United States · Seed startup

Who invested in Parallel

4 rounds we have observed, with the 13 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AICannabisInternet

Raised 5 months agoValuation: $500M, Oct 2024

Funding summaryUpdated 5 Nov 2026

$146Mraised across 4 rounds since 2024, from 4 sources

$7.9MSeries C$35MVenture$100MSeries A$2.8MSeed
Latest round
Seed, $2.8MJun 2026
Biggest round
$100MSeries A · Nov 2025
Investors
13 (2 led)
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

20252026
$7.9MSeries C$35MVenture$100MSeries A$2.8MSeed
First round
Series C, $7.9M
Mar 2024
Biggest round
$100M
Series A · Nov 2025
Usual gap between rounds
20 months
the median of 2

The rounds

  1. Jun 2026
    Seed$2.8M

    No investor was named in the report.

    Source recorded

  2. Nov 2025
    Series A$100M5 new

    Also list them on their own siteBlockchain Capital

    Reported by Ventureburn

  3. Mar 2024
  4. Mar 2024
    Venture$35M3 new

    Source recorded

Founders and team

From Parallel's own website: 2 founders, 3 on the team.

Ken KaoCo-Founder & Partner
Nic GondaCo-Founder & Partner
  • Katherine SkylarVP of Business & Revenue Operations
  • Rebecca PrusinowskiVP of Content & Marketing
  • Jocelyn FlorencePartner & Lead Strategist

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Index VenturesVC firm1round, led 1
Kleiner PerkinsVC firm1round, led 1
Khosla VenturesVC firm1round
First Round CapitalVC firm1round
Spark CapitalVC firm1round
ANRIVC firm1round
ParadigmVC firm1round
NTT DOCOMO VenturesAccelerator1round
The Spartan GroupVenture studio1round
Shizuoka CapitalVC firm1round
VanEckVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 12 firms list Parallel as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

Blockchain CapitalVC firmSeries A, per its site
Big Brain HoldingsVC firmPer its own site
Breyer CapitalPrivate equityPer its own site
SpacecadetVC firmPer its own site
Breakout VenturesVC firmPer its own site
Collab+CurrencyVC firmPer its own site
Angel CollectiveFund of fundsPer its own site
Julian CapitalVC firmPer its own site
WWVenturesVC firmPer its own site
ImmeasurableFamily officePer its own site
Synergis CapitalGrowth equityPer its own site
Undeterred CapitalVC firmPer its own site

Quick answers about Parallel

Who invested in Parallel?

Parallel's investors include Index Ventures, Kleiner Perkins, Khosla Ventures, First Round Capital and Mitsubishi UFJ Capital, and 8 more on record.

How much has Parallel raised?

Parallel has raised $146M across 4 rounds since 2024.

When did Parallel last raise?

Parallel's most recent round was a Seed of $2.8M in Jun 2026.

What was Parallel's biggest round?

Parallel's largest round on record is $100M (Series A), in Nov 2025, led by Index Ventures.

Who backed Parallel first?

Parallel's first round on record, in Mar 2024, was backed by Mitsubishi UFJ Capital, Global Brain Corporation and ANRI and 2 others.

What stage is Parallel at?

Parallel's latest named round is a Seed, in Jun 2026.

Where is Parallel based?

Parallel is based in the United States.

Who led Parallel's rounds?

Index Ventures led the Series A in 2025.

Companies like Parallel

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

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