Insights

Lean startup Target Parallel for early-stage startups seeking automated financial planning to replace spreadsheets, offering a chance to upsell advanced forecasting features as they scale.

Live modeling Highlight the live three-statement model capability and automatic data syncing as a differentiator for revenue growth teams; propose expansion into scenario planning and fundraising data room enhancements.

Runway visibility Position to CFOs and founders who need clear burn, runway, and headcount forecasting; suggest cross-sell of employee planning, expense controls, and fundraising readiness modules.

Cloud and privacy Emphasize cloud-based, no-spreadsheet workflow as a security and efficiency upgrade for startups using lightweight tech stacks; offer integrations that expand data sources for richer insights.

Funding readiness Frame as a tool to export data rooms for fundraising; propose premium data-room packaging, investor-ready reporting, and onboarding services to shorten closing timelines.

Similar companies to Parallel

Parallel Tech Stack

Parallel uses 8 technology products and services including Quickbooks Online, Google Ads, LinkedIn Ads, and more. Explore Parallel's tech stack below.

Parallel's Email Address Formats

Parallel uses at least 1 email format:
Parallel Email FormatsExamplePercentage
First@getparallel.comJohn@getparallel.com
100%

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 getparallel.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 $1M - $10M.

What is Parallel's NAICS code?

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Parallel's NAICS code is 5112 - Software Publishers.

How many employees does Parallel have currently?

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As of August 2026, Parallel has approximately 8 employees across 1 continents, including North America. Key team members include Co-Founder: C. S., Co-Founder & Chief Technology Officer: T. S. and Manager Of Operations: E. A. Explore Parallel's employee directory with LeadIQ.

What industry does Parallel belong to?

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Parallel operates in the Software Development industry.

What technology does Parallel use?

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Parallel's tech stack includes Quickbooks Online, Google Ads, LinkedIn Ads, Reddit Ads, Microsoft Clarity, Google Cloud, Stripe and Netlify.

What is Parallel's email format?

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Parallel's email format typically follows the pattern of First@getparallel.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 $4.6M in funding. The last funding round occurred on Oct 09, 2025 for $2.4M.

When was Parallel founded?

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Parallel was founded in 2023.
Parallel logo

Parallel

Software DevelopmentUtah, United States2-10 Employees

Parallel is a software company based in Lehi, Utah, focused on simplifying financial planning for early-stage businesses. Its platform provides financial modeling and accounting capabilities that help founders and teams understand runway, revenue, burn, and the effects of decisions without constructing complex models. The product aims to translate core financial dynamics into an easy-to-use tool that supports strategic planning for rapidly growing startups.

Targeting early-stage companies, Parallel addresses the need for accessible financial oversight in a resource-constrained environment. Positioned within the software development sector, the company concentrates on delivering practical data-driven insights that aid customers in evaluating financial trajectories and operating decisions as they scale.

Section iconCompany Overview

Stock Symbol
DUOUSD
NAICS Code
5112 - Software Publishers
Founded
2023
Employees
2-10

Section iconFunding & Financials

  • $4.6M

    Parallel has raised a total of $4.6M of funding over 3 rounds. Their latest funding round was raised on Oct 09, 2025 in the amount of $2.4M as a Seed.

  • $1M - $10M

    Parallel's revenue is estimated to be in the range of $1M - $10M

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