Parsyl

Denver, United States Founded: 2016 • Age: 10 yrs
Real-time cargo tracking and monitoring solutions are developed.
Annual revenue - Latest available
Total funding $67.1M 5 rounds
Employees 13 Tracked headcount
Investors 9 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Parsyl

Parsyl is a company based in Denver (United States) founded in 2016 by Alex Haar, Mike Linton, and Ben Hubbard. Parsyl has raised $67.14 million across 5 funding rounds from investors including Luna Innovations, Ascot and GL Prop. The company has 13 employees as of December 31, 2022. Parsyl offers products and services including Cargo Insurance, Data Partner Program, and Lineage. Parsyl operates in a competitive market with competitors including FourKites, TrusTrace, Blume Global, Shippeo and Tive, among others.

  • Headquarter Denver, United States
  • Employees 13 as on 31 Dec, 2022
  • Founders Alex Haar, Mike Linton, Ben Hubbard
  • Sectors
    Transportation, Automotive & Logistics
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Parsyl
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $67.14 M (USD)

    in 5 rounds

  • Latest Funding Round
    $20.65 M (USD), Series C

    Dec 20, 2024

  • Investors
  • Employee Count
    13

    as on Dec 31, 2022

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Products & Services of Parsyl

Parsyl offers a comprehensive portfolio of products and services, including Cargo Insurance, Data Partner Program, and Lineage.

Product name locked
Category locked
Primary

Delivers data-powered coverage for cargo risks in various sectors.

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Facilitates collaborations with data providers for risk assessment.

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Supports tracking and management of supply chain operations.

People of Parsyl

Headcount 50-200
Employee Profiles 23
Employee Profiles
People
Connor McKim
Senior Manager of Business Development
People
Alex Haar
Chief Product Officer & Co-Founder
People
Mike Linton
CTO & Co-Founder
People
Carolyn Frieband
Chief Operating Officer

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Funding Insights of Parsyl

Parsyl has successfully raised a total of $67.14M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $20.65 million completed in December 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.

Investors in Parsyl

Parsyl has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Luna Innovations, Ascot and GL Prop.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Growth-stage technology sectors are targeted for venture capital investments.
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HSCM Ventures is focused on venture investments in insurance technology.
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Investor details for Parsyl

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Investments & Acquisitions by Parsyl

Investments
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Investment portfolio details for Parsyl

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Financial Statements - Parsyl

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Detailed financials for Parsyl

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  • Profit trends
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Parsyl Comparisons

Parsyl Primary company
Description
Real-time cargo tracking and monitoring solutions are develo...
Location
Denver, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
13
As of 2022
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Peer comparison for Parsyl

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Competitors of Parsyl

Parsyl 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 FourKites, TrusTrace, Blume Global, Shippeo and Tive, among others.

Company Name Domain Founded year HQ Location Description
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AI and web-based visibility solutions for supply chains are developed.
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Blockchain-based traceability and sustainability solutions for the fashion industry
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Cloud-based supply chain visibility solutions are provided for logistics stakeholders.
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SaaS-based road freight transportation management platform for carriers and shippers
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Provider of cloud-based cargo tracking solutions
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AI-enabled solutions for shipment monitoring and tracking are provided.
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Detailed competitors of Parsyl

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Latest news on Parsyl

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Complete news archive for Parsyl

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Frequently Asked Questions about Parsyl

Parsyl was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Parsyl is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Ben Hubbard is the current CEO of Parsyl. They have also founded this company.

Parsyl is a funded company, having raised a total of $67.14M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Parsyl is 13.

Parsyl was founded in 2016 and is headquartered in Denver, United States. Operations focus on the logistics sector, where integrated hardware and software solutions are provided for shipment management. Real-time tracking of cargo is enabled, along with monitoring of environmental parameters including temperature, humidity, pressure, and light exposure. These tools support supply chain visibility for various industries.

Parsyl's top competitors include FourKites, TrusTrace and Blume Global.

Parsyl offers Cargo Insurance, Data Partner Program, and Lineage.

Parsyl has 9 investors. Key investors include Luna Innovations, Ascot, GL Prop, The Lightsmith Group, and GLP Capital Partners.

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