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Parasut revenue is $4.7 million

Parasut team size is 97 employees


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Parasut

- Istanbul, Sanyer, Turkey

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How Parasut hit $4.7M Revenue with 700K customers in 2022.

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.

Founded

2013

Founded

Revenue

$4.7M

2022 Revenue

YOY
-----

YOY

Funding

$3.9M

Funding


Parasut Revenue

In 2022, Parasut revenue run rate hit $4.7M in revenue.

  • 2021

    Parasut hit $4.7M in revenue in 2021

  • 2013

    Parasut launched in 2013 with $0 revenue

$4.7M

Parasut Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2016

    Parasut raised a of $2M

  • 2015

    Parasut raised a of $1.9M

FUNDING DATEROUNDAMOUNTVALUATION
11/24/2016 $2M
04/15/2015 $1.9M

Team

Parasut has 97 total employees and 7 sales reps that carry a quota. They have 700000 customers an engineering team of 3 and a marketing team of 1

2021
DISTRIBUTIONQTY
Total team size
97
Engineer
3(3%)
Sales
7(7%)
Marketing
1(1%)

CEO/Founder

Sean Yu

Co Founder and CEO since January 2013 to present.

Q&A

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Customers

Parasut has 700K customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Parasut has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Parasut

Monthly Revenue

$395.1K

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Parasut Board of Directors

NamePosition

Parasut Executives

NamePosition
Sean Yu CEO

Parasut Employees

NamePosition
Sean Yu CEO

Frequently Asked Questions about Parasut

When was Parasut founded?

Parasut was founded in 2013.

How much revenue does Parasut generate?

Parasut generates $4.7M in revenue.

Who is the CEO of Parasut?

The CEO of Parasut is Sean Yu.

How much funding does Parasut have?

Parasut was raised $3.9M.

How many employees does Parasut have?

Parasut has raised 97 employees.

Where is Parasut headquarters?

Parasut headquater is at Turkey