When was Parea founded?

Parea was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Parea located?

Parea is headquartered in New York City, United States.

How many employees does Parea have?

As of May 31, 2026, the latest employee count at Parea is 1.

Is Parea a funded company?

Parea is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Sep 07, 2023.

When was the latest funding round of Parea?

Parea's latest funding was a $***** Seed round on Sep 07, 2023, with participation from 1 investor. Its primary sector is AI Infrastructure. In United States, the AI Infrastructure sector has seen $241B in funding in 2026 to date.

Where does Parea rank among its competitors?

Parea ranks 96th amongst 239 active competitors, of which 52 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Judgment, which secured an undisclosed amount in May, 2026.

Who are the top competitors of Parea?

Parea's top competitors include Lattice Flow, Openlayer and TurinTech. Among them, Judgment secured the most recent funding round in May, 2026.

Parea - 2026 Company Profile, Team, Funding & Competitors

Company Details

Platform and SDK providing tools for LLM evaluation. The platform provides tools and capabilities for debugging, testing, evaluating, and monitoring large language model applications. Features include prompt playground with function calling and evaluations, custom test collections and evaluation metrics, trace monitoring and analytics, and more.

Website: www.parea.ai/
Social
Email ID: *****@parea.ai

Key Metrics

Founded Year

2023

Location

New York City, United States

Stage

Seed

Total Funding

$500K in 1 round

Latest Funding Round

Seed, Sep 07, 2023, $*****

Investors

Y Combinator

Ranked

96^th among 239 active competitors

Employee Count

1 as on May 31, 2026

Similar Companies

Lattice Flow & 279 more

View Parea's full profile

Parea is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PAREA AI, INC. CIN: -7518789 , United States, Active	Jun 16, 2023	-	-	-

Parea has raised a total funding of $500K over 1 round. Its latest funding round was a Seed round on Sep 07, 2023 for $*****. 1 investor participated in its latest round. Parea has 1 institutional investor.

Here is the list of recent funding rounds of Parea:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 07, 2023	3163892	Seed	2445044	8489203	3513878	3279955

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View details of Parea's funding rounds and investors

The founders of Parea is Joschka Braun.

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

Joschka Braun: Co-Founder of Parea.
Contact Info: 1 email address

View details of Parea's Founder profiles and Board Members

Parea's employee count trend

Parea has 1 employees as of May 26. Here is Parea's employee count trend over the years:

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Top competitors of Parea include Lattice Flow, Openlayer and TurinTech. Here is the list of Top 10 competitors of Parea, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lattice Flow 2020, Switzerland, Series A	Provider of an AI-based platform for building and deploying machine learning models	$14.8M	b2venture, Global Founders Capital & 7 others	62/100
2nd	Openlayer 2021, San Francisco (United States), Series A	Provider of AI evaluation and observability platform for enterprise applications	$19.4M	Quiet Capital, Race Capital & 22 others	62/100
3rd	TurinTech 2017, London (United Kingdom), Series A	Provider of AI development services	$16.3M	IQ Capital, Deep Vision Capital & 2 others	61/100
4th	Promptfoo 2023, San Francisco (United States), Acquired	Open-source tool to test AI applications	$23.6M	Insight Partners, Andreessen Horowitz & 3 others	59/100
5th	Adaptive ML 2023, New York City (United States), Seed	Cloud-based platform for building and testing large language models	$20M	Index Ventures, Iconiq Capital & 5 others	58/100
6th	Latent AI 2018, Menlo Park (United States), Series A	Provider of an ML optimisation platform for edge applications	$22.5M	Future Ventures, Blackhorn Ventures & 12 others	57/100
7th	SplxAI 2023, United States, Acquired	Provider of AI powered pentesting solutions	$8.99M	LAUNCHUB, Inovo Venture Partners & 6 others	56/100
8th	E2B 2023, San Francisco (United States), Series A	Developer of open-source runtime for executing AI-generated code in secure sandboxes	$35M	Insight Partners, KAYA & 10 others	55/100
9th	CentML 2022, Toronto (Canada), Acquired	Provider of AI optimization solutions for software application development	$30.9M	Gradient Ventures, Nvidia & 3 others	55/100
10th	Judgment 2025, San Francisco (United States), Series A	Provider of agent behavior monitoring toolkit for production agent reliability	$32M	Lightspeed Venture Partners, Valor Equity Partners ... & 3 others	54/100
96th	Parea 2023, New York City (United States), Seed	Platform and SDK providing tools for LLM evaluation	$500K	Y Combinator	22/100