When was Parsons founded?

Parsons was founded in 1944 and raised its 1st funding round 69 years after it was founded.

Where is Parsons located?

Parsons is headquartered in Washington, DC, United States. It is registered at Pasadena, California.

How many employees does Parsons have?

As of Mar 31, 2026, the latest employee count at Parsons is 20062.

Is Parsons a funded company?

Parsons is a funded company, having raised a total of $***** in its 1st and only funding round, a Grant (prize money) round on Jul 01, 2013.

When was the latest funding round of Parsons?

Parsons' latest funding was a $***** Grant (prize money) round on Jul 01, 2013, with participation from 1 investor.

What is the annual revenue of Parsons?

Annual revenue of Parsons is $4.01B as on Dec 31, 2024.

Where does Parsons rank among its competitors?

Parsons ranks 15th amongst 6754 active competitors, of which 189 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was ITT, which secured an undisclosed amount in Feb, 2026.

Who are the top competitors of Parsons?

Parsons' top competitors include Thales, Airbus and Lockheed Martin. Among them, ITT secured the most recent funding round in February, 2026.

Parsons - 2026 Company Profile, Funding, Competitors & Financials

Parsons is a public company based in Washington, DC (United States), founded in 1944. It operates as a Provider of cyber security, infrastructure, and other services. Parsons has raised an undisclosed amount in funding. The company has 6754 active competitors, including 189 funded and 594 that have exited. Its top competitors include companies like Thales, Airbus and Lockheed Martin.

Company Details

Website: www.parsons.com/
Social
Email ID: *****@parsons.com
Phone Number: +1 **********
Registered Address: Pasadena, California

Key Metrics

Founded Year

1944

Location

Washington, DC, United States

Stage

Public

Latest Funding Round

Grant (prize money), Jul 01, 2013, $*****

Investors

Hudson Pacific Capital & 1 more

Ranked

15^th among 6754 active competitors

Annual Revenue

$4.01B as on Dec 31, 2024

Employee Count

20,062 as on Mar 31, 2026

Investment & Acquisitions

Altamira Technologies & 22 more

Similar Companies

Thales & 6921 more

Exit Details

Public

View Parsons' full profile

Parsons is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Parsons Corporation CIN: 953232481 , United States, Active	Dec 26, 999	-	10546 (As on Dec 31, 2024)	-
PARSONS SERVICES LIMITED CIN: 12719487 , United Kingdom, Active	Jul 03, 2020	$10.1K (As on Mar 31, 2024)	1 (As on Mar 31, 2025)
PARSONS COMPANY, INC. CIN: 371184579 , United States, Active	Dec 26, 999	-	208 (As on Dec 31, 2024)	-
PARSONS CORP CIN: 275880 , United States, Active	Feb 10, 2019	$4.01B (As on Dec 31, 2024)	18500 (As on Dec 31, 2023)	-

Parsons got listed on May 10, 2019.

Click here to take a look at Parsons's IPO in detail

Parsons has raised funding over 1 round. Its latest funding round was a Grant (prize money) round on Jul 01, 2013 for $*****. 1 investor participated in its latest round. Parsons has 2 institutional investors.

Here is the list of recent funding rounds of Parsons:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 01, 2013	8987732	Grant (prize money)	4878647	7114315	9143635	9264291

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Parsons' employee count trend

Parsons has 20,062 employees as of Mar 26. Here is Parsons's employee count trend over the years:

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Top competitors of Parsons include Thales, Airbus and Lockheed Martin. Here is the list of Top 10 competitors of Parsons, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thales 1893, Paris (France), Public	AI-based software suites for navigation applications	-	VentureTech Alliance, Corda Campus & 3 others	82/100
2nd	Airbus 1969, Blagnac (France), Public	Manufacturer of commercial aircraft, helicopters, satellites, and launch vehicles	-	Soor Capital, Jindal ventures & 8 others	72/100
3rd	Lockheed Martin 1912, Bethesda (United States), Public	Manufacturer of global security and defense airplanes	-	Poku Capital, Liberty Bay Capital & 11 others	72/100
4th	RTX 1922, Arlington (United States), Public	Developer of transformative technologies	-	Military Health, AIAC & 4 others	72/100
5th	ITT 1920, White Plains (United States), Public	Manufacturer of engineered components for industries	-	RWA Wealth Partners, AssetMark & 3 others	71/100
6th	Rolls-Royce 1906, London (United Kingdom), Acquired	Developer of power and propulsion solutions for safety-critical applications	-	Capital Group, ValueAct Capital & 10 others	71/100
7th	BAE Systems 1999, London (United Kingdom), Public	Manufacturer of aerospace and submarine security systems	-	EnCore Group, TTV Capital & 8 others	69/100
8th	L3Harris 1895, Melbourne (United States), Public	Manufacturer of C6ISR system	-	Trilantic Capital Partners North America, Mediterra Capital ... & 4 others	68/100
9th	Aujas 2008, Cupertino (United States), Acquired	Platform for security analytics and risk assessment	$18.9M	Chiratae Ventures, IvyCap Ventures Advisors ... & 6 others	68/100
10th	Optiv Security 1999, Denver (United States), Acquired	Cybersecurity solutions provider securing business potential through risk management and technology	$4.05M	CFT Capital Partners, Glade Brook Capital ... & 8 others	67/100
15th	Parsons 1944, Washington, DC (United States), Public	Provider of cyber security, infrastructure, and other services	-	Hudson Pacific Capital, National Science Foundation ... Read more	65/100

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Parsons has not made any investments yet. Parsons has made 23 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Jan 15, 2026	Acquisition	Altamira Technologies	1999	Dayton (United States)
Oct 02, 2025	Acquisition	Applied Sciences Consulting, Inc.	2005	United States
Jul 01, 2025	Acquisition	CTI	2000	California (United States)