# In Parallel

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/in-parallel

- Industry: Software
- Headquarters: Helsinki, Finland
- Website: www.in-parallel.com/
- Total disclosed funding: $3M
- Latest round: Seed (Oct 15, 2024)
- Investors on record: 2

## About

Based in Helsinki, Finland, and founded in 2024 by co-founders Kristian Luoma and Markku Mäkeläinen (CEO), In Parallel Oy operates as an enterprise platform that helps organizations improve their daily operations and productivity. In October 2024, In Parallel Oy raised EUR 2.8 million in seed funding led by Lifeline Ventures, with participation from Notion Capital.

In parallel, Oy specializes in advanced software solutions aimed at improving operational efficiency across various industries. Their core product offerings include a resource management platform that integrates real-time data analytics and project tracking capabilities. This platform assists organizations in optimizing resource allocation, reducing downtime, and improving project delivery timelines, specifically targeting logistics, construction, and IT project management sectors. The company serves a diverse clientele ranging from small enterprises to large corporations, with a focus on Northern Europe and North America.

In parallel, Oy generates revenue primarily through a subscription model for its flagship software platform. Clients typically engage in annual contracts, which include tiered pricing structures based on user numbers and additional service features.

In parallel, Oy plans to expand its market presence into new regions, particularly targeting additional areas in Northern Europe and North America by mid-2025.

## Funding rounds

- Seed, Oct 15, 2024, $3M — Notion Capital, Lifeline Ventures

## Investors

- Notion Capital (https://capitalatlas.ai/funds/notion-capital) — Seed
- Lifeline Ventures (https://capitalatlas.ai/funds/lifeline-ventures) — Seed