About Parabole
Parabole is a Financial Services company based in New York (United States) founded in 2014. It operates as a regulatory compliance tasks are automated via machine intelligence. It operates on a AI-as-a-Service and Subscription Services model in Financial Services, Technology, and Industrial Goods & Manufacturing sectors. Parabole has raised $2.35 million across 2 funding rounds. The company has 16 employees. Its Indian entity Parabole India Private Limited reported revenue of ₹5.40 Cr. Parabole offers products and services including TRA I N Platform, Procurement Planning, and Energy Optimization. Its focus areas include Artificial Intelligence, Industrial AI Solutions, Manufacturing and Industrial Optimization. Its competitors include AspenTech, Thomson Reuters, Plex Systems, Corlytics and Cube Global and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Parabole is engaged in providing a causal AI platform named TRA I N, designed for advanced manufacturing, oil gas, and chemical pharmaceutical industries. The platform is utilized to blend IT and OT data, addressing multi-functional optimization challenges. Solutions offered include procurement planning, energy optimization, asset performance monitoring, and pipeline leakage detection. The platform is tailored to transform industries by delivering measurable results across critical use cases such as supply chain management and decarbonization. Paraboles technology is made available through cloud marketplaces like Microsoft Azure and Oracle, ensuring compliance with data sovereignty laws.
- Headquarters New York, United States
- Employees 16
- SectorsFinancial ServicesTechnology Industrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website parabole.ai
- Social LinkedIn X
- Legal Name Parabole India Private Limited
- Date of Incorporation 28 Jul, 2016
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹5.40 Cr
FY 2024 · +11% YoY
- Net Loss-₹70,107
FY 2024 · 0% margin
- EBITDA₹13.3 Lakh
FY 2024 · 2% margin
- Total Equity Funding$2.35M (USD)
in 2 rounds
- Latest Funding Round$1.65M (USD), Seed
Jan 2018
- Employee Count16
Associated legal entities of Parabole
Parabole operates through Parabole India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Parabole India Private Limited CIN U72900KA2016PTC095370 | Active | 28 Jul 2016 | Bangalore, Karnataka | ₹5.4 Cr | 16 | 3 | View details |
Products & Services of Parabole
Parabole offers a comprehensive portfolio of products and services, including TRA I N Platform, Procurement Planning, and Energy Optimization.
Causal AI platform for industrial optimization and solutions.
Solution for optimizing raw material procurement in manufacturing.
Strategy for energy consumption and carbon footprint reduction.
Funding Insights of Parabole
Parabole has successfully raised a total of $2.35M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.65 million completed in January 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.35M
- Total Rounds 2
- Last Round Seed — $1.65M
- First Round $700,000
(Mar 2017)
All 2 funding rounds of Parabole with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2018 | $1.65M | Seed | – | – | – |
| Mar 2017 | $700,000 | Seed | – | – | – |
Board of directors of Parabole India Private Limited (Parabole)
Parabole India Private Limited is the primary company behind Parabole. The board of Parabole India Private Limited currently have 3 directors; the longest-serving is Rajib Kumar Saha, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajib Kumar Saha DIN 07578141 | Director | 28 Jul 2016 | 10 yrs 2 mo | Parabole India Private Limited |
| Sandip Bhaumik DIN 05116992 | Director | 28 Jul 2016 | 10 yrs 2 mo | Parabole India Private Limited |
| Manesh Murali DIN 07460473 | Director | 28 Jul 2016 | 10 yrs 2 mo | Parabole India Private Limited |
People of Parabole
19 people are tracked at Parabole (5 in leadership, 14 in team); the tracked headcount is 16.
| Name | Role | Group |
|---|---|---|
Tony Sarkis | Chief Growth Officer | Leadership |
Manesh Nair | COO | Leadership |
| CEO | Leadership | |
| CTO | Leadership | |
Ashish Kumar Ghora | Vice President - Technology And Innovation | Leadership |
Manoj Kanyana | Dev Ops Manager | Team |
Ashish Ghora | Sr Architect | Team |
Sayantan Mukhopadhyay | Data Scientist | Team |
Aditya Narayanamoorthy | Architect | Team |
Sai Anvesh Durvasula | Architect | Team |
Sree Charan Pothireddi | Sr. Data Scientist | Product Lead | Team |
Manoj Kumar | Software Architect | Team |
Muhammad Ishaq | Product Team Lead | Team |
Dr. Krishnendu Chakraborty | Data Scientist | Team |
Sanjoy Bhattacharjee | Subject Matter Expert | Team |
Nilanjan Gantait | Senior Architect | Team |
Saptarshi Dey | Creative Design Lead | Team |
Sahasrangshu Sinha | Senior Data Scientist (causal Ai) | Team |
Rohit Khandekar | Sr Architect | Team |
Complete people profiles for Parabole
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Parabole
Figures of Parabole India Private Limited, the primary company behind Parabole, for FY 2024. Revenue was ₹5.40 Cr (+11% year on year). Net loss was -₹70,107 (0% margin). EBITDA was ₹13.3 Lakh (2% margin). Revenue has grown at a compounded annual rate of -1% over three years and +6% over five years.
