Parallel
PrivateLast Round
Series B
Apr 29, 2026
Est. Valuation
$2B
Total Funding Raised
$260M
Momentum
Top 5%
of companies Caplight tracks
Company Overview
Parallel is a technology company that provides web infrastructure and research APIs designed to enable AI agents to access, search, and extract structured data from the open web.
Sector
AI, Data & Cloud Infrastructure
Verticals
Cloud Infrastructure, Data Governance, ML Platforms, Defense Tech, Compliance & Risk
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Foundation
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.
| Company | Similarity | Market Cap |
|---|---|---|
| Parallel Works | 77% | |
| Palo Alto Networks | 76% | |
| NVIDIA | 71% |
Parallel Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Apr 29, 2026 | ||||
| Series A | Nov 12, 2025 | ||||
| Seed | Aug 18, 2025 | ||||
| Seed | Jan 9, 2024 |
Parallel Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Khosla Ventures | Series A, Series B, Seed |
| Sequoia Capital | Series B |
| First Round Capital | Seed, Series A, Series B |
| Terrain | Seed, Series A, Series B |
| Spark Capital | Series A, Series B |
| Index Ventures | Seed, Series B, Series A |
| Kleiner Perkins | Series B, Series A |
Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 24, 2026
Grew 64% quarter-over-quarter, from 77 to 126 employees.
- Jul 28, 2026
Grew 74% QoQ, from 68 to 118 employees.
Recent news
Latest coverage and updates
- launchesSep 15, 2026
Parallel launched Search Capability Leaderboard on Sep 15th '26.
- partners_withJul 16, 2026
Parallel Web Systems Inc. partnered with Google on Jul 16th '26.
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)?
Parallel's valuation is estimated at $2.0B based on funding round data.
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 B on April 29, 2026.
Who are the main investors in Parallel?
Key investors in Parallel include Khosla Ventures, Sequoia Capital, Index Ventures, Kleiner Perkins.
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.