Latest round

Series A

Last raised

May 2023

Total raised

$12M

Investors

6

About Parabol

Based in California, US, and founded in 2015, Parabol, Inc. provides a remote retrospective and meeting app that generates automatic insights about team performance from online collaboration activity for the computer software industry. As of March 2021, Jordan Husney is the CEO of the company and has 10 employees. The company observed a growth of 20% to 40% each month in 2018 and 2019. The firm currently provides retrospectives, check-ins, Sprint Poker, retrospective templates, and estimation techniques that integrate with Atlassian Jira, GitHub and Slack. Sprint Poker is an estimation tool that gets integrated with Jira offering backlog refinement meetings and agile planning for remote teams. The company’s revenue is generated by providing personal, pro and enterprise-level services related to its products to the customers. The company bills monthly. However, the first invoice is sent immediately after upgrading to a Pro or Enterprise account. The company plans to quadruple its revenue in 2021 and triple it in 2022. Also, the company plans to increase its users from 100,000 to 500,000 in 2021 and touching the one million mark by 2022. The company is also planning to increase its employees from 10 to 30.

Who invested in Parabol

6 investors across 3 rounds

See all investors in Parabol

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Funding rounds

  1. Series A

    May 22, 2023

    Amount

    Undisclosed

    Investors

    Locked

  2. Series A

    Mar 2, 2021

    Amount

    $8M

    Investors

    Locked

  3. Seed

    Nov 5, 2019

    Amount

    $4M

    Investors

    Locked

Questions about Parabol

Who invested in Parabol?

Parabol has 6 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Parabol raised?

Parabol has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Parabol last raise money?

Parabol's most recent round on record is a Series A, in May 2023.

What does Parabol do?

Based in California, US, and founded in 2015, Parabol, Inc.

Where is Parabol headquartered?

Parabol is headquartered in Alhambra, US.

Which VCs invest in companies like Parabol?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Parabol's stage. Their profiles are linked below.

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