# Parallel Markets funding: rounds and investors

> Parallel Markets has raised $8.6M across 1 round since 2023. Investors include Alumni Ventures, Lux Capital and Union Square Ventures.

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

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

# Who invested in *Parallel Markets*

One round we have observed, with the 5 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.

Enterprise Software

Funding summary Updated 26 Oct 2026

**$8.6M** raised across 1 round since 2023, from 1 source

- **Latest round:** Venture, $8.6M Apr 2023
- **Investors:** 5

See who backed them

## The rounds

- **Apr 2023** Venture **$8.6M** [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Lux Capital](https://millionrounds.com/fund/lux-capital) [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [Correlation Ventures](https://millionrounds.com/fund/correlation-ventures) [Eniac Ventures](https://millionrounds.com/fund/eniac-ventures) Source recorded SEC filing: $8.6M sold, first sale Mar 2023

## Founders and team

From Parallel Markets's own website and the SEC filings it signed: 7 on the team.

- **Gary Gallagher** President
- **Lawrence Calcano** Chairman & CEO
- **Brooks Entwistle** Head of International
- **Lawrence Peccatiello** Executive Officer, Director i
- **Nicholas Goss** Executive Officer, Director i
- **Hannah Shaw Grove** Team
- **Henrique Francisco** Team

On the board, as filed i *Brian Muller* *Daniel Gulati* *John Buttrick*

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Lux Capital](https://millionrounds.com/fund/lux-capital) VC firm **1** round

[Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **1** round

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

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

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

## Quick answers about Parallel Markets

### Who invested in Parallel Markets?

Parallel Markets's investors include Alumni Ventures, Lux Capital, Union Square Ventures, Correlation Ventures and Eniac Ventures.

### How much has Parallel Markets raised?

Parallel Markets has raised $8.6M across 1 round since 2023.

### When did Parallel Markets last raise?

Parallel Markets's most recent round was a Venture of $8.6M in Apr 2023.

### What was Parallel Markets's biggest round?

Its most recent round, $8.6M in Apr 2023, is also its largest on record.

### Who backed Parallel Markets first?

Parallel Markets's first round on record, in Apr 2023, was backed by Alumni Ventures, Lux Capital and Union Square Ventures and 2 others.

### What stage is Parallel Markets at?

Parallel Markets's latest named round is a Venture, in Apr 2023.

### Where is Parallel Markets based?

Parallel Markets is based in the United States.

## Companies like Parallel Markets

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

[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**AuxoAI** $21M · Oct 2026](https://millionrounds.com/company/auxoai)[**Qualitate** $32M · Oct 2026](https://millionrounds.com/company/qualitate)[**RapidCanvas** $53M · Oct 2026](https://millionrounds.com/company/rapidcanvas)[**Labelbox** $224M · Oct 2026](https://millionrounds.com/company/labelbox)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)

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