Parcl

New York, United States Founded: 2022 • Age: 4 yrs
Blockchain-based platform for real estate price exposure is offered.
Annual revenue - Latest available
Total funding $11.6M 2 rounds
Employees - Tracked headcount
Investors 16 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Parcl

Parcl is a company based in New York (United States) founded in 2022 by Kellan Grenier, Stephen Robinson, and Jason Lewris. Parcl has raised $11.6 million across 2 funding rounds from investors including Coinbase, Tribe Capital and Fifth Wall. Parcl offers products and services including City Indexes and Trading Platform. Parcl operates in a competitive market with competitors including Propy, Upland, Saga, SuperWorld and Groma, among others.

  • Headquarter New York, United States
  • Founders Kellan Grenier, Stephen Robinson, Jason Lewris
  • Sectors
    Financial Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Parcl Digital Ltd
Operational Areas
Financial Services → FinTech & Digital Finance
Technology → Marketing, Adtech & Commerce Technology
Technology → Extended, Virtual & Augmented Reality
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.6 M (USD)

    in 2 rounds

  • Latest Funding Round
    $7.5 M (USD), Series A

    May 17, 2022

  • Investors
    Coinbase

    & 15 more

  • Employee Count
    Employee Count
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Products & Services of Parcl

Parcl offers a comprehensive portfolio of products and services, including City Indexes and Trading Platform.

Primary

Indexes for trading real estate price movements globally

Platform enabling real estate speculation with low fees

People of Parcl

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
David Neal
Talent Acquisition and Experience Lead
People
Jason Lewris
Co-Founder + CDO
People
David Josephs
Head of Blockchain
People
Kellan Grenier
Co-Founder & COO

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Funding Insights of Parcl

Parcl has successfully raised a total of $11.6M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in May 2022. 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 Rounds 2
  • Last Round Series A — $7.5M
  • First Round

    (01 Mar 2022)

  • Investors Count 16
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Series A - Parcl Valuation Fifth Wall , IA Ventures
Mar, 2022 Amount Seed - Parcl Valuation Archetype

Investors in Parcl

Parcl has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, Tribe Capital and Fifth Wall.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are made in early-stage tech startups by Fifth Wall.
Founded Year Domain Location
Support is provided to individuals building remarkable companies.
Founded Year Domain Location
Seed and early-stage venture capital firm focusing on investments in technology and fintech companies
Founded Year Domain Location

Investments & Acquisitions by Parcl

Investments

Financial Statements - Parcl

Parcl Comparisons

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Competitors of Parcl

Parcl 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 Propy, Upland, Saga, SuperWorld and Groma, among others.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Real estate transactions are managed through SaaS and blockchain tools.
domain founded_year HQ Location
A virtual property game is developed on the EOS blockchain.
domain founded_year HQ Location
Saga is recognized for enabling scalable Layer-1 blockchain creation.
domain founded_year HQ Location
Virtual real estate and digital assets investment platform
domain founded_year HQ Location
Blockchain-based platform for virtual real estate investments is provided.

Latest news on Parcl

Frequently Asked Questions about Parcl

Parcl was founded in 2022.

Parcl is headquartered in New York, United States. It is registered at New York, New York, United States.

Parcl is a funded company, having raised a total of $11.6M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4.1M, raised on Mar 01, 2022.

Parcl was founded in 2022 in New York, United States, as a provider of a blockchain-based platform focused on real estate investments. Price behavior of the real estate market is mimicked through digital representations of property values from various cities and neighborhoods. Users are given access to price exposure without direct ownership. Operations center on creating tokenized assets that track urban real estate trends across multiple geographies.

Parcl's top competitors include Propy, Upland and Saga.

Parcl offers City Indexes and Trading Platform.

Parcl has 16 investors. Key investors include Coinbase, Tribe Capital, Fifth Wall, FJ Labs, and Shima Capital.

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