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Parallel

Parallel

Private
TorontoMedia, Entertainment & Gaminghttps://parallel.life/

Last Round

VC Round

Mar 27, 2024

Est. Valuation

$500M

Total Funding Raised

$50M

Company Overview

Parallel is an entertainment software company that develops a sci-fi trading card game platform utilizing blockchain technology and NFTs.

Sector

Media, Entertainment & Gaming

Verticals

Web3 Gaming, Gaming, NFT Platforms, Tokenization, NLP & Conversational AI

Business Model

B2C

Customer Profile

Marketplace Commission, Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

web3 gamingplay-to-earnNFT trading card gameblockchain gamingAI agentsdigital collectiblesautonomous agentscrypto gaminggamefiutility tokenagent protocolAI-native gamesdigital ownershipbattle passon-chain assets

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Parallel Comparables

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Parallel comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Skyweaver
84%
Gods.com
83%
Cross the Ages
83%

Parallel Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMar 27, 2024
Series AOct 21, 2021

Key People

Founding team and executive leadership

Paul Chan

COO

Executive Team

Parallel Investors

Notable investors and investment history

Parallel investors
InvestorRounds
Builder CapitalVC Round
VanEckVC Round
Yunt CapitalSeries A
Solana VenturesVC Round
Solana FoundationVC Round
Focus LabsVC Round, Series A
DevmonsVC Round

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 27, 2025

    Launched on Android in the Philippines.

  • Mar 27, 2024

    $35M raised from Amber Group and Coinbase Ventures.

Parallel Filings

SEC and related filings with document metadata.

Data table
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Parallel Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Parallel's valuation, stock price, and market status.

Firmographic Details

HeadquartersToronto
Employee Range61
Year Founded2021
Last FundingMar 27, 2024

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