Fundraising Fox

Parallel Domain

Menlo Park, US · Founded 2017 · Delaware corporation · 6 known investors

paralleldomain.com ↗

Parallel Domain creates synthetic data for autonomous systems development, addressing data generation bottlenecks in the industry. The company serves autonomous vehicle and robotics companies through its PD Replica simulation and synthetic data platform.

AI & Machine LearningData & InfrastructureDeep TechRobotics

Founders & leadership

Parallel Domain was founded in 2017 by Kevin McNamara.

KMKevin McNamara
Kevin McNamarainFounder & Chief Product Officer

Board

SNSunil Nagaraj
Sunil Nagarajin𝕏Board ObserverFounder and Managing Partner at Ubiquity Ventures

Investors · 6

Calibrate VenturesPasadena · $5M
FoundryBoulder · $250K – $15M
March Capital PartnersSanta Monica
RRE VenturesreportedNew York · $5M – $15M
Toyota VenturesreportedLos Altos
Ubiquity Venturesreported · 2 sourcesPalo Alto · $1M – $3Mvia Sunil Nagaraj · board

Reported raises · per SEC filings

Form D private placements

$2.3M disclosed across 1 of 2 rounds · 2018–2024

▶$2.3MraisedApr 2018 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin McNamaraExecutive Officer, Director, Promoter
  • Sunil NagarajDirector
Offering amount
$2.6M
Amount sold
$2.3M
First sale
Mar 2018
Incorporated
Corporation, Delaware, 2017
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap
Parallel Web Systems7 shared keywordsParallel builds infrastructure for AI agents to access, reason over, and transact with web data through declarative interfaces and open, verifiable markets. The platform serves AI systems that need structured access to distributed data, computation, and reasoning capabilities.
Parallels6 shared keywordsParallels develops digital workplace and remote application solutions that enable organizations to reduce hardware waste and carbon footprints by optimizing existing infrastructure across cloud, on-premises, and hybrid environments. The company's products include remote application servers, desktop virtualization, and browser isolation tools designed to support energy-efficient remote work.
Parallel Learning3 shared keywordsParallel provides evidence-based services and assessment tools for schools and education providers to support students with learning differences. The platform connects educators and specialists to help diagnose and address conditions like dyslexia and ADHD.

Companies competing with Parallel Domain for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 1 SBIR/STTR award

Federal grants — no equity taken
AgencyPhaseYearAmount
U.S. Air ForceAir ForcePhase I2019$49.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Kevin McNamara, CEO & Founder of Parallel Domain: $44 Million Raised to Power the Future of Autonomyfrontlines.io · Sep 2024Parallel Domain Raises $30M in Series B Fundingfinsmes.com · Nov 2022Parallel Domain Raises $30M to Super-Train AI with Synthetic Dataparalleldomain.com · Nov 2022Parallel Domain says autonomous driving won't scale without synthetic data | TechCrunchtechcrunch.com · Nov 2022Parallel Domain raises $11 million to generate synthetic data for AI model training | VentureBeatventurebeat.com · Dec 2020Parallel Domain Raises $11 Million Series A to Accelerate Computer Vision Developmentprnewswire.com · Dec 2020

Frequently asked questions

What does Parallel Domain do?
Parallel Domain creates synthetic data for autonomous systems development, addressing data generation bottlenecks in the industry. The company serves autonomous vehicle and robotics companies through its PD Replica simulation and synthetic data platform.
Who founded Parallel Domain?
Parallel Domain was founded by Kevin McNamara in 2017.
Who are Parallel Domain's investors?
Parallel Domain's investors include Calibrate Ventures, Foundry, March Capital Partners, RRE Ventures, Toyota Ventures, Ubiquity Ventures.
How much funding has Parallel Domain raised?
Parallel Domain has disclosed $2.3M raised across 1 of its 2 known rounds.
Where is Parallel Domain headquartered?
Parallel Domain is headquartered in Menlo Park, US.