Tech Company Financing Transactions
Parsyl Funding Round
Parsyl closed a $15 million Series A funding round on 4/17/2020. Investors included Ascot Group, GLP and private investors.
Transaction Overview
Company Name
Announced On
4/17/2020
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Ascot Group (Lead Investor)
GLP (Lead Investor)
Proceeds Purpose
The company intends to use the funds to launch its insurance product suite in additional states in the coming months, advance industry specific product degradation algorithms and expand its team.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2399 Blake St. 105
Denver, CO 80205
USA
Denver, CO 80205
USA
Phone
Website
Email Address
Not Recorded
Overview
Parsyl's leadership team brings a unique combination of experience in cargo insurance and logistics, big data analytics and global health. Parsyl was founded with the mission to improve the quality of goods we all rely on, from the foods we eat to the medicines we need.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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