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Valuation

$14.2M

2021 Revenue

$4.7M

Customers

700K

Funding

$3.9M

Avg ACV

$7

Team

97

Founded

2013

How Parasut CEO Sean Yu grew to $4.7M revenue and 700K customers in 2021.

Developer of a bookkeeping software intended to simplify financial management. The company's cloud-based automatically software tracks, invoice, income expenses, inventory and current account as well as features e-billing and online revenue collection system, enabling SMEs to manage their financial operations more efficiently.

Last updated

Parasut Revenue

In 2021, Parasut's revenue reached $4.7M. Since its launch in 2013, Parasut has shown consistent revenue growth.

Parasut Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M$5M201320142015201620172018201920202021$0$5MSource: GetLatka.com
YearMilestoneQuote
2021Parasut Hit $4.7m revenue in April 2021
2013Launched with $0 revenue

Parasut Valuation, Funding Rounds

Parasut's most recent disclosed valuation is $14.2M.

Parasut has raised $3.9M in total funding across 2 rounds, with its most recent round in 2016.

Parasut Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$1M$2M$3M$4M$5M20132014201520162013 cumulative: $0 • 2013 Founded: $02015 cumulative: $2M • 2013 Founded: $0 • 2015 Funding round: $2M2016 cumulative: $4M • 2013 Founded: $0 • 2015 Funding round: $2M • 2016 Funding round: $2M$4M2013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2016Funding round$2M--
2015Funding round$1.9M--

Founder / CEO

Sean Yu

Co Founder and CEO since January 2013 to present.

Q&A

QuestionAnswer
What's your age?-
Favorite online tool?-
Favorite book?-
Favorite CEO?-
Advice for 20 year old self-

Customers

Parasut serves 700K customers.

Parasut Employees & Team Size

Parasut employs approximately 97 people as of 2026, including 7 sales reps that carry a quota. It serves 700K customers that rely on its solutions.

Parasut Team GrowthReported headcount over time0255075100125201320142015201620172018201920202021009797Source: GetLatka.com
YearMilestone
2021Reached 97 employees (April 2021)

Frequently Asked Questions about Parasut

What is Parasut's revenue?

Parasut generates $4.7M in revenue.

Who founded Parasut?

Parasut was founded by Sean Yu.

Who is the CEO of Parasut?

The CEO of Parasut is Sean Yu.

How much funding does Parasut have?

Parasut raised $3.9M.

How many employees does Parasut have?

Parasut has 97 employees.

Where is Parasut headquarters?

Parasut is headquartered in Istanbul, Sanyer, Turkey.

Compare Parasut to the industry

Parasut operates across multiple industries. Browse revenue, funding, and growth data for Parasut in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Parasut Revenue 2021: $4.7M ARR, $14.2M Valuation