Parallel Web Systems

Software Development Applications · San Francisco, CA · Founded 2023 · Privately Held (backing)

Developer of a web API designed to power accurate and verifiable research for AI agents. Parallel Web Systems is based in San Francisco, CA and was founded in 2023. It was valued at $740 million at its early-stage round in Nov 2025, the last priced event on record. It has raised $130 million across 1 recorded round; the latest was a $100 million Series A in Nov 2025.

PMV mark · valuation
$740.0M
Oct 2026
Priced at
its early-stage round
Nov 2025
Total raised
$130.0M
Last round
Early Stage VC (Series A)
Nov 2025
What is Parallel Web Systems worth?
$740.0MPrivateMarketView mark · Oct 2026

Valued at $740.0M at its early-stage round, Nov 2025. Nothing has traded since.

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Valuation timeline

0 priced rounds · 32 daily marks since · Sep 2026 – Oct 2026
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Parallel Web Systems funding history

1 rounds
DateRoundRaisedPost-money
Nov 2025Early Stage VC (Series A)$100.0M▮
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Parallel Web Systems valuation

Parallel Web Systems was valued at $740 million at its early-stage round in Nov 2025. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.

How much has Parallel Web Systems raised?

Parallel Web Systems has raised $130 million in total; 1 of its rounds is on record. The largest on record was a $100 million Series A in Nov 2025.

Comparable companies

Comparable software development applications names by valuation on PrivateMarketView: LiveKit ($1 billion), Braintrust (Software Development Applications) ($800 million) and Port.io ($800 million).

How Parallel Web Systems's valuation is determined

Private company valuations aren’t quoted on an exchange — they’re established in moments: a priced funding round sets a post-money valuation, secondary trades print at a price per share, and SEC-registered funds holding the stock report fair-value marks in their N-PORT filings.

For Parallel Web Systems, the most current credible signal sets the number and the older ones confirm it: a live secondary-market price first, then three or more recent prints, then institutional fund marks, and otherwise the last priced round, which never decays. The valuation is the last round’s post-money moved by the price change since that round, so no share count is assumed. Today it is set by its last priced round. Question about this number? Full methodology →

Frequently asked about Parallel Web Systems

What is Parallel Web Systems worth?
Parallel Web Systems is valued at $740.0M as of Oct 2026. Valued at $740.0M at its early-stage round, Nov 2025. Nothing has traded since.
How much has Parallel Web Systems raised?
Parallel Web Systems has raised $130.0M in total funding across 1 recorded rounds.
When did Parallel Web Systems last raise?
Parallel Web Systems last raised in Nov 2025 (Early Stage VC (Series A)), raising $100.0M.