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Parakeyrevenue & funding

IoT PlatformsGothenburg, SwedenFounded 2014CEO Eric Franklin

Parakey is an IoT Platforms company based in Gothenburg, founded in 2014.

parakey.coLinkedInUpdated Oct 17, 2024
Annual revenue
$3.2M
Oct 2024EST.
Total raised
$1.8M
3 rounds
Employees
28
Oct 2024
Customers
175K

Parakey revenue

Parakey has not published its revenue. GetLatka estimates it at about $3.2M a year (October 2024).

$0
$1M
$2M
$3M
$740K
$1.5M
$2M
$2.5M
$3.2M
20202021202220232024
ReportedEstimateOne figure per year; a reported figure wins over an estimate
All 6 revenue readings, with sources
As ofRevenueSource
Dec 2020$740K–
Apr 2021$1.4M–
Nov 2021$1.5M–
Nov 2022$2M–
Nov 2023$2.5MEST.GetLatka estimate
Oct 2024$3.2MEST.GetLatka estimate

– source not recorded

Parakey funding rounds & investors

Parakey has raised $1.8M across three rounds since 2016. The latest was a $1.1M funding round in December 2018.

DateRoundRaised
Dec 2018Funding round$1.1M
Dec 2017Funding round$360.5K
Feb 2016Funding round$360.5K
Total raised$1.8M

Parakey CEO, founders & employees

Eric Franklin founded Parakey in 2014 and runs it as CEO. Parakey had 28 employees (October 2024, LinkedIn), down from 31 a year earlier.

0
10
20
30
16
18
25
31
28
20202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 6 headcount readings, with sources
As ofEmployeesSource
Oct 202428LinkedIn
Nov 202331–
Nov 202225–
Nov 202118–
Apr 202118–
Nov 202016–

Parakey FAQ

What is Parakey's revenue?

GetLatka estimates Parakey's revenue at about $3.2M a year (October 2024). The company hasn't published its own figure.

How much funding has Parakey raised?

Parakey has raised $1.8M across three funding rounds. The latest was a $1.1M funding round in December 2018.

How many employees does Parakey have?

Parakey had 28 employees in October 2024, according to LinkedIn.

Who is the CEO of Parakey?

Eric Franklin is the CEO of Parakey and founded the company in 2014.

Who founded Parakey?

Eric Franklin founded Parakey in 2014.

How this page is sourced

1 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.

Updated Oct 17, 2024Data disclaimerReport a correctionClaim this profileRun Parakey? Join the podcast