# Parsyl funding: rounds and investors

> Parsyl has raised $20M across 1 round since 2025. Investors include Lightsmith Group, HSCM Ventures and GLP Capital Partners. Every round with its source.

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

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

# Who invested in *Parsyl*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Climate Tech Insurtech Logistics

Funding summary Updated 26 Oct 2026

**$20M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series C, $20M Jan 2025
- **Led by:** Lightsmith Group
- **Investors:** 4 (1 led)

See who backed them

## The rounds

- **Jan 2025** Series C **$20M** [Lightsmith Group](https://millionrounds.com/fund/lightsmith-group) Lead [HSCM Ventures](https://millionrounds.com/fund/hscm-ventures) [GLP Capital Partners](https://millionrounds.com/fund/glp-capital-partners) [Lineage Ventures](https://millionrounds.com/fund/lineage-ventures) Reported by Firms' own news pages SEC filing: $21M sold, first sale Dec 2024

## Founders and team

From Parsyl's own website: 3 founders, 12 on the team.

**Ben Hubbard** CEO & Co-Founder

**Alex Haar** Chief Product Officer & Co-Founder

**Mike Linton** Chief Technology Officer & Co-Founder

- **Brennan Meadowcroft** Vice President of Engineering
- **Michael Niederhauser** Vice President of Strategic Partnerships
- **Carolyn Frieband** Chief Operating Officer
- **Simon Coles** Head of Capital
- **Ted Calligeros** Head of Cargo, North America
- **Connor McKim** Director of Business Development
- **Cristina Alquist** Director of Marketing
- **Kristen Edwards** Director of Finance & Accounting
- **Lauren Jones-Kaplan** Director of People Operations
- **Sarah Watson** Director of Claims
- **Scott Parry** Director of Cargo Risk Engineering
- **Victoria Zak** Director of Insurance Solutions

## Everyone who backed them

[Lightsmith Group](https://millionrounds.com/fund/lightsmith-group) Growth equity **1** round, led 1

[HSCM Ventures](https://millionrounds.com/fund/hscm-ventures) Private equity **1** round

[GLP Capital Partners](https://millionrounds.com/fund/glp-capital-partners) Private equity **1** round

[Lineage Ventures](https://millionrounds.com/fund/lineage-ventures) Corporate VC **1** round

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

## Also claim to have backed them

These 3 firms list Parsyl as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Pallasite Ventures](https://millionrounds.com/fund/pallasite-ventures-inc) VC firm Per its own site

[FirstTracks Ventures](https://millionrounds.com/fund/firsttracks-ventures) VC firm Per its own site

[The Lightsmith Group](https://millionrounds.com/fund/the-lightsmith-group) Private equity Per its own site

## Quick answers about Parsyl

### Who invested in Parsyl?

Parsyl's investors include Lightsmith Group, HSCM Ventures, GLP Capital Partners and Lineage Ventures. Lightsmith Group led its latest round.

### How much has Parsyl raised?

Parsyl has raised $20M across 1 round since 2025.

### When did Parsyl last raise?

Parsyl's most recent round was a Series C of $20M in Jan 2025, led by Lightsmith Group.

### What was Parsyl's biggest round?

Its most recent round, $20M in Jan 2025, is also its largest on record.

### Who backed Parsyl first?

Parsyl's first round on record, in Jan 2025, was backed by Lightsmith Group, HSCM Ventures and GLP Capital Partners and 1 others.

### What stage is Parsyl at?

Parsyl's latest named round is a Series C, in Jan 2025.

### Where is Parsyl based?

Parsyl is based in the United States.

### Who led Parsyl's rounds?

Lightsmith Group led the Series C in 2025.

## Companies like Parsyl

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