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Propel
San Jose, US · Founded 2015 · Delaware corporation · 132 employees on LinkedIn · 6 known investors
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Propel One is an enterprise AI product built on Salesforce's Agentforce that connects to Propel's unified PLM, QMS, and PIM data to analyze change impact, generate compliance quizzes, and answer questions about product documentation. It serves product innovation, quality, and go-to-market teams while keeping company IP out of public LLMs and enforcing user-level permissions.
Founders & leadership
Propel was founded in 2015 by Brian Sohmers and Raymond Hein.
Board
Investors · 6
How we know: the company's own site · Not right? Tell us
How we know: the company's own site · Not right? Tell us
How we know: the company's own site · board seat on SEC Form D · Not right? Tell us
How we know: the company's own site · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$48.2M disclosed across 4 rounds · 2015–2021
▶$20MraisedOct 2021 · 12 investors · OtherRule 506(b)
- Ashley StirrupDirector
- Sean JacobsohnDirector
- Raymond HeinExecutive Officer, Director, Promoter
- Carmine NapolitanoExecutive Officer
- Jared SmithDirector
- Matt HolleranDirector
- Offering amount
- $20M
- Amount sold
- $20M
- First sale
- Jun 2021
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$18MraisedNov 2018 · 6 investors · OtherRule 506(b)
- Raymond HeinExecutive Officer, Director
- Matt HolleranDirector
- Brian SohmersExecutive Officer
- Sean JacobsohnDirector
- Offering amount
- $18M
- Amount sold
- $18M
- First sale
- Nov 2018
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$6MraisedFeb 2018 · 11 investors · OtherRule 506(b)
- Raymond Paul HeinExecutive Officer, Director
- Matthew HolleranDirector
- David ObrandDirector
- Brian Edward SohmersExecutive Officer
- Offering amount
- $6M
- Amount sold
- $6M
- First sale
- Oct 2017
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
▶$4.2MraisedMar 2016 · 6 investors · OtherRule 506(b)
- Brian SohmersExecutive Officer
- Matthew HolleranDirector
- Raymond HeinExecutive Officer, Director
- Offering amount
- $4.2M
- Amount sold
- $4.2M
- First sale
- May 2015
- Incorporated
- Corporation, Delaware, 2015
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Frequently asked questions
- What does Propel do?
- Propel One is an enterprise AI product built on Salesforce's Agentforce that connects to Propel's unified PLM, QMS, and PIM data to analyze change impact, generate compliance quizzes, and answer questions about product documentation. It serves product innovation, quality, and go-to-market teams while keeping company IP out of public LLMs and enforcing user-level permissions.
- Who founded Propel?
- Propel was founded by Brian Sohmers, Raymond Hein in 2015.
- Who are Propel's investors?
- Propel's investors include Norwest Venture Partners, Ankona Capital, Cloud Apps Capital Partners, Jackson Square Ventures, Salesforce Ventures, Kortschak Investments L.P..
- How much funding has Propel raised?
- Propel has disclosed $48.2M raised across 4 rounds.
- Where is Propel headquartered?
- Propel is headquartered in San Jose, US.