United States · Information technology & services startup

Propel Software

Propel Software is a technology company based in Redwood City/Santa Clara that specializes in Product Value Management (PVM).

Funding reportedLast round: Series C

Information technology & servicesRedwood City, United States

About Propel Software

Propel Software is a technology company based in Redwood City/Santa Clara that specializes in Product Value Management (PVM).

Their platform, built on Salesforce, aims to help product companies enhance revenue, increase business value, and foster long-term customer relationships. Propel connects commercial and product teams to improve decision-making, drive efficiencies, and engage customers effectively. The Propel platform integrates Product Lifecycle Management (PLM), Product Information Management (PIM), and Quality Management Systems (QMS) into a single system. This unified approach enables collaboration across teams and accelerates product market entry. Propel also features innovations like agentic AI solutions and the Model Context Protocol, enhancing workflows and service capabilities. The company has been recognized as one of America’s fastest-growing private companies and has raised significant funding to support its growth. Propel serves a diverse range of clients, including startups and Fortune 500 companies in high-tech, medtech, and consumer goods industries.

What company datasets say Propel Software raised

Funding, as reported

Reported in all$52Min dollars
Last roundSeries C
Last round size$20M
Last round dateSept 2021
Investors listed5

Founders and team

From Propel Software's own website: 1 founder, 11 on the team.

Ray HeinFounder
  • Ross MeyercordChief Executive Officer
  • Alexa VignoneExecutive Vice President, Technology
  • Dario AmbrosiniChief Marketing Officer
  • Eric SchraderChief Product Officer
  • Kishore SubramanianChief Technology Officer
  • Paolo BattagliniChief Financial Officer
  • Zack JhaChief Revenue Officer
  • Emma ThomasVP, People Ops
  • Mitesh KapadiaVP of Professional Services
  • Jared SmithGeneral Partner
  • Matt HolleranGeneral Partner

On 2 portfolio pages

Investors who name them

Each firm lists Propel Software on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

hardwarehealth caresecurityautomated compliance checkssalesforce integrationdata governancedistributioncloud-based plmmanufacturingcomputer & network securityenterprisesproduct quality improvementinternet of thingsfield service managementinformation technology & servicesenterprise saas

Built with from their website

Adobe Marketo EngageGoogle Tag ManagerAmazon CloudFrontHerokuGoogle CloudYouTubeGoogle WorkspaceCloudFlareViewport MetaZoomdata

+8 more

DemandBaseZoomInfo SalesWebflow HostingApple Business ManagerGoogle Cloud HostingAIGoogle MeetNetSuite

Sector
Information technology & services
Industry code
NAICS 54133, 513210, SIC 3599, 7372
Region
California
Revenue
$80M a year, as listed

How it ended, so far

Exit

ExitBuyerPriceWhen
AcquiredAppleundisclosedJun 2002

Information technology & services in United States

Startups like it

Is this your company?

Add your raise, your deck and your story, and put Propel Software in front of investors. Or tell us what we have wrong.