Full-Time
You Choose
Posted on 5/14/2024
Parabola
11-50 employees
Automates workflows for eCommerce businesses
Entry
San Francisco, CA, USA + 1 more
More locations: New York, NY, USA
- Tinkerer
- Problem-solving skills
- Communication skills
- Collaborative
- Unique
- Pushing the team in the right direction
- Solving problems
- Communicating effectively
- Working towards common goals
- Bringing unique contributions to the team
Parabola automates complex workflows for eCommerce and retail businesses, allowing users to convert manual processes into automated flows for improved efficiency and scalability. Its main product is a no-code tool that enables users to create detailed workflows without any coding knowledge. This tool is particularly beneficial for tasks like real-time inventory updates, generating packing lists, and creating order forecasts. Parabola caters to a diverse clientele, from small online retailers to large eCommerce platforms, and operates on a subscription-based model with different pricing tiers based on workflow complexity and volume. The platform also supports API integration, facilitating seamless data transfer and enhancing its functionality. Parabola's goal is to streamline operations for businesses in the retail and eCommerce sectors, making their processes more efficient.
Company Stage
Series B
Total Funding
$42.2M
Headquarters
San Francisco, California
Founded
2017
6 month growth
↓ -14%1 year growth
↓ -14%2 year growth
↑ 7%
Simplify's Take
What believers are saying
- The $24 million Series B funding round led by OpenView provides significant capital for product expansion and team growth.
- Parabola's partnerships with high-profile companies like Flexport, Sonos, and Uber Freight validate its market relevance and potential for widespread adoption.
- The introduction of new features like Table Views and Facebook Ads Integration demonstrates Parabola's commitment to continuous innovation and addressing user needs.
What critics are saying
- The competitive landscape for no-code and low-code platforms is crowded, requiring Parabola to continuously innovate to maintain its edge.
- Reliance on external funding for growth could pose financial risks if future rounds are not secured.
What makes Parabola unique
- Parabola's drag-and-drop interface empowers non-technical teams to automate data processes, setting it apart from more complex, code-heavy solutions.
- The company's focus on collaboration and documentation capabilities enhances team efficiency and data transparency, unlike traditional spreadsheet-based methods.
- Parabola's recent AI-powered features, such as Categorize with AI and Extract with AI, provide advanced data manipulation tools that are accessible to all users.
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