# Parallelz funding: rounds and investors

> Parallelz has raised $2.9M across 1 round since 2022. Investors include Global Founders Capital, Play Ventures and Garage Capital. Every round with its source.

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

Canada · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Parallelz*

One round we have observed, with the 4 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.

IT Services

Funding summary Updated 26 Oct 2026

**$2.9M** raised across 1 round since 2022, from 1 source

- **Latest round:** Pre-seed, $2.9M Jun 2022
- **Investors:** 4

See who backed them

## The rounds

- **Jun 2022** Pre-seed **$2.9M** [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) [Play Ventures](https://millionrounds.com/fund/play-ventures) [Garage Capital](https://millionrounds.com/fund/garage-capital-2) [Weekend Fund](https://millionrounds.com/fund/weekend-fund) Source recorded

## Founders and team

From Parallelz's own website: 2 founders.

**Albet Lai** Founder, CEO

**Julia Pelletier** Co-Founder

## Everyone who backed them

[Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) VC firm **1** round

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

[Garage Capital](https://millionrounds.com/fund/garage-capital-2) VC firm **1** round

[Weekend Fund](https://millionrounds.com/fund/weekend-fund) VC firm **1** round

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

## Also claim to have backed them

These 2 firms list Parallelz 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.

[Garage Capital](https://millionrounds.com/fund/garage-capital) VC firm Per its own site

[Play Ventures PTE LTD](https://millionrounds.com/fund/play-ventures-pte-ltd) Investor Per its own site

## Quick answers about Parallelz

### Who invested in Parallelz?

Parallelz's investors include Global Founders Capital, Play Ventures, Garage Capital and Weekend Fund.

### How much has Parallelz raised?

Parallelz has raised $2.9M across 1 round since 2022.

### When did Parallelz last raise?

Parallelz's most recent round was a Pre-seed of $2.9M in Jun 2022.

### What was Parallelz's biggest round?

Its most recent round, $2.9M in Jun 2022, is also its largest on record.

### Who backed Parallelz first?

Parallelz's first round on record, in Jun 2022, was backed by Global Founders Capital, Play Ventures and Garage Capital and 1 others.

### What stage is Parallelz at?

Parallelz's latest named round is a Pre-seed, in Jun 2022.

### Where is Parallelz based?

Parallelz is based in Canada.

## Companies like Parallelz

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

[**Expertise AI** $2.3M · Sept 2026](https://millionrounds.com/company/expertise-ai)[**Peripheral Labs** $12M · Aug 2026](https://millionrounds.com/company/peripheral-labs)[**AllScale** Jun 2026](https://millionrounds.com/company/allscale)[**Brilliant Harvest** $4.0M · Feb 2026](https://millionrounds.com/company/brilliant-harvest)[**Focus FS** $3.6M · Jan 2026](https://millionrounds.com/company/focus-fs)[**Citylogix** Jan 2026](https://millionrounds.com/company/citylogix)

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