How Much Did Parable Raise?
Funding & Key Investors

Parable has secured $28K in total capital, with a recent infusion of $28K designated for substantial expansion. This significant funding round, indicative of a Series B/C stage, underscores the company's strategic growth trajectory in the Christian retail market.

The latest financing event, occurring on January 20, 2021, provided the company with crucial investment to fuel its next phase of development and market penetration.

What is Parable?

Parable
RetailRecord, Video & Book StoresFlowers, Gifts & Specialty Stores

Parable operates as a dedicated retailer specializing in Christian literature, Bibles, music, gifts, and essential church supplies. The company's extensive product catalog encompasses non-fiction and fiction titles, devotional materials, and a diverse selection of Bible versions catering to individuals of all ages. Parable.com serves as a comprehensive online resource for individuals pursuing spiritual enrichment, families seeking faith-based children's literature, and churches requiring supplies for their operations. The platform aims to be the preeminent source for Christian resources and inspirational content.

How much funding has Parable raised?

Parable has raised a total of $28K across 1 funding round:

2021

Debt

$28K

Debt (2021): $28K with participation from PPP

Key Investors in Parable

PPP

Public-Private Partnership

What's next for Parable?

With the recent substantial expansion capital, Parable is poised for significant growth. The company is likely to focus on enhancing its e-commerce platform, expanding its product offerings, and potentially broadening its market reach through strategic partnerships or increased marketing efforts. This investment signals confidence from backers in Parable's business model and its capacity to scale within the niche market of Christian retail. Future developments may include technological advancements to improve customer experience and supply chain efficiency, solidifying its position as a leading provider of Christian resources.

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Frequently Asked Questions Regarding Parable Financial Insights

What are the most recent funding rounds that Parable has completed, and what were the funding rounds?
Parable has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Parable has raised to date?
Parable has raised a total of $28K in funding to date.
How many funding rounds has Parable completed?
Parable has completed 1 funding rounds.
How much funding did Parable raise in its most recent funding round?
Parable raised $28K in its most recent funding round.
Who are the lead investors in Parable's latest funding round?
The lead investor in Parable's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Parable's history?
The largest funding round in Parable's history was $28K.
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