Parakey
Cloud based access control system providing physical access through smartphone devices
Parakey has raised €3.2M across 4 funding rounds from 3 investors, most recently a round in Feb 2021. Based in Gothenburg, Sweden; founded 2014; active in Hardware and Cybersecurity. Data as of 28 Oct 2026.
Total raised
€3.2M
€3,180,000
Funding rounds
4
Investors
3
distinct backers
Active since
2016-04
latest 2021-02
Funding by year
EUR raised per yearParakey — funding by year — interactive chart.
Data table
| Parakey — funding by year | |
|---|---|
| 2016 | €300k |
| 2017 | €0 |
| 2018 | €880k |
| 2021 | €2.0M |
Signals
Medium confidenceRaise-next likelihood7
base rate 30% for Other
- ▼ Dormant (no round in 3+ cohort gaps)
- ▲ Up-round momentum
Exit likelihood8
base rate 11% (2+ rounds)
- ▲ 4 rounds raised
- ▼ No recent equity round (debt-only or quiet)
Timing: dormant vs cohort gap · momentum up. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
4 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2021-02-03 | Other | €2.0M | — | View deal → |
| 2018-12-07 | Other | €880k | — | View deal → |
| 2017-04-01 | Other | €0 | Chalmers Ventures,Johan Möller | View deal → |
| 2016-04-01 | Seed | €300k | Chalmers Ventures,Qamcom | View deal → |