Parallel Systems
Los Angeles, CA · Founded 2020 · 67 employees
LAST FUNDING
$88.0M
Series B
Parallel Systems reveals it is decarbonizing freight by building a cleaner; automated rail future
Funding history
RoundAmount
Series B$88.0M
About Parallel Systems
How much funding has Parallel Systems raised?
Parallel Systems has raised $88.0M in total funding. The most recent round was Series B.
Where is Parallel Systems headquartered?
Parallel Systems is headquartered in Los Angeles, CA.
What does Parallel Systems do?
Parallel Systems reveals it is decarbonizing freight by building a cleaner; automated rail future
Quick Facts
The Boring Company
Hawthorne, CA
NEXT Trucking
Los Angeles, CA
Odysee
Santa Monica, CA
Related terms
❝ Cite this page
Free to use in articles, research, and reference works. Stable URL, will not change. Data on this page last updated September 9, 2026.
MLA
"Parallel Systems: Funding & Investors." SoCal.Startups, September 9, 2026, https://socalstartups.io/companies/parallel-systems. Accessed September 29, 2026.
APA
SoCal.Startups. (2026). Parallel Systems: Funding & Investors. Retrieved September 29, 2026, from https://socalstartups.io/companies/parallel-systems
WIKIPEDIA (CITE WEB)
{{cite web |title=Parallel Systems: Funding & Investors |url=https://socalstartups.io/companies/parallel-systems |website=SoCal.Startups |access-date=September 29, 2026}}
🏷 Embed this badge
Building or fundraising? Add this to your site to show you're listed on SoCal.Startups — the link back helps other founders and investors find you here too.
HTML
<a href="https://socalstartups.io/companies/parallel-systems" target="_blank" rel="noopener"><img src="https://socalstartups.io/badge.svg" width="220" height="52" alt="Parallel Systems featured on SoCal.Startups" /></a>
MARKDOWN
[](https://socalstartups.io/companies/parallel-systems)