Propel Venture Partners is a seed-stage venture capital firm backing the builders of the new economy, with a focus on fintech and financial services infrastructure. Spun out of BBVA's corporate venture program in 2016, the firm has invested in over 70 companies and raised over $436 million in total across five funds. Its latest vehicle, Fund V, closed at $100 million in 2025.
Average disclosed round size is $34.0M (across 38 rounds with reported amounts).
Portfolio
35
Fund Size
$100M
Top Stage
Seed
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
43 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Safebooks | Seed | $15M | Dec 2025 |
 Opine | Seed | $5M | Dec 2025 |
 Surus | Seed | $8M | Feb 2025 |
 Cavela | Unknown | $2M | Sep 2024 |
 Fintoc | Series A | $7M | Apr 2024 |
 Parcha | Seed | $5M | Jan 2023 |
 TaskHuman | Series B | $20M | Jun 2022 |
 Newfront | Growth | $200M | Apr 2022 |
 Truora | Series A | $15M | Apr 2022 |
 Canary | Pre-Seed | $1.5M | Jan 2022 |
 Nomad Health | Series A | $20M | Jan 2022 |
 Groww | Series E | $251M | Oct 2021 |
 TrustLayer | Series A | $15.1M | Aug 2021 |
| Groww | Series D | $83M | Apr 2021 |
 imagi | Pre-Seed | — | Mar 2021 |
| TrustLayer | Seed | $6.6M | Feb 2021 |
| Canary | Pre-Seed | $1.5M | Jan 2021 |
 Paceline | Seed | $5M | Nov 2020 |
| NNewfront Insurance | Unknown | $200M | Oct 2020 |
| Groww | Series C | $30M | Sep 2020 |
 Steady | Series B | $15M | Jun 2020 |
| PPaceline Fit | Seed | $5M | Jan 2020 |
 DataSine | Series A | $5.2M | Feb 2019 |
| Groww | Series A | $6.2M | Jan 2019 |
 Hippo Insurance | Series D | $100M | Jan 2019 |
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Top Co-Investors
Scale Venture Partners7 shared
Y Combinator6 shared
Abstract Ventures5 shared
BoxGroup5 shared
Peak XV Partners4 shared
Monashees4 shared
Horizons Ventures3 shared
RPM Ventures3 shared
Ribbit Capital3 shared
Tiger Global Management, LLC3 shared
XYZ Venture Capital3 shared
Bloomberg Beta3 shared
Iconiq Capital, LLC3 shared
SE Ventures3 shared
Felicis3 shared
Endeavor3 shared
Pipeline Capital Partners2 shared
Sequoia Capital2 shared
The Goldman Sachs Group, Inc.2 shared
Meritech Capital2 shared
Last updated: 8 September 2026