Insights

Growing Industry Presence Parallel operates within the rapidly expanding wellness and cannabis-enhanced health sector, offering an opportunity to target consumers seeking natural and innovative well-being solutions. Its position alongside similar companies with substantial revenue and employee bases indicates strong market demand that can be tapped for cross-selling or partnership opportunities.

Product Diversification With a comprehensive portfolio that addresses recovery, relief, rest, and celebratory needs, there is potential to develop targeted marketing campaigns for specific customer segments. Sales efforts can focus on promoting customized solutions aligned with consumer lifestyles, enhancing product adoption and brand loyalty.

Innovative R&D Focus Parallel’s commitment to science and technology-driven product development presents opportunities to collaborate on new formulations or advanced delivery systems. Partnering on innovative R&D initiatives can add value for customers seeking cutting-edge wellness products, creating a competitive advantage.

Technology Integration Utilizing advanced tech stacks like Salesforce, NoSQL, and NetSuite, the company demonstrates a strong operational backbone that supports scalable customer engagement and data-driven sales strategies. This infrastructure can be leveraged to personalize outreach, enhance customer retention, and identify high-potential sales segments.

Financial Growth Potential With revenues estimated between 250 million and 500 million dollars and recent funding, Parallel is positioned for expansion. Sales strategies focusing on increasing market share through education, partnership development, and retail penetration can capitalize on its growth trajectory in the wellness and cannabinoid sectors.

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

Where is Parallel's headquarters located?

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Parallel's main headquarters is located at Atlanta, GA 30308 US. The company has employees across 6 continents, including North AmericaEuropeAsia.

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 October 2025, Parallel has approximately 1K employees across 6 continents, including North AmericaEuropeAsia. Key team members include Chief Strategy Officer: D. O.Founder & Chief Executive Officer: D. H.Cofounder & Head Of Trading: J. L.. 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 October 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

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

Headquarters
Atlanta, GA 30308 US
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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