Parallel Web Systems
Latest round
- Series B
Last raised
- Apr 2026
Total raised
- $230M
Investors
- 8
About Parallel Web Systems
Based in the US, Parallel Web Systems Inc. develops advanced systems that integrate artificial intelligence with web functionalities, offering solutions that enhance data processing and retrieval for various applications. Based in California, US, founded in 2023 by its founder Parag Agrawal and Travers Nisbet, Parallel Web Systems Inc. is focused on integrating AI technologies with internet functionalities for enhanced data access and processing. In April 2026, Parallel Web Systems Inc. Parallel Web Systems specializes in creating advanced systems designed to facilitate the integration of artificial intelligence (AI) with the internet. The company's core offering is an API that enables AI technologies to perform high-value tasks using data retrieved from the web. This API is tailored to support advanced retrieval, ranking, and reasoning functionalities, allowing AIs to operate in processing web information. The primary use cases for Parallel Web Systems’ products include enhancing decision-making processes for businesses, automating data retrieval tasks, and improving the overall performance of AI applications. The client base consists primarily of technology firms and enterprises leveraging AI solutions., per query) and potentially subscriptions, enabling AI agents to access, analyze, and extract web data efficiently, supporting applications like research, coding, and enterprise analytics.
Who invested in Parallel Web Systems
8 investors across 3 rounds
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Questions about Parallel Web Systems
Who invested in Parallel Web Systems?
Parallel Web Systems has 8 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 Web Systems raised?
Parallel Web Systems has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Parallel Web Systems last raise money?
Parallel Web Systems's most recent round on record is a Series B, in Apr 2026.
What does Parallel Web Systems do?
Based in the US, Parallel Web Systems Inc.
Where is Parallel Web Systems headquartered?
Parallel Web Systems is headquartered in San Francisco, US.
Which VCs invest in companies like Parallel Web Systems?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Parallel Web Systems's stage. Their profiles are linked below.
VCs backing software startups at Series B
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