# Ray Hein

> Ray Hein is the retired co-founder and former CEO of Propel Software, the Salesforce-based product software company he helped start in 2015. His career spans Agile Software, Centric Software, Vendavo and Apttus. After becoming chief strategy officer in 2022, he announced his retirement from daily responsibilities effective November 1, 2023, with plans to remain an active board member.

- **Role:** Retired co-founder of Propel Software; continued board involvement announced in October 2023
- **Organizations:** Propel Software, Agile Software, Centric Software, Vendavo, Apttus, Bright Minds
- **Known for:** Co-founded Propel Software in 2015., Led Propel as CEO through its 2021 $20 million Series C, bringing announced total funding to $48 million., Was CEO when Propel ranked No. 77 on the 2021 Deloitte Technology Fast 500, with 2,207% revenue growth from 2017 to 2020.

## Career timeline

- **2007-2008** — Started Bright Minds, an effort to commercialize dormant patents through professional networks; later closed it during the downturn.
- **Before 2015** — Held leadership roles at Agile Software, Centric Software, Vendavo and Apttus, including product strategy and product management responsibilities.
- **2015** — Co-founded Propel with Ron Hess and Brian Sohmers.
- **2016** — Propel announced a $4.2 million Series A led by Cloud Apps Capital Partners.
- **2018** — Propel announced an $18 million Series B led by Norwest Venture Partners.
- **2021** — Propel raised a $20 million Series C and ranked No. 77 on Deloitte’s Technology Fast 500.
- **2022** — Moved from CEO to chief strategy officer as Ross Meyercord became CEO on November 30.
- **2023** — Announced retirement from day-to-day responsibilities effective November 1, with continued involvement as an active board member.

## Achievements

- Co-founded Propel Software in 2015.
- Led Propel as CEO through its 2021 $20 million Series C, bringing announced total funding to $48 million.
- Was CEO when Propel ranked No. 77 on the 2021 Deloitte Technology Fast 500, with 2,207% revenue growth from 2017 to 2020.
- His LinkedIn profile lists patents in product network management and enterprise information propagation.

## Latest updates

- **2023-10** — Announced departure from daily chief strategy officer responsibilities effective November 1, 2023, and plans to remain an active board member.
- **2022-11** — Became Propel’s first chief strategy officer when Ross Meyercord was appointed CEO.

## Links

- Website: https://converged.propelsoftware.com/author/ray-hein
- LinkedIn: https://www.linkedin.com/in/rayhein/
- Twitter/X: https://twitter.com/Ray_Hein_Propel

---

Profile page: https://yespress.io/ray-hein
Published by YesPress — https://yespress.io
Last updated: 2026-10-22