Where does Parallel (Electrical Equipment)'s cap table come from?

Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Parallel (Electrical Equipment)'s 1 recorded funding rounds.

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Parallel (Electrical Equipment)

Transportation · Los Angeles, CA · Founded 2020 · Privately Held (backing)

Developer of an autonomous battery-electric rail system intended to serve as an autonomous and zero-emissions freight transportation. Parallel (Electrical Equipment) is based in Los Angeles, CA and was founded in 2020. Its last reported valuation was $188 million in Dec 2021. It has raised $91.3 million across 1 recorded round; the latest was a $38 million Series B in Apr 2025.

Last reported valuation

$187.6M

Oct 2026

Priced at

—

Total raised

$91.3M

Last round

Series B

Apr 2025

Cap table — not yet on record

Parallel (Electrical Equipment)'s share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.

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Frequently asked about Parallel (Electrical Equipment)

Where does Parallel (Electrical Equipment)'s cap table come from?: Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Parallel (Electrical Equipment)'s 1 recorded funding rounds.