Amount Raised
$24 Million
Round Type
Series B
San FranciscoSoftwareEnterprise SoftwareAnalyticsSaaSInvestors
Description
Parabola, a collaborative data tool enabling non-technical teams to automate solutions for manual, spreadsheet-based processes, today announces a $24 million Series B funding round led by OpenView, with participation from existing investors Matrix and Thrive Capital. Additional new investors include Flexport, Webflow, and the founders of Harry's, Warby Parker, and Allbirds. With this funding, Parabola will expand its product capabilities and grow its team in pursuit of empowering everyone to leverage automation and AI in their daily work, regardless of their technical capabilities.
Quick answer
Parabola raised $24 Million in a Series B round, dated June 28, 2023. Investors: Webflow, Flexport, Thrive Capital, Matrix and Open View. Parabola is based in San Francisco, California, United States.
- How much did Parabola raise?
- Parabola raised $24 Million in a Series B round on June 28, 2023.
- Who invested in Parabola?
- Webflow, Flexport, Thrive Capital, Matrix and Open View are named as investors in this round.
- What does Parabola do?
- Parabola is transforming the way companies operate by empowering non-technical teams to automate complex data processes with ease.
- Where is Parabola based and how big is it?
- Parabola is based in San Francisco, California, United States.
- Who are the decision-makers at Parabola?
- Fundz holds 1 contact at Parabola. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Enterprise Software and Analytics around the same time
Companies in the same sectors as Parabola that raised within 45 days of this round, from Fundz verified event records.
- Tracer Labs raised $18M (Series A) on August 10, 2023.
- Orbee raised $10M on August 4, 2023.
- HumanFirst raised $5M (Funding Round) on July 26, 2023.
- Hammerspace raised $57M (Funding Round) on July 18, 2023.
- Tamr raised an undisclosed amount on July 12, 2023.
- Coalesce raised $150K on July 10, 2023.
Who to call at Parabola, and when
A new round usually means Parabola is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Parabola raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Parabola, from your own LinkedIn network
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Funding Insights
What this usually meansParabola raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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