Parallel Web Systems
10 known investors
Parallel 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.
Founders & leadership
PA
Parag AgrawalFounder
Investors · 10
Abstract VenturesSan Francisco
Khosla VenturesMenlo Park · $5K – $50M
Moxxie VenturesBoulder · $500K – $2M
Spark CapitalSan Francisco · $500K – $25M
SV AngelSan Francisco
TerrainHunt Valleyvia Eric Stromberg · inferred
AbstractreportedSan Francisco · $250K – $750K
Index VenturesreportedSan Francisco · $540K – $10.8M
Kleiner PerkinsreportedMenlo Park · $500K – $15M
Sequoia CapitalreportedMenlo Park · $4.4M – $214M
In the news
- Parag Agrawal’s Post-Twitter Comeback: AI Startup Parallel Hits $2-Billion Valuationanalyticsinsight.net · 2026
- Parag Agrawal, whom Elon Musk removed as Twitter CEO, deepens partnership with Google for his $2 billion AI search startup Parallel Web Systems - The Times of Indiatimesofindia.indiatimes.com · 2026
- Former Twitter CEO Parag Agrawal’s Parallel Web Systems hits $2 billion in valuationamericanbazaaronline.com · 2026
- Parag Agrawal's startup raises $100M to build a parallel web for AI agents - SiliconANGLEsiliconangle.com · 2026
- Parallel Web Systems hits $2B valuation five months after its last big raise | TechCrunchtechcrunch.com · 2026