PROPEL, LLC
Propel – Textile Driven Technologies
Providence, United States · Founded 2015 · $4.1M raised
- Headquarters
- Providence, Rhode Island
- Employees
- 1–10
- Founded
- 2015
- Business Model
- B2G
- Website
- propel-llc.com
- Total Funding
- $4.1M
- Last Round
- $1.5M GrantJan 2024
- Rounds
- 4
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
Propel is a highly experienced engineering and design team with 10+ years of R&D to commercialization, focused on Human Centered Design with products including the NAVSEA Submarine Damage Control Steam Suit, electronically enabled 3D knitted Smart Textiles, and ongoing Stitchless Technology applications for commercial and government projects. The company has been awarded US Department of Defense R&D (SBIR) Contracts, including 6 Phase I, 2 Phase II, and multiple Phase III awards.
Summary
PROPEL, LLC is a Defense Tech company based in Providence, United States, founded in 2015. It has raised $4.1M in total across 4 rounds, most recently a $1.5M Grant round in Jan 2024. Investors include U.S. Navy.
Tech & App Stack
3 technologies & apps tracked
Every product and vendor across these categories, with where each signal came from.
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Funding History
2024 (est.)
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Funding: Grant. Amounts, valuations, and investors where available.
Investors
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