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Parachute Revenue and Competitors

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Toronto, ON CAN

Location

$9M

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • Parachute's estimated annual revenue is currently $2M per year.(i)
  • Parachute's estimated revenue per employee is $126,000
  • Parachute's total funding is $9M.

Employee Data

  • Parachute has 16 Employees.(i)
  • Parachute grew their employee count by -16% last year.

Parachute's People

NameTitleEmail/Phone
1
Co-Founder & COOReveal Email/Phone
2
Co-Founder & COOReveal Email/Phone
3
Chief Technology OfficerReveal Email/Phone
4
Head CreditReveal Email/Phone
5
Customer Success ExecutiveReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$0.9M190%N/AN/A
#2
$41.8M1852%$45MN/A
#3
$6.4M383%N/AN/A
#4
$23.7M11324%N/AN/A
#5
$275.2M9366%N/AN/A
#6
$21.4M10211%N/AN/A
#7
$20.6M98-3%N/AN/A
#8
$23.9M11421%N/AN/A
#9
$58M2514%N/AN/A
#10
$232.8M792N/AN/AN/A
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What Is Parachute?

Parachute was founded with the purpose of providing financial well-being for Canadians dealing with high-interest rate (predatory) debt. We are creating a world in which people have control over their finances, feel financially secure and empowered to make better choices. \n\nOur three step approach combines a lower interest rate debt consolidation loan with no hidden fees that resets a consumer's finances; a data driven app that monitors, educates and guides better financial behaviour; and a rebate system that motivates that behaviour with cash-back rewards.\n\nWith Parachute, we are changing lives with just one loan.

keywords:N/A

$9M

Total Funding

16

Number of Employees

$2M

Revenue (est)

-16%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$1.3M16-11%N/A
#2
$2.3M16-24%N/A
#3
$2.6M16-36%N/A
#4
$1.4M16N/AN/A
#5
$1.9M16N/AN/A