Parallel Finance
PrivateLast Round
Strategic
Apr 5, 2022
Est. Valuation
$500M
Total Funding Raised
$29M
Company Overview
Parallel Finance is a decentralized finance company that provides a platform for lending, staking, and borrowing across multiple blockchains to optimize liquidity and earning potential.
Sector
Crypto & Web3
Verticals
DeFi, Staking Platforms, Lending & Credit, Blockchain Infrastructure, Cross-Chain
Business Model
B2C
Customer Profile
Payment Processing Fee, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parallel Finance Comparables
Compare Parallel Finance with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Avara | 82% | |
| Bifrost Finance | 78% | |
| BENQI | 78% | |
Parallel Finance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | Apr 5, 2022 | ||||
| Strategic | Nov 8, 2021 | ||||
| Series A | Aug 30, 2021 | ||||
| Seed | Jun 14, 2021 |
Parallel Finance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Slow Ventures | Series A |
| S32 | Strategic |
| Breyer Capital | Seed |
| Blockchain Capital | Series A |
| Alameda Research | Series A |
| Polychain Capital | Seed, Series A |
| Founders Fund | Seed, Strategic |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 5, 2022
$5M round led by S32 and Coinbase Ventures.
- Aug 30, 2021
$22M round led by Polychain Capital
Parallel Finance Filings
SEC and related filings with document metadata.
| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
Common questions about Parallel Finance's valuation, stock price, and market status.