Parachute: Funding, Investors & Team (Oct 2026)
Parachute is a new kind of plasma donation company that allows individuals to earn money while creating life-saving medicine.
Parachute has raised $38.1M across 1 funding round on record, the most recent an undisclosed round of $38.1M announced in Apr 2026.
That round is above the $8.1M median round size for Biotechnology companies tracked on FundedIQ over the last two years.
Parachute Company Profile and Key Stats
Latest funding round on record: Apr 2026.
Parachute Funding Rounds
Parachute Founders and Leadership Team
No contact details are on record for this team yet.
Parachute Funding Compared to Other Biotechnology Startups
Parachute's latest round of $38.1M is above the median round in Biotechnology. Medians cover the last 24 months of disclosed rounds.
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Parachute Funding FAQs
What does Parachute do?
Parachute is a new kind of plasma donation company that allows individuals to earn money while creating life-saving medicine.
How much funding has Parachute raised?
Parachute has raised $38.1M across 1 round on record. The most recent is an undisclosed round of $38.1M announced in Apr 2026.
When did Parachute last raise funding?
Parachute's most recent funding round on record is an undisclosed round of $38.1M, announced in Apr 2026.
Who founded Parachute?
FundedIQ lists Ariel Kaye (Founder) at Parachute.
Where is Parachute headquartered?
Parachute is based in Austin, Texas, United States.
How many employees does Parachute have?
Parachute is in the 251-500 employee band.
How does Parachute's funding compare to other Biotechnology startups?
Parachute's latest round of $38.1M is above the $8.1M median round size for Biotechnology companies on FundedIQ across 4,185 tracked companies over the last two years.
About FundedIQ's Parachute Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Parachute is left off this page rather than filled in.
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