Propel

Propel designs and develops a cloud-based product lifecycle management platform that helps users to share and manage their product information. Read more

160 Followers on Owler
160 Followers on Owler
160 Followers on Owler
160 Followers on Owler

Propel

Propel designs and develops a cloud-based product lifecycle management platform that helps users to share and manage their product information. Read more

Ray Hein's photo - Co-Founder & CEO of Propel

Co-Founder & CEO

Ray Hein

CEO Approval Rating

66/100

Founded:

2015

Status:

PrivateIndependent Company

PROPEL TOP COMPETITORS OR ALTERNATIVES

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Omnify Software is Propel's #1 rival. Omnify Software was founded in 2002 in Andover, Massachusetts. Omnify Software is in the Application Software field. Omnify Software generates $7.3M less revenue than Propel.

Centric Software is one of Propel's top competitors. Centric Software is headquartered in Campbell, California, and was founded in 1997. Like Propel, Centric Software also operates in the Internet Software space. Centric Software generates 1,583% the revenue of Propel.

Aras is seen as one of Propel's top competitors. Aras was founded in 2000, and its headquarters is in Andover, Massachusetts. Like Propel, Aras also works within the Internet Software sector. Aras has 350 more employees than Propel.

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Propel Acquisitions

No recent acquisitions found related to Propel

Propel Funding History

Since Propel was founded in 2015, it has participated in 3 rounds of funding. In total Propel has raised $26.0M. Propel's last funding round was on Nov 2018 for a total of $18.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series B
Nov 2018
$18M
Equity
Oct 2017
$3.8M

Cloud Apps Capital Partners

Series A
May 2015
$4.2M

Since Propel was founded in 2015, it has participated in 3 rounds of funding. In total Propel has raised $26.0M. Propel's last funding round was on Nov 2018 for a total of $18.0M

Propel Investments

No recent investments found related to Propel

Propel News

September 29, 2020Benzinga

Propulsion Announces Final Agenda, With the Addition of Digital Strategy Insights From 15 Customers Who Are Thriving in 2020

SANTA CLARA, Calif., Sept. 29, 2020 (GLOBE NEWSWIRE) -- Propel, the only product success platform bui... See more »
September 8, 2020Markets Insider

Propel's First Annual Free, Virtual Summit | Markets Insider

SANTA CLARA, Calif., Sept. 08, 2020 (GLOBE NEWSWIRE) -- Propel, the only product success platform bui... See more »
June 25, 2020Virtual-Strategy Magazine

Propel Announces New Capabilities to Further Help Remote Workforce and Supplier Management

June 25, 2020 09: 00 ET | Source: Propel SANTA CLARA, Calif., June 25, 2020 (GLOBE NEWSWIRE) - Propel... See more »
December 11, 2019Manufacturing Tomorrow

BIONIK Laboratories Selects Propel to Accelerate New Product Development and Manufacturing of InMotion Robotic Systems and Services

Propel to deploy its configurable cloud-based product success platform to enable BIONIK to accelerate... See more »
March 21, 2018DailyCADCAM

Zero Wait-State, Propel Announce Strategic Partnership to Modernize CAD, PLM in Cloud

SANTA CLARA, CA, USA, Mar 21, 2018 - Zero Wait-State and Propel announced a new strategic partnership... See more »
October 30, 2017DailyCADCAM

Propel Releases Specification Management & Compliance and Training Records

SANTA CLARA, CA, USA, Oct 30, 2017 - Propel, a modern cloud Product Lifecycle Management (PLM) softwa... See more »
October 30, 2017NewsCenter io

PropelPLM Raises $3.8 Million

The post PropelPLM Raises $3.8 Million appeared first on NewsCenter.io.... See more »

Propel Blogs

May 15, 2020Propel Blog

Flight, Fright, Or Freeze?

A 4-part blog series on how manufacturers can thrive in the next normal. ... See more »
May 13, 2020Propel Blog

4 Lessons Learned From Formlabs’ Business Agility

Massachusetts-based 3D printer company, Formlabs, is providing critical supplies and equi... See more »
May 5, 2020Propel Blog

Propel Loves Trailblazers

Through today’s technological advances, Salesforce has emerged as a top technical skill a... See more »
April 27, 2020Propel Blog

Manufacturers Pivot to Provide COVID-19 Relief with Products Built on Propel

Propel customers are hard at work increasing manufacturing outputs and systems to acceler... See more »
April 23, 2020Propel Blog

Celebrating 5 Years of Propel with Gratitude

Five years ago, analysts were talking about the coming convergence when new product devel... See more »
April 21, 2020Propel Blog

Supply Chain Flexibility Can Prepare You for the Next New Normal

As each new viral outbreak severely disrupts businesses and hurts economies, the risky le... See more »
April 16, 2020Propel Blog

Propel Launches Healthcare Manufacturer Community To Fight COVID-19

I am proud to announce the launch of Propel’s Healthcare Manufacturer Community (HMC) in ... See more »

Propel Press Releases

May 7, 2020Newswire

Propel Marks Its Fourth Consecutive Year of Exponential Growth

Revenues and headcount double as the company expands presence in mid-market and enterprise segments... See more »
April 28, 2020Newswire

Propel Launches Criteria-Based Approvers to Accelerate Engineering Change Orders While Maintaining Compliance

Configurable criteria ensure the right stakeholders approve changes without slowing down product deve... See more »
March 5, 2020Newswire

Propel Allows Medical Device Manufacturers to Streamline FDA Compliance With Introduction of Digital Adverse Event Submissions

Innovation extends Propel's value chain integration to include simplified collaboration with regulato... See more »
January 14, 2020Newswire

Propel Announces Industry Veteran Hires in Commercialization, Operations and MedTech as Company Continues Expansion in Key Markets

Product success platform provider fills key leadership roles to meet demand from larger enterprises i... See more »
July 11, 2019Newswire

Propel Continues Commercial Team Expansion With PLM and High-Tech Industry Veterans

Next-generation cloud-based multi-tenant product lifecycle management (PLM) provider ramps sales, mar... See more »
April 17, 2019Newswire

Propel Wraps FY 2019 With Record Revenue Growth as Dario Ambrosini and Kishore Subramanian Join as CMO and VP Engineering

Keirton, S'well, and Yukon Medical Join Propel's Growing Client List... See more »

Propel Videos

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Propel Headquarters

451 El Camino Real Suite 110

Santa Clara, California95050

1-408-755-3780

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Propel Summary

ABOUT

Overview

Propel designs and develops a cloud-based product lifecycle management platform that helps users to share and manage their product information. Propel was founded in 2015. Propel's headquarters is located in Santa Clara, California, USA 95050. It has ...

CEO

Propel's Co-Founder & CEO, Ray Hein, currently has an approval rating of 66%. Propel's primary competitors are Omnify Software, Centric Software & Aras.

Website

propelplm.com

Frequently Asked Questions about Propel

  1. When was Propel founded?

    Propel was founded in 2015
  2. Who is Propel's CEO?

    Propel's CEO is Ray Hein
  3. How much revenue does Propel generate?

    Propel generates $12M in revenue
  4. How much funding does Propel have?

    Propel has historically raised $26M in funding
  1. Where is Propel's headquarters?

    Propel's headquarters is in Santa Clara California, USA
  2. How many employees does Propel have?

    Propel has 150 employees
  3. What sector does Propel operate in?

    Propel is in Internet Software, IT Services
  4. Who are Propel's competitors?

    Propel's top competitors are Omnify Software, Centric Software, Aras