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Parallel Domain

Parallel Domain

Private
Palo Alto, CaliforniaAI, Data & Cloud Infrastructurehttps://paralleldomain.com/

Last Round

Series B

Nov 16, 2022

Total Funding Raised

$46.15M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

Parallel Domain is a software company that provides a synthetic data generation and simulation platform to enhance the training and testing of machine learning models for perception teams in autonomous systems.

Sector

AI, Data & Cloud Infrastructure

Verticals

Synthetic Data, Autonomous Vehicles, AI Training Infrastructure, Computer Vision

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Infrastructure

Keywords

synthetic dataautonomous vehicle testingdigital twinsgenerative AIsimulation platformsensor simulationAI training datasynthetic data generationedge case trainingdata generation APIautonomous systemsAI infrastructuredata simulationsynthetic trainingsim-to-real

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Caplight Momentum Score

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Parallel Domain Comparables

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Parallel Domain comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Cognata
86%
Duality AI
86%
Bifrost AI
85%

Parallel Domain Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BNov 16, 2022
Series ADec 9, 2020
SeedDec 13, 2018
SeedMay 1, 2018

Key People

Founding team and executive leadership

Kevin McNamara

Founder, CEO

Founding Team

Zack Novak

Chief Executive Officer & Board Member

Executive Team

Parallel Domain Investors

Notable investors and investment history

Parallel Domain investors
InvestorRounds
Calibrate VenturesSeries B, Series A
Costanoa VenturesSeries B, Series A, Seed
Bessemer Venture PartnersSeed
Toyota VenturesSeries A, Seed
Ubiquity VenturesSeries B, Series A, Seed
Foundry GroupSeries B, Series A
March CapitalSeries B

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 19, 2026

    Zack Novak named new Chief Executive Officer.

  • Jan 23, 2026

    Toyota and Volvo named as customers.

Parallel Domain Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Parallel Domain Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersPalo Alto, California
Employee Range52
Year Founded2017
Last FundingNov 16, 2022

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