# Parabola funding: rounds and investors

> Parabola has raised $26M across 3 rounds since 2015. Investors include Abstract Ventures, Thrive Capital and Merus Capital. Every round with its source.

Source: https://millionrounds.com/company/parabola (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Parabola*

3 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics

Funding summary Updated 26 Oct 2026

**$26M** raised across 3 rounds since 2015, from 3 sources

**$40K** Seed **$2.2M** Seed **$24M** Series B

- **Latest round:** Series B, $24M Jun 2023
- **Step-up i:** 10.9×
- **Investors:** 6

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2017 2019 2021 2023

**$40K** Seed

**$2.2M** Seed

**$24M** Series B

- **First round:** Seed, $40K
- **Biggest round:** $24M
- **Usual gap between rounds:** 5 years

## The rounds

- **Jun 2023** Series B **$24M** *1 new* *1 returning* [Abstract Ventures](https://millionrounds.com/fund/abstract) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Source recorded
- **May 2018** Seed **$2.2M** *5 new* [Abstract Ventures](https://millionrounds.com/fund/abstract) [Merus Capital](https://millionrounds.com/fund/merus-capital) Alex Kvamme Matrix Partners/ AngelPad Mike Hennessey Reported by FinSMEs
- **Apr 2015** Seed **$40K** No investor was named in the report. From a historical funding record

## Founders and team

From Parabola's own website: 1 founder, 3 on the team.

**Alex Yaseen** Founder & CEO

- **Paul Malloy** Chief of Staff
- **Andrew Udell** Head of Operations
- **C.J. Jameson** Head of Engineering

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2015 **Seed** 2018 **Series B** 2023 [Abstract Ventures](https://millionrounds.com/fund/abstract) [Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) [Merus Capital](https://millionrounds.com/fund/merus-capital) Alex Kvamme Matrix Partners/ AngelPad Mike Hennessey

## Everyone who backed them

[Abstract Ventures](https://millionrounds.com/fund/abstract) VC firm **2** rounds

[Thrive Capital](https://millionrounds.com/fund/thrive-capital-2) Family office **1** round

[Merus Capital](https://millionrounds.com/fund/merus-capital) VC firm **1** round

Alex Kvamme no record of our own yet **1** round

Matrix Partners/ AngelPad no record of our own yet **1** round

Mike Hennessey no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=parabola).

## Also claim to have backed them

This firm lists Parabola as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Matrix Partners](https://millionrounds.com/fund/matrix-partners) VC firm Per its own site

## Quick answers about Parabola

### Who invested in Parabola?

Parabola's investors include Abstract Ventures, Thrive Capital, Merus Capital, Alex Kvamme and Matrix Partners/ AngelPad, and 1 more on record.

### How much has Parabola raised?

Parabola has raised $26M across 3 rounds since 2015.

### When did Parabola last raise?

Parabola's most recent round was a Series B of $24M in Jun 2023.

### What was Parabola's biggest round?

Its most recent round, $24M in Jun 2023, is also its largest on record.

### Who backed Parabola first?

Parabola's first round on record, in May 2018, was backed by Abstract Ventures, Merus Capital and Alex Kvamme and 2 others.

### What stage is Parabola at?

Parabola's latest named round is a Series B, in Jun 2023.

### Where is Parabola based?

Parabola is based in the United States.

## Companies like Parabola

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)[**Prism Data** $25M · Oct 2026](https://millionrounds.com/company/prism-data)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)

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