Certified by Founder Lodge 
                                        
                                        Parallel Systems
 
                                                 United States  -  Culver City, California 
                                             START UP 
                                                                                    1 Disclosed Funding Rounds $50,000,000
                                            0 Participating Investments
- 
                                                Operating Status 
                                                
Active
 - 
                                                Last Funding Type 
                                                
Seed
 - 
                                                Company Type 
                                                
For Profit
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                                            Parallel Systems is an early-stage startup company developing the future of intermodal transportation. Our mission is to decarbonize freight while improving supply chain logistics and safety.
                                        
                                        
                                        
                                                                                
                                        
                                                                                | Date | Round | Raised | Participating Investors | 
|---|---|---|---|
| January, 24 ,2022 | Series A | $50,000,000 | |
| April, 15 ,2025 | Series B | $38,000,000.00 | 
                                                
 Embark Ventures
                                                                                
 Anthos Capital
                                                                                
 Congruent Ventures
                                                                                
 Riot Ventures
                                                                                
FinditParts
CloudFret
 
                                            
Cavnue
Meter Feeder
SmartHop
                                                                        
                                Helex |  $3,500,000  | (Nov 4, 2025)
                                                                        
                                xMEMS |  $21,000,000  | (Nov 4, 2025)
                                                                        
                                catalyx space |  $5,400,000  | (Nov 4, 2025)
                                                                        
                                Cephia AI |  $4,000,000  | (Nov 4, 2025)
                                                                        
                                Ornn |  $5,700,000  | (Nov 4, 2025)