Propel Stock

joinpropel.comFinTech / Personal FinanceFounded: 2015Funding to Date: $91.41MM

Propel is a mobile finance platform focusing on the financial health of lower income individuals. Their mobile app, Providers, allows users to manage benefits, discover new earnings opportunities, and more. Propel was founded in 2014 by Sizhe Chen, Jeff Kaiser, Ram Mehta, Shelly Ni, and Kevin Miller and is headquartered in New York, NY.

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Private Market Pricing DetailsValuation & Financings

Propel Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

Propel Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
04/08/2022 Series B $55.52MM $xx.xx $503.13MM Nyca Partners, Andreessen Horowitz, Kleiner Perkins, Flourish Ventures, JPMorgan, Salesforce Ventures, Mischief
Price per Share
$xx.xx
Shares Outstanding
3,233,270
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Andreessen Horowitz, Kleiner Perkins, Flourish Ventures, JPMorgan, Salesforce Ventures, Mischief
09/15/2020 Series A-1 $16.5MM $xx.xx $120.91MM Kleiner Perkins, Flourish Ventures, Serena Ventures
Price per Share
$xx.xx
Shares Outstanding
3,571,426
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kleiner Perkins, Flourish Ventures, Serena Ventures
12/14/2018 Series A $12.82MM $xx.xx $55.25MM Nyca Partners, Andreessen Horowitz, Kleiner Perkins, Omidyar Network, Alexa von Tobel, Thirty Five Ventures
Price per Share
$xx.xx
Shares Outstanding
5,021,925
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Nyca Partners, Andreessen Horowitz, Kleiner Perkins, Omidyar Network, Alexa von Tobel, Thirty Five Ventures
04/27/2017 Series Seed $6.58MM $xx.xx $18.79MM Andreessen Horowitz, Omidyar Network, The Durant Company, SciFi VC, Jay Borenstein, WinWin, Financial Solutions Lab
Price per Share
$xx.xx
Shares Outstanding
5,800,820
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
600.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Andreessen Horowitz, Omidyar Network, The Durant Company, SciFi VC, Jay Borenstein, WinWin, Financial Solutions Lab

Propel investors also invested in these private companies

Leadership & Board

Leadership

Sizhe Chen
Co-Founder & Chief Executive Officer
Jeff Kaiser
Co-Founder & Chief Operating Officer
Ram Mehta
Co-Founder & Chief Technology Officer

Board

Alastair Rampell
Andreessen Horowitz
John Morris
Nyca Ventures
Monica Desai Weiss
Kleiner Perkins

Propel stock FAQs

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Can you buy Propel stock?

As Propel is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Propel, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Propel stock?

To invest in a private company like Propel through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Propel stock?

Yes, you may sell the Propel stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Propel stock?

If you hold private company shares of Propel – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Propel on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Propel a public company?

No, Propel is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Propel’s stock price?

Propel is a privately held company and therefore does not have a public stock price. However, you may access Propel private market stock price with Forge Data.
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What is Propel’s stock ticker symbol?

Propel does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Propel’s news and media highlights

Merit, a leader in digital credential solutions, today announced a strategic partnership with Propel, creator of the free app, Providers, which helps low-income families manage their finances, including government benefits.
Updated on: Nov 21, 2024

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