# Parallax Advanced Research funding: rounds and investors

> Parallax Advanced Research has raised $1.9M across 1 round since 2023. Investors include Economic Development Administation and U.S. Department of Commerce.

Source: https://millionrounds.com/company/parallax-advanced-research (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Parallax Advanced Research*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Nonprofit

Funding summary Updated 26 Oct 2026

**$1.9M** raised across 1 round since 2023, from 1 source

- **Latest round:** Grant, $1.9M Oct 2023
- **Investors:** 2

See who backed them

## The rounds

- **Oct 2023** Grant **$1.9M** [Economic Development Administation](https://millionrounds.com/fund/economic-development-administation) [U.S. Department of Commerce](https://millionrounds.com/fund/u-s-department-of-commerce) Source recorded

## Founders and team

From Parallax Advanced Research's own website: 3 on the team.

- **Wayne Denny** Chief Operating Officer
- **Susan Thornton** Chair
- **Tim Sakulich** Vice Chair

## Everyone who backed them

[Economic Development Administation](https://millionrounds.com/fund/economic-development-administation) Investment firm **1** round

[U.S. Department of Commerce](https://millionrounds.com/fund/u-s-department-of-commerce) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=parallax-advanced-research).

## Quick answers about Parallax Advanced Research

### Who invested in Parallax Advanced Research?

Parallax Advanced Research's investors include Economic Development Administation and U.S. Department of Commerce.

### How much has Parallax Advanced Research raised?

Parallax Advanced Research has raised $1.9M across 1 round since 2023.

### When did Parallax Advanced Research last raise?

Parallax Advanced Research's most recent round was a Grant of $1.9M in Oct 2023.

### What was Parallax Advanced Research's biggest round?

Its most recent round, $1.9M in Oct 2023, is also its largest on record.

### Who backed Parallax Advanced Research first?

Parallax Advanced Research's first round on record, in Oct 2023, was backed by Economic Development Administation and U.S. Department of Commerce.

### What stage is Parallax Advanced Research at?

Parallax Advanced Research's latest named round is a Grant, in Oct 2023.

### Where is Parallax Advanced Research based?

Parallax Advanced Research is based in the United States.

## Companies like Parallax Advanced Research

In the same sector, and raised in the last eighteen months.

[**Earth Fire Alliance** $26M · Jun 2026](https://millionrounds.com/company/earth-fire-alliance)[**GivingTuesday** $4.0M · Jun 2026](https://millionrounds.com/company/givingtuesday)[**Adra** $27M · Jun 2026](https://millionrounds.com/company/adra)[**The Asian American Foundation** $1.0M · Jun 2026](https://millionrounds.com/company/the-asian-american-foundation)[**Child Poverty Action Lab** $1.0M · May 2026](https://millionrounds.com/company/child-poverty-action-lab)[**Faith Feeds Food Pantry** $100K · Feb 2026](https://millionrounds.com/company/faith-feeds-food-pantry)

## Find investors like these

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