Propel Capital Network

Propel Capital Network, LLC is a venture capital firm based in Brooklyn, New York, founded in 2008. The firm specializes in early-stage and growth capital investments, focusing on both non-profit and for-profit organizations, as well as political initiatives. Propel Capital aims to support bold leaders committed to creating a just and equitable future by providing flexible, patient capital at critical junctures in their development. The firm is characterized by its high risk tolerance and willingness to invest in innovative social impact solutions that address pressing global challenges. Propel Capital also seeks to take an active role in its portfolio companies by pursuing board seats, thereby fostering close partnerships with the organizations it supports.

Jeremy Mindich

Co-Founder

Sarah M. Williams

Co-Founder and CEO

12 past transactions

Hypertype

Pre Seed Round in 2022
Hypertype is the world's leading data integration platform for support & sales communications using AI. Brings real-time information and creates hyper-personalized responses for your customers in email and chat interfaces.

Care in Action

Grant in 2020
Care in Action is an organization that fights for the dignity and fairness of domestic workers.

Opus

Pre Seed Round in 2020
Opus offers a training solution that meets frontline workers where they are. It provides companies with a single engagement platform designed to deliver frictionless, accessible, engaging training for frontline workers so that they are more productive, happier, and increase their work value. It was founded in 2018 and headquartered in New York, United States.

A-B Partners

Seed Round in 2020
A-B Partners is an identity-powered design firm that specializes in developing insights and creative strategies to influence power dynamics across various sectors. The firm focuses on transforming public relations and content strategy to reshape narratives surrounding people, power, and social change. By conducting extensive landscape analyses and leveraging in-depth knowledge of movements, organizations, and brands, A-B Partners provides clients with compelling communication frameworks and innovative ideas. This approach enables leaders to change the nature of policymaking and enhance human understanding, positioning the firm as a key player in facilitating social transformation.

Wethos

Seed Round in 2019
Wethos is a developer of a virtual studio designed to support small business owners in managing and pricing complex projects. Its platform utilizes agile methodologies to create tailored solutions, including brands, websites, digital content, and growth campaigns, that meet the unique requirements of each client. By assembling flexible teams of vetted creative and marketing specialists, Wethos enables businesses to address evolving challenges effectively and enhance their revenue potential.

Dan Mindich Teacher Project

Grant in 2019
Dan Mindich Teacher Project provides teachers with experiential learning opportunities in education and sustains practicing educators.

Mursion

Series A in 2019
Mursion, Inc. is a company that specializes in a virtual reality platform designed to enhance the interpersonal skills of professionals across various sectors, including healthcare, education, hospitality, and finance. By combining artificial intelligence with live actors, Mursion creates personalized simulations that replicate challenging workplace scenarios, allowing users to engage in immersive practice and take risks to improve their performance. The platform aims to provide authentic environments where individuals can develop essential skills necessary for navigating complex interpersonal exchanges in their careers. Founded in 2014 and headquartered in San Francisco, California, Mursion was previously known as AMITIES, INC. and rebranded in May 2015.

Selected

Seed Round in 2018
Selected, Inc. is a recruiting platform dedicated to connecting K-12 teachers with schools that align with their preferences in various urban areas, including New York City, New Jersey, Connecticut, Philadelphia, and Washington, D.C. Founded in 2016 and based in New York, the company offers its services free of charge to teachers, aiming to enhance teacher retention and improve hiring practices, particularly in high-need communities. Selected's innovative platform utilizes profile-matching technology to facilitate the job search process, allowing educators to access information about numerous public and private independent schools. Through this approach, Selected strives to create meaningful matches between teachers and schools, ultimately benefiting both educators and the educational institutions they serve.

Mijente

Venture Round in 2018
Mijente Inc. is a Chicago-based organization founded in 2015 that focuses on social justice for the Latinx and Chicanx communities. It operates both online and offline, blending digital organizing with creative media to mobilize activists. Mijente organizes the Lánzate conference, which addresses essential issues such as criminal justice, immigration, education, LGBTQ rights, race and ethnicity, labor, and climate change. The organization provides an action hub that enables users to launch online campaigns, fostering engagement and activism among immigrant and U.S.-born Latina/o and Chicana/o individuals. Through its multifaceted approach, Mijente serves as a political home for those advocating for a radical Latinx agenda.

Sister District Project

Grant in 2017
Sister District Project, Inc. is a nonprofit organization based in Walnut, California, that connects volunteers in Democratic-leaning areas with state election campaigns. The organization focuses on electing Democrats to key state legislative positions by providing a range of support services, such as get-out-the-vote initiatives, text-banking, postcard campaigns, phone banking, canvassing, and event support. In addition, Sister District offers professional training, advice, and guidance to candidates and campaign staff, equipping them with the necessary tools to run successful electoral campaigns. Through its network of local teams, Sister District aims to strengthen Democratic representation at the state level.

Stony Creek Colors

Series A in 2017
Stony Creek Colors, Inc. is a manufacturer of bio-based colorants specifically designed for the textile industry. Founded in 2012 and based in Springfield, Tennessee, the company collaborates with small farmers in the Southeast U.S. to produce plant-based dyes, including indigo. Stony Creek Colors aims to provide clean and safe natural dyes that replace hazardous chemicals traditionally used in textile manufacturing. By focusing on sustainable practices, the company enables the textile and fashion industries to offer environmentally conscious premium products to consumers.

Root Capital

Grant in 2016
Root Capital, Inc. is a non-profit organization based in Cambridge, Massachusetts, founded in 1999. It focuses on supporting poor and environmentally vulnerable communities in Africa, Latin America, and Southeast Asia by providing capital, financial training, and market connections to small and growing agricultural businesses. The organization aims to enhance rural prosperity by investing in agricultural enterprises that purchase crops such as coffee, cocoa, and grains from smallholder farmers. Through its initiatives, Root Capital helps these businesses thrive, thereby transforming rural communities and addressing their financial and market challenges. The organization has additional offices in Costa Rica, Kenya, Nicaragua, Senegal, and Mexico.
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