Parallel Systems

Los Angeles, United States · Founded 2020 · $91.2M raised

Employees
51–200
Founded
2020
Business Model
B2B
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.

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Funding History

Series BSeries BApr 2025
$38.0M

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Full funding history, per-round amounts, and investor participation.

Investors

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