Parallel
PrivateLast Round
Series B
Apr 29, 2026
Est. Valuation
$2B
Total Funding Raised
$280M
Momentum Score
25 /100
Company Overview
Parallel is a technology company specializing in advanced artificial intelligence systems that leverage web data through an innovative application programming interface, enhancing user access and computational capabilities on the web.
Sector
AI, Data & Cloud Infrastructure
Verticals
NLP & Conversational AI, API Management, Cloud Infrastructure, Workflow Automation
Business Model
B2B
Customer Profile
Usage-Based SaaS, Data as a Service, Services & Consulting
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parallel Comps
Public and private peers based on sector, stage, and business model.
Parallel Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Apr 29, 2026 | ||||
| Series A | Mar 19, 2026 | ||||
| Series A | Nov 12, 2025 | ||||
| Seed | Aug 18, 2025 | ||||
| Seed | Jan 9, 2024 |
Parallel Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Khosla Ventures | Series A, Series B, Seed |
| Hexa | Series A |
| Sequoia Capital | Series B |
| First Round Capital | Seed, Series A, Series B |
| Terrain | Seed, Series A, Series B |
| Y Combinator | Series A |
| Spark Capital | Series A, Series B |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 29, 2026
$100M round led by Sequoia Capital
- Mar 19, 2026
$20M round completed.
Parallel 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's valuation, stock price, and market status.