# Propel Venture Partners: portfolio, investments and team

> Propel Venture Partners is a vc firm based in United States. 11 investments on record, 1 in the last 12 months, latest Apr 2026.

Source: https://millionrounds.com/fund/propel-venture-partners (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Propel Venture Partners

Last cheque observed Apr 2026; 11 cheques on record.

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Deploying now New fund $150M, Mar 2016 VC firm

Pre-seed Seed Series A Insurance Insurtech Regtech

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 11 on record

Since the last cheque **198** days **00** hrs **00** min **00** sec

Median round **$10M** Cheque size, as they say **$250K – $5.5M** Rounds led **3 of 11** Sole investor **4 rounds** Mostly in **United States, 73%**

Pitch Propel Venture Partners

## Propel Venture Partners highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series A and Series B: 80% of its rounds
- 03 Sole investor in 4 rounds, median $9.1M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $5.5M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Insurance Insurtech Regtech
- **Based in:** San Francisco, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **11 appearances**

- **2026** 1 round
- **Apr** **[BOND](https://millionrounds.com/company/bond)** BR · LatamList **$2.0M** *Led*
- **2019** 4 rounds
- **Sept** **[Drum](https://millionrounds.com/company/drum)** Seed · US · FinSMEs **$11M** With 7 others
- **Sept** **[Kasisto](https://millionrounds.com/company/kasisto)** Series B · US · FinSMEs **$15M** With 5 others
- **Jul** **[Hippoe Insurance](https://millionrounds.com/company/hippoe-insurance)** Series D · US · FinSMEs **$100M** With 13 others
- **May** **[ChargeAfter](https://millionrounds.com/company/chargeafter)** Series A · IL · FinSMEs **$8.0M** *Led*
- **2018** 2 rounds
- **Nov** **[Charlie](https://millionrounds.com/company/charlie)** Series A · US · FinSMEs **$9.0M** Sole investor
- **May** **[Trussle](https://millionrounds.com/company/trussle)** Series B · GB · TechCrunch **$19M** *Led*
- **2017** 1 round
- **Jan** **[Kasisto](https://millionrounds.com/company/kasisto)** Series A · US · FinSMEs **$9.2M** Sole investor
- **2016** 2 rounds
- **Oct** **[Hixme](https://millionrounds.com/company/hixme)** Series B · US · FinSMEs **$14M** Sole investor
- **Jul** **[Guideline](https://millionrounds.com/company/guideline)** Series A · US · Pehub **$7.0M** Sole investor
- **2008** 1 round
- **Dec** **[Eventbrite](https://millionrounds.com/company/eventbrite)** Series A · US **$1.5M** With 12 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 **4 named**

DJ **David Jordan Mort** Managing Member i Form ADV

JR **Jay Richard Reinemann** Managing Member and Chief Compliance Officer i Form ADV

RG **Ryan Gilbert** Executive Officer i Filing they signed

TW **Thomas Whiteaker** Executive Officer i Filing they signed

We also hold **7** 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

**$704M** assets it manages Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Propel Venture Partners Management Co., LLC
- **SEC number:** CRD 283261

Funds on its Form ADV

**7** private funds, **$537M** in gross assets · filed Sept 2024

Venture **6** Fund of funds **1**

- Propel Venture Partners Global US, L.P. *Venture* 2 investors $234M
- Propel Venture Partners US Fund I, L.P. *Venture* 2 investors $229M
- Propel Explorer Fund I, L.P. *Venture* 2 investors $33M
- Propel Venture Partners Brazil US, L.P. *Venture* 2 investors $23M
- Propel XYZ I, L.P. *Fund of funds* 2 investors $14M
- PVP Guideline, LLC *Venture* 7 investors $3.5M
- Propel Explorer Fund II, L.P. *Venture* 2 investors -

## What they claim to have backed

From their own portfolio page (on their website)

