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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.

PRIVATEJul 22, 2025

Amount Raised

$3 Million

Round Type

Seed

ClevelandSoftwareArtificial IntelligenceSaaSHuman ResourcesConstruction

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.

Fundz sees it the moment Propel People raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

1 contact
Verified contactsDexter B., Chief Executive OfficerSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for Propel People's next move

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Propel People raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.