Parallel Markets

Financial ServicesSeries ANew York, USparallelmarkets.com

Latest round

Series A

Last raised

Mar 2023

Total raised

$20M

Investors

7

About Parallel Markets

Based in New York, US, and founded in 2018, Parallel Markets Inc. is an identity verification and accreditation platform for financial platforms. The company was co-founded by Tony Peccatiello (CEO), Nicholas Goss (COO), and Brian Muller (CTO). In March 2020, Parallel Markets Inc. from Alumni Ventures Group, Comcast Ventures, Eniac Ventures, Lux Capital, RiverPark Ventures, Supernode Ventures, and Union Square Ventures for an undisclosed amount. The acquisition aims to enable iCapital to enhance its onboarding, compliance, and operational efficiency by integrating reusable Know Your Customer and Anti-Money Laundering passport solutions into its alternative investment ecosystem.

Who invested in Parallel Markets

7 investors across 3 rounds

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Funding rounds

  1. Series A

    Mar 24, 2023

    Amount

    $8.6M

    Investors

    Locked

  2. Series A

    Dec 17, 2021

    Amount

    $7.3M

    Investors

    Locked

  3. Seed

    Mar 27, 2020

    Amount

    $4.3M

    Investors

    Locked

Questions about Parallel Markets

Who invested in Parallel Markets?

Parallel Markets has 7 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Parallel Markets raised?

Parallel Markets has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Parallel Markets last raise money?

Parallel Markets's most recent round on record is a Series A, in Mar 2023.

What does Parallel Markets do?

Based in New York, US, and founded in 2018, Parallel Markets Inc.

Where is Parallel Markets headquartered?

Parallel Markets is headquartered in New York, US.

Which VCs invest in companies like Parallel Markets?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Parallel Markets's stage. Their profiles are linked below.

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