VC firm
Propel Baltimore Fund
Also known as TCP Venture Capital
- Investor type
- VC
- Investing status
- Activeas of 2026-09-18Source (opens in a new tab)
- Headquarters
- Baltimore, Maryland, United States
- Assets under management
- $32MForm ADV private fund GAV, as of 2026-03-19Source (opens in a new tab)
- Funds
- 4
- Legal name
- PROPEL MANAGEMENT, LLC
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Record updated 29 September 2026
About
TCP Venture Capital is a Baltimore, Maryland-based early-stage technology focused venture capital firm. We partner with entrepreneurs to build great businesses.
Investment approach
- Thesis
- The Propel Baltimore Fund makes investments in early-stage technology companies willing to locate in Baltimore. The Fund addresses the critical need for more early-stage capital in Baltimore City, encourages more entrepreneurial activity in the City, creates more high-paying jobs, and helps to realize Baltimore City’s full potential as a destination for growing businesses.Source (opens in a new tab)
- Eligibility
- Please note that our focus is on unique technology applications, thus we do not invest in franchises, brick and mortar operations and on-line retail sales.
- Investing status notes
- If your company fits one of our investment theses, we’d love to hear from you.
Funds
- PROPEL BALTIMORE FUND II, LP
- Main fund
- VETERANS' OPPORTUNITY FUND, L.P.
- Opportunity
- PROPEL BALTIMORE FUND III, L.P.
- Main fund
- PROPEL BALTIMORE FUND, LLC
- Main fund
SEC registration
- Registered adviser
- PROPEL MANAGEMENT, LLC
- CRD number
- 172402 (opens in a new tab)
- SEC file number
- 802-132619
- Registration
- Exempt reporting adviser
- Regulatory AUM
- $32Mas of 2026-03-19
- Private funds reported
- 4
- Principal office
- OWINGS MILLS, MD, United States
Locations
- Headquarters
- Baltimore, Maryland, United States
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