# Propelauth

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/propelauth

- Industry: Software
- Headquarters: Redwood City, US
- Website: www.propelauth.com
- Total disclosed funding: $2.6M
- Latest round: Seed (Jul 27, 2022)
- Investors on record: 4

## About

Based in California, US, and founded in 2021 by founder Andrew Israel, Propelauth, Inc. is a provider of authentication solutions for B2B products, offering a seamless and secure onboarding experience for individuals and teams. In July 2022, Propelauth, Inc. raised USD 2.59 million in seed funding from investors 8-Bit Capital, Soma Capital, Tiger Global Management, and Y Combinator.

The flagship product of PropelAuth includes a set of hosted UIs that are fully customizable and cover essential features like signup, login, password reset, 2FA enrollment, and API key management. The company offers APIs and SDKs for major languages and frameworks to businesses with specific design requirements. The company also offers Configurable Roles (RBAC), allowing businesses to tailor access levels and control. The platform enables businesses to integrate authentication features into their products with ease, eliminating the need to build complex UIs or handle email authentication.

PropelAuth generates revenue through a subscription-based model, offering various plans to cater to businesses of all sizes, including Growth at USD 150 per month and Scale at USD 750 per month.

## Funding rounds

- Seed, Jul 27, 2022, $2.6M — Tiger Global Management, Y Combinator, 8-Bit Capital, Soma Capital

## Investors

- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- 8-Bit Capital (https://capitalatlas.ai/funds/8-bit-capital) — Seed
- Soma Capital — Seed