Canada · 
Who invested in Parachute?
Parachute's investors include Y Combinator, Pioneer Fund and Archangel Network Of Funds.
2025
$1.1MSeed$500KPre-seedCanada · Pre-seed startup
Who invested in Parachute
Funding summaryUpdated 26 Oct 2026
$1.6Mraised across 2 rounds since 2024, from 2 sources
$1.1MSeed$500KPre-seed
- Latest round
- Pre-seed, $500KSept 2025
- Biggest round
- $1.1MSeed · Oct 2024
- Investors
- 3
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $1.1M Oct 2024
- Biggest round
- $1.1M Seed · Oct 2024
- Between rounds
- 11 months from the last two
The rounds
- Sept 2025
- Oct 2024
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.
Everyone who backed them
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
This firm lists Parachute 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.
Quick answers about Parachute
How much has Parachute raised?
Parachute has raised $1.6M across 2 rounds since 2024.
When did Parachute last raise?
Parachute's most recent round was a Pre-seed of $500K in Sept 2025.
What was Parachute's biggest round?
Parachute's largest round on record is $1.1M (Seed), in Oct 2024.
Who backed Parachute first?
Parachute's first round on record, in Oct 2024, was backed by Archangel Network Of Funds.
What stage is Parachute at?
Parachute's latest named round is a Pre-seed, in Sept 2025.
Where is Parachute based?
Parachute is based in Canada.
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