United States · Investor

Propel Capital

Filed with the SEC to raise a fund in Nov 2026, closing $0M. Last cheque observed Feb 2025.

VC firmQuietNew fund $185K, Nov 2026Website unconfirmed

Pre-seedSeedSeries AUtilitiesSmart GridRenewable

Cheques on record
0%of best year0cheques in 12 months, 7 on record
Since the last cheque619days00hrs00min00sec
Median round$19MRounds led0 of 7Mostly inBrazil, 43%
Pitch Propel Capital

Propel Capital highlights

  1. 01

    7 rounds on record

  2. 02

    Mostly Series A and Series B: 86% of its rounds

What they do

Type
VC firm (from a list, unverified)
Cheque size
Not stated
Stages
Pre-seedSeedSeries ASeries B
Sectors
UtilitiesSmart GridRenewable
Based in
New York, United States
Cold pitches
Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. Tell us the right one.

The record

Every round we can evidence, newest first7 appearances

  1. 2025

    1 round

  2. Feb
    AzosSeries B · BR · LatamList$31MWith 4 others
  3. 2024

    1 round

  4. Oct
    AkuaSeed · CO · LatamList$4.3MWith 5 others
  5. 2019

    4 rounds

  6. Nov
    NeonSeries B · BR · FinSMEs$97MWith 6 others
  7. Mar
    MursionSeries A · US · FinSMEs$8.0MWith 6 others
  8. Mar
    EaseSeries B · US · FinSMEs$19MWith 4 others
  9. Jan
    GrowwSeries A · IN · Tech in Asia$6.2MWith 2 others
  10. 2018

    1 round

  11. May
    NeonSeries A · BR · FinSMEs$22MWith 5 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

The team

Named by the firm itself, on a filing, its Form ADV or its company registration2 named

KTKelly TimExecutive OfficeriFiling they signed
TKTim KellyExecutive OfficeriFiling they signed

We also hold 2 people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

What the register says

From the firm's own filings with the SEC, which it must file accurately by law

2+funds on filenumbered funds in its name

Who they invest alongside

The investors most often in the same rounds as Propel Capital. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Propel Capital put money into.

Quick answers about Propel Capital

What does Propel Capital invest in?

Propel Capital invests most often at Series A and Series B (86% of the rounds on record), in sectors such as Utilities, Smart Grid and Renewable.

How active is Propel Capital?

7 investments on record, 0 of them in the last 12 months. The most recent was in Feb 2025.

What has Propel Capital invested in recently?

Its most recent investments on record: Azos (Series B, Feb 2025), Akua (Seed, Oct 2024) and Neon (Series B, Nov 2019).

How big are Propel Capital's cheques?

The median round it joins is $19M.

Does Propel Capital lead rounds?

Rarely, if at all: none of its 7 investments on record names it as the lead.

Where does Propel Capital invest?

Most of the companies it backs are in Brazil (43%), the United States (29%) and Colombia (14%).

Is Propel Capital investing now?

No investments in the last 12 months; the latest was in Feb 2025.

Who does Propel Capital invest alongside?

Most often Monashees (2 rounds together), Omidyar Network (2 rounds together) and Quona Capital (2 rounds together).

Raising now?

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Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it