Mode VC
Massachusetts

Propeller

Propeller, based in Massachusetts, backs climate, industrial, supply chain, and food startups at Pre-Seed, Seed, and Series A, leading rounds with checks from $500k to $3 million.

Website LinkedInPortfolioPitch pageTeam page
Entry stagePre-seed, Seed, Series A
Check size$500K to $3M
Leads roundsYes
FocusClimate, Industrial, Logistics and mobility, Food and ag
Latest fund$118 million Fund I
Investing team5 peopleNo activity since Sep

Who you would pitch at Propeller

5 people on the investing team, 5 of them partners who can make the call. Partners are listed first.

Brian Halligan
Brian HalliganGeneral PartnerHe is also a Senior Advisor at Sequoia Capital and a Senior Lecturer at MIT.
Devdutt Yellurkar
Devdutt YellurkarGeneral PartnerHe previously co-founded Yantra and held senior roles at Infosys and Kalyani Brakes.
Rodrigo PrudencioManaging PartnerHe previously co-founded the Amazon Climate Pledge Fund and worked at Nth Power.
Steven FoxManaging PartnerFocus: early-stage ocean ventures.
Reece Pacheco
Reece PachecoPartnerFocus: early-stage ocean entrepreneurs.

Work here and something is wrong? Ask for a correction.

Writes $500K to $3M checks. Its smallest check is larger than 71% of firms in the atlas.

Bars: how many firms in the atlas report each band. Highlighted: this firm.

No recent activity since September 2026. Quiet does not mean closed.

Weekly count of activity updates. Activity is not a confirmed deal.

Before you pitch

Ownership target7-10%
How to reach them[email protected]

Notable investments

NavierCircle SeafoodsEbb Carbon

In their words

Propeller VenturesPropeller is an early-stage venture fund investing in startups building at the ocean's edge.propellervc.com
Founders and investors at a Mode VC gathering

Send Mode VC your deck

Raising a pre-seed or seed round? We write $1M to $5M first checks and help founders with distribution. A partner reads every deck.

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Alert me when Propeller is active

One email when this firm shows new activity. Nothing else.

Firms like Propeller

The 81 Collection$500K to $1M
Alpaca VC$500K to $3M · active Sep 22
Cybernetix VenturesCheck size not reported
Analog Ventures$500K to $3M
New Stack Ventures$500K to $3M
Cerulean VenturesCheck size not reported

On these lists

Seed climate investors in Massachusetts19Pre-seed climate investors in Massachusetts14Seed industrial investors in Massachusetts14Series A climate investors in Massachusetts13Pre-seed industrial investors in Massachusetts12Seed investors in United States2836Series A investors in United States1790Pre-seed investors in United States1561

Questions

What stage does Propeller invest in?

Propeller reports entry at pre-seed, seed, series a.

How much does Propeller invest?

Propeller reports checks of $500K to $3M.

Does Propeller lead rounds?

Yes. Propeller says it can lead.

Who are the partners at Propeller?

Brian Halligan (General Partner), Devdutt Yellurkar (General Partner), Rodrigo Prudencio (Managing Partner), Steven Fox (Managing Partner), Reece Pacheco (Partner).

Is Propeller active right now?

No recent activity since September 2026.

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