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Propel Raises $18M in
Series B Funding

The Series B funding follows the end of Propel’s fiscal year, where we experienced over 500 percent revenue growth and a 300 percent increase in the number of customers. Thank you everyone for contributing to the success of Propel and our customers!

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Propel Raises $18M in Series B Funding


Propel, the platform for future brands, announced it has raised an $18 million Series B round, led by Norwest Venture Partners. The new funds will be used to grow the team, deliver on its expansive product roadmap, and build on its existing customer base that already includes companies like Desktop Metal, Samsara, and Peak Design.

Read the TechCrunch Article >
A Message From Our CEO >
Norwest Ventures Perspective >
Thoughts from Signalfire >
Read the Press Release >
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Read about our Customers >
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About Propel

Propel is the platform for future brands. The company helps brands like Desktop Metal, Samsara and Peak Design get to market ridiculously fast by enabling collaboration across teams, divisions, partners, and customers. Propel uniquely combines Product Lifecycle Management (PLM), Product Information Management (PIM), and Quality Management System (QMS) into one system, natively built on the Salesforce platform.

The company is backed by leading venture capitalists such as Norwest Venture Partners, Cloud Apps Capital Partners, Signalfire and Salesforce Ventures, and is headquartered in Santa Clara, CA. 

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