- ₹5.40 CrRevenue · FY 2024 · +11% YoY
- -₹70,107Net loss · 0% margin
- ₹13.3 LakhEBITDA · 2% margin
- ₹62,640Paid-up capital
- 16Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- +6%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Parabole India Private Limited are on its company page.
Detailed financial statements for Parabole
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Parabole
3 dated milestones of Parabole across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Parabole is founded.
- Funding First funding round of $700K.
- Funding Latest funding round, Seed, of $1.6M.
Competitors of Parabole
Parabole has 9 listed competitors in our database, 7 of them funded. They include AspenTech, Thomson Reuters, Plex Systems, Corlytics and Cube Global, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aspentech.com | 1981 | Bedford, United States | $100M | 786 | AI-based software for manufacturing process optimization is offered. | |
| thomsonreuters.com | 2008 | Toronto, Canada | – | 24,400 | Cloud-based legal management and data services are provided for businesses. | |
| plex.com | 1995 | Troy, United States | $86.5M | 510 | Cloud-based manufacturing execution software solutions are provided by Plex Systems. | |
| corlytics.com | 2013 | Dublin, Ireland | $28.99M | – | Regulatory risk analytics and benchmarks are provided for financial firms. | |
| cube.global | 2011 | Godalming, United Kingdom | $22.03M | 167 | AI and SaaS-based regulatory technology solutions are delivered to businesses. | |
| droit.tech | 2012 | New York, United States | $39M | – | Compliance solutions for financial derivatives markets are provided by Droit. | |
| compliance.ai | 2016 | San Francisco, United States | $13M | – | Regulatory change management and regulatory intelligence solutions platform | |
| steel-eye.com | 2017 | London, United Kingdom | $38.29M | 37 | Cloud-based regulatory intelligence is delivered for financial institutions. | |
| aveva.com | 1967 | Cambridge, United Kingdom | – | 48 | Cloud-based data visualization and dashboard development are facilitated. |
Detailed competitors of Parabole
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Parabole
The website of Parabole (parabole.ai) receives about 6.9K visits a month.
- Monthly visits6.9K
▼ 24.9% vs previous month
Top companies in Regulatory & Compliance Tech
10 companies that operate in the same segment as Parabole (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based anti-money laundering solutions are provided for compliance. | 2014 | London, England, United Kingdom | USD 167.21 M | USD 45.67 M | 443 | |
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
Automated and expert-led identity verification services are provided. | 2010 | Munchen, Bayern, Germany | USD 40 M | – | 29 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
AI-powered data and decision intelligence solutions are provided for businesses. | 2016 | London, England, United Kingdom | USD 545.02 M | USD 161.29 M | 886 | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, Beijing, China | USD 1.98 B | – | 413 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | – | 815 | |
Identity verification, background screening, and fraud prevention solutions are provided. | 2011 | Mumbai, Maharashtra, India | USD 103.31 M | – | – | |
Software solutions for identity management are provided via APIs. | 2006 | Trondheim, Trøndelag, Norway | USD 2.09 M | USD 72.04 M | 150 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 |
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Related news about Parabole
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Frequently Asked Questions about Parabole
Parabole was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Parabole is headquartered in New York, United States. It is registered at New York, New York, United States.
Parabole is a funded company, having raised a total of $2.35M across 2 funding rounds to date. The company's 1st funding round was a Seed of $700K, raised on Mar 2017.
Parabole has 16 employees.
The primary company behind Parabole, Parabole India Private Limited, reported revenue of ₹5.40 Cr for FY 2024, up 11% year on year.
Parabole is engaged in providing a causal AI platform named TRA I N, designed for advanced manufacturing, oil gas, and chemical pharmaceutical industries. The platform is utilized to blend IT and OT data, addressing multi-functional optimization challenges. Solutions offered include procurement planning, energy optimization, asset performance monitoring, and pipeline leakage detection. The platform is tailored to transform industries by delivering measurable results across critical use cases such as supply chain management and decarbonization. Paraboles technology is made available through cloud marketplaces like Microsoft Azure and Oracle, ensuring compliance with data sovereignty laws.
Parabole's top competitors include AspenTech, Thomson Reuters and Plex Systems.
Parabole offers TRA I N Platform, Procurement Planning, and Energy Optimization.
Parabole operates through Parabole India Private Limited.
The legal entities of Parabole currently have 3 directors, including Rajib Kumar Saha, Sandip Bhaumik, Manesh Murali.