Parachute
PrivateLast Round
Pre Seed
Feb 15, 2025
Est. Valuation
$8.5M
Total Funding Raised
$1.8M
Company Overview
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, NLP & Conversational AI, Compliance & Risk
Business Model
B2B
Customer Profile
Subscription SaaS
AI Layer
Application
Keywords
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% |
Parachute Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Pre Seed | Feb 15, 2025 |
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
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.
Request accessFrequently 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 with no public stock price. No recent secondary market data is available.
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. Visit https://www.caplight.com to learn more.
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 for private companies. Visit https://www.caplight.com to monitor Parachute's secondary market activity and sign up for updates.