Parafin: Funding, Investors & Team (Sep 2026)
Parafin is a FinTech startup that provides a full-stack embedded financial infrastructure that works with platforms such as marketplaces, payment processors, and software providers to help small businesses fill their cash flow needs, invest in their growth, and run their business. Parafin's mission is to democratize access to growth capital. Parafin aims to enable and empower small businesses to reach their greatest potential, and to create a world in which their ability to acquire funding isn’t limited to a credit check or an arbitrary set of rules - which historically has limited numerous people from chasing their dream. Parafin was established in 2020 in San Francisco, California by Sahill Poddar.
Parafin has raised $468M across 6 funding rounds on record, the most recent an undisclosed round announced in Jun 2026.
Parafin Company Profile and Key Stats
Latest funding round on record: Jun 2026.
Parafin Funding Rounds
2 of 6 rounds were announced without a disclosed amount and are excluded from the total.
Parafin raised $150M in a Debt Financing announced in Aug 2022.
1.7 years later, an undisclosed round of $125M was announced in Apr 2024.
4 months later, an undisclosed round of $93.0M was announced in Aug 2024.
4 months later, a Series C of $100M was announced in Dec 2024.
1.4 years later, an undisclosed round was announced in May 2026 with no disclosed amount.
1 month later, an undisclosed round was announced in Jun 2026 with no disclosed amount.
Parafin Founders and Leadership Team
No contact details are on record for this team yet.
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Parafin Funding FAQs
What does Parafin do?
Parafin is a FinTech startup that provides a full-stack embedded financial infrastructure that works with platforms such as marketplaces, payment processors, and software providers to help small businesses fill their cash flow needs, invest in their growth, and run their business. Parafin's mission is to democratize access to growth capital. Parafin aims to enable and empower small businesses to reach their greatest potential, and to create a world in which their ability to acquire funding isn’t limited to a credit check or an arbitrary set of rules - which historically has limited numerous people from chasing their dream. Parafin was established in 2020 in San Francisco, California by Sahill Poddar.
How much funding has Parafin raised?
Parafin has raised $468M across 6 rounds on record.
When did Parafin last raise funding?
Parafin's most recent funding round on record was announced in Jun 2026. The amount was not disclosed.
Who founded Parafin?
FundedIQ lists Ralph Furman (Founder), Sahill Poddar (Founder) at Parafin.
Where is Parafin headquartered?
Parafin is based in San Francisco, California, United States.
How many employees does Parafin have?
Parafin is in the 11-50 employee band.
About FundedIQ's Parafin 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 Parafin is left off this page rather than filled in.
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