Parallel (Entertainment Software) Overview

  • Year Founded
  • 2021

Year Founded

  • Status
  • Private

  • Employees
  • 77

Employees

  • Latest Deal Type
  • Early Stage VC

  • Latest Deal Amount
  • $35M

  • Investors
  • 28

Parallel (Entertainment Software) General Information

Description

Developer of a sci-fi card game platform designed to allow users to diversify their cryptocurrency. The company's platform provides NFT-based gaming which allows users to purchase original 3D art of a character, digital collectible cards, and artifacts rendered by the artist on the Ethereum network, enabling users to earn digital currency while playing games.

Contact Information

Website
www.parallel.life
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 180 John Street
  • Toronto, Ontario M5T 1X5
  • Canada
Primary Industry
Entertainment Software
Vertical(s)
Artificial Intelligence & Machine Learning, Gaming, E-Commerce, Cryptocurrency/Blockchain, FinTech
Corporate Office
  • 180 John Street
  • Toronto, Ontario M5T 1X5
  • Canada

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Parallel (Entertainment Software) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Early Stage VC 24-Mar-2024 $35M Completed Generating Revenue
2. Early Stage VC 21-Oct-2021 Completed Generating Revenue
1. Early Stage VC Completed Startup
To view Parallel (Entertainment Software)’s complete valuation and funding history, request access »

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Parallel (Entertainment Software) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Parallel (Entertainment Software) Investors (28)

Investor Name Investor Type Holding Investor Since Participating Rounds
Amber Financial Corporation Minority
Angel (individual) Minority
Big Brain Holdings Venture Capital Minority
Builder Capital Venture Capital Minority
Coinbase Ventures Corporate Venture Capital Minority
You’re viewing 5 of 28 investors. Get the full list »

Parallel (Entertainment Software) Investments (2)

Parallel (Entertainment Software)’s most recent deal was a Early Stage VC with ether.fi for . The deal was made on 13-Mar-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ether.fi 13-Mar-2024 Early Stage VC Financial Software
Octav 12-Sep-2023 Seed Round Financial Software
To view Parallel (Entertainment Software)’s complete investments history, request access »

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Parallel (Entertainment Software) FAQs

  • When was Parallel (Entertainment Software) founded?

    Parallel (Entertainment Software) was founded in 2021.

  • Where is Parallel (Entertainment Software) headquartered?

    Parallel (Entertainment Software) is headquartered in Toronto, Canada.

  • What is the size of Parallel (Entertainment Software)?

    Parallel (Entertainment Software) has 77 total employees.

  • What industry is Parallel (Entertainment Software) in?

    Parallel (Entertainment Software)’s primary industry is Entertainment Software.

  • Is Parallel (Entertainment Software) a private or public company?

    Parallel (Entertainment Software) is a Private company.

  • What is Parallel (Entertainment Software)’s current revenue?

    The current revenue for Parallel (Entertainment Software) is .

  • How much funding has Parallel (Entertainment Software) raised over time?

    Parallel (Entertainment Software) has raised $85M.

  • Who are Parallel (Entertainment Software)’s investors?

    Amber Financial, , Big Brain Holdings, Builder Capital, and Coinbase Ventures are 5 of 28 investors who have invested in Parallel (Entertainment Software).

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