How Much Did propel-ai.com Raise?
Funding & Key Investors

Propel AI has secured $4.5M in total capital, with its most recent financing round bringing in $4.5M through a major strategic investment. This significant backing underscores the company's progress and market potential in the media intelligence sector.

What is propel-ai.com?

propel-ai.com
Business ServicesAdvertising NetworksBusiness Intelligence (BI) Software

Founded in 2018 and headquartered in Tel Aviv, Israel, Propel AI operates a comprehensive media database. This platform provides contact information for approximately one million journalists and influencers, positioning the company as a key resource for public relations and media outreach professionals. The company's focus on building an extensive and accurate database of media contacts suggests a strategy aimed at facilitating efficient and targeted communication for its clients.

How much funding has propel-ai.com raised?

propel-ai.com has raised a total of $4.5M across 1 funding round:

2022

Angel/Seed

$4.5M

Angel/Seed (2022): $4.5M with participation from NFX

Key Investors in propel-ai.com

NFX

NFX is a venture capital firm known for its focus on network effects and early-stage technology companies. Their investment in Propel AI suggests a belief in the company's scalable platform and its potential to disrupt the media relations industry.

What's next for propel-ai.com?

The recent major strategic investment indicates a pivotal growth phase for Propel AI. This capital infusion is likely to fuel further expansion of its media database, enhance its technological capabilities, and potentially broaden its market reach. The company is well-positioned to leverage this financing to solidify its standing in the competitive media intelligence landscape and drive innovation in how organizations connect with media and influencers.

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Frequently Asked Questions Regarding propel-ai.com Financial Insights

What are the most recent funding rounds that propel-ai.com has completed, and what were the funding rounds?
propel-ai.com has recently completed 1 funding rounds: Angel/Seed on Mar 11, 2022.
What is the total amount of funding propel-ai.com has raised to date?
propel-ai.com has raised a total of $4.5M in funding to date.
How many funding rounds has propel-ai.com completed?
propel-ai.com has completed 1 funding rounds.
How much funding did propel-ai.com raise in its most recent funding round?
propel-ai.com raised $4.5M in its most recent funding round.
Who are the lead investors in propel-ai.com's latest funding round?
The lead investor in propel-ai.com's latest funding round was NFX. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in propel-ai.com's history?
The largest funding round in propel-ai.com's history was $4.5M.
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