Parallel

Palo Alto, United States

Parallel develops a suite of agents and tool APIs for building AI that accesses and utilizes the open web.

$100.0M raised

Apr 2026

Series B

Top Investors

Sequoia CapitalAbstractIndex VenturesKhosla VenturesKleiner Perkins

19,000+ verified contacts

Emails, phones & LinkedIn profiles

How much funding has Parallel raised?

Parallel has raised $100.0M in total funding. The most recent round was Series B. The last funding was announced in April 2026.

Who are Parallel's investors?

Parallel's investors include Sequoia Capital, Abstract, Index Ventures, Khosla Ventures, Kleiner Perkins.

Where is Parallel headquartered?

Parallel is headquartered in Palo Alto, United States.

What does Parallel do?

Parallel develops a suite of agents and tool APIs for building AI that accesses and utilizes the open web.

What stage is Parallel at?

Parallel is at the Series B stage.

Cite this page

Free to use in articles, research, and reference works. Stable URL — will not change. Data on this page last updated April 28, 2026.

MLA

"Parallel — Funding & Investors." VCBacked, April 28, 2026, https://www.vcbacked.co/company/parallel. Accessed June 4, 2026.

APA

VCBacked. (2026). Parallel — Funding & Investors. Retrieved June 4, 2026, from https://www.vcbacked.co/company/parallel

Wikipedia (cite web)

{{cite web |title=Parallel — Funding & Investors |url=https://www.vcbacked.co/company/parallel |website=VCBacked |access-date=June 4, 2026}}

Profile data sourced and verified per the VCBacked methodology. Last funding round dated April 28, 2026.