Insights

Healthy growth Parallel operates in wellness and cannabinoid products with a mid-sized team and substantial funding, indicating a stable platform for B2B partnerships or white-label opportunities in health and wellness brands.

Diverse portfolio A multi-brand approach across recovery, relief, rest, and revelry suggests opportunities to upsell cross-category solutions, bundled wellness programs, or co-branded product lines for retailers and gyms.

Tech enabled Adoption of CISSP, OneTrust, Salesforce, and data tools points to strong compliance, CRM-driven sales processes, and potential for AI-assisted customer lifecycle programs, marketing automation, and enterprise partnerships.

Quality focus Emphasis on safety, consistency, and efficacy positions Parallel as a credible supplier for retailers, wellness clinics, and e-commerce platforms seeking reliable cannabinoid products with stringent standards.

Financial scale Revenue in the mid-market range with substantial funding signals capacity for larger partnerships, co-development deals, and geographic expansion collaborations to accelerate distribution and product reach.

Similar companies to Parallel

Parallel Tech Stack

Parallel uses 8 technology products and services including Canva, HashiCorp Terraform, Docker, and more. Explore Parallel's tech stack below.

Parallel's Email Address Formats

Parallel uses at least 3 email formats:
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 LinkedIn and Crunchbase.

How much revenue does Parallel generate?

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As of August 2026, Parallel's annual revenue is estimated to be $100M - $250M.

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 August 2026, Parallel has approximately 329 employees across 6 continents, including North America, Europe and Asia. Key team members include Vice President R & D: A. R., President: D. E. and Co-Founder | Ceo: T. T. 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 Canva, HashiCorp Terraform, Docker, Contentful, Jenkins, Hyperion, Microsoft Azure and Smartsheet.

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 August 2026, Parallel has raised $366M 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 logo

Parallel

Wellness and Fitness ServicesGeorgia, United States201-500 Employees

Parallel is a wellness company based in Atlanta, Georgia, that develops natural cannabinoid products through a portfolio of proprietary brands. Its offerings target multiple dimensions of well-being, including recovery, relief, rest, and moments of celebration, with a focus on safety, consistency, and efficacy. The company emphasizes a science-driven approach, combining natural ingredients with research and development to support well-being now and to enable future innovations.

Within the wellness and fitness services industry, Parallel positions itself as a broad supplier of cannabinoid-based products designed to fit into everyday life. Its guiding principle centers on integrating nature and science to improve quality of life, while maintaining high standards across its brands. The organization is based in Atlanta, Georgia, and maintains a mid-sized workforce.

Section iconCompany Overview

Stock Symbol
DUOUSD
NAICS Code
71394 - Fitness and Recreational Sports Centers
Founded
2014
Employees
201-500

Section iconFunding & Financials

  • $366M

    Parallel has raised a total of $366M of funding over 8 rounds. Their latest funding round was raised on Dec 08, 2022 in the amount of $10M as a Debt Financing.

  • $100M - $250M

    Parallel's revenue is estimated to be in the range of $100M - $250M

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