Parallel Web Systems hits $2B valuation five months after its last big raise

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

Parag Agrawal’s startup raises $100M to build a parallel web for AI agents

Chief Executive Parag Agrawal has raised $100 million to fund his new startup Parallel Web Systems Inc., which is focused on ...
Morningstar

Genpact and Parallel Web Systems Partner to Drive Tangible Efficiency from AI Systems

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 ...
Forbes

A ‘Parallel’ Path To Autonomous-Electric Rail Freight Travel

Second generation Parallel Systems autonomous-electric rail vehicle. Vehicle is designed to carry cargo containers that might otherwise by transported by trucks or traditional freight trains. No ...