Fundz

Propelo Raises $12M For Its Ai-Driven Engineering Excellence Platform

PRIVATENov 04, 2021

Amount Raised

$12 Million

Round Type

Funding Round

Information TechnologySoftwareData And Analytics

Description

The number of DevOps tools has increased exponentially over the last few years and, with that, the amount of data these tools can produce to help businesses improve their software development processes. But most of the time, this data simply ends up in a dashboard for some scattershot analysis. Propelo (previously known as LevelOps) wants to bring order to this chaos and aims to build an ‘AI-driven engineering excellence platform’ that brings together a set of machine learning-powered analytics services and no-code robotic process automation (RPA) tools to help users turn these data points into something actionable.

Quick answer

Propelo raised $12 Million in a Funding Round round, dated November 4, 2021.

How much did Propelo raise?
Propelo raised $12 Million in a Funding Round round on November 4, 2021.
What does Propelo do?
The company today announced that it has raised a $12 million Series A funding round led by Decibel Partners.

Source: Fundz verified event record.

Who else raised in Data And Analytics and Software around the same time

Companies in the same sectors as Propelo that raised within 45 days of this round, from Fundz verified event records.

  • SkySafe raised $27M (Convertible Note) on December 17, 2021.
  • SkySafe raised $30M (Series B) on December 17, 2021.
  • School Pass raised an undisclosed amount on December 17, 2021.
  • Haystacks.Ai raised $5M (Seed) on December 16, 2021.
  • Intentsify raised an undisclosed amount on December 16, 2021.
  • C Data raised $140M (Series B) on December 16, 2021.

Who to call at Propelo, and when

A new round usually means Propelo is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Propelo raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Propelo, from your own LinkedIn network

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Company Information

Company

Propelo

About

The company today announced that it has raised a $12 million Series A funding round led by Decibel Partners. Using Propelo’s RPA tools, users — and the company notes that it mostly caters to users in the engineering leadership stack — can easily automate a lot of tasks and workflows to improve DevOps processes within a business. “Propelo provides us the data-driven insights on how to reduce DevOps friction and reduce wasted motions at a very granular per scrum team level.

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

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Propelo 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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