About Parametric
Parametric is a company based in Philadelphia (United States) founded in 2012 was acquired by Bypass Mobile in March 2016.. Parametric has raised $319 thousand across 2 funding rounds from investors including Bypass Mobile. Parametric operates in a competitive market with competitors including Clover, Ezetap, Presto, Cardflight and SwipeSimple, among others.
- Headquarter Philadelphia, United States
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Sectors
Financial Services
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Phone
*********
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$319 K (USD)
in 2 rounds
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Latest Funding Round
$100 K (USD), Seed
Sep 13, 2013
- Investors
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Employee Count
Employee Count
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Acquired by
Bypass Mobile
(Mar 21, 2016)
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Funding Insights of Parametric
Parametric has successfully raised a total of $319K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $100 thousand completed in September 2013. 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 Seed — $100,000
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First Round
First Round
(12 Dec 2012)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2013 | Amount | Seed - Parametric | Valuation |
investors |
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| Dec, 2012 | Amount | Seed - Parametric | Valuation |
investors |
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| 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 Parametric
Parametric has secured backing from 1 investor. Prominent investors backing the company include Bypass Mobile. 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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Cloud-based POS software is offered for multi-site merchants.
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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 Parametric
| 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 - Parametric
| 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 |
Parametric Comparisons
Competitors of Parametric
Parametric 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 Clover, Ezetap, Presto, Cardflight and SwipeSimple, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based mPOS system for small business operations is offered.
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| domain | founded_year | HQ Location |
Cloud-based mPOS software and hardware solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Drive-through automation solutions for restaurants are provided using AI.
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| domain | founded_year | HQ Location |
In-person credit card payments are facilitated via mobile app SDK.
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| domain | founded_year | HQ Location |
Mobile point-of-sale suite is provided for card payment processing.
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| domain | founded_year | HQ Location |
Payment processing services for e-commerce and mobile transactions are offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Parametric
When was Parametric founded?
Parametric was founded in 2012.
Where is Parametric located?
Parametric is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.
Is Parametric a funded company?
Parametric is a funded company, having raised a total of $319K across 2 funding rounds to date. The company's 1st funding round was a Seed of $219K, raised on Dec 12, 2012.
What does Parametric do?
Parametric was founded in 2012 and is based in Philadelphia, United States. Software solutions for point-of-sale (PoS) and guest interactions are developed for hospitality venues such as clubs and restaurants. The PoS system maintains PCI compliance and generates analytics on sales data. Advertising options are integrated into the app via screensavers, backgrounds, and guest messages, allowing direct merchant outreach within the domain parametric.io.
Who are the top competitors of Parametric?
Who are Parametric's investors?
Parametric has 1 investor. Key investors include Bypass Mobile.
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