Canada · Computer software startup

Parallelz

Parallelz is a Toronto-based software company founded in 2021.

Funding reportedLast round: Pre-seed

Computer softwareToronto, Canada

About Parallelz

Parallelz is a Toronto-based software company founded in 2021.

The company is focused on developing a new computing architecture and platform that changes how mobile apps are distributed and discovered. Its core technology allows for the transformation of native mobile apps into fully native web apps without any modifications or the need for an SDK. This approach aims to maintain visual quality and user experience while making apps instantly accessible through a browser. The main services offered by Parallelz include app transformation and distribution. Developers can convert existing native mobile apps into native web apps without rewriting code, distribute apps across various digital and social channels, and provide users with a fast and frictionless experience that avoids traditional app store dependencies. The platform is designed for mobile application developers, publishers, and game developers looking for innovative ways to reach users directly. Parallelz operates as a privately held company with a small team and has secured pre-seed funding to support its initiatives.

What company datasets say Parallelz raised

Funding, as reported

Reported in all3.8Min the source's currency
Rounds1
Last roundPre-seed
Last round size3M
Last round dateJun 2022
Investors listed12

Founders and team

From Parallelz's own website: 2 founders.

Albet LaiFounder, CEO
Julia PelletierCo-Founder

On 3 portfolio pages

Investors who name them

Each firm lists Parallelz on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

user experiencemobile appsno installationscustomer engagementapp discovery innovationweb appsdistributionscalable solutionsexperience enhancementapp experience personalizationenterprisesentrepreneurial leadershipinformation technology & servicesmobile technologyapp discoveryfrictionless experience

Built with from their website

Google Tag ManagerWebRTCWordPress.orgPWACallMiner EurekaC/C++Google WorkspaceCloudFlareViewport MetaCloudSponge

+8 more

WebGLwebpackAzure Linux Virtual MachinesAIGoogle MeetFirebaseCloudFlare CDNPrometheus

Sector
Computer software
Industry code
NAICS 51321, SIC 7375, 7372
Region
Ontario
Revenue
1M a year, as listed
Full record
Every detail in the company directory

Computer software in Canada

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