
Para Inc
Providing the tools one needs to support gig business.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor | €0.0 | round |
investor | €0.0 | round | |
N/A | €0.0 | round | |
investor investor | €0.0 | round | |
N/A | Series A | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 200 % | 7 % |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
Withpara.com, or simply Para, operates in the gig economy market, providing a suite of tools to enhance the efficiency and profitability of rideshare and food delivery drivers. The startup's primary clientele includes drivers for popular platforms such as Uber, UberEats, Grubhub, and Lyft.
Para's business model revolves around offering features that streamline the delivery process and maximize earnings for drivers. One of its key features is the auto-decline tool, which automatically rejects offers below a certain threshold set by the driver. This feature eliminates the need for drivers to manually sift through low-paying offers, saving them time and effort.
Another significant feature is the geo-filter, which allows drivers to avoid certain areas, such as gated communities or restaurants with poor ratings. This tool not only enhances the driver's safety but also prevents them from wasting time on less profitable or troublesome deliveries.
Para also offers a feature called Para Pay, which gives drivers access to a wide range of delivery jobs. This feature, coupled with the company's partnership with various businesses, ensures that drivers have a steady stream of well-paying jobs.
Moreover, Para provides a platform for drivers to share their experiences with customers and restaurants, creating a community of informed and empowered gig workers.
The startup generates revenue through its app, presumably by charging a fee for access to its premium features or taking a commission from the earnings made through the jobs it provides.
In summary, Para is a driver-focused platform that leverages technology to optimize the gig economy experience, making it more profitable and efficient for rideshare and food delivery drivers.
Keywords: Gig Economy, Rideshare, Food Delivery, Driver Tools, Efficiency, Profitability, Auto-decline, Geo-filter, Para Pay, Community.