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Parallel Markets
AcquiredNew York, US · Founded 2020 · Delaware corporation · 8 known investors
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Parallel Markets provides identity, compliance, and onboarding technology for financial services, including KYC/KYB verification, AML monitoring, corporate and investor onboarding, and Regulation D 506(c) accredited investor verification. The company was acquired by iCapital and now operates as iCapital Identity Solutions, with accreditation verifications conducted through affiliated broker-dealer iCapital Markets LLC.
Founders & leadership
Board
Investors · 8
How we know: av.vc · Not right? Tell us
How we know: Comcast Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: Correlation Ventures's portfolio page · Not right? Tell us
How we know: Eniac Ventures's portfolio page · the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Union Square Ventures (USV)'s portfolio page · board seat on SEC Form D · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: a partner's Signal profile · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$20.2M disclosed across 3 rounds · 2020–2023
▶$8.6MraisedApr 2023 · 10 investors · OtherRule 506(b)
- Lawrence PeccatielloExecutive Officer, Director
- Daniel GulatiDirector
- Brian MullerDirector
- Nicholas GossExecutive Officer, Director
- John ButtrickDirector
- Offering amount
- $11.3M
- Amount sold
- $8.6M
- First sale
- Mar 2023
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
▶$7.2MraisedFeb 2022 · 24 investors · OtherRule 506(b)
- Daniel GulatiDirector
- Lawrence PeccatielloExecutive Officer, Director
- Brian MullerExecutive Officer, Director
- Nicholas GossExecutive Officer, Director
- John ButtrickDirector
- Offering amount
- $7.2M
- Amount sold
- $7.2M
- First sale
- Dec 2021
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
▶$4.3MraisedApr 2020 · 23 investors · OtherRule 506(b)
- Brian MullerExecutive Officer, Director
- Nicholas GossExecutive Officer, Director
- Lawrence PeccatielloExecutive Officer, Director
- Offering amount
- $4.3M
- Amount sold
- $4.3M
- First sale
- Mar 2020
- Incorporated
- Corporation, Delaware, 2018
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Founder mafia
3 people who came through Parallel Markets went on to found or lead other companies.
Related companies · 4
Companies working in the same space as Parallel Markets.
In the news
Frequently asked questions
- What does Parallel Markets do?
- Parallel Markets provides identity, compliance, and onboarding technology for financial services, including KYC/KYB verification, AML monitoring, corporate and investor onboarding, and Regulation D 506(c) accredited investor verification. The company was acquired by iCapital and now operates as iCapital Identity Solutions, with accreditation verifications conducted through affiliated broker-dealer iCapital Markets LLC.
- Who are Parallel Markets's investors?
- Parallel Markets's investors include Alumni Ventures, Comcast Ventures, Correlation Ventures, Eniac Ventures, Four Acres Capital, Supernode Ventures, Union Square Ventures (USV), Black Jays Ventures.
- How much funding has Parallel Markets raised?
- Parallel Markets has disclosed $20.2M raised across 3 rounds.
- Where is Parallel Markets headquartered?
- Parallel Markets is headquartered in New York, US.