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Parasut

Istanbul, Sanyer, Turkey

2021 Revenue

$4.7M

Customers

700K

Funding

$3.9M

Avg ACV

$7

Team

97

Founded

2013

Parasut Revenue & Funding (2021)

Parasut generated $4.7M in revenue 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.

Parasut Revenue GrowthReported revenue / ARR over time$0$1M$2M$3M$4M$5M201320142015201620172018201920202021$0$4.7MSource: GetLatka.com
YearMilestoneSource
2021Parasut Hit $4.7m revenue in April 2021Not recorded
2013Launched with $0 revenue

Parasut Valuation, Funding Rounds

Parasut has not publicly disclosed its valuation. The company has raised $3.9M in total funding to date.

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$0$0.2$1M$0.4$2M$0.6$3M$0.8$4M$1$5M2013201420152016Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2016Funding round$2M--Not recorded
2015Funding round$1.9M--Not recorded

Founder / CEO

Sean Yu

CEO

Co Founder and CEO since January 2013 to present.

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
YearMilestoneSource
2021Reached 97 employees (April 2021)Not recorded

Frequently Asked Questions about Parasut

Is Parasut still an independent company?

No. Parasut was acquired by DST Teknoloji.

What is Parasut's revenue?

As of 2021, Parasut generated $4.7M in revenue.

Who founded Parasut?

Parasut was founded by Sean Yu.

How much funding does Parasut have?

Parasut raised $3.9M across 2 rounds.

How many employees does Parasut have?

As of 2021, Parasut had 97 employees.

Where is Parasut headquartered?

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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