Parallel 18
AcceleratorSan Juan · Pre-Seed–Growth · 17 people tracked
Find your way into Parallel 18
Each arrow is one introduction. Sign up to fill in the first one.
Ask Emily Erkel to introduce you to Lisa Morales-Hellebo
You →Emily · together at Le Prix →Lisa
Ask Jamie Chen to introduce you to Carol Ramos
You →Jamie · together at Draftfcb →Carol
Ask Sam Okafor to introduce you to Jamie Rodota
You →Sam · together at Sacramento Kings →Jamie
- Dr. Noé E. Crespo77 people can intro you
- Daliana Colón Arroyo63 people can intro you
- Mineiry Ramos Reyes48 people can intro you
Sign up to find every way you can get introduced to Parallel 18
- Your email: who you already know at Parallel 18, and who your contacts know
- 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the Parallel 18 team
- Your LinkedIn: the connections who can make the intro for you
We rank every route by how warm it is, so you raise on warm intros instead of cold emails.
Investment thesis
Parallel18 accelerates and invests in startups from around the world while positioning Puerto Rico as a hub for innovation and technology-driven solutions. Leveraging Puerto Rico's location as a bridge between Latin America and the U.S., competitive taxation, and U.S. legal and regulatory stability, the program offers training, mentorship, and non-dilutive grant funding. Applicants must have a scalable startup with traction, be in operations three years or less, and have a C-level founder willing to relocate to Puerto Rico for the program's duration. It runs three programs: P18 (international accelerator), BioLeap (life sciences incubator), and Xpand (growth-stage community).
Source: firm website, verified Aug 3, 2026.
Team · 17 people
from the firm's website & curated & public directoriesFounder mafia
4 people who came through Parallel 18 went on to found or lead other companies.
What they invest in
from 5 of 8 portfolio companiesAdvanced Manufacturing ×2AI & Machine Learning ×1Cleantech ×1Climate Tech ×1Consumer ×1Developer Tools ×1Direct to Consumer ×1E-commerce ×1
HQs:United States×2Argentina×1Canada×1Colombia×1
Portfolio companies · 8 tracked
alumni founders can tell you what the program is really likeHeimdal manufactures direct air capture equipment that removes CO2 from the atmosphere and stores it permanently, operating facilities in the United States including the nation's largest low-cost capture plant.
Advanced ManufacturingClimate TechDenver, US
Marcus Lima(Founder)inErik Millar(Founder)in
Co-investorsActia PartnersBrighter CapitalBroom VenturesCool Climate CollectiveMetaplanetVoLo Earth Ventures+13 more
No Limbits designs adaptive clothing, including jeans with zippers for prosthesis access and sensory-friendly seamless, tagless apparel for people with disabilities, autism, and ADHD.
Advanced ManufacturingConsumerDirect to ConsumerE-commerceMarion, US
Erica Cole(Executive Officer, Director)
Co-investorsCitrine AngelsOpen Venture CapitalSilicon ValleyThe Disability Opportunity Fund
Wallbit is a fintech platform that allows users in Latin America to open and manage investment accounts denominated in US dollars, trading over 10,000 US-listed instruments including stocks, ETFs, bonds, and crypto with SIPC protection.
FintechBuenos Aires, AR
Rodrigo Vidal(Founder)inTomas Bruzza(Founder)inBraian Fritz(Founder)inMartin Gira(Founder)in
Co-investorsY CombinatorGoodwater CapitalI am the FundRebel Fund
Provides sensor-based indoor environment monitoring to optimize air quality, detect anomalies and improve HVAC performance; founded in Canada in 2017.
AI & Machine LearningCleantechIoTWellness & FitnessToronto, CA
Co-investorsOpen Network LabTechFoundersTechstarsX-HUB TOKYO Global Startup Accelerator
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
Roam StayThalassoToggle Communications
Frequently asked questions
- How many investments has Parallel 18 made?
- Parallel 18 has 8 tracked investments.
- What stage does Parallel 18 invest at?
- Parallel 18 invests at the Pre-Seed, Seed, Growth stages.
- What sectors does Parallel 18 focus on?
- Parallel 18 focuses on Biotech, Sector Agnostic.
- Where is Parallel 18 located?
- Parallel 18 is headquartered in San Juan, PR.
- Does Parallel 18 lead rounds?
- Parallel 18 typically participates in rounds rather than leading them.
From the blog
visit blog ↗Parallel18 launched a redesigned website and brand presence reflecting its ten-year evolution from an equity-free acceleration program into a full investment platform with three distinct programs. The firm has also expanded its Xpand initiative to support local Puerto Rican companies seeking market access and sustainable growth. AI summary
Media · Podcasts & interviews
from their channelP18 Gen. 14 - Info Session with Bianca
Parallel18
Building a Compelling Pitch Deck Masterclass - Business Ready Series by BioLeap
Parallel18
P18 Gen. 13 DemoDay
Parallel18
[Masterclass] Life Science Business Model Canvas Essentials - Business Ready Series by BioLeap
Parallel18
Images
Co-investors · 1
Alchemist Accelerator is a startup accelerator that supports early-stage B2B, enterprise, AI and deep tech companies through mentorship, investor access, and an industry network.
Firms observed investing alongside Parallel 18, from public investor directories. Shared companies are the overlap with Parallel 18's recorded portfolio.
Similar investors
Felicis is a venture capital firm that backs early-stage founders, investing primarily at Seed and Series A across artificial intelligence, cybersecurity and defense, global resilience and energy, and health and bio.
Khosla Ventures is a venture capital firm that backs bold, early-stage, technology-driven companies across deep tech and other sectors, providing hands-on 'venture assistance' to help founders build category-defining businesses.
Starfish Ventures is an Australian venture capital manager focused on high-growth technology and life sciences companies, supporting founders from early stages through global scaling and exit.
SV Angel is a San Francisco-based firm that invests long-term in founders, supporting them with advice, introductions, and network access at key business inflection points.
UTEC is a venture capital firm that invests in seed and early-stage technology companies and is affiliated with the University of Tokyo.









































