Who founded PropelPLM?

PropelPLM was founded by Brian Sohmers, Raymond Hein in 2015.

Who are PropelPLM's investors?

PropelPLM'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 PropelPLM raised?

PropelPLM has disclosed $48.2M raised across 4 rounds.

Where is PropelPLM headquartered?

PropelPLM is headquartered in San Jose, US.

PropelPLM

San Jose, US · Founded 2015 · Delaware corporation · 6 known investors

propelplm.com ↗

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.

Advanced ManufacturingAI & Machine LearningCloud ComputingEnterprise SoftwareSaaS

Founders & leadership

PropelPLM was founded in 2015 by Brian Sohmers and Raymond Hein.

Brian SohmersCo-founder

Raymond HeinCo-founder

Board

Matthew Holleran in 𝕏Board directorGeneral Partner at Cloud Apps Capital Partners

Investors · 6

Norwest Venture Partners✓ verifiedMenlo Park · $10M – $30M

Ankona Capital✓ verifiedSouthern California · $5M – $15M

Cloud Apps Capital Partners✓ verifiedMenlo Park · $2M – $10Mvia Matt Holleran · board

Jackson Square Ventures✓ verifiedSan Francisco · $1M – $5M

Salesforce Ventures✓ verifiedSan Francisco · $5M – $50M

Kortschak Investments L.P.Aspenvia Walter Kortschak · inferred

Reported raises · per SEC filings

Form D private placements

$48.2M disclosed across 4 rounds · 2015–2021

▶$20MraisedOct 2021 · 12 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

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

Full filing on SEC EDGAR ↗

▶$18MraisedNov 2018 · 6 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

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

Full filing on SEC EDGAR ↗

▶$6MraisedFeb 2018 · 11 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

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

Full filing on SEC EDGAR ↗

▶$4.2MraisedMar 2016 · 6 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

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

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

Propel Software4 shared keywordsPropel offers a unified platform combining product lifecycle management (PLM), quality management (QMS), and product information management (PIM) with product data, collaboration, and agentic AI features. It serves product teams looking to manage product data and workflows in a single system.

Companies competing with PropelPLM for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does PropelPLM 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 PropelPLM?: PropelPLM was founded by Brian Sohmers, Raymond Hein in 2015.
Who are PropelPLM's investors?: PropelPLM'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 PropelPLM raised?: PropelPLM has disclosed $48.2M raised across 4 rounds.
Where is PropelPLM headquartered?: PropelPLM is headquartered in San Jose, US.