Tech Company Financing Transactions
Parallel Funding Round
On 4/3/2025, Parallel received $3.5 million in Seed funding from Frst Capital, Better Angle and Bpifrance.
Transaction Overview
Company Name
Announced On
4/3/2025
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Proceeds Purpose
With this funding, Parallel plans to grow its engineering team, accelerate hospital deployments, and lay the foundations for its next generation of agents focused on other pain points in healthcare administration.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
Undisclosed
Paris, Undisclosed
France
Paris, Undisclosed
France
Phone
Undisclosed
Website
Email Address
Overview
Parallel builds AI agents that streamline healthcare admin workflows, seamlessly integrated with existing systems to unlock efficiency at scale.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Fox
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