Parallel18 Overview

  • Investor Type
  • Accelerator/​Incubator

  • Status
  • Active

  • Professionals
  • 1

Professionals

  • Investments
  • 365

  • Portfolio
  • 242

  • Exits
  • 90

Exits

Parallel18 General Information

Company Description

Founded in 2015, Parallel18 is an accelerator firm based in San Juan, Puerto Rico. The firm prefers to make investments in the software sector across Latin America, the United States, and Puerto Rico.

Business Details

Year Founded
2015
Investor Status
Actively Seeking New Investments
Primary Investor Type
Accelerator/Incubator
Other Investor Types
Venture Capital
Corporate Office
  • 1250 Ponce de Leon Avenue
  • 4th Floor, Santurce
  • San Juan, PR 00907
  • United States

Parallel18 Investments (365)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Figuro 03-Apr-2024 Seed Round Business/Productivity Software Generating Revenue
9 Millones 01-Apr-2024 000000000000 0000 Information Services (B2C) Generating Revenue
Konvex 07-Nov-2023 0000 00000 00000 Financial Software Generating Revenue
BoxPower 19-Sep-2023 00000 00000 00.00 Alternative Energy Equipment Generating Revenue
Buzzzy 01-Jun-2023 000000000000 0000 Business/Productivity Software Generating Revenue
GyftGram 01-Jun-2023 000000000000 0000 Other Financial Services Generating Revenue
SkyBlue Analytics 01-Jun-2023 000000000000 0000 Financial Software Startup
RED Atlas 27-Sep-2022 0000 00000 00.00 Business/Productivity Software Generating Revenue
Abacrop 09-Jun-2022 Accelerator/Incubator Business/Productivity Software Generating Revenue
Konvex 25-May-2022 Accelerator/Incubator 00000 Financial Software Generating Revenue
You’re viewing 10 of 365 investments. Get the full list »

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Parallel18 Exits (90)

Company Name Exit Date Exit Type Exit Size
Assist 787 27-Apr-2024 Out of Business
BeanWards 27-Apr-2024 000 00 00000000
Diseñoisleño 27-Apr-2024 000 00 00000000
Gearprices 27-Apr-2024 000 00 00000000
Loveshare 27-Apr-2024 000 00 00000000
SharpFocus 27-Apr-2024 000 00 00000000
Tummelier 27-Apr-2024 000 00 00000000
EventRay 26-Apr-2024 000 00 00000000
LiciMatic 26-Apr-2024 Out of Business
Club Veso 19-Mar-2024 Out of Business
You’re viewing 10 of 90 exits. Get the full list »

Parallel18 Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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Parallel18 Management, Team & Partners (17)

Name Title Deals Funds Boards Office
Mineiry Reyes Operations Coordinator San Juan, PR
Augusto Vincenty Lead Graphic Designer San Juan, PR
Yessica Fontanez Start up Executive San Juan, PR
Daliana Arroyo Start Up Executive San Juan, PR
Hector Jirau Executive Director San Juan, PR
You’re viewing 5 of 17 team members. Get the full list »

Parallel18 Co-Investors (79)

Name With Exits Lead Partner Series Industry
The Ark Fund 4 0 0 Series chart Industry bar
Morro Ventures 0 0 Series chart Industry bar
Alaya Capital 0 0 Series chart Industry bar
Magma Partners 0 0 Series chart Industry bar
Bessemer Venture Partners 0 Series chart Industry bar
You’re viewing 5 of 79 co-investors. Get the full list »

Parallel18 FAQs

  • What is Parallel18?

    Founded in 2015, Parallel18 is an accelerator firm based in San Juan, Puerto Rico.

  • When was Parallel18 founded?

    Parallel18 was founded in 2015.

  • Where is Parallel18 headquartered?

    Parallel18 is headquartered in San Juan, PR.

  • How many investments has Parallel18 made?

    Parallel18 has made 365 investments.

  • What has Parallel18 invested in?

    Parallel18 has made numerous investments in companies like Figuro, 9 Millones, and Konvex within the Business/Productivity Software, Information Services (B2C), and Financial Software industries.

  • What has Parallel18 invested in recently?

    Parallel18's latest investment was on 03-Apr-2024 in Figuro, a company within the Business/Productivity Software industry.

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