# Parker Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parker-group

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.getparker.com
- Total disclosed funding: $45M
- Latest round: Series B (Nov 8, 2024)
- Investors on record: 2

## About

Founded in 2019 and based in California, US, Parker Group, Inc., operates a digital financial platform that helps e-commerce companies manage and pay their expenses using their credit cards. In November 2024, Parker Group, Inc. raised USD 20 million in series B funding led by returning investor Valar Ventures, with participation from new investor Y Combinator. Parker offers a credit card that provides capital to businesses, adding cash flow whenever needed. The company’s platform connects with various e-commerce accounts, including Amazon, Facebook, Shopify, and many more, to consider the lending limit to provide capital with a 90-day payback limit. The company plans to use the November 2024 funding to expand its products and engineering.

## Funding rounds

- Series B, Nov 8, 2024, $20M — Valar, Y Combinator
- Series A, Mar 16, 2023, $25M — Valar

## Investors

- Valar (https://capitalatlas.ai/funds/valar) — Series A, Series B
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Series B