Propel VC

Investor type

VC / Fund of funds

Founded

2016

AUM

$749 M

Location

San Francisco, California, United States

Investment Ticket

$1-5 m

Investment Stage

Pre-seed Seed Series A

Region of investment

North America South America
Investor profile last updated: 16 August, 2026

Profile

Propel is investing in founders creating “the new economy.” The financial services sector is the primary driver of many economies, and opportunities to enable, accelerate, deliver, and secure value exchange are immense and diverse. Propel invests primarily from Pre-Seed to Series A in the Americas with initial check sizes from $250k to $5M with follow-on capital much higher. Portfolio companies include Coinbase, Nomad, Neon, Guideline, Groww, SumUp, Newfront, and Safebooks. Propel is headquartered in the SF Bay Area with a workspace in Jackson Square.

Industry

Web3 Fintech Financial Services AI InsurTech Software

Propel VC Funds

Name Type
Questionare
Industry
Questionare
Stage
Questionare
Region
Size AUM Launch date
Fund I
Venture Capital (VC)
Fintech
Software
Seed
North America
Europe
$5-10 m
$250 M
February 2016

Contacts

Name
Title
Email
avatar
Jay Reinemann General Partner
General Partner
j•••@•••
avatar
David Mort General Partner
General Partner
d•••@•••
Upgrade to see contacts
avatar
R2Fxt709v3qGHgJy R2Fxt709v3qGHgJy
R2Fxt709v3qGHgJy
avatar
R2Fxt709v3qGHgJy R2Fxt709v3qGHgJy
R2Fxt709v3qGHgJy
avatar
R2Fxt709v3qGHgJy R2Fxt709v3qGHgJy
R2Fxt709v3qGHgJy
Investment-team contacts for Propel VC — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
Instant access on the web. Plans from $129/month — see pricing.
Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Propel VC

Propel VC is a venture capital firm that also operates as a fund of funds. It backs companies at Pre-seed, Seed and Series A, writing tickets of $1-5 m.
Propel VC is located in San Francisco, California, United States.
Propel VC was founded in 2016.
Propel VC invests in companies and startups in Web3, Fintech, Financial Services, AI, InsurTech, Software.
Propel VC invests in companies and startups in North America, South America.
Propel VC invests in companies and startups at Pre-seed, Seed, Series A.
Propel VC usually invests $1-5 m on average.
Propel VC has around $749m assets under management.
Propel VC last fund was created/launched in 2016-02-11
Propel VC can be reached through its website propel.vc, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Propel VC — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Propel VC directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 16 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.