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Istanbul, Sanyer, Turkey
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
In 2021, Parasut's revenue reached $4.7M. Since its launch in 2013, Parasut has shown consistent revenue growth.
Parasut reached a $14.2M valuation in 2025, set during its M&A Offer round.
Parasut has raised $3.9M in total funding across 2 rounds, with its most recent round in 2016.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2025 | M&A Offer | - | $14.2M | - | |
| 2016 | Funding round | $2M | - | - | |
| 2015 | Funding round | $1.9M | - | - |
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Parasut serves 700K customers.
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 generates $4.7M in revenue.
Parasut was founded by Sean Yu.
The CEO of Parasut is Sean Yu.
Parasut raised $3.9M across 2 rounds.
Parasut has 97 employees.
Parasut is headquartered in Istanbul, Sanyer, Turkey.
Parasut operates across multiple industries. Browse revenue, funding, and growth data for Parasut in each sector below.
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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Valuation
$14.2M
2021 Revenue
$4.7M
Customers
700K
Funding
$3.9M
Avg ACV
$7
Team
97
Founded
2013
| Year | Milestone | Source |
|---|---|---|
| 2021 | Parasut Hit $4.7m revenue in April 2021 | |
| 2013 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 97 employees (April 2021) |
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