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Parabola

Founded 2018 · 15 known investors

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Parabola is a platform that enables teams to automate manual and repetitive business processes without requiring engineering resources. The software targets operational teams across enterprises seeking to reduce errors, improve efficiency, and eliminate reliance on spreadsheets and disconnected tools.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaS

Founders & leadership

Parabola was founded in 2018 by Alex Yassen and Alex Yaseen.

AYAlex Yassen
Alex YassenFounder & CEOAlex Yassen worked as a strategy consultant before founding Parabola, a no-code automation platform designed to help operations teams streamline complex workflows involving unstructured data.
AYAlex Yaseen
Alex YaseenFounder and CEOBefore starting Parabola in 2017, Alex Yaseen co-founded a stealth venture and worked in consulting at Monitor Deloitte, following earlier roles as a technology analyst at Deloitte Digital and internships in ecommerce and marketing. He has since founded Prowork, focused on bringing AI into finance and operations work.

Investors · 15

Matrixlisted by MatrixSan Francisco · $100K – $10M

How we know: Matrix's portfolio page · a partner's Signal profile · techcrunch.com · open dataset · 5k.vc investor directory · Not right? Tell us

Merus Capitallisted by Merus CapitalMenlo Park · $200K – $2.5M

How we know: a partner's Signal profile · techcrunch.com · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

OpenView Venture Partnerslisted by OpenView Venture PartnersBoston · $5M – $20M

How we know: OpenView Venture Partners's portfolio page · Not right? Tell us

Abstract VenturesreportedSan Francisco · $250K – $750K

How we know: techcrunch.com · Not right? Tell us

AngelPadreportedSan Francisco · $120K

How we know: a partner's Signal profile · Not right? Tell us

Craft VenturesreportedSan Francisco · $50K – $50M

How we know: a partner's Signal profile · Not right? Tell us

First Round CapitalreportedSan Francisco · $100K – $20M

How we know: a partner's Signal profile · Not right? Tell us

FlexportreportedSan Francisco · $2.5M – $20M

How we know: press coverage · Not right? Tell us

Thrivereported

How we know: techcrunch.com · Not right? Tell us

Thrive CapitalreportedNew York · $500K – $25M

How we know: prnewswire.com · Not right? Tell us

Also in the syndicate · 4

Flexport VenturesOpenViewleadOtherwise FundWebflow

Funding

SEC filings, press & company announcements

$24M disclosed across 1 of 3 rounds · 2018–2023

Source: company announcements and press reports — follow each round's link for the claim.

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ClickUpClickUp provides a customizable work management platform that adapts to different company teams and projects across various functions including marketing, sales, and project management.

Companies working in the same space as Parabola.

In the news

Announcing Parabola's $24m Series Bparabola.io · Jun 2023Parabola Raises $24M Series B to Automate the "Un-Automatable"prnewswire.com · Jun 2023Workflow automation startup Parabola raises $24M | TechCrunchtechcrunch.com · Jun 2023Parabola raises $2.2M to simplify programming for people stuck in Exceltechcrunch.com · May 2018

Frequently asked questions

What does Parabola do?
Parabola is a platform that enables teams to automate manual and repetitive business processes without requiring engineering resources. The software targets operational teams across enterprises seeking to reduce errors, improve efficiency, and eliminate reliance on spreadsheets and disconnected tools.
Who founded Parabola?
Parabola was founded by Alex Yassen, Alex Yaseen in 2018.
Who are Parabola's investors?
Parabola's investors include Good Friends, Matrix, Merus Capital, OpenView Venture Partners, Abstract Ventures, AngelPad, Craft Ventures, First Round Capital and 3 more.
How much funding has Parabola raised?
Parabola has disclosed $24M raised across 1 of its 3 known rounds.