PropelPLM: Funding, Investors & Team (Aug 2026)
Propel helps companies achieve product success by connecting the people, systems, and processes needed to deliver products from concept to customer. Our fast-to-deploy, flexible, and easy-to-use platform is the single source of product truth for your entire value chain, including sales, service, and partners. Secure and transparent collaboration enables you to get products to market faster while maximizing customer satisfaction and meeting local requirements needed to compete globally. Propel is built on Salesforce, the industry's top-rated cloud SaaS platform, and our integrated solution incorporates all the capabilities of its modern cloud infrastructure. Salesforce's multi-tenant architecture is future-proof, ensuring Propel will always be the next generation product success platform.
PropelPLM has raised $20.0M across 1 funding round on record, the most recent a Series C of $20.0M announced in Sep 2021.
That round is above the $3.4M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
PropelPLM Company Profile and Key Stats
Latest funding round on record: Sep 2021.
PropelPLM Funding Rounds
PropelPLM Founders and Leadership Team
Contact details for the PropelPLM team: 1 of 1 has an email address on file.
Start 14-day free trial →PropelPLM Funding Compared to Other Commerce and Shopping Startups
PropelPLM's latest round of $20.0M is above the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
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PropelPLM Funding FAQs
What does PropelPLM do?
Propel helps companies achieve product success by connecting the people, systems, and processes needed to deliver products from concept to customer. Our fast-to-deploy, flexible, and easy-to-use platform is the single source of product truth for your entire value chain, including sales, service, and partners. Secure and transparent collaboration enables you to get products to market faster while maximizing customer satisfaction and meeting local requirements needed to compete globally. Propel is built on Salesforce, the industry's top-rated cloud SaaS platform, and our integrated solution incorporates all the capabilities of its modern cloud infrastructure. Salesforce's multi-tenant architecture is future-proof, ensuring Propel will always be the next generation product success platform.
How much funding has PropelPLM raised?
PropelPLM has raised $20.0M across 1 round on record. The most recent is a Series C of $20.0M announced in Sep 2021.
When did PropelPLM last raise funding?
PropelPLM's most recent funding round on record is a Series C of $20.0M, announced in Sep 2021.
Who is the CEO of PropelPLM?
Ray Hein is listed as CEO at PropelPLM.
Where is PropelPLM headquartered?
PropelPLM is based in Santa Clara, California, United States.
How many employees does PropelPLM have?
PropelPLM is in the 101-250 employee band.
How does PropelPLM's funding compare to other Commerce and Shopping startups?
PropelPLM's latest round of $20.0M is above the $3.4M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's PropelPLM Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for PropelPLM is left off this page rather than filled in.
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