About Pearachute
Pearachute was an Education company based in Chicago (United States) founded in 2016 by Desiree Vargas Wrigley. It serves as a subscription service for kids activities. It operates on a B2C model. Pearachute has raised $4.39 million across 4 funding rounds from investors including Bulldog Innovation Group, Chicago Ventures and Hyde Park Venture Partners. Its chief executive is Desiree Vargas Wrigley. The company is recorded as dissolved. Its focus areas include Services, Subscription, Kids Activities and Educational Services. Its competitors include KidPass, Sawyer, Tinkergarten, Red Tricycle and KidzToPros and 4 more; 8 of its 9 listed competitors have raised funding.
Company details
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- Headquarters Chicago, United States
- Founders Desiree Vargas Wrigley
- SectorsEducation
- Website pearachutekids.com
- Social X Facebook
- Annual Revenue$1.67 M (USD)0as on Dec 31, 2019
- Total Equity Funding$4.39M (USD)
in 4 rounds
- Latest Funding Round$1.2M (USD), Seed
Mar 2019
- InvestorsBulldog Innovation Group
& 6 more
Funding Insights of Pearachute
Pearachute has successfully raised a total of $4.39M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.2 million completed in March 2019. 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 $4.39M
- Total Rounds 4
- Last Round Seed — $1.2M
- First Round $1.2M
(Feb 2016)
- Investors Count 7
All 4 funding rounds of Pearachute 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 |
|---|---|---|---|---|---|
| Mar 2019 | $1.2M | Seed | – | – | – |
| Sep 2018 | $1.39M | Seed | – | – | – |
| Mar 2017 | $600,000 | Seed | – | Bulldog Innovation Group | – |
| Feb 2016 | $1.2M | Seed | – | Chicago Ventures, Hyde Park Venture Partners |
7 investors in total: 3 institutional and 4 angel.
Investors in Pearachute
Pearachute has secured backing from 7 investors, including venture fund and angel investors. Prominent investors backing the company include Bulldog Innovation Group, Chicago Ventures and Hyde Park Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
A venture capital firm focused on Yale alumni-led startups. | 2015 | bulldog.vc | - | |
VC firm investing in seed stage tech companies in the US | – | chicagoventures.com | Chicago, United States | |
Early-stage venture capital is invested in Midwest technology startups. | – | hydeparkvp.com | Chicago, United States | |
SY Sam Yagan | American entrepreneur, angel investor, co-founder of OkCupid, active in Indian startups | – | unknown_08ffe51d45cb484ba | - |
DC David Cohen | Founder of Techstars, angel investor, supports Indian startups | – | unknown_098987f35e2f45fe9 | - |
SS Sam Shank | Angel investor, co-founder of HotelTonight, active in Indian startup ecosystem | – | unknown_28209c96711f4943b | - |
GT Genevieve Thiers | Angel investor, opera singer, and entrepreneur focused on tech startups. | – | unknown_e983bc6abd5a463b9 | - |
Investor details for Pearachute
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Pearachute
2 people are tracked at Pearachute (1 in leadership, 1 in team).
| Name | Role | Group |
|---|---|---|
Desiree Vargas Wrigley | Founder, CEO | Leadership |
Steven Lee | Investor | Team |
Complete people profiles for Pearachute
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Pearachute
3 dated milestones of Pearachute across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Pearachute is founded.
- Funding First funding round of $1.2M.
- Funding Latest funding round, Seed, of $1.2M.
Competitors of Pearachute
Pearachute has 9 listed competitors in our database, 8 of them funded. They include KidPass, Sawyer, Tinkergarten, Red Tricycle and KidzToPros, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| kidpass.com | 2015 | New York, United States | $7.85M | – | Subscription access to children's activities is provided monthly. | |
| hisawyer.com | 2015 | Brooklyn, United States | $18.5M | – | Kids' classes are accessed by parents via neighborhood subscription plans. | |
| tinkergarten.com | 2014 | Northampton, United States | $28.62M | – | Children's education through outdoor activities | |
| redtri.com | 2006 | Sausalito, United States | $4.64M | 15 | Localized content for parents is delivered via multiple digital channels. | |
| kidztopros.com | 2016 | Fremont, United States | $11.32M | 1 | Marketplace platform for after-school enrichment programs and summer camps | |
| happyly.com | 2019 | San Diego, United States | $615,000 | – | Kids-friendly places and activities are discovered via an online platform. | |
| getgalore.com | 2014 | San Francisco, United States | $1.65M | – | Online marketplace for finding activities and classes for kids | |
| spotivity.com | 2018 | Chicago, United States | $1M | – | After-school activities discovery platform is provided for students. | |
| idtech.com | 1999 | Campbell, United States | – | – | K-12 schools focused on technology education are operated nationwide. |
Detailed competitors of Pearachute
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Top companies in Educational Content & Publishing
10 companies that operate in the same segment as Pearachute (Educational Content & Publishing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Educational materials and adaptive learning tools are provided for students. | 1888 | New York, New York, United States | USD 157.7 M | USD 2.1 B | 4,200 | |
Consumer goods are wholesaled by Scholastic across various markets. | 1997 | New York, New York, United States | – | USD 1.58 B | 7,090 | |
Interactive games and books for kids and schools. | 1832 | Boston, Massachusetts, United States | USD 5 M | – | – | |
Provider of evidence-based learning products and solutions for learners and educators | 1836 | London, England, United Kingdom | – | USD 4.57 B | 4 | |
Information solutions for science, health, and technology professionals are provided. | 1880 | Amsterdam, Netherlands | USD 75 K | USD 148.89 K | – | |
Educational content and stationery products are published and manufactured. | 1959 | Mumbai, Maharashtra, India | – | USD 183.43 M | 3,332 | |
Academic books and content are published for education sectors. | 1939 | Delhi, Delhi, India | USD 65 M | USD 77.34 M | 653 | |
Provider of education print publishing services | 1939 | Delhi, Delhi, India | – | USD 85.16 M | 1,900 | |
Content and digital solutions for education and research are provided. | 1807 | Hoboken, New Jersey, United States | – | USD 1.68 B | 5,200 | |
Provider of digital learning tools and classroom solutions | 1946 | New York, New York, United States | – | – | – |
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Frequently Asked Questions about Pearachute
Pearachute was founded in 2016.
Pearachute is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Desiree Vargas Wrigley is the current CEO of Pearachute. They have also founded this company.
Pearachute is a funded company, having raised a total of $4.39M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Feb 2016.
Annual revenue of Pearachute is $1.67M as on Dec 31, 2019.
The channel focuses on providing information about casino sites that offer deneme bonuses, allowing users to access 2025s special promotions and betting opportunities through Telegram, though specific activities and locations are not detailed.
Pearachute's top competitors include KidPass, Sawyer and Tinkergarten.
Pearachute has 7 investors. Key investors include Bulldog Innovation Group, Chicago Ventures, Hyde Park Venture Partners, Sam Yagan, and David Cohen.