
United States · Consumer services startup
Pearachute was a subscription service based in Chicago, founded in 2016 by Desiree Vargas Wrigley.
Funding reportedLast round: Undisclosed round
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.
Funding, as reported
Pearachute filed 2 raises, $322K in all. Filings say how much was sold and to how many investors; they never name the investors.
From the SEC filings it signed: 1 on the team.
On the board, as filediPaul PurcellSam Yagan
What they build
Known for
entertaining gamesrouletteconsumergame strategiesinstant playonline casinohigh payoutkidsreliable gamingsafety standardsage groupswelcome bonusesuser ratingslive gaminggaming softwareblackjack
Built with from their website
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