I raised $100k with my best friend.
Today we’re excited to share Parde: The First Event Bank.
Banks see an event organizer and think: no assets -> no loan.
But these organizers move six figures a night. The money just runs through a ticketing platform no bank can see into.
Parde is the operating system organizers run on, and the bank that funds them.
We funded $84k of our own capital. It returned as $193k in 3 months (2.3x Return).
One ex-event organizer and one Forbes 30u30 engineer inventing the financing for the $1.2T events industry.
We're very thankful to @AdamDraper and @BoostVC for backing two 19-year-old founders.
@GSkrovina I agree. Events are risky for small to mid events but it’s a very lucrative market. Traditional financing signals like credit scores and tax returns just don’t cut it for events. We built a model that looks beyond that.