Companies › Parallel
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Parallel

Palo Alto, US · ≈150 employees · Information · Crunchbase rank #1,106 · parallel.ai

Parallel develops web-based infrastructure and APIs designed to enable artificial intelligence systems to access, process, and act on information from the open web. Its platform provides tools such as search, extraction, task execution, and monitoring APIs that allow AI agents to perform complex, multi-step research and data retrieval workflows. The company focuses on building systems that combine data retrieval, computation, and reasoning into unified outputs, emphasizing verifiable results and traceable sources. Its technology supports use cases such as structured data generation, continuous web monitoring, and automated dataset enrichment using real-time web data. Overall, Parallel Web Systems is oriented toward creating infrastructure that enables AI agents to interact with the web programmatically rather than through traditional human browsing patterns.

Also: technology · information & internet · b2b · ai-driven workflow automation · digital transformation · web data provenance · web data for ai · ai research productivity · ai research performance · web data transparency · real-time web research · machine learning

Funding

1
Every round, secondary, debt facility or acquisition involving Parallel that AI Lounge tracks, newest first. Latest: Series B on Apr 15, 2026.
Parallel logo
Sequoia Capital (lead) · Search for AI agents
$100M
val. $2B

Timeline · 2

Apr 15, 2026
Round
Series B · $100M at $2B · Sequoia Capital

In the news

1
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