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Parachute Home

Direct-to-consumer premium bedding and home essentials

Overview

Parachute Home sells premium, responsibly sourced home essentials directly to consumers through its online store and select partnerships. It started with bedding and now offers bath linens, mattresses, decor, and furniture, focusing on high-quality materials like Turkish cotton and European flax. The brand uses a direct-to-consumer model supplemented by hospitality partnerships and wholesale arrangements to control the customer experience and avoid typical retail markups. After expanding into furniture, it closed most physical stores to refocus, aiming to provide accessible, well-made home goods through direct sales and strategic partners.

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About Parachute Home

Simplify's Rating
Why Parachute Home is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Industrial & ManufacturingDesignConsumer Goods

Company Size

51-200

Company Stage

Series C

Total Funding

$44.9M

Headquarters

Culver City, CA

Founded

2013

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Simplify's take

What believers are saying

  • Parachute relaunched with Target on June 29, 2026, broadening awareness and trial.
  • The November 6, 2026 recycling program update drives store visits and loyalty discounts.
  • Six remaining stores support design consultations, pickup, and hospitality sales for higher-margin demand.

What critics are saying

  • Parachute closed 19 of 26 stores by mid-2025, exposing weak offline economics.
  • Furniture returns carry a 15% fee, signaling a costly category with poor customer fit.
  • If Target traffic stalls, Parachute loses the scale needed to offset shrinking retail.

What makes Parachute Home unique

  • OEKO-TEX bedding, Turkish cotton, and European flax anchor Parachute’s quality moat.
  • Parachute’s 2026 recycling program accepts any-brand linens, tying sustainability to repeat visits.
  • Target and Nordstrom distribution extends Parachute’s premium positioning beyond its own stores.

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Funding

Total Funding

$44.9M

Below

Industry Average

Funded Over

5 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
$50M
$62M
$100M

Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Disability Insurance
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Hybrid Work Options
  • Commuter Benefits
  • Employee Discount
  • 401(k) Retirement Plan
  • Stock Options
  • Performance Bonus

Company News

RetailWire
Apr 25th, 2025
Target and Parachute Unveil Chic, Affordable Home Must-Haves

Target has partnered with beloved home brand Parachute for an affordable home collection featuring luxurious bedding and bath essentials.

Sourcing Journal
Jun 4th, 2024
Parachute Teams With SuperCircle on Textile Take-Back Program

Los Angeles-based home textiles company Parachute has partnered with reverse-logistics platform SuperCircle to launch a new recycling program for the company's bedding, towels and robes.

Newswire
Nov 27th, 2023
Bed Sheet & Bedding Sets Cyber Monday Deals (2023): Top Quilt & Duvet Sets, Fitted Sheets & More Deals Listed By Deal Stripe

Bed Sheet Bedding Sets Cyber Monday Deals (2023): Top Quilt Duvet Sets, Fitted Sheets More Deals Listed by Deal Stripe . Press Release. •

Newswire
Nov 21st, 2023
Best Bed Sheet & Bedding Sets Black Friday Deals (2023): Early Duvet Sets, Quilt Sets, Bed Sheets & Fitted Sheets Deals Compared By Retail Fuse

Best Bed Sheet Bedding Sets Black Friday Deals (2023): Early Duvet Sets, Quilt Sets, Bed Sheets Fitted Sheets Deals Compared by Retail Fuse . Press Release. •

Newswire
Nov 19th, 2023
Best Bedding & Bed Sheet Sets Black Friday Deals (2023): Best Early Fitted Sheet, Quilt Set, Duvet Set & More Bed Sheet & Bedding Savings Monitored By Deal Tomato

Best Bedding Bed Sheet Sets Black Friday Deals (2023): Best Early Fitted Sheet, Quilt Set, Duvet Set More Bed Sheet Bedding Savings Monitored by Deal Tomato . Press Release. •

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