About Parfait
Parfait is a company based in New York (United States) founded in 2021.. Parfait has raised $5 million across 1 funding round from investors including Upfront Ventures, Serena and Ulu Ventures. Parfait offers products and services including Custom Wigs, Hair Extensions, Ponytails, and Bundles. Parfait operates in a competitive market with competitors including Mayvenn, Rebundle, PRETTYPARTY, Glam Seamless and The Hair Shop, among others.
- Headquarter New York, United States
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Sectors
ConsumerHealthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Parfait Holdings, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Seed
Apr 11, 2022
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Investors
Upfront Ventures
& 9 more
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Employee Count
Employee Count
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Products & Services of Parfait
Parfait offers a comprehensive portfolio of products and services, including Custom Wigs, Hair Extensions, Ponytails, and Bundles. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-assisted wigs for user-customized length and style options.
Products to add volume and length for easy styling changes.
Clip-in options for quick, natural-looking hair additions.
Pre-packaged sets for versatile hair styling needs.
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Funding Insights of Parfait
Parfait has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Seed round of $5 million completed in April 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 Funding
- Total Rounds 1
- Last Round Seed — $5.0M
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First Round
First Round
(11 Apr 2022)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2022 | Amount | Seed - Parfait | Valuation | Upfront Ventures , Serena |
| 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 Parfait
Parfait has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Upfront Ventures, Serena and Ulu Ventures. 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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Venture capital funding is provided to early-stage companies.
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Founded Year | Domain | Location | |
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Serena is engaged in venture capital investments for tech startups.
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Founded Year | Domain | Location | |
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Seed-stage funding is provided to innovative founder teams.
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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 Parfait
| 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 - Parfait
| 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 |
Parfait Comparisons
Competitors of Parfait
Parfait 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 Mayvenn, Rebundle, PRETTYPARTY, Glam Seamless and The Hair Shop, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Virgin human hair extensions are offered online by Mayvenn.
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| domain | founded_year | HQ Location |
Plant-based braiding hair is provided by an internet-first brand.
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| domain | founded_year | HQ Location |
A direct-to-consumer brand offering high-quality hair extensions.
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| domain | founded_year | HQ Location |
Hair extensions are provided by an internet-first brand.
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| domain | founded_year | HQ Location |
Sells hair extensions, wigs, accessories, and offers educational classes for stylists.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Parfait
When was Parfait founded?
Parfait was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Parfait located?
Parfait is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Parfait a funded company?
Parfait is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Seed of $5M, raised on Apr 11, 2022.
What does Parfait do?
Parfait was founded in 2021 and is headquartered in New York, United States. As an internet-first brand in the beauty sector, customized wigs are offered through its platform, myparfait.com. Options include various colors, styles, lengths, textures, and wig types. Personalized recommendations are generated using AI technology when users upload images. Additional customization features allow selections for hair color, texture, length, hairstyle, and more.
Who are the top competitors of Parfait?
Parfait's top competitors include Mayvenn, Rebundle and Glam Seamless.
What products or services does Parfait offer?
Parfait offers Custom Wigs, Hair Extensions, Ponytails, and Bundles.
Who are Parfait's investors?
Parfait has 10 investors. Key investors include Upfront Ventures, Serena, Ulu Ventures, Unshackled Ventures, and Contrary.