Parsable

Acquired

Parsable was a connected worker platform that replaced paper-based procedures with mobile, interactive digital work instructions for industrial and manufacturing environments. The platform enabled frontline workers in sectors like food and beverage, oil and gas, and chemicals to collaborate in real time, improving productivity, quality, and safety across plant floor operations. Originally founded as Wearable Intelligence in 2013, the company was acquired by CAI Software in September 2024.

Founders Yan-David Erlich, Ryan Junee, Chase Feiger
CEO Yan-David Erlich

Company

Founded
2013
Headquarters
San Francisco, United States

Financials

Total Funding
$128M
Sectors
SaaS
parsable.com Twitter Blog

Funding History

4 rounds
Acquired by CAI Software Sep 25, 2024
Series D Aug 11, 2020
$60M
Activate Capital (Lead) Glade Brook Capital (Lead) Lightspeed Venture Partners Future Fund B37 Ventures Saudi Aramco Energy Ventures Honeywell Ventures Cisco Investments Evolv Ventures Princeville Capital Alumni Ventures Downing Ventures
Series C May 15, 2018
$40M
Future Fund (Lead) B37 Ventures Lightspeed Venture Partners Airbus Ventures Saudi Aramco Energy Ventures
Series B Jun 21, 2016
$20M
Saudi Aramco Energy Ventures (Lead) Schlumberger (Lead) Airbus Ventures (Lead) Lightspeed Venture Partners
Series A Aug 20, 2014
$8M
Lightspeed Venture Partners (Lead) Andreessen Horowitz First Round Capital GV Kleiner Perkins Initialized Capital Subtraction Capital

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.