Parallel
PrivateLast Round
Series A
Mar 19, 2026
Total Funding Raised
$25.35M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Parallel is a healthcare AI company that develops vertical AI agents to automate administrative workflows in hospitals, such as medical coding.
Sector
Enterprise Software
Verticals
Legal Tech, Workflow Automation, Document Management, Compliance
Business Model
B2B
Customer Profile
Subscription SaaS, Services & Consulting
AI Layer
Application
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parallel Comparables
Compare Parallel with similar companies based on industry and business-model similarity.
Parallel Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Mar 19, 2026 | ||||
| Seed | Apr 4, 2025 | ||||
| Pre Seed | Aug 29, 2023 |
Parallel Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Kima Ventures | Seed |
| Frazier Group | Pre Seed |
| Convoi Ventures | Pre Seed |
| Penny Jar Capital | Pre Seed |
| Hexa | Series A |
| Y Combinator | Series A, Seed |
| Better Angle | Seed |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 21, 2026
Monthly visitors increased 66% MoM, reaching 7.9K.
- Jul 17, 2026
Grew 47% QoQ, from 15 to 22 employees.
Parallel Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
Request accessFrequently Asked Questions
Common questions about Parallel's valuation, stock price, and market status.
Is Parallel a public or private company?
Parallel is a private company.
What is the current stock price of Parallel?
Parallel is a private company with no public stock price. No recent secondary market data is available.
How much is Parallel worth (valuation)?
Valuation information for Parallel is not publicly available.
Can I buy Parallel stock?
Parallel shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Parallel's last funding round?
Parallel's most recent funding round was Series A on March 20, 2026.
Who are the main investors in Parallel?
Key investors in Parallel include Penny Jar Capital, Index Ventures, Frst Capital.
Will Parallel IPO soon?
No public IPO plans have been announced for Parallel.
How can I track Parallel secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Parallel's secondary market activity and sign up for updates.