About Parasol
Parasol is a company based in Richmond (United States) founded in 2017 was acquired by Snap One in October 2022. It operates as a Subscription Services. Parasol offers products and services including Parasol Remote Support. Parasol operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Hancom, AKQA and Guidde, among others.
- Headquarter Richmond, United States
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Sectors
Technology
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Phone
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Website
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Products & Services of Parasol
Parasol offers a comprehensive portfolio of products and services, including Parasol Remote Support. 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.
24/7 remote support is provided for custom installations.
Funding Insights of Parasol
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2021 | Amount | Series A - Parasol | Valuation | SnapAV |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Parasol
Parasol has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Snap One and SnapAV. 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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Founded Year | Domain | Location | |
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Smart services for homes and businesses are manufactured and distributed.
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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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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Parasol
| 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 - Parasol
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Parasol Comparisons
Competitors of Parasol
Parasol 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 AlmavivA, Hedgehog lab, Hancom, AKQA and Guidde, 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 |
IT services suite solutions are provided globally by AlmavivA.
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Mobile application development and UX design services are provided.
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Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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Integrated digital marketing campaigns are developed and executed across channels.
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| domain | founded_year | HQ Location |
Cloud-based video tools for knowledge sharing and management are provided.
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Mobile apps and IoT solutions are developed across platforms.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Parasol
Frequently Asked Questions about Parasol
When was Parasol founded?
Parasol was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Parasol located?
Parasol is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
What does Parasol do?
Parasol is established as a provider of 247365 remote support services tailored for the custom installation industry. Support is offered through phone, text, email, and chat to ensure customer issues are addressed promptly. Proactive solutions are implemented to identify and resolve potential problems before they escalate. The service is designed by integrators for integrators, focusing on maintaining customer satisfaction in the home automation and installation sector.
Who are the top competitors of Parasol?
Parasol's top competitors include Hedgehog lab, AlmavivA and AKQA.
What products or services does Parasol offer?
Parasol offers Parasol Remote Support.
Who are Parasol's investors?
Parasol has 2 investors. Key investors include Snap One, and SnapAV.