Parallel Corporation
PrivateLast Round
Series C
Mar 20, 2024
Total Funding Raised
$23.61M
Company Overview
Parallel Corporation is a technology company that develops and operates Parallel, a social networking and voice communication platform designed for gamers to connect and interact while playing games.
Sector
Media, Entertainment & Gaming
Verticals
Gaming, Social Media, Enterprise Communication, User-Generated Content
Business Model
B2C
Customer Profile
Freemium
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parallel Corporation Comps
Public and private peers based on sector, stage, and business model.
| Company | Status | Est. Valuation | Rev Multiple |
|---|---|---|---|
| OpenAI | Private | $86.0B | ~40x |
| Cohere | Private | $5.0B | -- |
| Competitor 1 | Public | $XX.XB | XXx |
| Competitor 2 | Public | $XX.XB | XXx |
Parallel Corporation Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series C | Mar 20, 2024 | ||||
| Series B | Jun 11, 2021 | ||||
| Series A | Aug 26, 2020 | ||||
| Seed | Aug 1, 2020 |
Parallel Corporation Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| JAFCO Group Co., Ltd. | Series B, Series C |
| KDDI Open Innovation Fund 3号 | Series C |
| ADWAYS Ventures | Series C |
| Shizuoka Capital | Series C |
| Resona Capital | Series C |
| ANRI株式会社 | Series B, Seed, Series A |
| Mitsubishi UFJ Capital | Series B, Series C, Series A |
Parallel Corporation 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 Corporation's valuation, stock price, and market status.