Fundraising Fox

Propeller

Accelerator

New Orleans · Pre-Seed–Growth · 33 people tracked

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Investment thesis

Propeller works to build a thriving entrepreneurial ecosystem in New Orleans by growing a critical mass of small businesses and nonprofits that address disparities in community economic development, education, food, health, and water. It runs impact accelerator programs, provides coworking facilities, and helps early-stage founders access capital, improve credit, and build financial knowledge. Its emphasis is on creating jobs, revitalizing neighborhoods, and fostering inclusive local economic growth rather than pursuing conventional venture returns.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
Check
$500K – $2M
HQ
New Orleans, Massachusetts, US
Leads rounds
Follows
Instruments
Equity · Grants
Founded
2009
AUM
$3M

Team · 33 people

from the firm's website & public directories

Frequently asked questions

What stage does Propeller invest at?
Propeller invests at the Pre-Seed, Seed, Series A, Growth stages.
What is Propeller's typical check size?
Propeller typically writes checks of $500K – $2M.
What sectors does Propeller focus on?
Propeller focuses on AgTech, EdTech, FoodTech, Healthtech, Impact & Social Good, Sector Agnostic.
Where is Propeller located?
Propeller is headquartered in New Orleans, US.
Does Propeller lead rounds?
Propeller typically participates in rounds rather than leading them.

Images

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