Parachute
PrivateLast Round
Pre Seed
Feb 15, 2025
Est. Valuation
$8.5M
Total Funding Raised
$1.8M
Company Overview
Parachute operates in Enterprise Software and is based in Sydney. Its latest recorded funding round was a Pre Seed round in February 2025.
Parachute is a legal technology company that provides an AI-powered platform designed to assist small-to-medium law firms with document drafting, contract review, and legal research.
Sector
Enterprise Software
Verticals
Legal Tech, Document Management, Workflow Automation
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parachute Comparables
Compare Parachute with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Habeas | 82% | |
| LegesGPT | 82% | |
| Paxton AI | 81% |
For institutional investors. Book with your work email.
Parachute Funding Rounds
Historical fundraising activity
For institutional investors. Book with your work email.
Key People
Founding team and executive leadership
For institutional investors. Book with your work email.
Parachute Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Rampersand | Pre Seed |
| Aussie Angels | Pre Seed |
| Co Ventures | Pre Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Feb 15, 2025
$1.8M round led by Rampersand
For institutional investors. Book with your work email.
Parachute Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Book a demoFor institutional investors. Book with your work email.
Frequently Asked Questions
Common questions about Parachute's valuation, stock price, and market status.
Is Parachute a public or private company?
Parachute is a private company.
What is the current stock price of Parachute?
Parachute is a private company, so its shares have no public market price. Caplight tracks Parachute's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Parachute worth (valuation)?
Parachute's valuation is estimated at $8.5M based on funding round data.
Can I buy Parachute stock?
Parachute shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Parachute's last funding round?
Parachute's most recent funding round was Pre Seed on February 15, 2025.
Who are the main investors in Parachute?
Key investors in Parachute include Rampersand.
Will Parachute IPO soon?
No public IPO plans have been announced for Parachute.
How can I track Parachute secondary market activity?
Caplight tracks bids, offers, and trades in Parachute's shares on secondary markets.