Groww 🇮🇳 “To empower Indians to grow their wealth, with confidence” Today in Mumbai, Groww became a publicly listed company. Propel Venture Partners first invested in the Series A round in 2019 - backing Lalit Keshre, Ishan Bansal, Harsh Jain, and Neeraj Singh as they reimagined how India saves and invests. Six years later, Groww now commands 26% of India’s retail stock-broking market share - a masterclass in compounding, discipline, and product-driven execution. Congratulations to the entire Groww team! 👏
Propel Venture Partners
Venture Capital and Private Equity Principals
San Francisco, California 8,605 followers
Investing in the new economy
About us
Founded in 2016, Propel is a seed-stage venture firm that backs visionary founders building tomorrow's economy. These founders are revolutionizing money, reinventing financial services, and creating technology that transforms traditional institutions. Propel invests in startups worldwide and to date has raised over $436 million to invest in industry-leading companies such as Coinbase, Docusign, Groww, Guideline, Neon, and Newfront.
- Website
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http://propel.vc
External link for Propel Venture Partners
- Industry
- Venture Capital and Private Equity Principals
- Company size
- 2-10 employees
- Headquarters
- San Francisco, California
- Type
- Partnership
- Founded
- 2016
- Specialties
- Consumer, Web3, FinTech, Crypto, Early Stage, Venture Capital, Financial Services, and Technology
Locations
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Primary
Get directions
553 Pacific Ave
San Francisco, California 94133, US
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Get directions
San Francisco, CA, US
Employees at Propel Venture Partners
Updates
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Propel Venture Partners reposted this
Congratulations to the Akua team on raising an $8.5M Seed round co-led by Flourish Ventures and Cathay Latam. I'm delighted to see the progress since the three founders and a PowerPoint stage when Propel Venture Partners led the pre-seed a year ago. Now back to delivering to customers who need AI-native, cloud-based acquiring-as-a-service for global markets, starting with LatAm. Thanks to Carlos Mario Marín Arroyave, Juan Jose Behrend, Rodrigo Rodrigues, and the Akua team for your partnership.
CEO & Co-Founder @Akua, Building Infra Paytech 🔥 | Business Strategy, Fintech Infrastructure | B2B GTM & Growth Catalyst | All things Fin & Tech Enthusiast 🌎
Today we’re announcing our (once again oversubscribed 🤯) Seed Round, bringing our total funding to US$13M in less than 12 months. Beyond the number — rare to see in LatAm in a post-correction market — what excites me the most is the opportunity we’re tackling with a team that truly is the positive exception in payments infrastructure, not only in the region but globally. In record time we built the foundation of our platform, with AI at the core, launching our AI Agentic Payments Platform. In just 9 months we connected directly to Mastercard and Visa, achieved PCI DSS Level 1, ISO 27001, and PCI PIN certifications, went live with our first clients, and today, one year later, we already offer RTP and APMs in Colombia, went live in Uruguay, and are moving fast on our LatAm expansion. Acquiring-as-a-Service and our Payments Hub are now synonymous with the value we deliver — proof of how verticalizing payments infra is driving massive impact across the industry. None of this was easy. It was possible because of a team that combines experience, scars from the industry, and relentless drive. They are the reason we have a world-class solution today — and with this new capital, the resources to keep transforming what many thought untouchable: making what’s traditionally complex, simple. A huge thank you to our round leaders and investors — Flourish Ventures, Cathay Latam, Atlantico, Honey Island-4UM Investimentos, Krealo, Simma Capital, Propel Venture Partners, H20 Capital Innovation, Rally Cap VC, IC Ventures, Plug and Play Tech Center and our angel investors — for believing in our vision and backing us on this journey. From LatAm to the world 🌎. We’re just getting started. Spread the word: 🔗ES: https://lnkd.in/enrbEMjg 🔗EN: https://lnkd.in/eUUQwyrg 🔗PT: https://lnkd.in/ehaXh_iV #Akuaring
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Announcing the close of Propel Venture Partners' $100M Fund V, expanding our global investments in founders who are building tomorrow’s economy.
