United States · Consumer services startup

Pearachute

Pearachute was a subscription service based in Chicago, founded in 2016 by Desiree Vargas Wrigley.

Funding reportedLast round: Undisclosed round

Consumer servicesChicago, United States

About Pearachute

Pearachute was a subscription service based in Chicago, founded in 2016 by Desiree Vargas Wrigley.

The company connected parents with local kids' classes and activities, offering flexible, drop-in access without long-term commitments. It operated as a monthly membership club, allowing users to book classes and cancel up to an hour in advance. Pearachute provided a variety of activities, from ballet to baseball, catering to family schedules. The core offering was a monthly subscription for discovering, booking, and attending kids' classes at a discount. Pricing options included $79 per month for five classes or $99 for unlimited access, later adjusting to $39 for four classes. Pearachute expanded its listings significantly, reaching about 300,000 classes across various cities. During the pandemic, it pivoted to virtual experiences available nationwide, achieving $1.3 million in annual revenue by mid-2021. The company expanded to several cities and raised substantial funding before closing in June 2022.

What company datasets say Pearachute raised

Funding, as reported

Reported in all$3.1Min dollars
Rounds7
Last roundUndisclosed round
Last round size$1.2M
Last round dateMar 2019
Investors listed14
SEC Form D$3.9M sold, 4 filings, last Mar 2019

Funding filed with regulators

Pearachute filed 2 raises, $322K in all. Filings say how much was sold and to how many investors; they never name the investors.

  1. Jan 2018$72Kotherof $287K offeredCrowdfunding
  2. Apr 2017$250KotherCrowdfunding

Founders and team

From the SEC filings it signed: 1 on the team.

  • Desiree Vargas WrigleyExecutive Officer, Director, Promoteri

On the board, as filediPaul PurcellSam Yagan

The company, in detail

What they build

Known for

entertaining gamesrouletteconsumergame strategiesinstant playonline casinohigh payoutkidsreliable gamingsafety standardsage groupswelcome bonusesuser ratingslive gaminggaming softwareblackjack

Built with from their website

HREF LangCloudFlareViewport MetaCloudFlare CDNPriority HintsGoogle Font APICloudflare InsightsMobile FriendlyMultilingualOpen Graph

+6 more

Cloudflare DNSHTTP/3Cloudflare Browser InsightsHSTSTwitter SharingCart Functionality

Sector
Consumer services
Industry code
NAICS 71329
Region
Illinois
Revenue
$1.5M a year, as listed
Full record
Every detail in the company directory

Consumer services in United States

Startups like it

Is this your company?

Add your raise, your deck and your story, and put Pearachute in front of investors. Or tell us what we have wrong.