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AIVC-backedSeries B
Palo Alto, USA · Founded 2023

Parallel

A parallel web, for AIs

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About Parallel

Parallel Web Systems is bringing a new web to life: built with, by, and for AIs. Their work spans innovations in crawling, indexing, ranking, retrieval, and reasoning — with APIs that let AI systems leverage web data far more effectively than legacy search. Founded by Parag Agrawal, former CEO/CTO of Twitter.

Parallel website preview

Screenshot of Parallel (parallel.ai) — A parallel web, for AIs

Company facts

Category
AI
Funding stage
Series B
Total raised
$100M
Founded
2023
Team size
51–200
HQ
Palo Alto
Country
USA
Website
parallel.ai

Founders of Parallel

  • Parag Agrawal

Investors backing Parallel

  • Sequoia Capital
  • Lightspeed Venture Partners

Frequently asked questions

What does Parallel do?

Parallel Web Systems is bringing a new web to life: built with, by, and for AIs. Their work spans innovations in crawling, indexing, ranking, retrieval, and reasoning — with APIs that let AI systems leverage web data far more effectively than legacy search. Founded by Parag Agrawal, former CEO/CTO of Twitter.

Where is Parallel based?

Parallel is based in Palo Alto, USA.

When was Parallel founded?

Parallel was founded in 2023.

How much has Parallel raised?

Parallel has raised $100M in their Series B round.

Who founded Parallel?

Parallel was founded by Parag Agrawal.

Who has invested in Parallel?

Parallel is backed by Sequoia Capital, Lightspeed Venture Partners.

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