The home products producer will use the proceeds from the Grace Beauty Capital-backed series C round to expand its range and open more stores.
US-based bedding and bath products retailer Parachute Home has secured $30m in a series C round featuring Grace Beauty Capital, the strategic investment arm of beauty product distributor Grace Beauty.
The round was led by HIG Growth Partners, the growth equity affilate of private equity firm HIG Capital, and included Upfront Ventures, Susa Ventures, Suffolk Equity, Jaws Ventures and Daher Capital.
Founded in 2014, Parachute sells a range of home, bed and bath products it designs itself, and which are…
