Insights

Access Economy Target partnerships with professional services and production studios that require frequent, high-value gear but prefer a rental/subscription model, highlighting Parachut’s flexible access to premium equipment and cost efficiency over ownership.

Marketplace Growth Position Parachut as a scalable platform for gear sharing in corporate teams and freelance creatives, emphasizing membership plans that convert unused assets into recurring revenue while reducing storage clutter—a compelling angle for asset-intensive industries.

Strategic Partnerships Explore collaborations with photography schools, film studios, and media agencies to onboard students and professionals as members or contributors, accelerating user growth and driving repeat usage through education and experiential programs.

Tech Enabled Leverage Parachut’s tech stack and data tools to offer personalized recommendations, usage analytics, and loyalty incentives, enabling cross-sell opportunities for upgrade paths or premium gear access to existing members.

Growth Readiness Highlight the market need for responsible consumption and sharing to potential investors and enterprise clients, using the platform’s Access or Share models to address sustainability trends while unlocking new revenue streams from underutilized equipment.

Similar companies to Parachut

Parachut Tech Stack

Parachut uses 8 technology products and services including The Trade Desk, Mixpanel, iCIMS, and more. Explore Parachut's tech stack below.

Media & News

Parachut's Email Address Formats

Parachut uses at least 1 email format:
Parachut Email FormatsExamplePercentage
First@parachut.coJohn@parachut.co
100%

Frequently Asked Questions

What is Parachut's stock symbol?

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Parachut is a publicly traded company; the company's stock symbol is PARUSD.

What is Parachut's official website and social media links?

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Parachut's official website is parachut.co and has social profiles on LinkedIn.

How much revenue does Parachut generate?

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As of July 2026, Parachut's annual revenue is estimated to be <$1M.

What is Parachut's NAICS code?

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Parachut's NAICS code is 334 - Computer and Electronic Product Manufacturing.

How many employees does Parachut have currently?

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As of July 2026, Parachut has approximately 11 employees across 1 continents, including North America. Key team members include Manager Of Sales: M. Y., Software Developer: S. S. and Developer: S. W. Explore Parachut's employee directory with LeadIQ.

What industry does Parachut belong to?

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Parachut operates in the Consumer Electronics industry.

What technology does Parachut use?

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Parachut's tech stack includes The Trade Desk, Mixpanel, iCIMS, WordPress, CookieYes, Segment, Vercel and Piwik PRO Core.

What is Parachut's email format?

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Parachut's email format typically follows the pattern of First@parachut.co. Find more Parachut email formats with LeadIQ.

When was Parachut founded?

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Parachut was founded in 2016.
Parachut logo

Parachut

Consumer ElectronicsUtah, United States11-50 Employees

Parachut operates in the computers and electronics manufacturing sector, offering a shared-access model for consumer and business gear. It enables members to access a range of equipment on a subscription basis or to contribute items for others to use, aiming to reduce ownership burdens and encourage more efficient use of resources. The service emphasizes flexibility, allowing customers to access different items as needed and for varying durations, rather than committing to purchase. Based in Lehi, Utah, the company positions itself as part of the Access Economy, focusing on enabling responsible consumption through sharing and collective access to gear.

Section iconCompany Overview

Stock Symbol
PARUSD
NAICS Code
334 - Computer and Electronic Product Manufacturing
Founded
2016
Employees
11-50

Section iconFunding & Financials

  • <$1M

    Parachut's revenue is estimated to be in the range of <$1M

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