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 Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
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 |
Parachute Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Parachute's valuation, stock price, and market status.