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Propel

Propel Is An Atlantic Canadian Organization That Offers An Online Accelerator To Technology Startups. Everything our organization does is about founders and their journey. We believe every single journey is different and should be supported accordingly. Your Propel experience will be dedicated by what you need, it’s as simple as that. VISION & VALIDATION Vision & Validation is the first step of the Propel journey, focusing on validating the business idea with customers using the lean startup methodology to find problem-solution fit. Generally, this course is a great fit for companies who are making less than $1,000 in monthly revenue, or no revenue at all yet. TRACTION & GROWTH Traction & Growth is the second step of the Propel journey for founders who have validated their product and have over $1,000 in monthly recurring revenue and are working on their startups full time. Propel Alumni are armed with the skills they need to continue to grow and scale their technology companies. What are they really capable of? Well, let the data speak for itself.... Alumni have shortened their sales cycles by 78% while in our program. 73% of their revenue is generated outside of Canada. They have doubled their contract size. Yep, that’s doubled with a D. This traction speaks louder than fancy text and also makes us excited for the future they are shaping. https://www.propelict.com/apply#courses

propelict.com Charlottetown, Canada 11-50 employees
Total raised
$1.1M
Rounds
1
Latest
Series Unknown
May 2023

Propel Is An Atlantic Canadian Organization That Offers An Online Accelerator To Technology Startups. Everything our organization does is about founders and their journey. We believe every single journey is different and should be supported accordingly. Your Propel experience will be dedicated by what you need, it’s as simple as that. VISION & VALIDATION Vision & Validation is the first step of the Propel journey, focusing on validating the business idea with customers using the lean startup methodology to find problem-solution fit. Generally, this course is a great fit for companies who are making less than $1,000 in monthly revenue, or no revenue at all yet. TRACTION & GROWTH Traction & Growth is the second step of the Propel journey for founders who have validated their product and have over $1,000 in monthly recurring revenue and are working on their startups full time. Propel Alumni are armed with the skills they need to continue to grow and scale their technology companies. What are they really capable of? Well, let the data speak for itself.... Alumni have shortened their sales cycles by 78% while in our program. 73% of their revenue is generated outside of Canada. They have doubled their contract size. Yep, that’s doubled with a D. This traction speaks louder than fancy text and also makes us excited for the future they are shaping. https://www.propelict.com/apply#courses

Propel has raised $1.1M across 1 round. Its most recent round was a Series Unknown of $1.1M in May 2023. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
May 16, 2023
Series Unknown
$1.1M

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