United States · Series B startup

Who invested in Parallel Domain

2 rounds we have observed, with the 5 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.

Advanced ManufacturingAIBig Data & AnalyticsRobotics

Funding summaryUpdated 26 Oct 2026

$30Mraised across 2 rounds since 2020, from 2 sources

Latest round
Series B, $30MNov 2022
Investors
5 (1 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.

20212022
?Seed$30MSeries B
First round
Seed
Dec 2020
Biggest round
$30M
Series B · Nov 2022
Between rounds
23 months
from the last two

The rounds

  1. Nov 2022
    Series B$30M2 new2 returning

    Source recorded

  2. Dec 2020
    SeedAmount undisclosed3 new

    Reported by Foundry Group

Founders and team

From Parallel Domain's own website and the SEC filings it signed: 1 founder, 2 on the team.

Kevin McNamaraFounder & Chief Product OfficerNamed on its 2018 Form D
  • Zack NovakChief Executive Officer
  • Brian TownsendVP of Engineering

On the board, as filediSunil Nagaraj

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

Costanoa VenturesVC firm2rounds, led 1
Foundry GroupVC firm2rounds
RRE VenturesVC firm1round
Toyota VenturesVC firm1round
Calibrate VenturesVC firm1round

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

Also claim to have backed them

This firm lists Parallel Domain as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Ubiquity VenturesVC firmPer its own site

Quick answers about Parallel Domain

Who invested in Parallel Domain?

Parallel Domain's investors include Costanoa Ventures, Foundry Group, RRE Ventures, Toyota Ventures and Calibrate Ventures.

How much has Parallel Domain raised?

Parallel Domain has raised $30M across 2 rounds since 2020. One round did not disclose an amount, so the total is a floor.

When did Parallel Domain last raise?

Parallel Domain's most recent round was a Series B of $30M in Nov 2022.

What was Parallel Domain's biggest round?

Its most recent round, $30M in Nov 2022, is also its largest on record.

Who backed Parallel Domain first?

Parallel Domain's first round on record, in Dec 2020, was backed by Costanoa Ventures, Foundry Group and Calibrate Ventures.

What stage is Parallel Domain at?

Parallel Domain's latest named round is a Series B, in Nov 2022.

Where is Parallel Domain based?

Parallel Domain is based in the United States.

Who led Parallel Domain's rounds?

Costanoa Ventures led the Seed in 2020.

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