About Parachute Coffee
Parachute Coffee is a company based in Toronto (Canada) founded in 2016. It operates as a D2C, and Subscription. Parachute Coffee offers products and services including Coffee Subscription, Coffee Explorer Pack, and Single Bag of Coffee. Parachute Coffee operates in a competitive market with competitors including Two Bears, Arrowhead coffee, Ballestra Coffee, Bright Jenny and Grumpy Goose, among others.
- Headquarter Toronto, Canada
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RetailConsumer
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Social
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Products & Services of Parachute Coffee
Parachute Coffee offers a comprehensive portfolio of products and services, including Coffee Subscription, Coffee Explorer Pack, and Single Bag of Coffee. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Monthly delivery of fresh roasted coffee beans to subscribers.
Variety pack for trying different specialty coffee roasts.
Individual bags of decaf, medium, dark, or limited roasts.
Funding Insights of Parachute Coffee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Parachute Coffee
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Parachute Coffee
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parachute Coffee Comparisons
Competitors of Parachute Coffee
Parachute Coffee operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Two Bears, Arrowhead coffee, Ballestra Coffee, Bright Jenny and Grumpy Goose, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
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An internet-first brand offering coffee products.
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Functions as a coffee brand offering high-quality products to consumers.
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| domain | founded_year | HQ Location |
A direct-to-consumer brand offering high-quality coffee products.
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| domain | founded_year | HQ Location |
Offers personalized coffee subscriptions with fresh roasts from Canadian specialty roasters.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Parachute Coffee
When was Parachute Coffee founded?
Parachute Coffee was founded in 2016.
Where is Parachute Coffee located?
Parachute Coffee is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Parachute Coffee do?
Parachute Coffee sources and roasts specialty coffee beans on demand, offering direct delivery through a subscription model to customers in Canada. Users select roasts and schedules for regular shipments, ensuring freshness within 45 days. The service allows flexibility to pause, skip, or cancel, catering to home coffee enthusiasts seeking quality and convenience.
Who are the top competitors of Parachute Coffee?
Parachute Coffee's top competitors include Two Bears, Arrowhead coffee and Ballestra Coffee.
What products or services does Parachute Coffee offer?
Parachute Coffee offers Coffee Subscription, Coffee Explorer Pack, and Single Bag of Coffee.