Company attributes
Industry
B2X
AngelList URL
Pitchbook URL
Parent Organization
Number of Employees (Ranges)
1 – 10
Email Address
hello@propel.vc
Phone Number
+14157549344
Investors
Founded Date
2016
0Total Funding Amount (USD)
302,059,500
Latest Funding Round Date
July 2021
Business Model
Commerce
Wellfound ID
Venture Capital Firm attributes
Invested in
Other attributes
Company Operating Status
Active
Latest Funding Round Amount (USD)
52,059,500
Founded in 2016, Propel Venture Partners is a venture capital investment firm that is based in San Francisco, California. The firm prefers to invest in Series A round with companies focusing on financial services and technology sectors.
Propel Venture Partners was started in 2016 when Spanish bank BBVA closed its in-house venture arm, BBVA Ventures. The BBVA Ventures portfolio and $250 million in funding where put into Propel Venture Partners. BBVA is a limited partner in Propel Venture Partners, who maintain their independence otherwise. Their investments focus on payments, credit, insurance, wealth management, e-commerce, security and compliance.
Propel Venture Partners also manages two investment vehicles on behalf of BBVA.
Timeline
No Timeline data yet.
