Latest round

Seed

Last raised

May 2017

Total raised

$1.2M

Investors

4

About Pearachute

Pearachute Inc.Founded in 2016, Pearachute Inc. is based in Chicago, US, and specializes in offering various products that promote child development. The company was established by Desiree Wrigley, who also serves as the CEO, having a background in the educational sector. Pearachute Inc.Pearachute offers a diverse array of products aimed at enhancing child development and supporting educational resources. The company’s core offerings include interactive learning tools, such as educational toys, books, and digital applications, which are designed to foster cognitive, motor, and social skills in early childhood.The revenue model of Pearachute Inc. is primarily driven by direct-to-consumer sales along with partnerships with educational institutions and retailers. Customers can purchase educational products through the company's e-commerce platform or via retail partners. The company offers various pricing plans for individual consumers and institutional clients, including options for bulk purchasing and subscription services for digital products.Pearachute Inc. is focused on expanding its product line and enhancing its market presence. The company is in the process of designing new educational products aimed at further supporting child development, with anticipated launches in the upcoming year. Additionally, Pearachute plans to target new geographic markets, specifically aiming to expand into Europe and Asia by 2022.2 mn will be utilized to support these initiatives, including product development and market entry strategies.

Who invested in Pearachute

4 investors across 2 rounds

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Funding rounds

  1. Seed

    May 12, 2017

    Amount

    Undisclosed

    Investors

    Locked

  2. Seed

    Feb 11, 2016

    Amount

    $1.2M

    Investors

    Locked

Questions about Pearachute

Who invested in Pearachute?

Pearachute has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Pearachute raised?

Pearachute has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Pearachute last raise money?

Pearachute's most recent round on record is a Seed, in May 2017.

What does Pearachute do?

Pearachute is a internet company.

Where is Pearachute headquartered?

Pearachute is headquartered in Chicago, US.

Which VCs invest in companies like Pearachute?

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

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