Insights

Acquisition Momentum Parallel Markets was acquired by iCapital in January 2025, highlighting a strategic move to strengthen their position in the alternative investment space and expanding their reach within the financial services industry.

Innovative Identity Solutions With recent developments like the launch of a regulatorily compliant KYC/AML solution for Web3, Parallel Markets demonstrates its capability to support cutting-edge digital asset markets, presenting opportunities for onboarding platforms and crypto-rich asset managers.

Funding and Growth Having raised over $8.6M and initially securing $7M in Series A funding from prominent investors such as Comcast Ventures, Lux Capital, and Union Square Ventures, Parallel underscores its strong investment appeal and growth trajectory in identity verification.

Recent Asset Acquisitions The acquisition of Passbase's assets in 2023 enhances Parallel's portfolio in reusable digital identity verification, creating opportunities to cross-sell comprehensive onboarding solutions to clients seeking portable and reliable KYC checks.

Market Positioning Operating within a highly competitive vertical with similar firms like Carta and Ledgy, Parallel's focus on seamless investor onboarding and verification, combined with its recent technological and strategic advancements, makes it a compelling partner for financial platforms seeking scalable identity solutions.

Similar companies to Parallel Markets (acquired by iCapital)

Parallel Markets (acquired by iCapital) Tech Stack

Parallel Markets (acquired by iCapital) uses 8 technology products and services including Linkedin Insight Tag, jsDelivr, Microsoft 365, and more. Explore Parallel Markets (acquired by iCapital)'s tech stack below.

  • Linkedin Insight Tag
    Analytics
  • jsDelivr
    Content Delivery Network
  • Microsoft 365
    Email
  • styled-components
    Javascript Frameworks
  • Go
    Programming Languages
  • Yoast SEO
    Search Engines
  • Yoast SEO Premium
    Search Engines
  • reCAPTCHA
    Security

Media & News

Parallel Markets (acquired by iCapital)'s Email Address Formats

Parallel Markets (acquired by iCapital) uses at least 1 format(s):
Parallel Markets (acquired by iCapital) Email FormatsExamplePercentage
FLast@parallelmarkets.comJDoe@parallelmarkets.com
76%
First@parallelmarkets.comJohn@parallelmarkets.com
18%
First.Last@parallelmarkets.comJohn.Doe@parallelmarkets.com
3%
FL@parallelmarkets.comJD@parallelmarkets.com
3%

Frequently Asked Questions

Where is Parallel Markets (acquired by iCapital)'s headquarters located?

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Parallel Markets (acquired by iCapital)'s main headquarters is located at New York, New York 10011 United States. The company has employees across 2 continents, including North AmericaEurope.

What is Parallel Markets (acquired by iCapital)'s official website and social media links?

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Parallel Markets (acquired by iCapital)'s official website is parallelmarkets.com and has social profiles on LinkedInCrunchbase.

What is Parallel Markets (acquired by iCapital)'s NAICS code?

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Parallel Markets (acquired by iCapital)'s NAICS code is 52 - Finance and Insurance.

How many employees does Parallel Markets (acquired by iCapital) have currently?

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As of June 2026, Parallel Markets (acquired by iCapital) has approximately 3 employees across 2 continents, including North AmericaEurope. Key team members include Director Of Software Engineering: A. K.Investor Onboarding & Accreditations Specialist: Z. R.Vp, Regulatory And Compliance: I. S.. Explore Parallel Markets (acquired by iCapital)'s employee directory with LeadIQ.

What industry does Parallel Markets (acquired by iCapital) belong to?

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Parallel Markets (acquired by iCapital) operates in the Financial Services industry.

What technology does Parallel Markets (acquired by iCapital) use?

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Parallel Markets (acquired by iCapital)'s tech stack includes Linkedin Insight TagjsDelivrMicrosoft 365styled-componentsGoYoast SEOYoast SEO PremiumreCAPTCHA.

What is Parallel Markets (acquired by iCapital)'s email format?

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Parallel Markets (acquired by iCapital)'s email format typically follows the pattern of FLast@parallelmarkets.com. Find more Parallel Markets (acquired by iCapital) email formats with LeadIQ.

How much funding has Parallel Markets (acquired by iCapital) raised to date?

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As of June 2026, Parallel Markets (acquired by iCapital) has raised $8.6M in funding. The last funding round occurred on Apr 07, 2023 for $8.6M.

When was Parallel Markets (acquired by iCapital) founded?

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Parallel Markets (acquired by iCapital) was founded in 2018.

Parallel Markets (acquired by iCapital)

Financial ServicesNew York, United States2-10 Employees

Parallel Markets, now part of iCapital Network, is a financial services company headquartered in New York, New York 10011, United States. It positions itself as an investor identity provider, working with investors and investment platforms to simplify onboarding and verification processes. Its offerings include reusable investor credentials that enable sign-up and credential sharing with a single click, and it serves both individuals and entities with a suite of identity products to support partner onboarding. The company operates with a small team, employing 2-10 people. Its website is parallelmarkets.com.

Section iconCompany Overview

Headquarters
New York, New York 10011 United States
NAICS Code
52 - Finance and Insurance
Founded
2018
Employees
2-10

Section iconFunding & Financials

  • $8.6M

    Parallel Markets (acquired by iCapital) has raised a total of $8.6M of funding over 3 rounds. Their latest funding round was raised on Apr 07, 2023 in the amount of $8.6M.

  • $1M$10M

    Parallel Markets (acquired by iCapital)'s revenue is estimated to be in the range of $1M$10M

Section iconFunding & Financials

  • $8.6M

    Parallel Markets (acquired by iCapital) has raised a total of $8.6M of funding over 3 rounds. Their latest funding round was raised on Apr 07, 2023 in the amount of $8.6M.

  • $1M$10M

    Parallel Markets (acquired by iCapital)'s revenue is estimated to be in the range of $1M$10M

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