Paravel designs and manufactures a complete system of luggage and accessories that source textiles and leathers from luxury mills and are built to be multifunctional and ultra-lightweight. The company emphasizes design and manufacturing to achieve multifunctionality and light weight. Paravel was co-founded in 2016 by Indré Rockefeller and Andy Krantz and is based in New York City. In August 2018 the company raised $3.2M in seed funding. The financing will be used for international expansion, product development and customer acquisition. No operating metrics were disclosed in the article.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2018