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Parallel Studios

Parallel Studios

Private
TorontoMedia, Entertainment & Gaminghttps://playparallel.com/

Last Round

Seed

Apr 3, 2025

Est. Valuation

$500M

Total Funding Raised

$173.5M

Company Overview

Parallel Studios is a game development company that creates blockchain-enabled video games and sci-fi entertainment experiences.

Sector

Media, Entertainment & Gaming

Verticals

Gaming, Web3 Gaming, NFT Platforms, Tokenization

Business Model

B2C

Customer Profile

Marketplace Commission, Usage-Based SaaS, Subscription SaaS

AI Layer

Application

Keywords

trading card gameTCGweb3 gamingNFT gamedigital collectiblesAI agentsagentic AIblockchain gamingplay-to-ownautonomous NPCsin-game assetsbattle passmicrotransactionssecondary marketsci-fi game

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Parallel Studios Comps

Public and private peers based on sector, stage, and business model.

Parallel Studios comps — public and private peers by sector, stage, and business model
CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Parallel Studios Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
SeedApr 3, 2025
Early FundingMar 27, 2024
Early FundingMar 27, 2024
Series AOct 13, 2021
Series AOct 13, 2021

Parallel Studios Investors

Notable investors and investment history

Parallel Studios investors
InvestorRounds
Builder CapitalEarly Funding
VanEckEarly Funding
Yunt CapitalSeries A
Kima VenturesSeed
Solana VenturesEarly Funding
Solana FoundationEarly Funding
DevmonsEarly Funding

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 27, 2024

    $35M raised from Amber Group and Coinbase Ventures.

Parallel Studios Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Parallel Studios Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersToronto
Year Founded2021
Last FundingApr 3, 2025

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