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Propel is hiring! Check out the background and job posting. Help us find the next investor to join our team in San Francisco.
🚀 We’re Hiring! Propel Venture Partners is expanding its investment team and looking for a driven, entrepreneurial investor to join our San Francisco office. ⛰️ At Propel, we back visionary founders shaping the future of money, financial services, and transformative technology. From Seed to Series A, we invest in startups worldwide that are redefining how the world works, trades, and thrives. 🔬As part of our team, you’ll have the opportunity to research, source, and evaluate high-potential investments while working closely with founders and portfolio companies in some of the most innovative areas of the economy. 🎯 We’re excited to expand our team and our impact. If you or someone you know would be a great fit, let’s connect! The job posting has details. #hiring #venturecapital #fintech #startups cc/ Jay Reinemann Elton Chang Braeden N.
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Propel Venture Partners reposted this
It's the end of the year and a good time for finance leaders to reflect on improving their operations for 2025. The team at Safebooks AI is ready to help! 🤝 💱 cc/ Ahikam Kaufman, Steve Sovik, Guy Bar-Gil
"𝗙𝗶𝗻𝗮𝗻𝗰𝗲 𝗱𝗮𝘁𝗮 𝗶𝘀𝗻’𝘁 𝗷𝘂𝘀𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀—𝗶𝘁’𝘀 𝗺𝗼𝗻𝗲𝘆, 𝗮𝗻𝗱 𝗺𝗶𝘀𝘁𝗮𝗸𝗲𝘀 𝗰𝗼𝘀𝘁 𝗺𝗶𝗹𝗹𝗶𝗼𝗻𝘀." Financial data mismanagement often goes unnoticed until it’s too late. From missed invoices to duplicate payments, errors like these lead to real financial losses. Investors, boards, and audit committees demand accuracy, but manual processes can’t keep up with the complexities of modern business. Is your organization prepared to handle the financial governance challenges of tomorrow? 🎙️ 𝙇𝙞𝙨𝙩𝙚𝙣 𝙩𝙤 Eric Kavanagh 𝙙𝙞𝙨𝙘𝙪𝙨𝙨 𝙩𝙝𝙚 𝙘𝙤𝙨𝙩 𝙤𝙛 𝙢𝙞𝙨𝙢𝙖𝙣𝙖𝙜𝙚𝙙 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙙𝙖𝙩𝙖 𝙬𝙞𝙩𝙝 𝙎𝙖𝙛𝙚𝙗𝙤𝙤𝙠𝙨 𝘾𝙀𝙊 Ahikam Kaufman 𝙤𝙣 "𝙄𝙣𝙨𝙞𝙙𝙚 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨." The full episode is in the first comment below 👇
𝗙𝗶𝗻𝗮𝗻𝗰ial 𝗱𝗮𝘁𝗮 𝗶𝘀𝗻’𝘁 𝗷𝘂𝘀𝘁 𝗻𝘂𝗺𝗯𝗲𝗿𝘀 - 𝗶𝘁’𝘀 𝗺𝗼𝗻𝗲𝘆
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Propel Venture Partners reposted this
Congrats to the TrustLayer team on their partnership with Nationwide. Insurance verification is a static process - with partnerships like this, it's real time, up to date, with certainty. More to come...
