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How Parasut CEO Sean Yu grew Parasut 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.

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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 by year$0$1M$2M$3M$4M$5M201320142015201620172018201920202021$0$5MSource: GetLatka.com
YearMilestone
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% Sold
2016Funding round$2M--
2015Funding round$1.9M--

Parasut Employees & Team Size

Parasut employs approximately 97 people as of 2026.

Parasut has 97 total employees in different roles and functions and 7 sales reps that carry a quota. They have 700K customers that rely on the company's solutions.

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

Founder / CEO

Sean Yu

Co Founder and CEO since January 2013 to present.

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Customers

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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.

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Compare Parasut to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .