propel.vc · San Carlos, California (also lists San Francisco at 553 Pacific Ave) · founded 2016 · team 2 General Partners (Jay Reinemann, David Mort) and 5 total team members · Pre-Seed and Seed stages, primarily $1-4 million checks (also invests $500K-$5M as initial investment per website) · trust 0/4
| Firm name | Propel Venture Partners
source: https://propel.vc/about/ |
| Investment thesis / tagline | Backing the builders of the new economy
source: https://propel.vc/ |
| Headquarters city | San Carlos, California (also lists San Francisco at 553 Pacific Ave)
source: https://fintrx.com/firms/firm/propel-venture-partners-management-co-283261 |
| Year founded | 2016
source: https://propel.vc/about/ |
| Number of team members | 2 General Partners (Jay Reinemann, David Mort) and 5 total team members
source: https://propel.vc/team |
| Investment stage | Pre-Seed and Seed stages, primarily $1-4 million checks (also invests $500K-$5M as initial investment per website)
source: https://propel.vc/about/ |
| Founding / Managing Partners | Jay Reinemann and David Mort
source: https://www.businesswire.com/news/home/20250710777747/en/Propel-Venture-Partners-Closes-%24100M-Fund-V-to-Expand-its-Global-Investments-in-Technologies-Transforming-the-Financial-Services-Ecosystem |
| Legal entity / Registration | Propel Venture Partners Management Co registered as SEC adviser (CRD #283261), LLC organized, registered since May 2, 2022
source: https://fintrx.com/firms/firm/propel-venture-partners-management-co-283261 |
| Public email address on firm's domain | jay@propel.vc, david@propel.vc
source: https://propel.vc/team |
| Total capital raised | $436 million across five funds (including $100M Fund V closed July 2025)
source: https://www.businesswire.com/news/home/20250710777747/en/Propel-Venture-Partners-Closes-%24100M-Fund-V-to-Expand-its-Global-Investments-in-Technologies-Transforming-the-Financial-Services-Ecosystem |
| Number of portfolio companies | Over 70 companies (firm says >70); 62 companies per BusinessWire
source: https://propel.vc/about/ |
| Notable portfolio companies | Coinbase, Docusign, Groww, Guideline, Neon, Newfront, Nomad Global, Hippo, Brave, and others
source: https://propel.vc/portfolio |