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1848 Ventures leads a $3M seed round for Propel People, appointing Dexter Bachelder as CEO to enhance their mobile-first hiring platform.

Jul 22, 2025•5 months ago

Amount Raised

$3 Million

Round Type

seed

ClevelandArtificial IntelligenceHuman ResourcesConstructionSaasSoftware

Investors

1848 Ventures

Description

1848 Ventures has led a $3 million seed funding round for Propel People. The investment aims to help the mobile-first hiring platform tackle labor shortages in the construction industry. Propel People has appointed Dexter Bachelder as CEO, who brings extensive experience in construction tech. The platform uses AI to improve hiring processes for skilled tradespeople.

Company Information

Company

Propel People

Location

Cleveland, Ohio, United States

About

Propel People is a mobile-first hiring platform built to assist contractors in hiring skilled tradespeople more efficiently. The platform leverages AI to tackle hiring challenges within the construction industry. It aims to simplify the recruitment process through smart candidate ranking and instant screening. Propel People primarily serves contractors by offering tools designed for on-site hiring.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers