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PropelPLM
Provides a cloud-based product value management platform that connects commercial and product teams to optimize decision-making and drive business growth
About PropelPLM
PropelPLM operates in the Product Lifecycle Management (PLM) and Quality Management System (QMS) market, offering a unified platform that consolidates all product records into one scalable location. The company serves a diverse range of clients, including those in the tech, consumer, supply chain, and medical device industries. PropelPLM's business model revolves around providing cloud-based software solutions that help businesses manage their product lifecycle from conception to end-of-life, ensuring compliance with quality standards and regulatory requirements. The platform enables clients to respond to customer demands faster, generate more accurate quotes, and increase win rates. PropelPLM generates revenue through subscription fees for its software services. The company emphasizes reducing risks and complaints by maintaining total control over the quality process, ensuring all stakeholders are up to date on the latest product changes and processes.
Source: Dealroom company dataAt a glance
- Founded
- 2015
- Headquarters
- Redwood City, United States
- Sector
- Marketing
- Power Law
- Colt$25–100M revenue
Latest news
Press, funding announcements and product moves mentioning PropelPLM.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Cloud Apps Capital Partners
Salesforce Ventures
SignalFire- KLKortschak Investments, L.P.
Green D Ventures
Alumni Ventures
Norwest Venture Partners
Series B and later3 investors entered at this stage
Salesforce
Ankona Capital
TIFF
Source: Dealroom Talent Intelligence.
Global footprint
across markets
Market sentiment
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