Hosted an event with Operators Guild to get some of the best finance operators in Utah out of their (spread)sheets and into the streets (a restaurant). Thanks to all who attended! Don't miss out on the next one - 👏 for an invite to our next event! Matt Boone Madi Rogers Sean Baenziger Daniel Groberg Shane Rowley Diego Romo Steve Wennerholm Brian Pulsipher Cole Skelton Caam Finch Renato V.
About us
A founder's strategic finance partner.... in a product :)
- Website
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https://getparallel.com
External link for Parallel
- Industry
- Software Development
- Company size
- 2-10 employees
- Headquarters
- Lehi, Utah
- Type
- Privately Held
Locations
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Primary
Get directions
Lehi, Utah 84045, US
Employees at Parallel
Updates
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You ready to see something real? Go to getparallel.com.
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Parallel reposted this
What does Monthly Burn look like with 4 employees? - Salaries: $36.7K ($110K salary each) - Payroll Taxes/ Benefits: $12.8K - Rent: $3.5K - Business Insurance: $.3K - Employee Meals & Other related: $.5K - Software: $1K TOTAL: ~$55K (BUT... because the equipment for all 4 of them would've been another $10K, factor in some pen test? That's another $20k? Some random legal issue? Another $5K?... so could be $55K... OR could've been $90K 🤷♂️
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Excited to announce our fundraise and the story behind what we are building! https://lnkd.in/gAikSyXZ
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Being on an FP&A team a pain we felt was the need to strategize with our executive team but constantly being bogged down in manual processes that made it slow to give answers. Especially around the most expense resource - headcount. If you're wasting time reconciling your HR system with the financial model, have Gsheets where hiring plans live, slacking your finance teams for questions around your headcount... we are fixing this and more. Excited to announce our fundraise led by Penny Jar Capital with participation from Peak Capital Partners, Frazier Group, Convoi Ventures, Meridian Ventures and various other investors. What was clear from our first conversation with Bryant Barr was that he knew this problem intimately. Having faced this exact issue at Nike, we knew he could provide unique insight into the problem and how to build a powerful solution.
Parallel Raises $1.85M Pre-Seed led by Penny Jar
blog.getparallel.com