Parasut logo
Founded 2013

Parasut

2021 Revenue

$4.7M

YOY

Funding

$3.9M

How Parasut hit $4.7M in Revenue.

About Parasut

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.

Monthly Revenue

$395.1K

Total Expenses

$395.1K

=
Net Income

$0.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

IstanbulSanyerTurkey
$Funding$Revenue

Parasut Revenue

In 2021, Parasut revenue run rate hit $4.7M in revenue.

$4.7M

Parasut Valuation and Funding History

Parasut has raised a total of $3.9M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
11/24/2016$2.0M
04/15/2015$1.9M

Customers

Parasut has 0 customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Parasut has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Parasut has 97 employees. They have 7 sales reps that carry a quota They have an engineering team of 3. and a marketing team of 1.

2021
DistributionQty

Total Team Size

97

Engineers

3 (3%)

Sales

7 (7%)

Marketing

1 (1%)

CEO/Founder

Sean Yu

Co Founder and CEO since January 2013 to present.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Parasut

When was Parasut founded?

Parasut was founded in 2013.


Who is the CEO of Parasut?

The CEO of Parasut is Sean Yu


How many employees does Parasut have?

Parasut has 97 employees.

How much revenue does Parasut generate?

Parasut generates $4.7M in revenue.


How much funding does Parasut have?

Parasut has raised $3.9M.


Where is Parasut headquarters?

Parasut is headquartered at IstanbulSanyerTurkey

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