Parafin - About the company
Parafin is a series C company based in San Francisco (United States), founded in 2020 by Sahill Poddar. It operates as a Provider of cloud-based platform for revenue-based financing. Parafin has raised $190M in funding from investors like Thrive Capital, Ribbit Capital and GIC, with a current valuation of $*****. The company has 4 active competitors, including 2 that are funded. Its top competitors are Wayflyer, EvoFi and Fundingly.
Company Details
Provider of cloud-based platform for revenue-based financing. It features a platform for connecting buyers and sellers for growth capital financing. Provides tools for retaining sellers, tracking revenue streams, APIs for underwriting, financial and regulatory risks, and payment processing for users.
- Website
- www.parafin.com/
- Email ID
- *****@parafin.com
- Registered Address
- PO BOX 761748,SAN ANTONIO,TX,78245,15
Key Metrics
Founded Year
2020
Location
San Francisco, United States
Stage
Series C
Total Funding
$190M in 8 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 17, 2024
Investors
Ranked
2nd among 4 active competitors
Employee Count
152 as on Jun 30, 2026
Legal entities associated with Parafin
Parafin is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PARAFIN, INC. CIN: 32061744655 , United States, Active | Oct 07, 2016 | - | 74 (As on Dec 31, 2023) | - |
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Parafin's funding and investors
Parafin has raised a total funding of $190M over 8 rounds. Its first funding round was on Sep 2021. Its latest funding round was a Conventional Debt round on Jun 18, 2026 for $*****. 2 investors participated in its latest round. Parafin has 13 institutional investors and 4 angel investors.
Here is the list of recent funding rounds of Parafin:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 18, 2026 | 4074859 | Conventional Debt | 5991684 | 8522444 | 8977743 | 2666985 |
May 05, 2026 | 1456670 | Conventional Debt | 8257843 | 3018005 | 2291775 | |
Dec 17, 2024 | 2628345 | Series C | 7354610 | 2472670 |
View details of Parafin's funding rounds and investors
Parafin's founders and board of directors
Founder? Claim ProfileThe founders of Parafin is Sahill Poddar. Sahill Poddar is the CEO of Parafin.
Here are the details of Parafin's key team members:
- Sahill Poddar: Co-Founder & CEO of Parafin. They are also an angel investor in 1 startup.Contact Info: 1 email address
View details of Parafin's Founder profiles and Board Members
Parafin's employee count trend
Parafin has 152 employees as of Jun 26. Here is Parafin's employee count trend over the years:
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Parafin's Competitors and alternates
Top competitors of Parafin include Wayflyer, EvoFi and Fundingly. Here is the list of Top 10 competitors of Parafin, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Revenue-based financing platform for e-commerce brands | $1.24B | 75/100 | ||
2nd | Parafin 2020, San Francisco (United States), Series C | Provider of cloud-based platform for revenue-based financing | $190M | 64/100 | |
3rd | EvoFi 2004, Ann Arbor (United States), Unfunded | Online lending platform for e-commerce businesses | - | - | 16/100 |
4th | Fundingly 2012, Miami (United States), Unfunded | Online lending platform for e-commerce and marketplace sellers | - | - | 16/100 |
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Parafin's Investments and acquisitions
Parafin has made no investments or acquisitions yet.
News related to Parafin
Media has covered Parafin for a total of 14 events in the last 1 year, 5 of them have been about partnerships and 4 about company updates.
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Parafin Announces New Credit Facility with Goldman Sachs and One William StreetBusiness Wire•Jun 17, 2026•Parafin
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Ola Electric Raises Rs 780 Crores Via QIPMoneycontrol•Jun 04, 2026•Ola Electric, BNP Paribas Asset Management, Goldman Sachs, Baroda BNP Paribas Mutual Fund and 16 others
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Parafin and NMI Partner to Bring Embedded Financing to Over One Million MerchantsBusiness Wire•Dec 09, 2025•Parafin, Network Merchants
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Parafin and Fullsteam Capital Surpass $125MM in Capital Financing, Powering Small Business GrowthBusiness Wire•Oct 08, 2025•Parafin, Fullsteam
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Parafin Expands Embedded Financing Suite With AI-powered Pay-Over-Time for Small BusinessesBusiness Wire•Sep 24, 2025•Parafin
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Parafin and Gusto Partner to Launch a Payroll Line of Credit for Small BusinessesBusiness Wire•Sep 19, 2025•Parafin, Gusto, Parafin
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