About Parative
Parative is a company based in Boston (United States) founded in 2003 by Keith Frankel, Jonah Stuart, and Jason Zopf was acquired by Totango in October 2024.. Parative has raised $10.38 million across 5 funding rounds from investors including Totango, Arch Grants and Core. The company has 14 employees as of December 31, 2022. Parative operates in a competitive market with competitors including SurveyMonkey, User Testing, Qualtrics, Suzy and dscout, among others.
- Headquarter Boston, United States
- Employees 14 as on 31 Dec, 2022
- Founders Keith Frankel, Jonah Stuart, Jason Zopf
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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Annual Revenue
$105.23 K0as on Dec 31, 2018
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Net Profit
$6.04 K0as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$10.38 M (USD)
in 5 rounds
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Latest Funding Round
$5.88 M (USD), Series A
Jul 23, 2021
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Investors
Totango
& 2 more
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Employee Count
14
as on Dec 31, 2022
- Acquired by
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Funding Insights of Parative
Parative has successfully raised a total of $10.38M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $5.88 million completed in July 2021. 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 5
- Last Round Series A — $5.9M
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First Round
First Round
(01 Jun 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Parative | Valuation |
investors |
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| Aug, 2019 | Amount | Seed - Parative | Valuation |
investors |
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| Aug, 2019 | Amount | Seed - Parative | 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 Parative
Parative has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Totango, Arch Grants and Core. 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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A 12-month accelerator program is offered to tech startups.
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Founded Year | Domain | Location | |
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Managed services are provided by Core in the United Kingdom.
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Founded Year | Domain | Location | |
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Customer journeys and success are managed via specialized software tools.
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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 Parative
| 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 - Parative
| 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 |
Parative Comparisons
Competitors of Parative
Parative 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 SurveyMonkey, User Testing, Qualtrics, Suzy and dscout, 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 |
A cloud-based platform is utilized for creating customizable surveys.
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| domain | founded_year | HQ Location |
Automated usability testing and feedback for mobile experiences is provided.
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| domain | founded_year | HQ Location |
Surveys are created and feedback is collected through the platform.
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| domain | founded_year | HQ Location |
Customer targeting and feedback management platform is utilized for insights.
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| domain | founded_year | HQ Location |
User feedback is gathered via cloud-based web and mobile platforms.
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| domain | founded_year | HQ Location |
AI-based customer experience analytics and visualization are offered.
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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 Parative
When was Parative founded?
Parative was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Where is Parative located?
Parative is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Parative?
Keith Frankel is the current CEO of Parative. They have also founded this company.
Is Parative a funded company?
Parative is a funded company, having raised a total of $10.38M across 5 funding rounds to date. The company's 1st funding round was a Seed of $2.25M, raised on Jun 01, 2018.
How many employees does Parative have?
As of Dec 31, 2022, the latest employee count at Parative is 14.
What is the annual revenue of Parative?
Annual revenue of Parative is $105.23K as on Dec 31, 2018.
What does Parative do?
Parative was established in 2003 in Boston, United States, within the IT services sector. Migration of IT infrastructure is handled, encompassing shifts from on-premise environments to cloud platforms or between clouds. Assistance is extended for Microsoft technologies, including Office 365, SharePoint, and System Center. Additional offerings involve Windows Azure deployment and Unified Communications support. Operations focus on these technical transitions and maintenance.
Who are the top competitors of Parative?
Parative's top competitors include User Testing, SurveyMonkey and Qualtrics.
Who are Parative's investors?
Parative has 3 investors. Key investors include Totango, Arch Grants, and Core.
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