PropelPLM
Latest round
- Series C
Last raised
- Jun 2021
Total raised
- $42M
Investors
- 8
About PropelPLM
PropelPLM, Inc.Founded in 2015 and headquartered in Santa Clara, US, PropelPLM, Inc. specializes in product management solutions. The founders include Jim Norris, Juan Alzugaray, Ray Hein, and Robert Edney.Propel Software provides a comprehensive Product Value Management (PVM) platform that integrates Product Lifecycle Management (PLM), Product Information Management (PIM), and Quality Management System (QMS) functionalities into a cohesive solution. This unified platform enables organizations to streamline collaboration between product and commercial teams, enhancing efficiency and accelerating time to market. Propel's offerings are designed to address various challenges faced by businesses, including optimizing product development processes, ensuring data continuity across teams, and improving customer satisfaction through enhanced product quality. The solution is utilized by a diverse client base, including companies in sectors such as smart home technology and medical devices, allowing them to centralize operations and achieve significant return on investment.Propel Software operates on a subscription-based revenue model, where clients gain access to its PVM platform through tailored subscription packages that cater to varying organizational needs. This transaction structure typically involves partnerships with B2B companies that require integrated solutions for managing product data, quality assurance, and information dissemination. Propel's flagship offerings, including its PLM, PIM, and QMS solutions, are priced according to the features and services selected by the client, ensuring flexibility and scalability. Organizations engage with Propel's platform through direct contracts, often accompanied by onboarding services that facilitate the initial setup and integration into existing workflows.In June 2021, PropelPLM, Inc.
Who invested in PropelPLM
8 investors across 4 rounds
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Questions about PropelPLM
Who invested in PropelPLM?
PropelPLM has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has PropelPLM raised?
PropelPLM has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did PropelPLM last raise money?
PropelPLM's most recent round on record is a Series C, in Jun 2021.
What does PropelPLM do?
PropelPLM is a software company.
Where is PropelPLM headquartered?
PropelPLM is headquartered in Santa Clara, US.
Which VCs invest in companies like PropelPLM?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at PropelPLM's stage. Their profiles are linked below.
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