Overview
News
Technologies
Salaries
Products
People
Growth
Offices
Jobs
Financials

Funding and backers

Total raised
$130M
2 rounds on record
Latest round
$100M
Series B · 2026 · 3 mo ago
Team
746
US Form 5500 (plan participants) · Dec 2025 · +16% in a year
Hiring now
24
+8 posted in 30 days
Backers
5
Abstract, Index Ventures
The money's age
Fresh money
3 months since the last round · and hiring
Momentum
63/100
hiring for its size, in the news, fresh money, rising traction
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
2026 Raised a round Series B $100M Nov 6, 2025 On the Hacker News front page The Parallel Search API · 123 points 2024 Raised a round Venture round $30M 2023 Founded
Tractionpublic signals, read monthly
Web presence
top 0.01%
of 133.2M domains by links, Common Crawl
GitHub stars
18 public repositories · +1%
Hacker News stories
15
best: 123 points
Funding rounds
RoundDateAmountInvestorsSource
Series B 2026 $100M — techcrunch.com
Venture round 2024 $30M — entrackr.com
Registers and programsofficial lists and records that name the company
Legal entity Parallel Web Systems Inc. its site
Founders and leadersfrom filings, registers and the company's site
Parag AgrawalFounder & CEO
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NewsCatcher provides a recall-first Web Search API (CatchAll) and News API for AI agents and enterprise teams. 86% recall. 2B+ page index…
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Liner builds an AI search engine and research agents that answer questions with citations to academic papers and vetted websites, aimed at…
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Turn verified customer expertise into AI-visible content. Increase citations in AI overviews with authentic community-generated product…
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How Parallel hires

Truth index
B 75/100
Ghost roles
0%
Stale roles
100%
Reposted roles
0%

Parallel scores B on the Alion truth index (A is best, E worst), measured over 7 open roles re-checked against its own hiring board: 0% look like ghost listings, 100% have gone stale and 0% are the same role posted again. It measures how much of what this employer publishes turns into a real, finite search - not the employer as a workplace. How the index is computed

Visa sponsorship

  • United States · H-1B filings in 12 months: 10

Visa details by country

Overview

Parallel Web Systems builds web search and research APIs for AI agents, used by developers and enterprises that need agents to find and synthesize public web data. It runs its own web-scale index of billions of pages updated daily and offers a Search API, a Task API for web enrichment and deep research with citations, and related tools for automated data collection. Founded in 2023 by former Twitter CEO Parag Agrawal, it serves more than 100,000 developers and customers such as Clay, Harvey and Notion, and has raised $230 million, including a $100 million Series B led by Sequoia in 2026.

News

News Nature 22 days ago
Two parallel neural ectoderm progenitors contribute to the developing brain
When and how different brain regions diversify from one another remains unresolved. Does a common neural ectoderm progenitor generate the entire brain? Or do multiple neural ectoderm progenitors exist, each restricted to form specific brain regions? Here
Read more
Report
News The New Stack 22 days ago
Anthropic's new Claude Code feature could drain your plan before lunch
Anthropic redesigns Claude Code Projects around a coordinator that breaks engineering goals into parallel threads, adding shared memory and usage trade-offs.
Read more
Report
News naw103.substack.com 22 days ago
Parallel coding agents without the carnage
Git merged both branches cleanly and the design still broke. Worktrees isolate files, not plans.
Read more
Report
News huggingface 23 days ago
Parallel Constrained Decision Engine - a Hugging Face Space by drinkmoonshine
Enter a text document and a JSON schema that describes the information you want to extract. The app runs a fast parallel constrained decoding method and a standard generation method, showing the ge...
Read more
Report
News Kolen Cheung 27 days ago
Progressive disclosure for mathematical proofs
What can mathematics borrow from coordinated vulnerability disclosure? A registry of work in progress with verifiable timestamps, shared in gradually widening circles.
Read more
Report
News academy.dair.ai 29 days ago
PARSER: Read in Parallel, Reason in Depth for Long-Context LLM Agents
Kun Li, Zexuan Qiu and Tianhua Zhang with Irwin King and Helen Meng at the Chinese University of Hong Kong present PARSER, which gives every document chunk its
Read more
Report
News inco.ai 2 months ago
DFlash 2: Keep Drafting Parallel
DFlash 2 is the successor to our widely deployed parallel drafter: close to 3 the speed of autoregressive decoding, with the same output. Drafters for Qwen3.8-27B and Meta's Muse Glimmer are out today.
Read more
Report
News Psychology Today 2 months ago
The Rewards of Parallel Careers
Peter Drucker believed we should engage in simultaneous work pursuits. Learn from examples in the creative industries and from lawyers, physicians, and other knowledge workers.
Read more
Report
News Stratechery by Ben Thompson 5 months ago
An Interview with Parallel Founder Parag Agarwal About Valuing Content on the Agentic Web
An interview with Parallel founder Parag Agarwal about valuing content and incentivizing its creation in a world of agents (plus questions about Twitter).
Read more
Report
Show more news

