# Propel Venture Partners Management Co.

> Propel Venture Partners Management Co. is an SEC-registered investment advisory firm in San Carlos, CA, registered since 2022, reporting $500 million to $1 billion in regulatory assets under management in its Form ADV filing dated April 30, 2026.

- CRD: 283261
- Filed as: PROPEL VENTURE PARTNERS MANAGEMENT CO.
- Legal name: Propel Venture Partners Management Co., LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: San Carlos, CA
- Filing period: October 2026
- Form ADV filing dated: April 30, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/283261
- AdvisorCensus page: https://advisorcensus.com/firm/propel-venture-partners-management-co-san-carlos-ca-283261

## Quick answers

**How is Propel Venture Partners Management Co. compensated?**
On its Form ADV (Item 5.E, October 2026), Propel Venture Partners Management Co. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure.

**Where is Propel Venture Partners Management Co. located?**
Propel Venture Partners Management Co.'s principal office is in San Carlos, CA, according to its Form ADV; the May 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Propel Venture Partners Management Co. registered with the SEC or a state?**
Propel Venture Partners Management Co. is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 283261.

**How much does Propel Venture Partners Management Co. manage?**
Propel Venture Partners Management Co. reports $703,611,534 in regulatory assets under management in its Form ADV filing dated April 30, 2026 (100% discretionary).

**How have Propel Venture Partners Management Co.'s assets and staff changed since 2021?**
In the Form ADV data for Propel Venture Partners Management Co.: Regulatory assets under management: $774,555,144 in the October 2022 data and $703,611,534 in the October 2026 data, down 9%. Total employees: 4 in October 2022 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Propel Venture Partners Management Co. serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (7).

**Does Propel Venture Partners Management Co. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/283261

**What changed in Propel Venture Partners Management Co.'s recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 3. Regulatory assets under management went from $835,962,046 to $703,611,534 (-16%). Changed its office addresses in San Francisco, CA.

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Regulatory assets under management (Item 5.F)
- Total: $703,611,534
- Discretionary: $703,611,534
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 7 | $703,611,534 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2022 (4 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the May 2026 filing
- San Francisco, CA

### Websites listed on Form ADV (Item 1.I)
- propel.vc
- Instagram @PROPEL.VC
- LinkedIn @propelvc
- X @PropelVC

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | Not reported | March 22, 2021 |
| October 2022 | $774,555,144 | 4 | March 31, 2022 |
| October 2023 | $754,068,969 | 7 | March 28, 2023 |
| October 2024 | $749,004,150 | 6 | September 25, 2024 |
| October 2025 | $835,962,046 | 5 | July 3, 2025 |
| October 2026 | $703,611,534 | 4 | April 30, 2026 |

Regulatory assets under management: $774,555,144 in the October 2022 data and $703,611,534 in the October 2026 data, down 9%.
Total employees: 4 in October 2022 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 3.
- Regulatory assets under management went from $835,962,046 to $703,611,534 (-16%).
- Changed its office addresses in San Francisco, CA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Propel Venture Partners Management Co. (CRD 283261): Form ADV filing data as of October 2026.