Valuation
$16.2M
2025 Revenue
$5.4M(Est.)
Funding
$0
Team
49
Founded
2020
Parspec Revenue & Valuation (2025)
Parspec is a technology company serving sales agents and distributors in the construction industry, starting with lighting and electrical products. Our mission is to enable our customers to discover and source the best available products and materials for their unique project requirements.
Founded in 2021 and headquartered in San Mateo, California, Parspec’s AI-powered platform supports product selection, quoting, and submittal workflows. The company is backed by leading deep tech and construction technology venture investors.
Last updated
Parspec Revenue
In 2025, Parspec's revenue reached $5.4M. The company previously reported $7.9M in 2025. Since its launch in 2020, Parspec has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Parspec Hit $5.4m revenue in September 2025 | Estimated |
| 2025 | Parspec Hit $7.9m revenue in September 2025 | |
| 2020 | Launched with $0 revenue |
Parspec Valuation, Funding Rounds
Parspec's most recent disclosed valuation is $16.2M.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Parspec yet.
Parspec Employees & Team Size
Parspec employs approximately 49 people as of 2026.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 49 employees (September 2025) | |
| 2025 | Reached 88 employees (September 2025) |
Frequently Asked Questions about Parspec
What is Parspec's revenue?
Parspec generates an estimated $5.4M in annual revenue.
Who is the CEO of Parspec?
The CEO of Parspec is Charles Nibley.
How much funding does Parspec have?
Parspec raised $0.
How many employees does Parspec have?
Parspec has 49 employees.
Where is Parspec headquarters?
Parspec is headquartered in San Francisco Bay Area, California, United States.
Compare Parspec to the industry
Parspec operates across multiple industries. Browse revenue, funding, and growth data for Parspec 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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