November 4, 2021
Why we invested in Propelo
We’re excited to share that Propelo just announced its $12 million Series A.
We first invested in the company’s seed round in 2019, back it was known as LevelOps. But we haven’t said much about the investment publicly until today, when — along with revealing the series A — founder/CEO Nishant Doshi and his team also publicly launched the Propelo platform.
Like so many of our seed deals, we backed the company when it was pre-product and pre-launch. The reason was simple: Nishant. He’s a repeat entrepreneur, and when his previous startup CirroSecure was acquired by Palo Alto Networks, he became the larger company’s vice president of engineering.