Norwest Venture Partners, Salesforce Ventures, Alumni Ventures Blockchain Fund, Ankona Capital Partners, Cloud Apps Capital Partners, Green D Ventures, and TIFF Investment Management.

Recognized for their achievements, Propel Software's CEO Ross Meyercord has been featured in the Forbes Tech Council, while the company's Chief Strategy Officer Ray Hein was appointed to the Fast Company Executive Board. The company offers industry insights, podcasts, and testimonials from satisfied customers on its website, showcasing its commitment to customer engagement and success.

To learn more about Propel Software, readers can visit their website, subscribe to their newsletter, or follow them on Twitter. Overall, Propel Software demonstrates promising potential in the cloud infrastructure, enterprise software, and SaaS industries, making it an intriguing prospect for potential investors.

Taxonomy: product management, collaboration platform, decision-making, process efficiencies, revenue growth, business value, Deloitte Technology Fast 500, Fortune 500, Forrester Wave, innovation, industry insights, podcasts, high tech industry

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $20.00M 7
Norwest Venture Partners, Ankona Capital +5
21 Sep 2021
Series B $18.00M 3
SignalFire, Salesforce Ventures +1
15 Nov 2018
Venture Round $6.00M -
23 Oct 2017
Series A $4.20M -
10 Mar 2016

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FAQ About Propel Software

Propel is the only solution that combines all the capabilities of PLM, PIM, and QMS on a modern cloud platform.
Propel Software was founded in 2015.
Propel Software is headquartered in Redwood City, United States.
Propel Software operates in Cloud Infrastructure, Enterprise Software and SaaS. Its work centres on product management, collaboration platform, decision-making and process efficiencies.
Propel Software has approximately 129 employees.
Propel Software has completed 4 funding rounds, raising a total of $48.20M. The latest funding stage is Series C.
Top alternatives and competitors to Propel Software include Sidetrade, Demand Solutions Group, Looker, Montage, Smartsheet. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Propel Software and Sidetrade are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Propel Software, https://bouncewatch.com/company/propel-software, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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