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Parachute

Toronto, Canada
Last funding
$1.1M
SeedOct 2024

Parachute is a financial services company that provides loans for lower interest rate and with no hidden fees to the customers.

About Parachute

How much funding has Parachute raised?

Parachute has raised $1.1M in total funding. The most recent round was Seed. The last funding was announced in October 2024.

Who are Parachute's investors?

Parachute's investors include Archangel Network of Funds.

Where is Parachute headquartered?

Parachute is headquartered in Toronto, Canada.

What does Parachute do?

Parachute is a financial services company that provides loans for lower interest rate and with no hidden fees to the customers.

What stage is Parachute at?

Parachute is at the Seed stage.

Cite this page

Free to use in articles, research, and reference works. Stable URL — will not change. Data on this page last updated .

MLA
"Parachute — Funding & Investors." VCBacked, October 25, 2024, https://www.vcbacked.co/company/parachute-toronto. Accessed August 14, 2026.
APA
VCBacked. (2024). Parachute — Funding & Investors. Retrieved August 14, 2026, from https://www.vcbacked.co/company/parachute-toronto
Wikipedia (cite web)
{{cite web |title=Parachute — Funding & Investors |url=https://www.vcbacked.co/company/parachute-toronto |website=VCBacked |access-date=August 14, 2026}}

Profile data sourced and verified per the VCbacked methodology · Last funding round dated

Founder contacts
m***@myparachute.co
linkedin.com/in/●●●●●●
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