PROPEL, LLC
platform connecting verified tech professionals with companies for testing, hiring, and adoption services
- Sector
- UNCERTAIN
- Headquarters
- Pawtucket, RI
- Founded
- 2014
- Latest Form D
- $55.5M, Mar 2022
- Total capital
- $75.6M
- Federal grants
- $2M
- 4 awards · 2015–2020
- 4.0× sector median 1 award
- Private capital raised
- $73.6M
- 3 Form D · last Mar 2022
- 56 months since last filing
- Federal contracts
- None on recordNo federal contract awards found.
- Granted patents
- 3
- 10 pending · first 2024
Capital timeline
Latest events
- Private capital raisedForm D · SEC · 3rd filing$55.5M
- Federal grantDefense · Phase II · Seamless Knitting for Military Protective Clothing$1.2M
- Private capital raisedForm D · SEC · 2nd filing$12.8M
- Federal grantDefense · Phase I · Application of a Low-Cost, Flame-Resistant Treatment to the Marine Corps Combat Utility Uniform that Provides Durable, Flame-Resistant Properties$125K
- Federal grantDefense · Phase I · Compression Garment with Embedded Electronics for Ambulatory Health and Performance Monitoring$150K
- Private capital raisedForm D · SEC · 1st filing$5.2M
- Federal grantDefense · Phase II · Seam Engineering: Stitchless Seam Technology$499K
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Federal first
17months
from PROPEL, LLC’s first federal award to its first private round.
- First federal award · Dec 2015
- Defense · $499K
- First Form D · May 2017
- $5.2M · 1st Form D
- Awards before first raise
- 1 award
An association in public records, not a cause or a prediction.
Founders and team
From SEC Form D filings- Alex RampellDirectorNamed in SEC Form D filings
- Jeffrey KaiserExecutive OfficerNamed in SEC Form D filings
- John C. MorrisDirectorNamed in SEC Form D filings
- Nicholas BirchExecutive Officer, DirectorNamed in SEC Form D filings
- Ram MehtaExecutive OfficerNamed in SEC Form D filings
- Sizhe ChenDirector, Executive OfficerNamed in SEC Form D filings
What it has protected
USPTO · 3 granted of 13- GrantedMachine-knittable Conductive Hybrid YarnsUSPTOUS 12,264,421
- PendingTextile Electrode ConnectionsUSPTOApplication 18436210
- GrantedSystems For Maintaining Moisture In A Textile ElectrodeUSPTOUS 11,905,627
Show all 13 patent records
- Machine-knittable Conductive Hybrid YarnsApr 1, 2025 · US 12,264,421Granted
- Textile Electrode ConnectionsJun 6, 2024 · Application 18436210Pending
- Systems For Maintaining Moisture In A Textile ElectrodeFeb 20, 2024 · US 11,905,627Granted
- Machine-knittable Conductive Hybrid YarnsFeb 6, 2024 · US 11,891,729Granted
- Knitted Textiles With Conductive Traces Of A Hybrid Yarn And Methods Of Knitting The SameOct 15, 2020 · Application 16845772Pending
- Stealthy Loop Material For Hook And Loop FastenerJan 1, 2015 · Application 14376415Pending
- Systems And Methods For Maintaining Moisture In A Textile ElectrodeApplication 62832101Pending
- Stealthy Loop Material For Hook And Loop FastenerApplication PCTUS2013024074Pending
- Machine-knittable Conductive Hybrid YarnsApplication PCTUS2020027699Pending
- Knitted Textiles With Conductive Traces Of A Hybrid Yarn And Methods Of Knitting The SameApplication PCTUS2020027695Pending
- Systems For Maintaining Moisture In A Textile ElectrodeApplication PCTUS2020027697Pending
- Garments With Integrated Electrodes And Conductive TracesApplication 62832098Pending
- Hybrid Yarn For Weaving Conductive Wires Into FabricApplication 62832104Pending
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .