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Parallel Ventures

Venture capital

Los Angeles · Pre-Seed–Seed · 8 people tracked

Also known as Parallel (Angel) · Parallel (Angel) (Angel)

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Investment thesis

Parallel invests in wellness-oriented media ventures built around influential talent, aiming to make well-being more human, accessible, and less self-serious. It finances early-stage pilots and helps talent expand their reach into video series, podcasts, and newsletters. Beyond funding, the firm offers strategic services such as passion-mapping workshops, positioning, revenue exploration, and go-to-market planning, plus full operational support spanning development, production, budgets, schedules, and contracts. Parallel leverages the industry relationships of its sister company Waypoint Entertainment, working with high-profile figures to explore complex health and wellness topics through personal, story-driven content.

Source: firm website, verified Sep 27, 2026.

Stage
Pre-Seed–Seed
HQ
Los Angeles, CA, US
Instruments
Equity
Founded
2019
Tracked investments
5
Acquisitions
1

Team · 8 people

from the firm's website & curated & public directories

What they invest in

from 3 of 5 portfolio companies

SaaS ×2AI & Machine Learning ×1Consumer ×1Direct to Consumer ×1Enterprise Software ×1Fintech ×1FoodTech ×1Logistics & Supply Chain ×1

HQs:United States×2

Investments · 5 tracked

founders shown can be your intro path

By year:2023 · 12022 · 12 dated

EarlyBirdgetearlybird.ioin𝕏Seed · Nov 2023 · $4.5MAcquired

EarlyBird offers UGMA custodial investment accounts that let parents and family members invest on behalf of a child, with funds usable for education, a home down payment, starting a business, or other purposes.

ConsumerFintechSaaS

Caleb Frankel(Founder)Jordan Wexler(Founder)

PartnerCourtney Greenbaum· solo GP

Co-investorsAlumni VenturesBridge Venture FundChicago Early Growth Ventures (CEGV)JourneyOne VenturesKairos AngelsRareBreed Ventures+7 more

Happy Vikingdrinkhappyviking.com

Happy Viking makes a plant-based protein shake and meal replacement powder formulated with protein, fiber, superfoods, and pre/probiotics, following a 30g protein plus 10g fiber formulation.

Direct to ConsumerFoodTechWellness & Fitness

Venus Williams(Founder)

Co-investorsSerena Ventures

Nowadaysnowadays.aiinSeed · Feb 2022

Nowadays is an AI-powered platform for corporate event planning that handles tasks from venue sourcing to budget management.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSSan Francisco, US

Anna Sun(Founder)inAmy Yan(Founder)inAnthony Puterman(Cofounder)Justin Tidwell(Cofounder)inDominik Grabinski(Executive Officer, Director)Max Elder(Director)

Co-investorsThe E14 FundY CombinatorBasis Set VenturesBeyond ImpactCornucopian Capital ManagementDecacorn Capital+9 more

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

The Chloe Kim DocumentaryThis Little Light

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Parallel Ventures made?
Parallel Ventures has 5 tracked investments, 1 of which have exited.
What stage does Parallel Ventures invest at?
Parallel Ventures invests at the Pre-Seed, Seed stages.
What sectors does Parallel Ventures focus on?
Parallel Ventures focuses on Consumer, Crypto & Web3, Media & Entertainment, Wellness & Fitness.
Where is Parallel Ventures located?
Parallel Ventures is headquartered in Los Angeles, US.

Images

Parallel Ventures photo

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