When was Parade founded?

Parade was founded in 2015 and raised its 1st funding round 7 years after it was founded.

Where is Parade located?

Parade is headquartered in Los Angeles, United States.

Who is the current CEO of Parade?

Anthony Sutardja of Parade. They have also founded 1 company.

How many employees does Parade have?

As of Jun 30, 2026, the latest employee count at Parade is 26.

Is Parade a funded company?

Parade is a funded company, having raised a total of $29.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Feb 09, 2022.

When was the latest funding round of Parade?

Parade's latest funding was a $***** Series B round on Sep 14, 2023, with participation from 14 investors. Its primary sector is Logistics Tech. In United States, the Logistics Tech sector has seen $3.73B in funding in 2026 to date.

Where does Parade rank among its competitors?

Parade ranks 9th amongst 1199 active competitors, of which 69 are funded. It stands 5th in terms of total funding among its competitors. The most recent competitor to raise funding was Wright Express, which secured an undisclosed amount in May, 2025.

Who are the top competitors of Parade?

Parade's top competitors include Wright Express, Element and Netradyne. Among them, Wright Express secured the most recent funding round in May, 2025.

Parade - 2026 Company Profile, Team, Funding & Competitors

Parade is an acquired company based in Los Angeles (United States), founded in 2015 by Anthony Sutardja, Tony Wu and Preet Sivia. It operates as an AI & web-based fleet optimization solution for transportation companies. Parade has raised $29.7M in funding from Menlo Ventures and I Squared. The company has 1199 active competitors, including 69 funded and 68 that have exited. Its top competitors include companies like Wright Express, Element and Netradyne.

Company Details

AI & web-based fleet optimization solution for transportation companies. It is a big data and AI-based fleet optimization solution for transportation companies to streamline their operations. The platform uses real-time and historical data to optimize communication, decision-making, and freight bookings. The platform can be integrated with existing TMS. Drivers can share their location, report delays, and upload documents in real-time through the platform.

Website: www.parade.ai/
Social
Email ID: *****@parade.ai
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

Los Angeles, United States

Stage

Acquired

Total Funding

$29.7M in 2 rounds

Latest Funding Round

Series B, Sep 14, 2023, $*****

Investors

Menlo Ventures & 16 more

Ranked

9^th among 1199 active competitors

Employee Count

26 as on Jun 30, 2026

Similar Companies

Inrix & 136 more

Exit Details

Acquired by Mudflap (Mar 12, 2026)

View Parade's full profile

Parade got acquired by Mudflap on Mar 12, 2026.

Click here to take a look at Parade's acquisition in detail

Parade has raised a total funding of $29.7M over 2 rounds. Its first funding round was on Feb 09, 2022. Its latest funding round was a Series B round on Sep 14, 2023 for $*****. 14 investors participated in its latest round. Parade has 16 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Parade:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 14, 2023	6903430	Series B	8116048	6889284	2454147	7915625
Feb 09, 2022	7611230	Series A	9009627	5913422	Menlo Ventures	GreenHawk & 3 more

Access funding benchmarks and valuations. Sign up today!

View details of Parade's funding rounds and investors

The founders of Parade are Anthony Sutardja, Tony Wu and Preet Sivia. Anthony Sutardja is the CEO of Parade.

Here are the details of Parade's key team members:

Anthony Sutardja: Co-Founder & CEO of Parade.
Contact Info: 1 email address
Tony Wu: Co-Founder & CTO of Parade.
Contact Info: 1 email address
Preet Sivia: Co-Founder & President of Parade.
Contact Info: 1 email address

View details of Parade's Founder profiles and Board Members

Parade's employee count trend

Parade has 26 employees as of Jun 26. Here is Parade's employee count trend over the years:

Uncover Parade's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Parade include Wright Express, Element and Netradyne. Here is the list of Top 10 competitors of Parade, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	Warburg Pincus, NewStar Financial & 5 others	73/100
2nd	Element 1946, Baltimore (United States), Public	Fleet management and maintenance services	$125M	ValueAct Capital	70/100
3rd	Netradyne 2015, San Diego (United States), Series D	AI-powered fleet safety camera system	$297M	SoftBank Vision Fund, Point72 Ventures & 11 others	67/100
4th	MTAP 2013, Bengaluru (India), Seed	Cloud-driven sensor-based end-to-end fleet management solution for fleet operators	$555K	Vibgyor Consultants, Tyagesa Advisory & 14 others	65/100
5th	Comdata 1969, Brentwood (United States), Acquired	Provider of fleet fuel cards, technology, and related management solutions	-	Charterhouse Strategic Partners, Thomas H Lee Partners ... Read more	64/100
6th	Idelic 2016, Pittsburgh (United States), Acquired	Offers AI & SaaS-based fleet management software	$31.3M	Origin Ventures, Highland Capital Partners ... & 10 others	63/100
7th	Zonar Systems 2001, Seattle (United States), Acquired	Cloud-enabled platform offering end-to-end fleet management solutions	$50M	Daimler Trucks North America	62/100
8th	Ituran 1995, Tel Aviv (Israel), Public	Fleet management software for logistics and transport industry	-	-	62/100
9th	Parade 2015, Los Angeles (United States), Acquired	AI & web-based fleet optimization solution for transportation companies	$29.7M	Rising Tide Fund, I Squared & 15 others	62/100
10th	GoBOLT 2015, Gurugram (India), Series B	AI and SaaS based fleet management system solutions	$28.4M	Aavishkaar Capital, Paragon Partners & 8 others	62/100