Propel Stock

Propel provides a mobile app designed to help users manage their benefits and money.

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About Propel Stock

Propel builds software dedicated to helping low-income Americans improve their financial health. Its core product, Providers, is a free app that allows EBT cardholders to manage their benefits and money, save on essentials, and earn cash. Providers is used by millions of Americans across the country and Propel has been featured in the NYTimes, Wall St Journal, and Forbes. Propel was founded in 2014 and is based in Brooklyn, New York.

Funding History

June 2015$250K
June 2015$1.1M
May 2017$4.0M
December 2018$12.8M
March 2022$50.0M

Management

Founder and CEO

Jimmy Chen

Co-founder and Chief Operating Officer

Jeff Kaiser

CTO & Co-founder

Ram Mehta

Head of Social Innovation

Stacy Taylor

UX Research Lead

Kaela Gallo

Senior Software Engineer

Ilya Kamens

Advisor

Chris Craver

Platform Engineer

Isaac Wilder

Senior Product Manager, Growth

Ian Robert

Director of Product Management

Molly McGowan

Executive Producer and Host

Susan Miller

Rotational Analyst

Manyung Emma Hon

Founder

Shelly Ni

Press

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