Parlay Overview

  • Year Founded
  • 2022

Year Founded

  • Status
  • Private

  • Employees
  • 7

Employees

  • Latest Deal Type
  • Early Stage VC

  • Investors
  • 14

Parlay General Information

Description

Developer of a loan packaging platform designed for increasing small business lending conversions and efficiency. The company's platform offers analytical tools and helps lenders white-label products to borrowers with a user-friendly applicant portal, loan readiness scoring, pipeline analytics, and a dashboard, enabling community banks and credit unions to approve small businesses for loans to increase customer conversion rates.

Contact Information

Website
www.parlay.finance
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1806 Leslie Avenue
  • Alexandria, VA 22301
  • United States
+1 (888)
Primary Industry
Specialized Finance
Other Industries
Financial Software
Vertical(s)
SaaS, Artificial Intelligence & Machine Learning, FinTech
Corporate Office
  • 1806 Leslie Avenue
  • Alexandria, VA 22301
  • United States
+1 (888)

Parlay Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

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Parlay Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
9. Early Stage VC Completed Generating Revenue
8. Seed Round 16-May-2025 Completed Generating Revenue
7. Accelerator/Incubator 30-Jul-2024 Completed Generating Revenue
6. Accelerator/Incubator 28-Feb-2024 Completed Generating Revenue
5. Seed Round 05-Dec-2023 Completed Generating Revenue
4. Accelerator/Incubator 21-Aug-2023 Completed Generating Revenue
3. Accelerator/Incubator 02-Aug-2023 Completed Generating Revenue
2. Accelerator/Incubator 14-Jul-2023 $120K $120K Completed Generating Revenue
1. Grant 11-Oct-2022 $5K Completed Generating Revenue
To view Parlay’s complete valuation and funding history, request access »

Parlay Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Seed-4
Seed-3
Seed-2 4,996,683 $0.000010 $0.3 $0.3 1x $0.3 22.01%
Seed-1 4,644,373 $0.000010 $0.38 $0.38 1x $0.38 20.35%
To view Parlay’s complete cap table history, request access »

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Parlay Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Parlay Investors (14)

Investor Name Investor Type Holding Investor Since Participating Rounds
Alumni Ventures Venture Capital Minority
Capacity Capital (Chattanooga) Venture Capital Minority
Hivers & Strivers Venture Capital Minority
JAM FINTOP Venture Capital Minority
Service Provider Capital Venture Capital Minority
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Parlay FAQs

  • When was Parlay founded?

    Parlay was founded in 2022.

  • Where is Parlay headquartered?

    Parlay is headquartered in Alexandria, VA.

  • What is the size of Parlay?

    Parlay has 7 total employees.

  • What industry is Parlay in?

    Parlay’s primary industry is Specialized Finance.

  • Is Parlay a private or public company?

    Parlay is a Private company.

  • What is Parlay’s current revenue?

    The current revenue for Parlay is .

  • How much funding has Parlay raised over time?

    Parlay has raised $11.7M.

  • Who are Parlay’s investors?

    Alumni Ventures, Capacity Capital (Chattanooga), Hivers & Strivers, JAM FINTOP, and Service Provider Capital are 5 of 14 investors who have invested in Parlay.

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