Parallel Web Systems Inc.
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Parallel Web Systems Inc. - overview
Established
2023
Location
San Francisco, CA, US
Primary Industry
Software
About
Founded in 2023 and based in San Francisco, US, Parallel Web Systems Inc. is focused on integrating AI technologies with internet functionalities for enhanced data access and processing . In November 2025, Parallel Web Systems Inc. raised USD 100 million in series A funding co-led by new investor Kleiner Perkins and returning investor Index Ventures, with participation from other returning investor Khosla Ventures, First Round Capital and Terrain.
New investor Spark Capital also participated in the round. The series A funding values Parallel Web Systems Inc. at USD 740 million post-money. As a part of deal Mamoon Hamid of Kleiner Perkins, Vinod Khosla of Khosla Ventures, Shardul Shah of Index Ventures and Josh Kopelman Partner at First Round Capital on the board.
The company plans to utilize the November 2025 funding to support further development and customer acquisition efforts.
Current Investors
Index Ventures, Khosla Ventures, First Round Capital
Primary Industry
Software
Sub Industries
Web Applications, Application Integration Software
Website
www.parallel.ai/
Verticals
Artificial Intelligence, Artificial Intelligence, Cloud Computing
Company Stage
Series A
Total Amount Raised
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