Parallel (San Francisco) Overview
- Year Founded
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2023
- Status
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Private
- Employees
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120
- Latest Deal Type
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Series B
- Latest Deal Amount
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$100M
- Investors
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13
Parallel (San Francisco) General Information
Description
Developer of a web search and research infrastructure platform designed to enhance artificial intelligence capabilities with accurate, real-time web data. The company's platform offers high-accuracy search APIs, deep research tools, structured web data extraction, custom enrichment pipelines, and continuous web monitoring with cross-referenced, evidence-based outputs and predictable per-query pricing, enabling AI developers, enterprises, and startups to integrate reliable, verifiable web intelligence into their applications and agent workflows at scale.
Contact Information
Website
www.parallel.aiCorporate Office
- 2261 Market Street
- Suite 5578
- San Francisco, CA 94114
- United States
Corporate Office
- 2261 Market Street
- Suite 5578
- San Francisco, CA 94114
- United States
Parallel (San Francisco) Timeline
Parallel (San Francisco) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 3. Early Stage VC (Series B) | 28-Apr-2026 | $100M | Completed | Generating Revenue | ||
| 2. Early Stage VC (Series A) | 12-Nov-2025 | Completed | Generating Revenue | |||
| 1. Seed Round | 01-Jan-2024 | $30M | $30M | Completed | Stealth |
Parallel (San Francisco) Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-1 | ||||||||
| Series B | ||||||||
| Series A | 1,304,511 | $0.000100 | 8% | $78.67 | $78.67 | 1x | $78.67 | 6.18% |
| Seed | 1,143,603 | $0.000100 | 8% | $26.32 | $26.32 | 1x | $26.32 | 5.42% |
VC Exit Predictor
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Opportunity Score
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Exit Type
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Parallel (San Francisco) Comparisons
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Parallel (San Francisco) Competitors (6)
One of Parallel (San Francisco)’s 6 competitors is Sequence (Business/Productivity Software), a Formerly VC-backed company based in Toronto, Canada.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Sequence (Business/Productivity Software) | Formerly VC-backed | Toronto, Canada | ||||
| Horizon Dev | Corporation | Sheridan, WY | ||||
| Tonita | Venture Capital-Backed | Cupertino, CA | ||||
| Aura Software | Corporate Backed or Acquired | Ede, Netherlands | ||||
| Exa | Venture Capital-Backed | San Francisco, CA |
Parallel (San Francisco) Related Research & Analysis
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Parallel (San Francisco) Signals
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Majestic Referring Domains
Parallel (San Francisco) Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Audacious Ventures | Venture Capital | Minority | ||
| Moxxie Ventures | Venture Capital | Minority | ||
| Scribble Ventures | Venture Capital | Minority | ||
| Sequoia Capital | Venture Capital | Minority | ||
| SV Angel | Venture Capital | Minority |
Parallel (San Francisco) FAQs
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When was Parallel (San Francisco) founded?
Parallel (San Francisco) was founded in 2023.
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Where is Parallel (San Francisco) headquartered?
Parallel (San Francisco) is headquartered in San Francisco, CA.
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What is the size of Parallel (San Francisco)?
Parallel (San Francisco) has 120 total employees.
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What industry is Parallel (San Francisco) in?
Parallel (San Francisco)’s primary industry is Software Development Applications.
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Is Parallel (San Francisco) a private or public company?
Parallel (San Francisco) is a Private company.
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What is the current valuation of Parallel (San Francisco)?
The current valuation of Parallel (San Francisco) is .
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What is Parallel (San Francisco)’s current revenue?
The current revenue for Parallel (San Francisco) is .
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How much funding has Parallel (San Francisco) raised over time?
Parallel (San Francisco) has raised $230M.
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Who are Parallel (San Francisco)’s investors?
Audacious Ventures, Moxxie Ventures, Scribble Ventures, Sequoia Capital, and SV Angel are 5 of 13 investors who have invested in Parallel (San Francisco).
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Who are Parallel (San Francisco)’s competitors?
Sequence (Business/Productivity Software), Horizon Dev, Tonita, Aura Software, and Exa are some of the 6 competitors of Parallel (San Francisco).
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