Parallel
Parallel is an artificial intelligence company in Paris, France, founded in 2024. It has raised $23.5M across 2 rounds, most recently a $20.0M Series A in March 2026.
AI that lets you focus on care • Parallel
- Headquarters
- Paris
- Employees
- 11–50
- Founded
- 2024
- Business Model
- B2B
- Website
- beparallel.com
- Total Funding
- $23.5M
- Last Round
- $20.0M Series AMar 2026
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
Parallel builds AI agents that streamline healthcare admin workflows, seamlessly integrated with existing systems to unlock efficiency at scale. Their coding agent works side by side with hospital teams to deliver faster and more accurate medical coding, helping integrate Generative AI directly into workflows. Connected to existing systems through remote VPN access and Robotic Process Automation, Parallel is built for healthcare with hospital-grade security hosted in the EU.
Summary
It lists 11–50 employees. It has raised $23.5M in total across 2 rounds, most recently a $20.0M Series A round in Mar 2026. Investors include Index Ventures, FRST and Y Combinator.
Tech & App Stack
1 technology or app tracked
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Funding History
Mar 2026
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Funding: Seed through Series A. Amounts, valuations, and investors where available.
Investors
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