Who has invested in Parallel?

Sequoia Capital are named among the investors backing Parallel.

Parallel Funding: $230M Raised, Series B (2026)

Parallel funding overview

Parallel is an AI Infrastructure company based in Palo Alto, California. Parallel has raised $230M in total disclosed funding. That places its disclosed total in the $100M–$250M range. Its most recent disclosed round is a Series B announced in April 2026. The round record for Parallel runs through 2026; nothing later has been disclosed. Investors on record include Sequoia Capital.

Parallel at a glance

Total raised: $230M
Latest round: Series B
Latest round date: April 2026
Industry: AI Infrastructure
Headquarters: Palo Alto, California
Notable investors: Sequoia Capital

Frequently asked about Parallel funding

How much has Parallel raised?: Parallel has raised $230M in total disclosed funding across the rounds on record.
Who has invested in Parallel?: Sequoia Capital are named among the investors backing Parallel.
What was the latest Parallel funding round?: The most recent disclosed round is a Series B, announced in April 2026.
Where is Parallel based?: Parallel is based in Palo Alto, California.
What sector does Parallel operate in?: Parallel is tracked under AI Infrastructure from Palo Alto, California, with $230M in disclosed funding.
When did Parallel last raise?: The last disclosed Parallel round closed in April 2026 at Series B.

We update the Parallel record whenever a new round is filed or announced, so the totals above track the public record rather than estimates. Related AI Infrastructure companies in Palo Alto and their backers are listed below.

Parallel Funding: $230M Raised, Series B (2026)

Parallel funding overview

Parallel at a glance

Frequently asked about Parallel funding

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