# Parachute funding: rounds and investors

> Parachute has raised $1.6M across 2 rounds since 2024. Investors include Y Combinator, Pioneer Fund and Archangel Network Of Funds. Every round with its source.

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

Canada · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Parachute*

2 rounds we have observed, with the 3 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.

Consumer Services Financial Services

Funding summary Updated 26 Oct 2026

**$1.6M** raised across 2 rounds since 2024, from 2 sources

**$1.1M** Seed **$500K** Pre-seed

- **Latest round:** Pre-seed, $500K Sept 2025
- **Biggest round:** $1.1M Seed · Oct 2024
- **Investors:** 3

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.

2025

**$1.1M** Seed

**$500K** Pre-seed

- **First round:** Seed, $1.1M
- **Biggest round:** $1.1M
- **Between rounds:** 11 months

## The rounds

- **Sept 2025** Pre-seed **$500K** *2 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Source recorded
- **Oct 2024** Seed **$1.1M** *1 new* [Archangel Network Of Funds](https://millionrounds.com/fund/archangel-network-of-funds-axion-fund) Source recorded

## 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** 2024 **Pre-seed** 2025 [Y Combinator](https://millionrounds.com/fund/y-combinator) [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) [Archangel Network Of Funds](https://millionrounds.com/fund/archangel-network-of-funds-axion-fund)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2) Private equity **1** round

[Archangel Network Of Funds](https://millionrounds.com/fund/archangel-network-of-funds-axion-fund) VC firm **1** round

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

## 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.

[Launchpad LA](https://millionrounds.com/fund/launchpad-la) Accelerator Per its own site

## Quick answers about Parachute

### Who invested in Parachute?

Parachute's investors include Y Combinator, Pioneer Fund and Archangel Network Of Funds.

### 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.

## Companies like Parachute

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

[**Resiliocs Intelligence** $53K · Jul 2026](https://millionrounds.com/company/resiliocs-intelligence)[**Koho** $144M · Jun 2026](https://millionrounds.com/company/koho)[**Sakku Investments** $1.8M · Jun 2026](https://millionrounds.com/company/sakku-investments)[**Blockchain Venture Capital** $132K · May 2026](https://millionrounds.com/company/blockchain-venture-capital)[**FUTR Corporation** $3.4M · May 2026](https://millionrounds.com/company/futr-corporation)[**Palisades Goldcorp** Apr 2026](https://millionrounds.com/company/palisades-goldcorp)

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