Propel Data Cloud provides an end-to-end platform to build customer-facing analytics products, offering data ingestion (batch and streaming), transformations, APIs and UI components. The product is designed to let companies monetize and securely share product-usage data without dedicating large engineering teams. Propel emphasizes compliance with SOC2 Type 2, GDPR and CCPA as part of its offering. The company launched to general availability after two years working with design partners including Tackle, Tango, Lumeo and PropertyVista. The founding team—Nico Acosta, Tyler Wells and Mark Roberts—are ex-Twilio engineers who previously built high-value data products at Twilio. The team cites Twilio’s Voice Insights (which produced 60% net-dollar expansion on accounts that adopted it) as the motivating example for the market opportunity Propel targets.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2024