# Propel Capital: portfolio, investments and team > Propel Capital is a vc firm based in United States. 7 investments on record, latest Feb 2025. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/propel-2 (Millionrounds; every figure on the page links to its filing or article) United States · [Investor](https://millionrounds.com/investors) # Propel Capital Filed with the SEC to raise a fund in Nov 2026, closing $0M. Last cheque observed Feb 2025. Email VC firm Quiet New fund $185K, Nov 2026 Website unconfirmed Pre-seed Seed Series A Utilities Smart Grid Renewable Follow Propel Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fpropel-2) Cheques on record **0%** of best year **0** **cheques in 12 months**, 7 on record Since the last cheque **619** days **00** hrs **00** min **00** sec Median round **$19M** Rounds led **0 of 7** Mostly in **Brazil, 43%** Pitch Propel Capital ## Propel Capital highlights - 01 7 rounds on record - 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-seed Seed Series A Series B - **Sectors:** Utilities Smart Grid Renewable - **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](https://millionrounds.com/corrections?slug=propel-2). ## The record Every round we can evidence, newest first **7 appearances** - **2025** 1 round - **Feb** **[Azos](https://millionrounds.com/company/azos)** Series B · BR · LatamList **$31M** With 4 others - **2024** 1 round - **Oct** **[Akua](https://millionrounds.com/company/akua)** Seed · CO · LatamList **$4.3M** With 5 others - **2019** 4 rounds - **Nov** **[Neon](https://millionrounds.com/company/neon)** Series B · BR · FinSMEs **$97M** With 6 others - **Mar** **[Mursion](https://millionrounds.com/company/mursion)** Series A · US · FinSMEs **$8.0M** With 6 others - **Mar** **[Ease](https://millionrounds.com/company/ease)** Series B · US · FinSMEs **$19M** With 4 others - **Jan** **[Groww](https://millionrounds.com/company/groww)** Series A · IN · Tech in Asia **$6.2M** With 2 others - **2018** 1 round - **May** **[Neon](https://millionrounds.com/company/neon)** Series A · BR · FinSMEs **$22M** With 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 registration **2 named** KT **Kelly Tim** Executive Officer i Filing they signed TK **Tim Kelly** Executive Officer i Filing 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 file numbered funds in its name New fund on file **$185K** raised in Nov 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Pre-seed Seed Series A Median round joined **$19M** the round, not its cheque Led 0 of 7 rounds **0%** - **Sole investor:** Never alone - **Last cheque:** Feb 2025 Rounds by stage said on their site - Series A said *3* - Series B said *3* - Seed said *1* - Pre-seed said *-* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Monashees](https://millionrounds.com/fund/monashees) 2 - [Omidyar Network](https://millionrounds.com/fund/omidyar-network) 2 - [Quona Capital](https://millionrounds.com/fund/quona-capital) 2 **Pitching Propel Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## 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. [**Monashees** VC firm **2** rounds together](https://millionrounds.com/fund/monashees)[**Omidyar Network** Family office **2** rounds together](https://millionrounds.com/fund/omidyar-network)[**Quona Capital** VC firm **2** rounds together](https://millionrounds.com/fund/quona-capital) ## Recently backed The latest companies Propel Capital put money into. [**Azos** $31M · Feb 2025](https://millionrounds.com/company/azos)[**Mursion** $8.0M · Mar 2019](https://millionrounds.com/company/mursion)[**Groww** $6.2M · Jan 2019](https://millionrounds.com/company/groww) ## 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? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=propel-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=propel-2)