Parachute Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Private

  • Employees
  • 116

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 3

Parachute General Information

Description

Operator of a multi-category lifestyle brand intended to offer luxury lifestyle and home decoration products. The company offers a wide range of product categories such as bedding, sheets, pillows, duvets, mattresses, bath, decor that are made from plant-based fibers and have an unfussy style and a natural color palette, enabling customers to buy sustainable and breathable home products.

Contact Information

Website
www.parachutehome.com
Formerly Known As
Saffron Oak
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 3576 Eastham Drive
  • Culver City, CA 90232
  • United States
+1 (888)
Primary Industry
Household Products
Vertical(s)
E-Commerce
Corporate Office
  • 3576 Eastham Drive
  • Culver City, CA 90232
  • United States
+1 (888)

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Parachute Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 01-Jan-2024 Completed Generating Revenue
4. Later Stage VC (Series C) 27-Jun-2018 Completed Generating Revenue
3. Early Stage VC (Series B) 30-Jun-2017 Completed Generating Revenue
2. Early Stage VC (Series A2) 16-May-2016 $4.83M $10.3M Completed Startup
1. Early Stage VC (Series A1) 22-May-2015 $5.45M $5.45M Completed Startup
To view Parachute’s complete valuation and funding history, request access »

Parachute Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series C
Series B
Series A2 7,926,921 $0.000010 $0.63 $0.63 1x $0.63 15.41%
Series A1 9,614,692 $0.000010 $0.5 $0.5 1x $0.5 18.69%
To view Parachute’s complete cap table history, request access »

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Parachute Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of a multi-category lifestyle brand intended to offer luxury lifestyle and home decoration products. The compan
Household Products
Culver City, CA
116 As of 2026

New York, NY
 

Bluffdale, UT
 
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Parachute Competitors (2)

One of Parachute’s 2 competitors is Snowe, a Formerly VC-backed company based in New York, NY.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Snowe Formerly VC-backed New York, NY
Cozy Earth Private Equity-Backed Bluffdale, UT
You’re viewing 2 of 2 competitors. Get the full list »

Parachute Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Parachute Investors (3)

Investor Name Investor Type Holding Investor Since Participating Rounds
Angel (individual) Minority
H.I.G. Growth Partners Growth/Expansion Minority
Upfront Ventures Venture Capital Minority
To view Parachute’s complete investors history, request access »

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Parachute FAQs

  • When was Parachute founded?

    Parachute was founded in 2014.

  • Where is Parachute headquartered?

    Parachute is headquartered in Culver City, CA.

  • What is the size of Parachute?

    Parachute has 116 total employees.

  • What industry is Parachute in?

    Parachute’s primary industry is Household Products.

  • Is Parachute a private or public company?

    Parachute is a Private company.

  • What is Parachute’s current revenue?

    The current revenue for Parachute is .

  • How much funding has Parachute raised over time?

    Parachute has raised $47.5M.

  • Who are Parachute’s investors?

    , H.I.G. Growth Partners, and Upfront Ventures have invested in Parachute.

  • Who are Parachute’s competitors?

    Snowe and Cozy Earth are competitors of Parachute.

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