# Parallel funding rounds and investors

As of 14 Oct 2026, Parallel has raised $200M across 2 verified rounds on record; latest: $100 million Series B led by Sequoia Capital, announced 29 Apr 2026.

Web Infrastructure for AI Agents

Website: https://parallel.ai  
Page: https://fireround.dev/companies/parallel.ai

## Verified rounds

| Announced | Round | Amount | Lead investors | Other investors | Sources |
| --- | --- | --- | --- | --- | --- |
| 2026-04-29 | Series B | $100 million | Sequoia Capital | Kleiner Perkins, Index Ventures, Khosla Ventures, First Round Capital, Spark Capital, Terrain | [parallel.ai](https://parallel.ai/blog/series-b) |
| 2025-11-12 | Series A | $100 million | Kleiner Perkins, Index Ventures | Spark Capital, Khosla Ventures, First Round Capital, Terrain | [siliconangle.com](https://siliconangle.com/2025/11/12/former-twitter-ceo-parag-agrawals-al-startup-parallel-raises-100-million) |

Source: Fireround (https://fireround.dev), an open-source funding feed. Each round is checked against the pages listed with it.