About Parachute Home
Parachute Home is a company based in Los Angeles (United States) founded in 2013.. Parachute Home has raised $35.45 million across 2 funding rounds from investors including H.I.G. Growth Partners, Upfront Ventures and Susa Ventures. Parachute Home operates in a competitive market with competitors including Helix Sleep, Barn & Willow, Dorai Home, Bearaby and Sheets & Giggles, among others.
- Headquarter Los Angeles, United States
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Sectors
Consumer
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Phone
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Website
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Social
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- Legal Name Parachute Home Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$35.45 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series C
Jun 27, 2018
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Investors
H.I.G. Growth Partners
& 8 more
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Employee Count
Employee Count
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Funding Insights of Parachute Home
Parachute Home has successfully raised a total of $35.45M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $30 million completed in June 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 Total Funding
- Total Rounds 2
- Last Round Series C — $30.0M
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First Round
First Round
(22 May 2015)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series C - Parachute Home | Valuation | H.I.G. Growth Partners | |
| May, 2015 | Amount | Series A - Parachute Home | Valuation | Upfront Ventures |
| 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 |
Investors in Parachute Home
Parachute Home has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include H.I.G. Growth Partners, Upfront Ventures and Susa Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are made in the United States.
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Founded Year | Domain | Location | |
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Venture capital funding is provided to early-stage companies.
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Venture capital firm investing in early-stage companies across fintech, healthcare, and multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Parachute Home
| 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 Home
| 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 Home Comparisons
Competitors of Parachute Home
Parachute Home 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 Helix Sleep, Barn & Willow, Dorai Home, Bearaby and Sheets & Giggles, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Personalized internet first mattress company
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| domain | founded_year | HQ Location |
Belgian linen drapes are curated and custom-made for online sales.
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| domain | founded_year | HQ Location |
Private label home improvement products are offered by Dorai Home.
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| domain | founded_year | HQ Location |
Internet first brand of bedding products
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| domain | founded_year | HQ Location |
Home textiles including lyocell sheets are sold online.
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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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Latest news on Parachute Home
Frequently Asked Questions about Parachute Home
When was Parachute Home founded?
Parachute Home was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Parachute Home located?
Parachute Home is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Parachute Home a funded company?
Parachute Home is a funded company, having raised a total of $35.45M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.45M, raised on May 22, 2015.
What does Parachute Home do?
Parachute Home was established in 2013 in Los Angeles, United States, as a vertically integrated e-commerce brand focused on home textiles. Operations began with bedding products and later expanded to include bathroom towels, robes, curated decor items, laundry detergents, and wool dryer balls. Distribution channels have been broadened to encompass company-owned physical stores and partnerships with hospitality firms across the USA.
Who are the top competitors of Parachute Home?
Parachute Home's top competitors include Helix Sleep, Dorai Home and Barn & Willow.
Who are Parachute Home's investors?
Parachute Home has 9 investors. Key investors include H.I.G. Growth Partners, Upfront Ventures, Susa Ventures, Suffolk Equity Partners, and Grace Beauty Capital.
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