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propeller finance

The Propeller portal revolutionises the end-to-end vendor finance process by offering fast-track, automated processing, instant quotes, immediate auto-decisions, document generation e-sign acceptance and real-time management. Propel has a strong history of technology innovation within the vendor finance marketplace, helping more than 40,000 businesses across the UK to access asset finance to acquire business-critical equipment quickly and easily. Recently, Barclays Business Banking announced its partnership with Propel to offer equipment and vehicle finance to one million of their small and medium sized customers via the new online technology platform. Propeller is an InsurTech company that operates as an MGA, currently focused on the $6B surety and fidelity bond market.

We worked to narrow our focus as we methodically integrated learnings from each client experience into our service model, in the belief that Propeller’s work should get better as the firm got bigger. In 2020, we partnered with Newlight Partners for a growth equity investment to help us accelerate faster and bring more tech-enablement to the company to unlock our full potential. Propeller Industries is an enterprise-grade financial partner that empowers the most ambitious companies to reach their full potential.

Propel launches ‘Propeller’ asset finance web portal

It transmits the data provided by non-invasive medical devices via a mobile app to a medical platform whereby medical professionals analyze and evaluate the information of their patients. List your agency among the leaders of the industry, promote your work, create original content, find new team members and keep up with digital marketing events. Your approach to issuing small commercial surety bonds online and via email is excellent and has been very well received by clients. Further, it has streamlined our work in that space, freeing up capacity for our larger and complex cases. As an agency partner, our team of surety experts will work alongside you and your clients to help facilitate processes and answer commonly asked questions.

What does propeller industries do?

Propeller offers accounting, FP&A, transaction advisory, investor support, and other financial services for venture-stage tech companies who want to expand their customer base, grow market share, retain subscriptions, or increase revenue and profitability.

As a fast-growing venture-stage business, you need an agile partner who can support your evolving needs. Propeller provides comprehensive finance and accounting services to equip you with the team, technology, and tools that enable you to focus on running your company with confidence and clarity. Propel, one of the UK’s largest independent finance houses, has launched Propeller, a revolutionary new online asset finance portal developed to power vendors’ sales and redefine the customer finance journey. I launched Propeller Industries in 2008 as it became clear that cloud software and digital documents would make it feasible to decouple financial work from the physical location of each company.

Discover the right solution for your team

Propeller Industries is an enterprise-grade financial partner that empowers the most ambitious companies to reach their full potential.. We offer a broad range of services ranging from CFO-level strategic planning to day-to-day transaction processing through our team of fractional CFOs and accountants. We have served over 1,000 clients – including 15 unicorns – across a diverse portfolio of industries including ecommerce, technology, food & beverage, manufacturing, business services and healthcare.

propeller finance

I learned a lot during that time, and developed all the skills I needed to move into a more commercial role. Please enable JavaScript or switch to a supported browser to continue using twitter.com. You can see a list of supported browsers in our Help Center. We are passionate about making an impact in the lives of the people we engage with, in our work, and in the world. We are builders and creators, adaptable, and inquisitive – constantly striving for growth.

Propeller Health Investors

Propel has invested over £1m in the latest technology to engineer a best-in-market digital journey, enabling UK based vendors to offer their customers asset finance products effortlessly at point of sale. The new technology allows vendors to guide their customers through a seamless process from quote through to credit approval in a few simple steps, meaning the relevant documents are swiftly generated and payments to vendors can be made within minutes once on delivery or acceptance by the customer of the goods. The technology will enable more SMEs to finance equipment quicker, easier and more conveniently than ever before. The platform has been designed to reduce the time spent by vendors’ sales teams on finance paperwork, “enabling vendors to focus on driving more sales, whilst also providing customers with immediate access to the business-critical equipment they need to power their growth,” Propel said.

  • We believe that you deserve a financial partner as ambitious and innovative as you are.
  • In the age of digital transformation, technology companies are moving at lightning speed.
  • Propeller Industries is an enterprise-grade financial partner that empowers the most ambitious companies to reach their full potential.
  • Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.
  • Collins Aerospace, a Raytheon Technologies business, is a leader in technologically advanced and intelligent solutions for the global aerospace and defense industry.

Our goal is to ensure the absolute best service is provided from start to finish. Today, my original vision has come to fruition, as our global team surpasses 350 full-time people who have served over 1,000 companies and counting, including some of the world’s most successful startups. We offer enterprise-grade financial horsepower to growing companies – fueled by propeller finance state-of-the-art technology and fifteen years of insights gained from the experiences of some of the country’s most iconic startups. It improves the lives of those affected by respiratory conditions. It connects the ecosystem and makes sense of patient data to guide a more personalized approach to improve health-related outcomes for chronic respiratory patients.

His financial acumen, operating background, and love of developing new businesses helps drive his clients’ growth with the ability to mobilize all levels of stakeholders to achieve desired results. Recently, Barclays Business Banking announced its partnership with Propel to offer equipment and vehicle finance to one million of their small and medium-sized customers via the new online technology platform. Propel has helped more than 40,000 businesses across the UK to access asset finance to acquire business-critical equipment quickly and easily. As our clients raised billions in venture capital, my colleagues and I bootstrapped Propeller through twelve years of rapid, organic growth.

propeller finance

Financial vitality is the foundation of every successful business. But managing your company’s finances requires multiple skillsets across different roles with inconsistent workflows.Propeller was built to solve this problem. The application provides a diagnostic tool for respiratory diseases. The company was founded in 2020 and is based in Wilmington, Delaware.

Propeller.

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution. Propeller automates the entire process for customers, agents and obligees, changing how you buy and sell surety bonds forever. More recently, we’ve begun structuring our teams in a better way that supports long-term success. Even though it’s still relatively flat, there’s a trend moving toward leadership and team structure.

propeller finance

What is the annual revenue of propeller industries?

Propeller Industries revenue is $17.5M annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Propeller Industries has 151 employees, and the revenue per employee ratio is $115,894. Propeller Industries peak revenue was $17.5M in 2022.

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