It’s official! We’ve partnered with Nationwide to bring on-demand insurance verification to the market. No more paperwork, no more uncertainty—just instant, secure validation of insurance policies. Learn more about how this changes the game: https://hubs.li/Q02_LNmq0
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Propel Venture Partners reposted this
Partnering with Carlos, Juan Jose, Rodrigo and the Akua team was a major highlight for me in 2024. They know what they want to build - from the product to the culture, and are moving fast to get there. If you're a builder that wants to get in early with a top-tier team in LatAm with broader ambitions, get in contact with these folks! 🤝 🎆
¡Cerramos el 2024 llenos de orgullo y entusiasmo por lo que viene! 🎉 Cuando lanzamos Akua en Agosto de 2024, nuestros founders Carlos Mario Marín Arroyave, Rodrigo Rodrigues y Juan Jose Behrend tenian una mision: Reinventar la infraestructura de aceptacion de pagos para la era digital 5 meses después: 💥 De 0 a 25 cracks de Clase Mundial 💰 $4.3M USD Inversion 🏆 Reconocimiento Top 100 de Forbes Colombia 🗞️ Colombia Early Stage 100 de NuMundo Ventures y Colombia Tech Week 🙋♂️ Seleccionados por Cubo Itaú (el hub de startups líder en LatAm) 🧠 Cerramos con broche de oro nuestro offsite inspirado en los Think Days de Bill Gates ️ ✅Lanzamos un Hackathon revolucionario para transformar los pagos presenciales, Inspirarnos con charlas magistrales de referentes de la industria Estamos creando la infraestructura de pagos que el siglo XXI merece. Nuestro equipo de ninjas de pagos trabaja 24/7 para transformar cómo LatAm piensa en transacciones. 🎯 Visión, Misión e Hitos a romper en el 2025: Ready to go! 💻 Tecnología core : Casi Lista! ⏳ Tiempo de implementación: Radicalmente reducido ⚡ Cultura de equipo: Absolutamente eléctrica 🎉 Cerramos el año con una emotiva fiesta, pueden ver algunas foticos de una noche épica ¡Gracias a nuestros inversores, mentores y todos los que creyeron en el sueño Akua- esto es solo el comienzo........ 2025, que linda pinta tienes! #akuaring _______________________________________________ 🚀 Wrapping up 2024 with pride and excitement for what’s ahead! 🎉 When we launched Akua in August 2024, our founders Carlos Mario Marín Arroyave, Rodrigo Rodrigues and Juan Jose Behrend had one mission: Reinvent the payment acceptance infrastructure for the digital era. 5 months later, here’s where we stand: 💥 From 0 to 25 world-class rockstars 💰 $4.3M USD raised 🏆 Featured in Forbes Colombia’s Top 100 🗞️ Recognized in the Colombia Early Stage 100 by NuMundo Ventures and Colombia Tech Week 🙋♂️ Selected by Cubo Itaú, LatAm’s leading startup hub 🧠 Wrapped up the year with an epic offsite inspired by Bill Gates’ Think Days ✅ Hosted a groundbreaking hackathon to revolutionize in-person payments, complete with industry-leading keynotes to fuel our vision We’re building the payment infrastructure the 21st century deserves. Our payment ninjas are working 24/7 to transform how LatAm thinks about transactions. 🎯 2025 Goals, Mission, and Milestones? Locked and loaded! 💻 Core tech? Almost there! ⏳ Implementation timelines? Radically reduced. ⚡ Team culture? Absolutely electric. 🎉 We ended the year with an unforgettable party—check out some pics from a truly epic night! A massive thank you to our investors, mentors, and everyone who believed in the Akua dream. This is just the beginning… 2025, you’re looking SO good! 🌟 #akuaring
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Propel Venture Partners reposted this
This is for the front end engineers looking for a new role in 2025 at a potentially category-defining company 🎅 🎄 🎁 Cavela is leading the global AI manufacturing revolution. Major tailwinds here... helping retail businesses navigate the uncertain environment ahead will require speed, efficiency, and the ability to change plans on the fly. That's where Cavela excels. Anthony Sardain and team are looking for a Bay Area based FE engineer with 3-5 years experience implementing web apps with React and TypeScript. Looking for experience handling frontend state with different frameworks and/or vanilla React. Understanding web architecture patterns is a plus and Tailwind UI is convenient. Get in touch with anyone on the Propel Venture Partners team or Anthony Sardain if interested in being one of the first ten hires at this exciting, well funded Seed stage company.