Fundz

Parker raised $20M in Series B funding led by Valar Ventures to consolidate its market presence in the e-commerce financial sector.

PRIVATENov 09, 2024

Amount Raised

$20 Million

Round Type

Series B

New YorkFinancial ServicesSoftware

Investors

Y CombinatorValar Ventures

Description

Parker, a provider of an e-commerce financial platform, secured $20M in Series B funding. The investment, led by Valar Ventures, aims to strengthen the company's market position.

Quick answer

Parker raised $20 Million in a Series B round, dated November 9, 2024. Investors: Y Combinator and Valar Ventures. Parker is based in New York, New York, United States.

How much did Parker raise?
Parker raised $20 Million in a Series B round on November 9, 2024.
Who invested in Parker?
Y Combinator and Valar Ventures are named as investors in this round.
What does Parker do?
Parker is a financial platform for eCommerce businesses.
Where is Parker based and how big is it?
Parker is based in New York, New York, United States.
Who are the decision-makers at Parker?
Fundz holds 1 contact at Parker. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

Companies in the same sectors as Parker that raised within 45 days of this round, from Fundz verified event records.

  • Double raised $3.9M (Seed) on December 19, 2024.
  • Bureau raised $30M (Series B) on December 18, 2024.
  • Parafin raised $100M (Series C) on December 17, 2024.
  • Crusoe raised $600 (Series D) on December 16, 2024.
  • FinCrime Dynamics raised an undisclosed amount (Seed) on December 16, 2024.
  • InvoiceQ raised $1.2M (Pre-Series A) on December 16, 2024.

Who to call at Parker, and when

A new round usually means Parker is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Parker raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Parker, from your own LinkedIn network

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Company Information

Company

Parker

Location

New York, New York, United States

About

Parker is a financial platform for eCommerce businesses. The solution offers capital based on merchants’ revenue and cash balance, meaning their financing grows with their business—scaling as they scale, with limits as high as $10m. This allows eCommerce founders to pay for inventory and other business expenses with up to 90 days to pay on every purchase, giving them the liquidity they need to expand without worrying about credit limits.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Parker raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.