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Propel Capital

Founders Jeremy Mindich Sarah M. Williams

Overview

Investments

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This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.

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Total investments 172
Average round size
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The average size of a deal this fund participated in
$94K
Portfolio companies 148
Rounds per year 19.11
Lead investments 4
Follow on index
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How often the fund supports its portfolio startups at next rounds
0.12
Exits 3
Key employees 7

Areas of investment

  • Software
  • E-Commerce
  • Health Care
  • Apps
  • Information Technology
Summary

In 2014 was created Propel Capital, which is appeared as VC. The company was established in Europe in Sweden. The main department of described VC is located in the Stockholm.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Propel Capital, startups are often financed by The Springfield Project, Sting, Per Brilioth. The meaningful sponsors for the fund in investment in the same round are Solu00e4ng Invest, Zoma Capital, ValueStream Ventures. In the next rounds fund is usually obtained by Sting, Solu00e4ng Invest, Almi Invest.

The top activity for fund was in 2017. The common things for fund are deals in the range of 100 thousands - 1 million dollars. The fund is constantly included in 13-24 investment rounds annually. This Propel Capital works on 26 percentage points less the average amount of lead investments comparing to the other organizations.

Among the most popular portfolio startups of the fund, we may highlight Airmee, Wethos, Match2One. For fund there is a match between the country of its foundation and the country of its the most frequent investments - Sweden. The fund has exact preference in a number of founders of portfolio startups. When startup sums 1 or 4 of the founder, the probability for it to get the investment is little. Among the most successful fund investment fields, there are SaaS, Fitness. Besides, a startup needs to be aged 2-3 years to get the investment from the fund.

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Notable deals

CompanyIndustryRound SizeDateInvestorsLocation

Mother

Health Care
Virtual Reality
Wellness
$360K05 Jun 2023 Stockholm, Stockholm County, Sweden

UTI-lizer

Biotechnology
Medical
Medical Device
$840K17 May 2023 Stockholm, Stockholm County, Sweden

Goodfeed

$60K07 Feb 2023 -

Alwy

Finance
Financial Services
FinTech
Personal Finance
$59K27 Sep 2022 Stockholms Lan, Stockholm County, Sweden

Olivia

Apps
Health Care
Personal Health
Women's
$59K08 Mar 2022 Stockholm, Södermanland, Sweden

porkchop

Aerospace
Information Technology
Space Travel
14 Jan 2022 Stockholm, Stockholm County, Sweden

Canary

Financial Services
$1M11 Jan 2022 New York, New York, United States

Tixy

Blockchain
Events
Ticketing
$50K01 Jan 2022 Stockholm, Stockholm County, Sweden

Hypertype

Artificial Intelligence
Email
Natural Language Processing
Sales Automation
$60K16 Oct 2021 Stockholm, Stockholm County, Sweden

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Total investments 172
Average round size 94K
Rounds per year 19.11
Peak activity year 2020
Lead investments 4
Follow on index 0.12
Exits 3
Group Appearance index 0.15

Latest deals

CompanyIndustryRound SizeDateInvestorsLocation

Mother

Health Care
Virtual Reality
Wellness
$360K05 Jun 2023 Stockholm, Stockholm County, Sweden

UTI-lizer

Biotechnology
Medical
Medical Device
$840K17 May 2023 Stockholm, Stockholm County, Sweden

Goodfeed

$60K07 Feb 2023 -

Alwy

Finance
Financial Services
FinTech
Personal Finance
$59K27 Sep 2022 Stockholms Lan, Stockholm County, Sweden

Olivia

Apps
Health Care
Personal Health
Women's
$59K08 Mar 2022 Stockholm, Södermanland, Sweden

porkchop

Aerospace
Information Technology
Space Travel
14 Jan 2022 Stockholm, Stockholm County, Sweden

Canary

Financial Services
$1M11 Jan 2022 New York, New York, United States

Tixy

Blockchain
Events
Ticketing
$50K01 Jan 2022 Stockholm, Stockholm County, Sweden

Hypertype

Artificial Intelligence
Email
Natural Language Processing
Sales Automation
$60K16 Oct 2021 Stockholm, Stockholm County, Sweden
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