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Parallel: Funding, Investors & Team (Sep 2026)

Parallel focus on video environments and platforms uses digital twins, proprietary AI, and massive data sets to bring the customer's perspective into the bidstream. Digital twins, artificial customer clones.

www.helloparallel.com LinkedIn Edgecliff, Australia 1-10 employees
Total raised
$2.8M
Rounds
1
Latest
Seed
Jun 2026

Parallel has raised $2.8M across 1 funding round on record, the most recent a Seed of $2.8M announced in Jun 2026.

That round is in line with the $3.0M median round size for Other companies tracked on FundedIQ over the last two years.

Parallel Company Profile and Key Stats

Total funding raised
$2.8M
across 1 round on record
Funding rounds on record
1
Latest funding round
Seed
$2.8M in Jun 2026
Employees
1-10
reported band
Headquarters
Edgecliff, Australia

Latest funding round on record: Jun 2026.

Parallel Funding Rounds

Date
Round
Amount
Seed
$2.8M

Parallel Founders and Leadership Team

Name
Role
Contact
Parag Agrawal
Founder

No contact details are on record for this team yet.

Parallel Funding Compared to Other Other Startups

Segment
Companies
Median round
1,391
$3.0M
1,156
$4.0M
16,485
$3.1M

Parallel's latest round of $2.8M is in line with the median round in Other. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like Parallel in Other and Edgecliff

Companies Similar to Parallel

Parallel Funding FAQs

What does Parallel do?

Parallel focus on video environments and platforms uses digital twins, proprietary AI, and massive data sets to bring the customer's perspective into the bidstream. Digital twins, artificial customer clones.

How much funding has Parallel raised?

Parallel has raised $2.8M across 1 round on record. The most recent is a Seed of $2.8M announced in Jun 2026.

When did Parallel last raise funding?

Parallel's most recent funding round on record is a Seed of $2.8M, announced in Jun 2026.

Who founded Parallel?

FundedIQ lists Parag Agrawal (Founder) at Parallel.

Where is Parallel headquartered?

Parallel is based in Edgecliff, New South Wales, Australia.

How many employees does Parallel have?

Parallel is in the 1-10 employee band.

How does Parallel's funding compare to other Other startups?

Parallel's latest round of $2.8M is in line with the $3.0M median round size for Other companies on FundedIQ across 1,391 tracked companies over the last two years.

About FundedIQ's Parallel Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Parallel is left off this page rather than filled in.

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