# Parallax

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/parallax

- Industry: Software
- Headquarters: Edina, US
- Website: www.getparallax.com
- Total disclosed funding: $19M
- Latest round: Series B (Jun 7, 2023)
- Investors on record: 4

## About

Based in Minnesota, US, and founded in 2019 by CEO Tom O'Neill, Right Team Inc. doing business as Parallax operates as a provider of business insights which enables digital services clients to forecast and supports digital agencies and tech consultancies with analytics. In July 2023, Parallax raised USD 7 million in Series A funding led by Matchstick Ventures, with participation from Rally Ventures, and Matchstick Ventures.

 Parallax provides management platform workloads and workforces for remote working style. The company offers a professional service automation platform for digital services company's business insights and forecasting services to improve employee engagement, minimizing workload inefficiencies and employee burnout with focusing on profitability. In addition, the firm products include resource planning and forecasting, sales pricing, and forecasting, project financials, and business intelligence. As of 2023, the company serves software development firms, full-service digital agencies, digital marketing companies, technology consultants, and more.

## Funding rounds

- Series B, Jun 7, 2023, $12M — Baird Capital Partners
- Series A, Aug 18, 2021, $7M — Grotech Ventures, Rally Ventures, Matchstick Ventures
- Seed, Dec 9, 2019 — Rally Ventures, Matchstick Ventures

## Investors

- Rally Ventures (https://capitalatlas.ai/funds/rally-ventures) — Seed, Series A
- Matchstick Ventures (https://capitalatlas.ai/funds/matchstick-ventures) — Seed, Series A
- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series A
- Baird Capital Partners (https://capitalatlas.ai/funds/baird-capital-partners) — Series B