**30** of 43 we have independently watched raise

[Akua](https://millionrounds.com/company/akua)[Azos](https://millionrounds.com/company/azos)[Cavela](https://millionrounds.com/company/cavela)[ChargeAfter](https://millionrounds.com/company/chargeafter)[Conekta](https://millionrounds.com/company/conekta)[Docusign](https://millionrounds.com/company/docusign)[Earnest](https://millionrounds.com/company/earnest)[Fintoc](https://millionrounds.com/company/fintoc)[Flieber](https://millionrounds.com/company/flieber)[Grabango](https://millionrounds.com/company/grabango)[Groww](https://millionrounds.com/company/groww)[Guideline](https://millionrounds.com/company/guideline)[Helius](https://millionrounds.com/company/helius)[Hippo](https://millionrounds.com/company/hippo-insurance)[IORQ](https://millionrounds.com/company/iorq)[Kamino](https://millionrounds.com/company/kamino)[Kasisto](https://millionrounds.com/company/kasisto)[Newfront](https://millionrounds.com/company/newfront)[Noh](https://millionrounds.com/company/noh)[Nomad](https://millionrounds.com/company/nomad)[Ocho](https://millionrounds.com/company/ocho)[Paceline](https://millionrounds.com/company/paceline)[Personal Capital](https://millionrounds.com/company/personal-capital)[Safebooks](https://millionrounds.com/company/safebooks-ai)[SumUp](https://millionrounds.com/company/sumup)[Tail](https://millionrounds.com/company/tail)[Taulia](https://millionrounds.com/company/taulia)[TravelBank](https://millionrounds.com/company/travelbank)[Truora](https://millionrounds.com/company/truora)[TrustLayer](https://millionrounds.com/company/trustlayer) BOND Brave Brendi Coinbase Ease Grep Lemon Neon Opine Polaxys Prosper Scanpay Steady

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

New fund on file

**$150M**

raised in Mar 2016

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 **$10M** the round, not its cheque Alone, median **$9.1M**

Led 3 of 11 rounds **27%**

- **Said size:** $250K – $5.5M
- **Sole investor:** 4 rounds
- **Last cheque:** Apr 2026

Rounds by stage said on their site

- Series A said *5*
- Series B said *3*
- Seed said *1*
- Series D *1*
- Pre-seed said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

Often in the room with

- [Felicis](https://millionrounds.com/fund/felicis-ventures) 2
- [SV Angel](https://millionrounds.com/fund/sv-angel) 2

**Pitching Propel Venture Partners?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

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

[**Felicis** VC firm **2** rounds together](https://millionrounds.com/fund/felicis-ventures)[**SV Angel** VC firm **2** rounds together](https://millionrounds.com/fund/sv-angel)

## Recently backed

The latest companies Propel Venture Partners put money into.

[**BOND** $2.0M · Apr 2026](https://millionrounds.com/company/bond)[**Kasisto** $15M · Sept 2019](https://millionrounds.com/company/kasisto)[**Charlie** $9.0M · Nov 2018](https://millionrounds.com/company/charlie)[**Hixme** $14M · Oct 2016](https://millionrounds.com/company/hixme)[**Guideline** $7.0M · Jul 2016](https://millionrounds.com/company/guideline)

## Quick answers about Propel Venture Partners

### What does Propel Venture Partners invest in?

Propel Venture Partners invests most often at Series A and Series B (80% of the rounds on record), in sectors such as Insurance, Insurtech and Regtech.

### How active is Propel Venture Partners?

11 investments on record, 1 of them in the last 12 months, and it led 3. The most recent was in Apr 2026.

### What has Propel Venture Partners invested in recently?

Its most recent investments on record: BOND (Undisclosed round, Apr 2026), Drum (Seed, Sept 2019) and Kasisto (Series B, Sept 2019).

### How big are Propel Venture Partners's cheques?

The median round it joins is $10M. It says it writes cheques of $250K to $5.5M.

### Does Propel Venture Partners lead rounds?

Yes: it led 3 of its 11 investments on record (27%).

### Where does Propel Venture Partners invest?

Most of the companies it backs are in the United States (73%), Brazil (9%) and Israel (9%).

### Is Propel Venture Partners investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### Who does Propel Venture Partners invest alongside?

Most often Felicis (2 rounds together) and SV Angel (2 rounds together).

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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-venture-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=propel-venture-partners)
