Insights

Rapid Market Growth Parallel operates in the expanding wellness and natural cannabinoid market, with revenue estimates between 250 million and 500 million dollars, indicating strong sales potential and increasing consumer demand for natural health solutions.

Product Innovation Focus The company's commitment to science-driven product development and proprietary brands offers opportunities for partnerships in R&D, formulation, and technology integrations to enhance product efficacy and market differentiation.

Technology Utilization With a tech stack that includes Salesforce, NoSQL, and ERP systems, there is scope to leverage advanced analytics and automation solutions to optimize sales processes, customer insights, and supply chain management.

Complementary Market Players Parallel's similarities with companies like MedMen and Trulieve suggest strategic opportunities for collaboration, distribution channel expansion, or co-marketing within the competitive cannabis and wellness sector.

Sustainable Growth Potential The company's focus on natural ingredients combined with ongoing innovation and a robust funding base presents prospects for scalable growth in new markets, product lines, and consumer segments looking for healthy, responsible alternatives.

Parallel Tech Stack

Parallel uses 8 technology products and services including AutoCAD, Salesforce, NoSQL, and more. Explore Parallel's tech stack below.

  • AutoCAD
    Cad & Graphics
  • Salesforce
    Customer Relationship Management
  • NoSQL
    Database
  • MariaDB
    Database
  • Webpack
    Development
  • NetSuite
    E-commerce
  • Genetec
    Security
  • Timesheets
    Time Tracking

Parallel's Email Address Formats

Parallel uses at least 1 format(s):
Parallel Email FormatsExamplePercentage
FLast@liveparallel.comJDoe@liveparallel.com
93%
First@liveparallel.comJohn@liveparallel.com
6%
F.Last@liveparallel.comJ.Doe@liveparallel.com
1%

Frequently Asked Questions

What is Parallel's stock symbol?

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Parallel is a publicly traded company; the company's stock symbol is DUOUSD.

What is Parallel's official website and social media links?

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Parallel's official website is liveparallel.com and has social profiles on LinkedInCrunchbase.

What is Parallel's NAICS code?

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Parallel's NAICS code is 71394 - Fitness and Recreational Sports Centers.

How many employees does Parallel have currently?

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As of December 2025, Parallel has approximately 1K employees across 6 continents, including North AmericaEuropeAsia. Key team members include Chief Financial Officer: J. I.Chief Strategy Officer: D. O.Vp | Technology Transformation And Innovation | Operational Efficiency: M. A.. Explore Parallel's employee directory with LeadIQ.

What industry does Parallel belong to?

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Parallel operates in the Wellness and Fitness Services industry.

What technology does Parallel use?

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Parallel's tech stack includes AutoCADSalesforceNoSQLMariaDBWebpackNetSuiteGenetecTimesheets.

What is Parallel's email format?

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Parallel's email format typically follows the pattern of FLast@liveparallel.com. Find more Parallel email formats with LeadIQ.

How much funding has Parallel raised to date?

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As of December 2025, Parallel has raised $10M in funding. The last funding round occurred on Dec 08, 2022 for $10M.

When was Parallel founded?

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Parallel was founded in 2014.

Parallel

Wellness and Fitness ServicesGeorgia, United States1001-5000 Employees

Humans across the globe and of all walks of life want to live at their personal best, and are seeking more natural alternatives to feeling their best and getting the most out of life.  Today, they are discovering the answer through natural cannabinoid products.  At the same time, science and technology are unlocking the future potential of  cannabinoids. We believe that cannabinoids, when used responsibly, have the power to enhance the full spectrum of well-being and to help us live healthier and happier lives. Parallel is improving the well-being of our consumers today through our proprietary, innovative brands, while planting seeds for the future through our robust innovation and high bar for business standards. 

We meet our consumers’ needs wherever they are on their path to improve their health and happiness because our brands cover the full spectrum of well-being.  We are beside them whether they need recovery, relief, rest, or even revelry.  

To live their physical, mental and emotional best, they have to live intentionally.  When they do so, they seek the best products and intertwine them in their life.  We are committed to helping our consumers follow their own path to living intentionally and being their best every day through our portfolio of brands and products.  Across our diverse portfolio of trusted and proprietary brands, we provide innovative cannabinoid products designed to work in parallel to multi-faceted nature of everyday human well-being with the highest degree of uncompromising quality, safety, consistency and efficacy. 

Parallel Promise: Inspired by Nature, Optimized by Science
We will improve our consumers well-being and quality of life through our natural cannabinoid products today, while at the same time we will continue to innovate through science, technology and R&D to bring them unparalleled products that will transform how they live their best tomorrow.

Section iconCompany Overview

Stock Symbol
DUOUSD
NAICS Code
71394 - Fitness and Recreational Sports Centers
Founded
2014
Employees
1001-5000

Section iconFunding & Financials

  • $10M

    Parallel has raised a total of $10M of funding over 8 rounds. Their latest funding round was raised on Dec 08, 2022 in the amount of $10M.

  • $250M$500M

    Parallel's revenue is estimated to be in the range of $250M$500M

Section iconFunding & Financials

  • $10M

    Parallel has raised a total of $10M of funding over 8 rounds. Their latest funding round was raised on Dec 08, 2022 in the amount of $10M.

  • $250M$500M

    Parallel's revenue is estimated to be in the range of $250M$500M

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