Parallel
Latest round
- Series A
Last raised
- Oct 2021
Total raised
- $50M
Investors
- 6
About Parallel
, trading under the name Parallel, operates as a developer of a gamified platform that provides users with the opportunity to purchase, collect, and showcase non-fungible tokens (NFTs) and digital blockchain collectibles. The company specializes in the development of 'Parallel,' a sci-fi-themed competitive digital trading card game. This game allows players to build unique decks, strategically bank energy, and deploy armies to influence the outcome of various competitive scenarios. Players engage in gameplay that emphasizes tactical decision-making around card selection, energy management, and faction strategies.' Players can earn in-game cards without any purchase requirements, which complements the game's competitive nature and encourages a wide player base. Financial transactions primarily occur through optional purchases for in-game enhancements, expansions, and exclusive content.
Who invested in Parallel
6 investors across 1 round
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Funding rounds
Series A
Oct 13, 2021
Amount
$50M
Investors
Questions about Parallel
Who invested in Parallel?
Parallel has 6 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Parallel raised?
Parallel has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Parallel last raise money?
Parallel's most recent round on record is a Series A, in Oct 2021.
What does Parallel do?
, trading under the name Parallel, operates as a developer of a gamified platform that provides users with the opportunity to purchase, collect, and showcase non-fungible tokens (NFTs) and digital blockchain collectibles.
Where is Parallel headquartered?
Parallel is headquartered in Toronto, Canada.
Which VCs invest in companies like Parallel?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Parallel's stage. Their profiles are linked below.
VCs backing software startups at Series A
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