Parallel (Social/Platform Software) Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Latest Deal Type
  • Series C

  • Latest Deal Amount
  • $7.65M

  • Investors
  • 22

Parallel (Social/Platform Software) General Information

Description

Developer of a virtual hangout platform designed to share content with friends. The company's calling application allows creating online experiences that are similar to meeting and playing with friends in the real world, as well as enjoying common content, enabling users to communicate easily while sharing time with friends and family in everyday fun activities such as movies, live concerts, and shopping.

Contact Information

Website
www.parallelcorp.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • Keyaki House 101
  • 3-19-10 Nishiazabu, Minato-ku
  • Tokyo, 106-0031
  • Japan
Primary Industry
Social/Platform Software
Other Industries
Social Content
Vertical(s)
SaaS, Gaming, Mobile
Corporate Office
  • Keyaki House 101
  • 3-19-10 Nishiazabu, Minato-ku
  • Tokyo, 106-0031
  • Japan

Parallel (Social/Platform Software) Timeline

2022202320242025
Financing Round

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Parallel (Social/Platform Software) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Later Stage VC (Series C) 20-Mar-2024 $7.65M Completed Generating Revenue
2. Early Stage VC (Series B) 10-Jun-2021 Completed Generating Revenue
1. Seed Round 07-Aug-2020 $4.28M $4.28M Completed Generating Revenue
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Parallel (Social/Platform Software) Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
C Preferred Shares
BB Class Preferred
Class B Preferred
AA Class Preferred
Class A Preferred 588 $4619.43 $4619.43 1x $4619.43 18.98%
Class A shares 480 $4619.43 $4619.43 1x $4619.43 15.49%
To view Parallel (Social/Platform Software)’s complete cap table history, request access »

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Parallel (Social/Platform Software) Investors (22)

Investor Name Investor Type Holding Investor Since Participating Rounds
Adways Ventures Corporate Venture Capital Minority
NTT Docomo Ventures Corporate Venture Capital Majority
Resona Capital Corporate Venture Capital Minority
Shizuoka Capital Corporate Venture Capital Minority
Yamaguchi Capital Corporate Venture Capital Minority
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Parallel (Social/Platform Software) FAQs

  • When was Parallel (Social/Platform Software) founded?

    Parallel (Social/Platform Software) was founded in 2017.

  • Where is Parallel (Social/Platform Software) headquartered?

    Parallel (Social/Platform Software) is headquartered in Tokyo, Japan.

  • What industry is Parallel (Social/Platform Software) in?

    Parallel (Social/Platform Software)’s primary industry is Social/Platform Software.

  • Is Parallel (Social/Platform Software) a private or public company?

    Parallel (Social/Platform Software) is a Private company.

  • What is the current valuation of Parallel (Social/Platform Software)?

    The current valuation of Parallel (Social/Platform Software) is .

  • What is Parallel (Social/Platform Software)’s current revenue?

    The current revenue for Parallel (Social/Platform Software) is .

  • How much funding has Parallel (Social/Platform Software) raised over time?

    Parallel (Social/Platform Software) has raised $27.3M.

  • Who are Parallel (Social/Platform Software)’s investors?

    Adways Ventures, NTT Docomo Ventures, Resona Capital, Shizuoka Capital, and Yamaguchi Capital are 5 of 22 investors who have invested in Parallel (Social/Platform Software).

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