Parallel develops a suite of agents and tool APIs for building AI that accesses and utilizes the open web.
Parallel has raised $100.0M in total funding. The most recent round was Series B. The last funding was announced in April 2026.
Parallel's investors include Sequoia Capital, Abstract, Index Ventures, Khosla Ventures, Kleiner Perkins.
Parallel is headquartered in Palo Alto, United States.
Parallel develops a suite of agents and tool APIs for building AI that accesses and utilizes the open web.
Parallel is at the Series B stage.
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"Parallel — Funding & Investors." VCBacked, April 28, 2026, https://www.vcbacked.co/company/parallel-palo-alto. Accessed August 14, 2026.
VCBacked. (2026). Parallel — Funding & Investors. Retrieved August 14, 2026, from https://www.vcbacked.co/company/parallel-palo-alto
{{cite web |title=Parallel — Funding & Investors |url=https://www.vcbacked.co/company/parallel-palo-alto |website=VCBacked |access-date=August 14, 2026}}Profile data sourced and verified per the VCbacked methodology · Last funding round dated