Parsable Closes $40M Series C Funding Round

Parsable, a San Francisco, CA-based provider of a connected worker platform, closed a $40M Series C funding round.

The round was led by Future Fund, with participation from Airbus, Saudi Aramco and B37 Ventures.

The company intends to use the funds to bring its platform to more global enterprises.

Led by Lawrence Whittle, CEO, Parsable provides a SaaS based enterprise platform that powers new agile business processes for industrial giants, including Customers include Corteva, Green Chef, Schlumberger, Scientific Drilling, Silgan, TechnipFMC, Zume, and other category leaders in energy, industrial manufacturing, and consumer packaged goods.
The platform, currently used in over 50 countries, combines “drag and drop” process authoring, integrated collaboration, enterprise-grade mobile work execution, and an analytics and insights engine. Through the platform, users execute sequential processes and collect data inline as they work.
Supervisors and managers can measure work and hand-offs, minimize time gaps in execution, eliminate bottlenecks and identify best practices. Additionally, rich collaboration with chat, pictures, video, and group video calls allows work teams to always be connected to both experts and to one another.

The company has offices in Austin, New York, Vancouver and Dublin, Ireland.



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