About Parley
Parley is a company based in San Francisco (United States) founded in 2024 by Philip Smart, Ian Edwards, and Jackson Perry. It operates as a AI-as-a-Service. Parley has raised $125 thousand across 1 funding round from investors including Y Combinator. Parley offers products and services including Parley AI Platform. Parley operates in a competitive market with competitors including Legalpad, SimpleCitizen, Casehopper, Laos eVisa and AsisVisa, among others.
- Headquarter San Francisco, United States
- Founders Philip Smart, Ian Edwards, Jackson Perry
-
Sectors
Professional & Legal Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Parley Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$125 K (USD)
in 1 rounds
-
Latest Funding Round
$125 K (USD), Seed
Jul 01, 2024
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Parley
Parley offers a comprehensive portfolio of products and services, including Parley AI Platform. 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 tool for immigration case drafting efficiency.
Funding Insights of Parley
Parley has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Seed round of $125 thousand completed in July 2024. 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 — $125,000
-
First Round
First Round
(01 Jul 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Parley | Valuation | Y Combinator |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Parley
Parley has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Y Combinator. 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 |
|---|---|---|---|---|
|
Early-stage startups are accelerated via funding and educational programs.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Parley
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Parley
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Parley Comparisons
Competitors of Parley
Parley 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 Legalpad, SimpleCitizen, Casehopper, Laos eVisa and AsisVisa, 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 |
Immigration processes and documents are managed via Legalpad's system.
|
|
| domain | founded_year | HQ Location |
Digital solutions for immigration and visa applications are offered.
|
|
| domain | founded_year | HQ Location |
AI drafting tool for immigration documents is utilized by attorneys.
|
|
| domain | founded_year | HQ Location |
Provides secure online platform for electronic visa applications to Laos efficiently.
|
|
| domain | founded_year | HQ Location |
Platform offering immigration form development solution
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Parley
When was Parley founded?
Parley was founded in 2024.
Where is Parley located?
Parley is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Parley?
Philip Smart is the current CEO of Parley. They have also founded this company.
Is Parley a funded company?
Parley is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Seed of $125K, raised on Jul 01, 2024.
What does Parley do?
Parley is engaged in providing AI-driven tools for immigration professionals. The platform is designed to enhance efficiency in research, drafting, and organization of visa applications. Solutions are tailored for various visa types including O-1, EB-1, EB-2, and E visas. The technology sector, specifically legal tech, is the primary focus, with integrations for document management and customization to firm branding. Security and compliance with standards like SOC2 Type 2 and GDPR are maintained.
Who are the top competitors of Parley?
Parley's top competitors include Legalpad, SimpleCitizen and Casehopper.
What products or services does Parley offer?
Parley offers Parley AI Platform.
Who are Parley's investors?
Parley has 1 investor. Key investors include Y Combinator.