Parker Raises $157M in Funding

▤ Summary

The Jefferies warehouse debt facility includes an uncommitted option to upsize by $50M, for a combined total amount of $120M. Co-founded by Yacine Sibous and Milan Ray, Parker is a charge card for e-commerce. By combining this with customizable, rolling payments terms, the company gives e-commerce businesses a financing model built for their needs. Parker has seen success across mid-market, internet native retailers in industries like apparel, luxury goods, wellness, skincare, beauty, and food & beverage. With over $300M in transaction volume since inception, the solution is used by brands like Amour Vert, Italic, SpikeBall, Canopy, and Caraway.

▦ Linked Companies