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.
Deal activity increased 100% year-over-year (2 deals in the last 12 months). Average disclosed round size is $40.5M (across 61 rounds with reported amounts).
Portfolio
48
Fund Size
$100M
Top Stage
Series A
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
67 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Safebooks AI | Seed | $15M | Dec 2025 |
 Opine | Seed | $5M | Dec 2025 |
 Surus | Seed | $8M | Feb 2025 |
 Cavela | Pre-Seed | $2M | Sep 2024 |
 Motion Gestures | Series A | $2M | Jun 2024 |
 Fintoc | Series A | $7M | Apr 2024 |
 Neon | Series E | $129M | Jan 2024 |
 Parcha | Seed | $5M | Jan 2023 |
 Parcha | Seed | $5M | Jan 2023 |
 Neon | Series A | $30M | Jul 2022 |
 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 |
 Akua | Seed | $3.2M | Nov 2021 |
 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 |
| Groww | Series E | $251M | Jan 2021 |
| Groww | Series D | $83M | Jan 2021 |
 Paceline | Seed | $5M | Nov 2020 |
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Top Co-Investors
Y Combinator14 shared
Felicis8 shared
Horizons Ventures7 shared
Scale Venture Partners7 shared
RPM Ventures7 shared
Ribbit Capital6 shared
Tiger Global Management, LLC6 shared
Founders Fund6 shared
Iconiq Capital, LLC6 shared
Monashees6 shared
Plug and Play Tech Center5 shared
Pipeline Capital Partners5 shared
Abstract Ventures5 shared
BoxGroup5 shared
Zeev Ventures5 shared
Standard Industries5 shared
Fifth Wall5 shared
GGV Capital4 shared
Peak XV Partners4 shared
YC Continuity4 shared
Last updated: 20 October 2026