Parallel Health Overview

  • Year Founded
  • 2020

Year Founded

  • Status
  • Private

  • Employees
  • 9

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Latest Deal Amount
  • $68.1K

  • Investors
  • 15

Parallel Health General Information

Description

Developer of personalized microbiome-based dermatology products designed to address skin conditions and signs of aging by targeting harmful bacteria. The company offers genomic sequencing-based skin testing, personalized phage therapy, dermatologist consultations, and customized skincare formulations, helping individuals with acne, eczema, rosacea, inflammation, and other skin concerns to receive targeted skincare and personalized treatment.

Contact Information

Website
www.parallelhealth.io
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 584 Castro Street
  • Suite 3001
  • San Francisco, CA 94114
  • United States
Primary Industry
Clinics/Outpatient Services
Other Industries
Personal Products
Vertical(s)
LOHAS & Wellness, Artificial Intelligence & Machine Learning, Life Sciences
Corporate Office
  • 584 Castro Street
  • Suite 3001
  • San Francisco, CA 94114
  • United States

Parallel Health Timeline

2023202420252026
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 11M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Parallel Health Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Accelerator/Incubator 29-Oct-2026 $68.1K Completed Generating Revenue
6. Seed Round 01-Nov-2023 Completed Generating Revenue
5. Accelerator/Incubator 20-Mar-2023 Completed Generating Revenue
4. Seed Round 28-Jun-2022 Completed Generating Revenue
3. Seed Round 01-May-2021 Completed Startup
2. Accelerator/Incubator 08-Feb-2021 $100K $100K Completed Startup
1. Accelerator/Incubator Completed Startup
To view Parallel Health’s complete valuation and funding history, request access »

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Parallel Health Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • 6

    Pending

  • Expiring in next 12 mo

Parallel Health Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2026164623-A1 Compositions and methods of use thereof for bacteriophage stabilization Pending 31-Jan-2025
EP-4627150-A1 Disposable personal care products composed of nonwoven fabrics coated with bacteriophages to prevent and reduce bacterially caused skin problems Pending 29-Nov-2022
US-20260191922-A1 Disposable personal care products composed of nonwoven fabrics coated with bacteriophages to prevent and reduce bacterially caused skin problems Pending 29-Nov-2022
WO-2024118851-A1 Disposable personal care products composed of nonwoven fabrics coated with bacteriophages to prevent and reduce bacterially caused skin problems Inactive 29-Nov-2022
EP-4308735-A1 Microbiome identification and bacteriophage formulations Pending 19-Mar-2021 A61P17/10
To view Parallel Health’s complete patent history, request access »

Parallel Health Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Parallel Health Investors (15)

Investor Name Investor Type Holding Investor Since Participating Rounds
Hub71 Accelerator/Incubator
Axial (San Francisco) Venture Capital Minority
Crista Galli Ventures Venture Capital Minority
Era VC Venture Capital Minority
Hyphen Capital Impact Investing Minority
You’re viewing 5 of 15 investors. Get the full list »

Ready to get started?

Request a free trial

Parallel Health FAQs

  • When was Parallel Health founded?

    Parallel Health was founded in 2020.

  • Where is Parallel Health headquartered?

    Parallel Health is headquartered in San Francisco, CA.

  • What is the size of Parallel Health?

    Parallel Health has 9 total employees.

  • What industry is Parallel Health in?

    Parallel Health’s primary industry is Clinics/Outpatient Services.

  • Is Parallel Health a private or public company?

    Parallel Health is a Private company.

  • What is Parallel Health’s current revenue?

    The current revenue for Parallel Health is .

  • How much funding has Parallel Health raised over time?

    Parallel Health has raised $3.17M.

  • Who are Parallel Health’s investors?

    Hub71, Axial (San Francisco), Crista Galli Ventures, Era VC, and Hyphen Capital are 5 of 15 investors who have invested in Parallel Health.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read more

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process