Tech stack

Technologies named in job postings at Parallel over the last 12 months, by layer, with the share of postings for each.
Technologies in use
14
Postings analysed
25
Stack modernity
81/100AI adopter
Languages
Python8%
TypeScript4%
SQL4%
Cloud & platforms
Kubernetes8%
Spark8%
GCP4%
AI & ML
LLM8%
Sign in to see how your skills match this stack Sign In
Full Parallel tech stack 14 technologies · by team · pay by technology · changes · similar stacks

Salary insights

Compensation ranges based on this company's open jobs
Median
$300k
Typical range
$130k – $450k
Open positions
20
10 Jobs
Junior 10%
Senior 20%
Staff 70%
Level Jobs Median Typical range
Junior 1 $300k $300k
Senior 2 $250k $250k
Staff 7 $300k $300k – $450k
Highest paying role Controller $450k
Normalized to USD per year
All salaries at Parallel By role, level and city, against the market · 20 jobs with pay

Products

Task API
Runs web research and enrichment tasks that return structured, cited outputs. Used for deep research and bulk data enrichment.
parallel.ai
Search API
Web search API built for AI agents over Parallel's own index. Returns ranked, token-efficient excerpts for LLM context.
parallel.ai

People

Parag Agrawal
Founder & CEO
Former CEO and CTO of Twitter. Founded Parallel Web Systems in 2023.
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Growth

Hiring Momentum
64/100
Growing
Open positions
24
5 opened / 2 closed in 30 days
Median time-to-fill
61 days
faster than 22% of the market
ATS activity
Every ~3 hours
Today
Hiring Dynamics +100%
Hiring Focus
The percentage next to each role is its share of the company's job openings over the last 90 days; the arrow shows the shift versus the previous period.
Sales
20% ▲
HR
15%
Legal
15%
AI/ML
10% ▲
Finance
10% ▼
Data Science
5% ▼
Activity Timeline
Added Threat Modeling to stack Sep 2026
Added GCP to stack Sep 2026
Added Terraform to stack Sep 2026
Added Spark to stack Sep 2026
Added SOC 2 to stack Sep 2026
Added Python to stack Sep 2026
Added Platform Engineering to stack Sep 2026
Added Kubernetes to stack Sep 2026
Added Agentic Workflows to stack Sep 2026
Added SQL to stack Sep 2026
Added GDPR to stack Sep 2026
Added RAG to stack Sep 2026

Offices

Where the company hires and what each office is for
Cities
3
Hiring now
3
Countries
1
Busiest office
Palo Alto
Loading the map
Headquarters Builds here Office with open vacancies Tap a pin for the office
Palo Alto United States
HQ
5 open roles 4 posted in 90 days 20% engineering 50-200 est. staff $216k Avg Salary
hires for HR, AI/ML, Legal
seen since Jan 2026 job postings
San Francisco United States
Engineering / R&D
20 open roles 17 posted in 90 days 35% engineering 200-500 est. staff $291k Avg Salary
hires for AI/ML, Sales, Design
seen since Jun 2025 job postings
New York United States
Sales office
6 open roles 5 posted in 90 days 50-200 est. staff $263k Avg Salary
hires for Sales, HR, Solutions
seen since May 2026 job postings

Jobs

≈ $120k – $289k per year (Estimated) • In office • Full-Time • San Francisco
AI Agents
Apply
$150k – $300k per year • In office • Full-Time • San Francisco
Python
Spark
AI Agents
DevOps
Terraform
Kubernetes
Platform Engineering
Cybersecurity
SOC 2
Apply
$150k – $300k per year • In office • Full-Time • San Francisco
Python
TypeScript
Spark
AI Agents
LLM
DevOps
GCP
Kubernetes
Cybersecurity
Threat Modeling
Apply
$150k – $300k per year • In office • Full-Time • San Francisco • New York
AI Agents
Apply
$150k – $300k per year • In office • Full-Time • Bachelor's Degree • San Francisco
AI Agents
Apply
$150k – $300k per year • In office • Full-Time • Bachelor's Degree • San Francisco
Fine-tuning
AI Agents
Apply
$150k – $300k per year • In office • Full-Time • Bachelor's Degree • San Francisco
AI Agents
Reranking
Apply
$150k – $300k per year • In office • Full-Time • Bachelor's Degree • Palo Alto
AI Agents
LLM
Apply
$150k – $300k per year • In office • Full-Time • Bachelor's Degree • San Francisco
TypeScript
AI Agents
DevOps
Vercel
Apply
$200k – $280k per year • In office • Full-Time • San Francisco
AI Agents
Apply

Financials

Total raised
$130M
Latest round
Series B
Funding rounds
2
Investors
4
Funding rounds
Round Announced Amount
Series B 2026 $100M Details
Venture - Series Unknown 2024 $30M Details
Key Investors
Khosla Ventures Venture - Series Unknown
Khosla Ventures is a Menlo Park venture capital firm investing in early-stage technology companies.
khoslaventures.com
Sequoia Capital Series B
Sequoia Capital is a Menlo Park venture capital firm investing in technology companies from seed to growth stage.
sequoiacap.com
Index Ventures Series A
Index Ventures is a venture capital firm based in London and San Francisco investing in technology companies.
indexventures.com
Kleiner Perkins Series A
Kleiner Perkins is a Menlo Park venture capital firm investing in early and growth-stage technology companies.
kleinerperkins.com