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Posted on 5/14/2024

Parabola

Parabola

11-50 employees

Automates data processes with drag-and-drop interface

Data & Analytics
Robotics & Automation
Consumer Software
Enterprise Software
Consumer Goods

Entry

San Francisco, CA, USA + 1 more

Category
Creative Writing
Content & Writing
Required Skills
Communications
Requirements
  • Tinkerer
  • Problem-solving skills
  • Communication skills
  • Collaborative
  • Unique
Responsibilities
  • Pushing the team in the right direction
  • Solving problems
  • Communicating effectively
  • Working towards common goals
  • Bringing unique contributions to the team

Parabola offers a platform that enables non-technical teams to automate complex data processes through a drag-and-drop interface, with a focus on collaboration and documentation. The product allows users to access, manipulate, and act on data from various sources, serving companies like Flexport, Sonos, Uber Freight, and Durex.

Company Stage

Series B

Total Funding

$42.2M

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

-4%

1 year growth

2%

2 year growth

2%
Simplify Jobs

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.
INACTIVE