Parafin
Parafin provides embedded financial infrastructure, enabling platforms to offer white-labeled capital and financial products to their small business customers.
Secondary Market Price
Secondary Market Price
How Parafin Measures Up
To help you manage your Parafin equity, Prospect has run the company through our machine learning model.
Prospect Rating
2X
Our rating projects that Parafin will be worth at least 2X its current value in 4 years. For an employee with stock options, this suggests your equity could potentially double in value.
Exit Risk
Moderate Risk
Our Moderate Risk rating for Parafin reflects that despite positive signals like scaling quickly and recent fundraising, there remains a medium probability compared to other startups that it may not reach a liquidity event for employees.
Funding Stage
Series C
As a Series C company, Parafin is well-established, which often translates to more job security and clearer roles than you'd find at a brand-new startup. This funding stage is focused on expansion, giving you the opportunity to join a proven company as it grows its operations.
Secondary Market Price Chart
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Prospect Projected Future Parafin Prices
Prospect’s machine learning model has been trained on the same data top-tier investors use to project the likely range of outcomes for Parafin's equity. Create a free account to view 10th-90th percentile projections over 2, 4, and 6 years.
Powerful tools to earn more from your equity
Company Description
Parafin is a financial technology company that provides embedded financial infrastructure for platforms like marketplaces, payment processors, and vertical software-as-a-service (SaaS) companies. It enables these platforms to offer white-labeled financial products—such as capital, spend management, and savings tools—to their small business customers. Parafin’s solution manages the entire stack, including product development, underwriting, capital markets, compliance, and marketing. The company was founded in 2020 in San Francisco by former Robinhood employees Sahill Poddar, Ralph Furman, and Vineet Goel. Their objective was to help small businesses, often underserved by traditional banks, access capital through the platforms they already use for their operations.
The company has several initiatives and partnerships that indicate its direction. Parafin plans to launch new products, such as a business charge card, and expand geographically into Canada and Puerto Rico. It recently launched 'Pay Over Time,' an AI-powered financing option for small businesses to defer expenses. The company also secured a forward-flow commitment of up to $360 million from Cross River to expand its small business financing. Through a partnership with the platform Fullsteam, Parafin has provided over $125 million in financing to small businesses since September 2022. According to company data, Parafin powers platforms that represent over $100 billion in payment volume and serve 700,000 small business customers.
- Thrive Capital
- Ribbit Capital
- SV Angel
- GIC
- Co-Founder, CEO Sahill Poddar
- Co-Founder, CPO Vineet Goel
- Co-Founder, President Ralph Furman
Peer Group Comparison
Vs Peer Group of >$4B Startups
Frequently Asked Questions
Joining Anduril as an employee is another way to acquire equity, typically through stock options included in compensation packages.
Is Parafin worth joining?
Parafin is a well-funded Series B startup with a $520M valuation and backing from top-tier investors like GIC and Thrive Capital. To determine if the company is a good fit for you, you can use a platform like Prospect to independently analyze the value of an equity offer.
What should I do with my Parafin stock?
Managing private stock requires making complex decisions about exercising options and planning for taxes to maximize your potential return. Tools from Prospect can help you create custom strategies for exercising options and prepare for future liquidity events.
Can you sell Parafin stock?
As Parafin is a private company, its shares are not available for trading on public stock exchanges like the NYSE or NASDAQ. Employees may have opportunities to sell shares during company-sanctioned events like tender offers, which can be evaluated using Prospect's tender offer tools.
How can I find the value of my Parafin stock?
Parafin's most recent funding round valued the company at $520M, which serves as a benchmark for its stock's value. For a more personalized forecast, platforms like Prospect use proprietary models to help you project the potential future value of your specific equity grant.
What is Parafin's equity worth?
The company as a whole has a latest valuation of $520M, giving an overall indication of its equity's worth. The actual value of an individual's holdings depends on the number of shares and dilution, which can be modeled with platforms like Prospect.
What is Parafin's stock ticker symbol?
Parafin is a private company and is not listed on a public stock exchange, so it does not have a stock ticker symbol. Ticker symbols are exclusively used to identify publicly traded companies on the stock market.
Can I buy or sell Parafin stock?
Since Parafin is a private company, its stock cannot be bought or sold by the general public on open markets. Employees may acquire shares through their compensation and can sometimes sell them in secondary transactions or tender offers, which platforms like Prospect help navigate.
What is the criteria to buy or invest in Parafin stock?
Investment in private companies like Parafin is typically limited to institutional firms and accredited investors during organized funding rounds. There is no established process for the general public to purchase shares or invest directly in the company.
