[ Propel raises $4M in Seed ]

Propel has raised $4 million in Seed funding.

Founded in 2014, Propel provides a free app, called Fresh EBT, which allows EBT cardholders to manage their benefits, plan their shopping trips, save money on groceries, and connect to other essential resources.

The company is using the funds to continue to scale operations.

Funding  Series C
Founded  2014
Country  USA
City  Brooklyn, New York
Founder / CEO  Jimmy Chen
Deal Size  $4M
Investors  Andreessen Horowitz
 Durant Company
 Financial Solutions Lab
 WinWin Ventures
 Omidyar Network
 SciFi VC
 Jay Borenstein
Previous Investors  Financial Solutions Lab
 Chmod Ventures
 WinWin Ventures
 Center for Financial Services  Innovation (CFSI)

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