The AI agent-tool startup founded by former Twitter CEO Parag Agrawal has raised $100 million, led by Sequoia, months after ...

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Parallel's Deep Research API already handles millions of requests daily, ranging from document discovery to code debugging and workflow automation. According to Entrepreneur, the system integrates ...

Spread the loveIntroduction In an impressive display of growth and investor confidence, Parallel Web Systems, an innovative AI agent-tool startup co-founded by former Twitter CEO Parag Agrawal, has ...

Parag Agrawal’s Parallel Web Systems secures $100M Series B, reaching $2B valuation, signaling rapid growth in AI infrastructure market.

Parallel Web Systems raises $100M Series B at $2B valuation, led by Sequoia, to scale AI infrastructure powering web access for agents.

As part of the deal, Kleiner Perkins partner Mamoon Hamid will join Parallel’s board, alongside Vinod Khosla, Shardul Shah and Josh Kopelman ...

Former Twitter CEO Parag Agrawal has secured a major boost for his new venture, Parallel Web Systems, which has raised 100 million dollars in Series A funding at a valuation of 740 million dollars.

Parallel Web Systems, founded by former Twitter CEO Parag Agrawal, has secured $100 million in a Series B funding round led ...

Integrating Parallel's API helps Genpact automate and improve research workflows in insurance and sales NEW YORK and PALO ALTO, Calif., April 8, 2026 /PRNewswire/ -- Genpact (NYSE: G), an agentic and ...

Agrawal said the company plans to deploy the fresh capital to expand its sales and marketing teams, while continuing to invest in research and development and target enterprise customers.

Parag Agrawal, who previously served as CEO of X (Twitter), founded the startup Parallel Web Systems in August 2025 Former CEO of X (Twitter), Parag Agrawal’s AI startup, Parallel Web Systems, has ...