About Parcel
Parcel is a company based in United States founded in 2020 by Anubhav Girdhar. Parcel has raised $2.5 million across 1 funding round from investors including DRAGONFLY, Scalar Capital and A.Capital. Parcel operates in a competitive market with competitors including IoTeX, Multis, Coinshift, Octav and xBacked, among others.
- Headquarter Delaware, United States
- Founders Anubhav Girdhar
- SectorsTechnologyFinancial Services
- Website parcel.money
- Social LinkedIn X
- Legal Name Parcel Tech Inc
- Total Equity Funding$2.5M (USD)
in 1 rounds
- Latest Funding Round$2.5M (USD), Seed
Sep 2021
- InvestorsDRAGONFLY
& 8 more
Funding Insights of Parcel
Parcel has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in September 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 $2.5M
- Total Rounds 1
- Last Round Seed — $2.5M
- First Round $2.5M
(Sep 2021)
- Investors Count 9
All 1 funding rounds of Parcel 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 |
|---|---|---|---|---|---|
| Sep 2021 | $2.5M | Seed | – | DRAGONFLY |
9 investors in total: 6 institutional and 3 angel.
Investors in Parcel
Parcel has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include DRAGONFLY, Scalar Capital and A.Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage companies are invested in by A.Capital Ventures. | – | acapital.com | Menlo Park, United States | |
Compound is recognized as a thesis-driven investment firm. | – | compound.vc | New York, United States | |
Investments in blockchain technology startups are made by 6MV. | – | 6thman.ventures | New York, United States | |
Venture capital arm of ConsenSys | – | consensys.vc | San Francisco, United States | |
Venture capital and equity principal services are provided by Dragonfly. | 2018 | dragonfly.xyz | Oakland, United States | |
Crypto-asset investments are managed by a specialized hedge fund. | 2017 | scalar.capital | San Francisco, United States | |
LC Leighton Cusack | Angel investor and entrepreneur, co-founder of Kindred, focused on Indian startups | – | unknown_b3bd793157e24bdc9 | - |
CT Cooper Turley | - | – | unknown_dcc919993ea045eab | - |
RS Ryan Sean Adams | Co-founder of Mythos, angel investor, focused on crypto and blockchain innovation | – | unknown_f6256c9c803f4396b | - |
Investor details for Parcel
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of Parcel
1 people are tracked at Parcel (1 in leadership).
| Name | Role | Group |
|---|---|---|
Anubhav Girdhar | Founder | Leadership |
Complete people profiles for Parcel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
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Verified entity values are shown only after access is granted.
Timeline of Parcel
2 dated milestones of Parcel across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Parcel is founded.
- Funding First funding round of $2.5M.
Competitors of Parcel
Parcel 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 IoTeX, Multis, Coinshift, Octav and xBacked, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| iotex.io | 2017 | Menlo Park, United States | $50M | – | Blockchain-based connectivity for IoT applications is facilitated. | |
| multis.com | 2019 | San Francisco, United States | $9.2M | – | Cryptocurrency treasury management software for businesses | |
| coinshift.xyz | 2021 | Wyoming, United States | $17.5M | – | Crypto treasury management is provided for DAOs and businesses. | |
| octav.fi | 2021 | Montreal, Canada | $2.65M | – | DeFi investment data is analyzed via a user-curated platform. | |
| xbacked.io | 2021 | Greece | $1.5M | – | Distributed autonomous organization building a decentralized stable coin | |
| fipto.com | 2022 | Paris, France | $16.11M | – | Blockchain platform for B2B payments and treasury management is utilized. | |
| meanfi.com | 2021 | Murcia, Spain | $3.5M | – | Defi banking solutions for cryptocurrency | |
| tokenowl.ai | 2023 | New York, United States | $500,000 | – | AI-based cryptocurrency tax reporting platform | |
| enterdao.xyz | 2021 | Sofia, Bulgaria | $1.8M | – | Crypto-based metaverse products are developed by the decentralized organization. |
Detailed competitors of Parcel
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Latest news on Parcel
Complete news archive for Parcel
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
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- Brand-specific news history
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Similar companies to Parcel
10 companies that operate in the same segment as Parcel (Blockchain & Decentralized Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Terraform Labs is engaged in blockchain technology development. | 2018 | Singapore, Singapore | USD 57 M | – | – | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, France | USD 575.4 M | – | – | |
Decentralized exchange platform for cryptocurrency trading is operated. | 2018 | New York, New York, United States | USD 176 M | – | 85 | |
Developer of blockchain and web3 software platform | 2014 | Fort Worth, Texas, United States | USD 725 M | – | – | |
Public blockchain network platform | 2017 | Zug, Zug, Switzerland | USD 542.29 M | – | – | |
Scalable blockchain interoperability protocols are developed for enhanced network security. | 2017 | George Town, Cayman Islands | USD 450.75 M | – | – | |
Blockchain-based PC and mobile games are developed and published. | 2006 | Kowloon, Hong Kong, China | USD 973.19 M | – | – | |
Protocols for blockchain-based solutions are provided by Aptos. | 2021 | Palo Alto, California, United States | USD 350 M | – | – | |
Cloud-based blockchain platform for application development is provided. | 2013 | San Francisco, California, United States | USD 597.81 M | – | – | |
Blockchain-based fantasy sports marketplace is provided for multiple sports. | 2018 | Saint-mande, Val-de-marne, France | USD 738.84 M | – | – |
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Frequently Asked Questions about Parcel
Parcel was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Parcel is headquartered in United States. It is registered at Delaware, United States.
Parcel is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Sep 2021.
Parcel was founded in 2020 and is based in Delaware, United States. Treasury management services for decentralized autonomous organizations are provided, with features encompassing field optimizations, recurring payouts, strategic asset management, and mass payout capabilities. Operations focus on the fintech sector within blockchain ecosystems, supporting efficient financial handling for DAOs across relevant geographies.
Parcel has 9 investors. Key investors include DRAGONFLY, Scalar Capital, A.Capital, Compound, and 6MV.
Parcel operates through Parcel Tech Inc.