Propel Venture Partners is a venture capital firm that invests in early-stage technology startups in the financial services industry, focusing on web3 and fintech sectors in the US and Latin America. Investment decisions are made by the firm's two partners. The firm also invests in emerging fund managers with diverse backgrounds and strategies relevant to financial services.
Propel Venture Partners manages investments for private funds and charges a management fee. The initial management fee is generally 2.5% of committed capital annually, paid quarterly in advance. This fee may be reduced over the life of the fund. The fee structure can vary among different funds.