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
- SectorsTechnology
- Website getparasol.com
- Acquired by Snap One (Oct 2022)
Products & Services of Parasol
Parasol offers a comprehensive portfolio of products and services, including Parasol Remote Support.
24/7 remote support is provided for custom installations.
Funding Insights of Parasol
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Parasol 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 |
|---|---|---|---|---|---|
| May 2021 | – | Series A | – | SnapAV | – |
2 investors in total: 2 institutional.
Investors in Parasol
Parasol has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Snap One and SnapAV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
- | – | snapav.com | - | |
Smart services for homes and businesses are manufactured and distributed. | 2005 | snapone.com | Charlotte, United States |
Investor details for Parasol
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Parasol
3 dated milestones of Parasol across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Parasol is founded.
- Funding First funding round.
- Exit Acquired by Snap One.
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.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| almaviva.it | 2005 | Rome, Italy | – | – | IT services suite solutions are provided globally by AlmavivA. | |
| hedgehoglab.com | 2007 | Newcastle Upon Tyne, United Kingdom | $9.49M | 88 | Mobile application development and UX design services are provided. | |
| hancom.com | 1990 | Seongnam-si, South Korea | – | – | Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | |
| akqa.com | 1994 | Riyadh, Saudi Arabia | $8.74M | 648 | Integrated digital marketing campaigns are developed and executed across channels. | |
| guidde.com | 2020 | Belmont, United States | $30.6M | – | Cloud-based video tools for knowledge sharing and management are provided. | |
| waracle.com | 2007 | Dundee, United Kingdom | $6.32M | 42 | Mobile apps and IoT solutions are developed across platforms. | |
| freschesolutions.com | 1976 | Montreal, Canada | $16M | – | IT services for application modernization and development are offered. | |
| sierraatlantic.com | 1993 | Newark, United States | $17.4M | 139 | Offshore enterprise application development and IT consulting services are provided. | |
| qxglobalgroup.com | 2003 | Skipton, United Kingdom | $127.98M | 1,738 | Digital transformation and business process management services are provided. | |
| glowtouch.com | 2002 | Louisville, United States | – | 2,269 | Technology services are provided to mid-sized businesses across multiple regions. |
Detailed competitors of Parasol
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Parasol
The website of Parasol (getparasol.com) receives about 2K visits a month.
- Monthly visits2K
▲ 22.3% vs previous month
Latest news on Parasol
Complete news archive for Parasol
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Parasol
10 companies that operate in the same segment as Parasol (IT Services & Operations), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 1,240 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | – | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Converged data management solutions are provided for backup and recovery. | 2014 | Palo Alto, California, United States | USD 553 M | USD 1.32 B | 3,200 | |
IT backup and recovery solutions are provided via cloud platform. | 2006 | Columbus, Ohio, United States | USD 1.04 B | – | – | |
IT outsourcing services are delivered across multiple business lines. | 2011 | Bengaluru, Karnataka, India | USD 64.83 M | USD 246.74 M | 5,260 | |
Analytics and digital solutions for healthcare and banking are provided. | 1999 | New York, New York, United States | USD 10 M | USD 2.09 B | 59,500 |
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Frequently Asked Questions about Parasol
Parasol was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Parasol is headquartered in Richmond, United States. It is registered at Richmond, Virginia, United States.
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.
Parasol's top competitors include Hedgehog lab, AlmavivA and AKQA.
Parasol offers Parasol Remote Support.
Parasol has 2 investors. Key investors include Snap One, and SnapAV.
Yes. Parasol was acquired by Snap One in October 2022.