About Paravel
Paravel is a company based in New York (United States) founded in 2016 by Andy Krantz and Indre Rockefeller was acquired by Antler in August 2025. Paravel has raised $3.2 million across 1 funding round from investors including 8VC, Fitz Gate Ventures and Jonathan. Paravel operates in a competitive market with competitors including Away, Bluesmart, eBags, Samsara Luggage and Baboon, among others.
- Headquarter New York, United States
- Founders Andy Krantz, Indre Rockefeller
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RetailTravel & Hospitality
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Funding Insights of Paravel
Paravel has successfully raised a total of $3.2M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.2 million completed in August 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.
Investors in Paravel
Paravel has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include 8VC, Fitz Gate Ventures and Jonathan.
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Investor details for Paravel
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Investments & Acquisitions by Paravel
Investment portfolio details for Paravel
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Financial Statements - Paravel
Detailed financials for Paravel
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Paravel Comparisons
Peer comparison for Paravel
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Competitors of Paravel
Paravel 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 Away, Bluesmart, eBags, Samsara Luggage and Baboon, among others.
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Travel gear solutions including luggage, bags, and accessories are offered.
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Provides smartphone-controlled suitcases.
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Luggage and travel accessories are retailed online by eBags.
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Internet-first brand of aluminium smart suitcase
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Internet-first brand offering bags
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Private label brand of cooler bags
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Detailed competitors of Paravel
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Latest news on Paravel
Complete news archive for Paravel
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Frequently Asked Questions about Paravel
Paravel was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Paravel is headquartered in New York, United States. It is registered at New York, New York, United States.
Andy Krantz is the current CEO of Paravel. They have also founded this company.
Paravel is a funded company, having raised a total of $3.2M across 1 funding round to date.
Paravel was founded in 2016 in New York, United States, as an internet-first brand in the travel accessories sector. Luggage, kits, and accessories are manufactured using linen, canvas, and nylon materials. Bags can be customized with handpainted designs, applique, and monograms. Orders are placed directly through the online platform, serving customers across the United States.
Paravel has 9 investors. Key investors include 8VC, Fitz Gate Ventures, Jonathan, Lizzie Tisch, and Shan Lyn Ma.