Propel

Canada
Charlottetown, Prince Edward Island, Canada, C1A 4A4

Company profile

Propel company profile

Propel Is An Atlantic Canadian Organization That Offers An Online Accelerator To Technology Startups. Everything our organization does is about founders and their journey. We believe every single journey is different and should be supported accordingly. Your Propel experience will be dedicated by what you need, it’s as simple as that. VISION & VALIDATION Vision & Validation is the first step of the Propel journey, focusing on validating the business idea with customers using the lean startup methodology to find problem-solution fit. Generally, this course is a great fit for companies who are making less than $1,000 in monthly revenue, or no revenue at all yet. TRACTION & GROWTH Traction & Growth is the second step of the Propel journey for founders who have validated their product and have over $1,000 in monthly recurring revenue and are working on their startups full time. Propel Alumni are armed with the skills they need to continue to grow and scale their technology companies. What are they really capable of? Well, let the data speak for itself.... Alumni have shortened their sales cycles by 78% while in our program. 73% of their revenue is generated outside of Canada. They have doubled their contract size. Yep, that’s doubled with a D. This traction speaks louder than fancy text and also makes us excited for the future they are shaping. https://www.propelict.com/apply#courses

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2004-01-01, Year

Headquarters

Postal code
C1A 4A4
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding rounds
5
Total equity funding
$2.9M
Last funding
Non Equity Assistance / 2024-09-17
Last equity funding
Series Unknown / $2.9M
Investors
4
Lead investors
4
Founders
1
Articles
11

Founders and investors

Founders

Gerry Pond

Lead investors

Atlantic Canada Opportunities AgencyGovernment of Nova ScotiaHaulRadarInvest Nova Scotia

Investors

Atlantic Canada Opportunities AgencyGovernment of Nova ScotiaHaulRadarInvest Nova Scotia