# Parallel Domain funding: rounds and investors

> Parallel Domain has raised $30M across 2 rounds since 2020. Investors include Costanoa Ventures, Foundry Group and RRE Ventures. Every round with its source.

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

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

# 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 Manufacturing AI Big Data & Analytics Robotics

Funding summary Updated 26 Oct 2026

**$30M** raised across 2 rounds since 2020, from 2 sources

- **Latest round:** Series B, $30M Nov 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.

2021 2022

**?** Seed

**$30M** Series B

- **First round:** Seed
- **Biggest round:** $30M
- **Between rounds:** 23 months

## The rounds

- **Nov 2022** Series B **$30M** *2 new* *2 returning* [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Foundry Group](https://millionrounds.com/fund/foundry) [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) [Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) Source recorded
- **Dec 2020** Seed **Amount undisclosed** *3 new* [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) Lead [Foundry Group](https://millionrounds.com/fund/foundry) [Calibrate Ventures](https://millionrounds.com/fund/calibrate-ventures) 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 McNamara** Founder & Chief Product Officer *Named on its 2018 Form D*

- **Zack Novak** Chief Executive Officer
- **Brian Townsend** VP of Engineering

On the board, as filed i *Sunil 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.

**Seed** 2020 **Series B** 2022 [Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) L [Foundry Group](https://millionrounds.com/fund/foundry) [RRE Ventures](https://millionrounds.com/fund/rre-ventures) [Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) [Calibrate Ventures](https://millionrounds.com/fund/calibrate-ventures)

## Everyone who backed them

[Costanoa Ventures](https://millionrounds.com/fund/costanoa-ventures) VC firm **2** rounds, led 1

[Foundry Group](https://millionrounds.com/fund/foundry) VC firm **2** rounds

[RRE Ventures](https://millionrounds.com/fund/rre-ventures) VC firm **1** round

[Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) VC firm **1** round

[Calibrate Ventures](https://millionrounds.com/fund/calibrate-ventures) VC firm **1** round

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

## 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 Ventures](https://millionrounds.com/fund/ubiquity-ventures) VC firm Per 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.

## Companies like Parallel Domain

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

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