Funded Tech Companies
Parallel Systems
Parallel Systems, operating out of Culver City, received equity investments from Congruent Ventures, Riot Ventures and private investors.
Company Overview
Company Name
Parallel Systems
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
8671 Hayden Pl.
Culver City, CA 90232
USA
Culver City, CA 90232
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Company Background Information
Overview
Parallel Systems is decarbonizing freight by building a cleaner, automated rail future. Parallel's zero-emissions rail vehicles are more flexible than traditional trains, allowing railroads to open new markets, increase infrastructure utilization, and improve service. We enable railroads to convert part of the $700 billion U.S trucking industry to rail.
Last Transaction
4/14/2025
Financing History
Management Team
Title
Name
Email & Social
Company Investors
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