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Propel is the developer of a mobile finance platform designed to manage benefits and debits side-by-side. The platform allows users to instantly view food stamps, locate nearby grocery stores, corner stores, and farmer markets, as well as keep track of spending. Users can also receive government benefits such as rental assistance and cash payments, managing these alongside their earned income and overall finances. This enables individuals with low income to improve their financial health, save money, discover job opportunities, and boost their earnings.
Kleiner Perkins, Max Levchin, Restive Ventures, JP Morgan Chase, Inspired Capital (New York), New York Life Ventures, Jay Borenstein, Andreessen Horowitz, Winwin, Nasir Dara Jones, Kevin Durant, Omidyar Network, Mischief, Nyca Partners, SciFi VC, Jeremy Lin, Serena Ventures, GoodCompany Ventures, 345 Partners, CLF Partners, Team Ignite Ventures, Flourish Ventures, Alexa von Tobel, Financial Health Network, Jared Leto.