Fundraising Fox

Parallel

9 known investors

Building the web with, by, and for AIs.

Founders & leadership

PA
Parag AgrawalinFounderFounder at Parallel Web Systems

Investors · 9

First Round CapitalSan Francisco · $1M – $7M
Abstract VenturesreportedSan Francisco · $250K – $750K
Index VenturesreportedSan Francisco · $540K – $10.8M
Khosla VenturesreportedMenlo Park · $5K – $50M
Kleiner PerkinsreportedMenlo Park · $500K – $15M
ParadigmreportedSan Francisco · $1M – $100M
Sequoia Capitalreported · 2 sourcesMenlo Park · $4.4M – $214M
Spark CapitalreportedSan Francisco · $500K – $25M
TerrainreportedHunt Valley

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Parallel Raises at $2 Billion Valuation to Scale Web Infrastructure for Agentsfinance.yahoo.com · Apr 2026Parallel Web Systems hits $2B valuation five months after its last big raise | TechCrunchtechcrunch.com · Apr 2026Parallel Web Systems Raises $100M in Series B Funding, at $2 Billion Valuationfinsmes.com · Apr 2026Parallel Raises $20M in Series A Fundingfinsmes.com · Mar 2026Parallel Web Systems Raises $100M in Series A Fundingfinsmes.com · Nov 2025NFT sci-fi card game Parallel raises at $500M valuation from Paradigm | TechCrunchtechcrunch.com · Oct 2021

Frequently asked questions

What does Parallel do?
Building the web with, by, and for AIs.
Who founded Parallel?
Parallel was founded by Parag Agrawal.
Who are Parallel's investors?
Parallel's investors include First Round Capital, Abstract Ventures, Index Ventures, Khosla Ventures, Kleiner Perkins, Paradigm, Sequoia Capital, Spark Capital and 1 more.