Parallel Systems
Parallel
Los Angeles, United States · Founded 2020 · $91.2M raised
- Headquarters
- Los Angeles, California
- Employees
- 51–200
- Founded
- 2020
- Business Model
- B2B
- Website
- moveparallel.com
- Total Funding
- $91.2M
- Last Round
- $38.0M Series BApr 2025
- Rounds
- 3
About
Autonomous electric infrastructure for moving freight over rail
Summary
Parallel Systems is an Autonomous Vehicles company based in Los Angeles, United States, founded in 2020. It has raised $91.2M in total across 3 rounds, most recently a $38.0M Series B round in Apr 2025. Investors include Anthos Capital, Congruent Ventures and Milano Investment Partners.
Tech & App Stack
7 technologies & apps tracked
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Funding History
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Apr 2025
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Seed through Series B — per-round amounts, valuations, and who invested in each round.
Investors
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