Fundraising Fox

PropelPLM

San Jose, US · Founded 2015 · Delaware corporation · 132 employees on LinkedIn · 6 known investors

Find your way into PropelPLM

94 people in our graph share verified history with the PropelPLM team — schools, employers, funds. One of them is your warm intro.

Bob Genchiunlockedknows Brian Sohmers · together at Santa Clara University (overlapped)
×5knows the team · via Santa Clara University
knows the team · via Start2 Group
×4knows the team · via University of Dayton
knows the team · via PropelPLM

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

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

BSBrian Sohmers
Brian SohmersinFounder, Head of Products2015–2020He has worked with enterprise platforms including Veeva, Salesforce, and product lifecycle management systems including PLM, QMS, and PIM.
RH
Raymond HeinCo-founder

Board

MHMatthew Holleran
Matthew Holleranin𝕏Board directorGeneral Partner at Cloud Apps Capital Partners

Investors · 6

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

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.