Tech Company Financing Transactions

Parallax Labs Funding Round

Parallax Labs, based in New York, scored $4.5 million from Dragonfly Capital, Circle Ventures and General Catalyst Partners.

Transaction Overview

Company Name
Announced On
9/12/2023
Transaction Type
Venture Equity
Amount
$4,500,000
Round
Seed
Proceeds Purpose
Parallax's funding will be used for hiring and its next phase of expansion. "We want to grow the team even more and then build up more of an infrastructure to enable those faster and cheaper payments for more users.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
245 East 93rd Street 19b
New York, NY 10128
USA
Phone
Undisclosed
Email Address
Overview
Welcome to Parallax, your one-stop solution for hassle-free, affordable, and lightning-fast international payments. We redefine the way money crosses borders, starting with helping freelancers, remote workers, and global professionals manage their finances.
Profile
Parallax Labs LinkedIn Company Profile
Social Media
Parallax Labs Company Twitter Account
Company News
Parallax Labs News
Facebook
Parallax Labs on Facebook
YouTube
Parallax Labs on YouTube

Management Team

Title
Name
Email & Social
Founder
Kim Abrams
  Kim Abrams LinkedIn Profile  Kim Abrams Twitter Account  Kim Abrams News  Kim Abrams on Facebook
Founder
Justin Banusing
  Justin Banusing LinkedIn Profile  Justin Banusing Twitter Account  Justin Banusing News  Justin Banusing on Facebook
Founder
Phil Hedayatnia
  Phil Hedayatnia LinkedIn Profile  Phil Hedayatnia Twitter Account  Phil Hedayatnia News  Phil Hedayatnia on Facebook
Founder
Charles Hua
  Charles Hua LinkedIn Profile  Charles Hua Twitter Account  Charles Hua News  Charles Hua on Facebook


 

 

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Prev: 9/12/2023: ELSA venture capital transaction
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Where The Data Comes From

We report on tech company VC transactions. VC transactions on this site come from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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