Fundraising Fox

Parallel Dots

Lewes, US · Founded 2017 · Delaware corporation · 436 employees on LinkedIn · 1 known investors

Find your way into Parallel Dots

93 people in our graph share verified history with the Parallel Dots team — schools, employers, funds. One of them is your warm intro.

Deepanshu Pattanayakunlockedknows Ankit Narayan Singh · together at Indian Institute of Technology, Kharagpur (overlapped)
×9knows the team · via Indian Institute of Technology, Kharagpur
×2knows the team · via Alstom Power

ParallelDots offers AI-based capabilities delivered through REST APIs, deeplinks, and native mobile SDKs for integration into complementary solutions such as SFA or CRM applications. It runs a partner program aimed at solution providers serving enterprise and Fortune 500 clients.

Founders & leadership

Parallel Dots was founded in 2017 by Angam Parashar, Ankit Narayan Singh, and Muktabh Mayank Srivatsava.

APAngam Parashar
Angam ParasharinCo-Founder & CEO
ANAnkit Narayan Singh
Ankit Narayan SinghinCo-Founder & CTO, ParallelDotsAnkit Narayan Singh is co-founder and CTO of ParallelDots, an AI-powered SaaS platform he established in 2014 that serves enterprise and Fortune 500 clients across NLP, medical, and retail AI domains. He holds a degree from IIT Kharagpur and has published research in ACL SemEval and IEEE, along with holding three U.S. patents in retail AI and computer vision.
MM
Muktabh Mayank SrivatsavaCo-founder

Investors · 1

Reported raises · per SEC filings

Form D private placements

$3.3M disclosed across 1 round · 2022

$3.3MraisedApr 2022 · 2 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Angam ParasharExecutive Officer, Director
  • Ankit Narayan SinghDirector
  • Muktabh Mayank SrivatsavaDirector
Offering amount
$6M
Amount sold
$3.3M
First sale
Mar 2022
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 · 8

by search overlap
Lightspeed194 shared keywordsLightspeed provides a point-of-sale and payments platform that lets retail and hospitality businesses sell in person, online, and on social channels from one connected system. It offers inventory management, integrations, embedded funding, and B2B wholesale ordering for merchants across more than 100 countries.
Repsly125 shared keywordsRepsly provides a retail execution platform with a mobile app for field sales reps and a web app for managers, including AI-powered image recognition to detect on-shelf gaps and territory planning tools. It serves consumer goods brands and their field teams to manage merchandising, promotions, product launches, and territory coverage at retail.
Axonify123 shared keywordsAxonify offers an AI-powered frontline enablement platform that combines microlearning, task execution, and analytics to train and coordinate frontline workers. It serves enterprises with large deskless workforces across sectors such as retail and financial institutions.
SafetyCulture119 shared keywordsA workplace operations platform that helps organizations manage safety, quality, and operational processes through digital checklists, inspections, and reporting tools.
Ailet113 shared keywordsAilet uses computer vision and AI to automate shelf data collection and provide real-time in-store visibility for retailers, consumer packaged goods companies, and pharmaceutical businesses seeking process optimization and operational cost reduction.
Nielseniq113 shared keywordsNIQ provides consumer intelligence and market data analytics powered by AI, serving CPG manufacturers, retailers, and technology companies across 90+ countries. The platform processes trillions of data records weekly to deliver insights on consumer behavior, product performance, and market trends.
Corporatefinanceinstitute104 shared keywordsCorporate Finance Institute offers an online specialization program teaching finance professionals how to integrate environmental, social, and governance (ESG) factors into financial analysis, valuation, and investment decision-making. The program covers ESG frameworks, sustainability integration, greenhouse gas accounting, and climate risk management across eight core courses.
PAZO98 shared keywordsPazo builds mobile-first task management and verification software for frontline workers in retail, facilities, security, and hospitality. The platform replaces paper checklists with photo-based task verification and uses AI to analyze compliance and operational data in real time.

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

In the news

Frequently asked questions

What does Parallel Dots do?
ParallelDots offers AI-based capabilities delivered through REST APIs, deeplinks, and native mobile SDKs for integration into complementary solutions such as SFA or CRM applications. It runs a partner program aimed at solution providers serving enterprise and Fortune 500 clients.
Who founded Parallel Dots?
Parallel Dots was founded by Angam Parashar, Ankit Narayan Singh, Muktabh Mayank Srivatsava in 2017.
Who are Parallel Dots's investors?
Parallel Dots's investors include Btomorrow Ventures.
How much funding has Parallel Dots raised?
Parallel Dots has disclosed $3.3M raised across 1 round.
Where is Parallel Dots headquartered?
Parallel Dots is headquartered in Lewes, US.