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Founded Year



Series B | Alive

Total Raised


Last Raised

$50M | 7 mos ago

Mosaic Score

+50 points in the past 30 days

What is a Mosaic Score?
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

About Propel

Propel is a Brooklyn, NY-based developer of software to help food stamp recipients manage their benefits. Propel provides a free app, called Fresh EBT, which allows EBT cardholders to manage their benefits, plan their shopping trips, save money on groceries, and connect to other essential resources.

Propel Headquarters Location

397 Bridge Street

Brooklyn, New York, 11201,

United States

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Research containing Propel

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Propel in 1 CB Insights research brief, most recently on Jun 24, 2020.

Expert Collections containing Propel

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Propel is included in 5 Expert Collections, including Fintech 250.


Fintech 250

498 items


Grocery Retail Tech

640 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.


Gig Economy Value Chain

155 items

Startups in this collection are leveraging technology to provide financial services and HR offerings to the gig economy industry



2,440 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.



7,547 items

US-based companies

Propel Patents

Propel has filed 4 patents.

The 3 most popular patent topics include:

  • Legal terminology
  • Building insulation materials
  • Electrical engineering
patents chart

Application Date

Grant Date


Related Topics




Fluid dynamics, Laboratory equipment, Gas technologies, Engine technology, Optical devices


Application Date


Grant Date



Related Topics

Fluid dynamics, Laboratory equipment, Gas technologies, Engine technology, Optical devices



Latest Propel News

Taiwan Semiconductor Research Institute selects Veeco’s Propel MOCVD system

Jun 8, 2022

Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA says that its Propel R&D metal-organic chemical vapor deposition (MOCVD) system has been selected by the Taiwan Semiconductor Research Institute, National Applied Research Laboratories (TSRI, Narlabs) for development and collaboration related to gallium nitride (GaN)-based power and RF devices. The single-wafer Propel platform is suitable for high-volume manufacturing and 300mm capabilities, as well as R&D applications. The Propel R&D system has been installed in TSRI’s Hsinchu laboratory and enables a joint collaborative effort to drive technology innovation, as well as develop and demonstrate technical capabilities in emerging GaN markets. The joint effort and collaboration aims to accelerate wide-bandgap compound semiconductor technology to high-volume and low-cost applications on 200mm and 300mm substrates. “Veeco’s Propel R&D system is uniquely qualified to deliver the performance and flexibility required to conduct advanced developments of power and RF devices,” comments Dr Chang-Hong Shen, deputy director-general, Research Fellow at TSRI. “We are excited to have this R&D system operating in our facility and look forward to support from the Veeco team in the years to come,” he adds. Veeco’s Propel GaN MOCVD system is designed specifically for power and RF applications. Featuring a single-wafer reactor platform, the system deposits GaN films for the production of highly efficient power and RF devices. The single-wafer reactor is based on Veeco’s TurboDisc technology including the IsoFlange and SymmHeat technologies, which provide homogeneous laminar flow and uniform temperature profile across the entire wafer. “We now have multiple technologies installed at TSRI’s facility and we look forward to helping them maximize the value of our platforms and the opportunity for technology collaboration,” says Adrian Devasahayam Ph.D., senior VP, product line management.

Propel Web Traffic

Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
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Propel Rank

  • When was Propel founded?

    Propel was founded in 2014.

  • Where is Propel's headquarters?

    Propel's headquarters is located at 397 Bridge Street, Brooklyn.

  • What is Propel's latest funding round?

    Propel's latest funding round is Series B.

  • How much did Propel raise?

    Propel raised a total of $67.95M.

  • Who are the investors of Propel?

    Investors of Propel include Andreessen Horowitz, Nyca Partners, J.P. Morgan Chase & Co., Salesforce Ventures, Flourish Ventures and 12 more.

  • Who are Propel's competitors?

    Competitors of Propel include Even and 4 more.

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