Parallel Web Systems

Web infrastructure for AI to search, extract, monitor, and reason over the world's information. Start here https://t.co/0Enegj3dhv

Developer tools and cloud

TIMELINE · MONEY RAISED

Parallel Web Systems | 5188 days from X account to first raise on record

@p0·Raised $200M in 2 sourced rounds·2 signals before the first raise

Money raised, round by round (amounts linked to their source). Pins are dated signals; hover the icons for dates.

Funding rounds

1. April 29, 2026
   Series B+ · $100M · $2B valuation
   SSequoia (lead), AAbstract Ventures, FFirst Round Capital, IIndex Ventures, KKhosla Ventures, KKleiner Perkins, SSpark Capital, TTerrain
   Source: PYMNTS.com
2. March 19, 2026
   Series A · amount undisclosed
   Source: fundraisingfox.com
3. November 12, 2025
   Series A · $100M · $740M valuation
   KKleiner Perkins (lead)
   Source: parallel.ai
4. December 16, 2017
   Website created
5. August 30, 2011
   X account created

Founders and team

• PA
  Parag Agrawal Founder

  @paraga · LinkedIn
• CW
  Carra Wu Product

Investors

• AAbstract Ventures
• FFirst Round Capital
• IIndex Ventures
• KKhosla Ventures
• KKleiner Perkinslead investor
• SSequoialead investor
• SSpark Capital
• TTerrain

Companies like Parallel Web Systems

• TTavily (Acquired by Nebius)$25M Series A · Aug 2025
• LLinq$20M Series A · Feb 2026
• TTinyFish$47M Series A · Aug 2025
• IInterluneSeed · Sep 2026
• TTerraFirma$115M Series A · Jul 2026
• TTalentium$4M Pre Seed · Dec 2024

Other companies backed by Sequoia

• NNominal$240M Series B+ · Nov 2026
• BBlockaid$40M Series B+ · Nov 2026
• TTraversal$120M Series B+ · Nov 2026
• TTrajectory$45M Series A · Nov 2026
• SServal$150M Series B+ · Oct 2026
• BBigEye$17M Series B+ · Oct 2026

Sequoia portfolio →