OverviewSuggest Edit

Propel is a company developing an app that helps low-income Americans improve their financial health. It offers Fresh EBT, an app that enables users to manage benefits, save money, and earn income. The app allows EBT cardholders to check their EBT balance, save money with coupons, clip coupons for their favorite stores and brands as well as explore job posts and other money-making opportunities.

TypePrivate
Founded2014
HQNY, US
Websitejoinpropel.com

Latest Updates

Employees (est.) (Jul 2021)55(-1%)
Cybersecurity ratingBMore

Propel Office Locations

Propel has an office in
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Propel Financials and Metrics

Summary Metrics

Founding Date

2014

Propel total Funding

$18.2 m

Propel latest funding size

$12.8 m

Time since last funding

3 years ago

Propel investors

Propel's latest funding round in December 2018 was reported to be $12.8 m. In total, Propel has raised $18.2 m
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Propel Operating Metrics

Propel's Monthly Active Users was reported to be 1.5 m in Dec, 2018.
Dec, 2018

Monthly Active Users

1.5 m
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Propel Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

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Propel Online and Social Media Presence

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Propel News and Updates

Modular Chiller Market to Reach USD 6.13 billion by 2026; Rising Technological Development by Key Players to Propel Growth: Fortune Business Insights™

Key Companies Covered in Modular Chiller Market Research Report are Frigel Firenze S.p.A. (Tuscany, Italy), LG Electronics (Seoul, Korea), Mitsubishi Electric Corporation (Tokyo, Japan) , Haier Group (Shandong, China), Midea Group (Guangdong, China), Trane (Dublin, Ireland), Gree Electric Appliances…

Kidfresh Secures New Round of Growth Capital to Propel Children's Favorites with the Power of Vegetables

NEW YORK, Feb. 26, 2020 /PRNewswire/ -- Kidfresh, the fastest growing brand in the better-for-you segment of frozen kids' meals, just announced a fresh capital infusion to accelerate its growth. The round was led by its existing institutional investors - Monogram Capital Partners,...

Virus Fears Propel VIX to Biggest Daily Surge Since Volmageddon

Virus Fears Propel VIX to Biggest Daily Surge Since Volmageddon

Dairy Alternatives Market Size Worth $25.12 Billion by 2026; Rising Adoption of Vegan Diet to Propel Growth, says Fortune Business Insights™

Key Companies Covered are Blue Diamond Growers, Danone S.A., Goya Foods, Inc., The Whitewaves Food Company, Vitasoy International Holdings Ltd., SunOpta, Inc., Organic Valley, Daiya Food, Inc., Eden Foods, Inc., Living Harvest Foods, Inc., and Other key players included in dairy alternatives market.…

Increasing Demand for Efficient and Reliable Power Transmission to Propel Growth of Global Fault Circuit Indicator Market; TMR Projects Valuation to Rise Up To ~US$2.2 bn by 2027

ALBANY, New York, Feb. 18, 2020 /PRNewswire/ -- Transparency Market Research has been following the movements happening across the global fault circuit indictor market. The research report published by TMR provides in detail the growth factors, challenges, trends, and projections about...

Scalable Cloud-based Solutions to Propel Unified Communication-as-a-Service Market to rise at a CAGR of ~36% From 2019 to 2027, Notes Transparency Market Research

ALBANY, New York, Feb. 17, 2020 /PRNewswire/ -- The global Unified Communication-as-a-Service (UCaaS) market is set on an impressive growth trajectory, credit a number of benefits it helps businesses accrue in terms of reliable and effective communications, the cornerstone of smooth...
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Propel Blogs

Propel’s Client Chats: Food and Community

Over the last few months of “client chats,” we interviewed diverse groups of SNAP participants about a wide variety of issues. From navigating the recertification process to making food benefits stretch, to stigma at the grocery store, these conversations revealed the everyday realities of living wi…

Propel’s SNAP Chats: Steven, Princess, Maribel, and Mary

Client Experiences with EBT panelists: Princess Alexander, Steven Rivera, Jimmy Chen (Propel), Mary Cannon, Maribel Rodriguez, Ellen Vollinger (FRAC).Earlier this month, Propel hosted a panel at the EBT: Next Generation Conference focused on client experiences with EBT. The purpose of the panel was …

How the technology behind Fresh EBT works.

Propel is a social enterprise that builds software products for low-income Americans. Fresh EBT, our financial management app, helps low-income Americans manage their SNAP benefits, save money, and earn income. Fresh EBT is available for free in all 50 states and is currently used by over 2 million …

The Hidden Truth

A guest post by Reggie Bicha, former Secretary of the Wisconsin Department of Children and Families, former Executive Director of the Colorado Department of Human Services.Very few public assistance programs give citizens the support, education, and tools they need to escape poverty. These programs …

Propel’s SNAP chats: Jennifer, Dante, and Claudia

Propel recently sat down with Washington State Poverty Reduction Workgroup steering committee members Jennifer Bereskin, Dante Pollard and Claudia Franson to have a conversation about their experiences with food stamps, their ideas to improve the SNAP program, and the logistics of grocery shopping. …

Remembering the government shutdown.

On January 20, 2019 millions of SNAP participants woke up to a surprise: an unexpected month of SNAP benefits deposited onto their EBT cards. On January 10, to ensure that SNAP households would receive benefits during the lapse in appropriations, FNS provided a blanket waiver to all State Agencies t…
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Propel Frequently Asked Questions

  • When was Propel founded?

    Propel was founded in 2014.

  • How many employees does Propel have?

    Propel has 55 employees.

  • Who are Propel competitors?

    Competitors of Propel include Expensify, Vimvest and 2play Finance.

  • Where are Propel offices?

    Propel has an office in.

  • How many offices does Propel have?

    Propel has 1 office.