How much funding has Paravel raised?

Paravel has raised $3.2M in total funding, most recently a Seed round.

Who are Paravel's investors?

Paravel's investors include 8VC, Fitz Gate Ventures.

Where is Paravel headquartered?

Paravel is headquartered in New York, New York, United States.

What industry is Paravel in?

Paravel operates in Retail, Travel & Hospitality.

Paravel

The world's most sustainable travel company.

New York, United States · Founded 2016 · $3.2M raised

Retail

Travel & Hospitality

Headquarters: New York, New York
Employees: 11–50
Founded: 2016
Business Model: B2C

Website: tourparavel.com
Total Funding: $3.2M
Last Round: $3.2M SeedAug 2018
Rounds: 1

About

Paravel is a sustainable travel brand designing eco-friendly luggage, bags, and organizers made from recycled materials. Founded in New York in 2016, the company targets environmentally conscious travelers with premium carry-ons and accessories, having offset over 26,800 tonnes of CO2 and recycled more than 8 million plastic bottles. In late 2025 Paravel was acquired by UK luggage brand Antler following a liquidation process.

Summary

Paravel is a Retail company based in New York, United States, founded in 2016. It has raised $3.2M in total across 1 round, most recently a $3.2M Seed round in Aug 2018. Investors include 8VC and Fitz Gate Ventures.