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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

TransportationWebsite ↗

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

Industry
Transportation
Founded
2020
HQ
Los Angeles, CA
Employees
67
Raised
$88.0M
Stage
Series B

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}}
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