Parallel Finance
PrivateLast Round
Strategic
Apr 5, 2022
Est. Valuation
$500M
Total Funding Raised
$29M
Company Overview
Parallel Finance is a decentralized finance company that provides a platform for lending, staking, and borrowing across multiple blockchains to optimize liquidity and earning potential.
Sector
Crypto & Web3
Verticals
DeFi, Staking Platforms, Lending & Credit, Blockchain Infrastructure, Cross-Chain
Business Model
B2C
Customer Profile
Payment Processing Fee, Revenue Share
AI Layer
Non-AI
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Parallel Finance Comparables
Compare Parallel Finance with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Avara | 82% | |
| Bifrost Finance | 78% | |
| BENQI | 78% |
Parallel Finance Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Strategic | Apr 5, 2022 | ||||
| Strategic | Nov 8, 2021 | ||||
| Series A | Aug 30, 2021 | ||||
| Seed | Jun 14, 2021 |
Parallel Finance Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Slow Ventures | Series A |
| S32 | Strategic |
| Breyer Capital | Seed |
| Blockchain Capital | Series A |
| Alameda Research | Series A |
| Polychain Capital | Seed, Series A |
| Founders Fund | Seed, Strategic |
Market signals
Structured signals derived from secondary market and firmographic data.
- Apr 5, 2022
$5M round led by S32 and Coinbase Ventures.
- Aug 30, 2021
$22M round led by Polychain Capital
Parallel Finance Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
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Request accessFrequently Asked Questions
Common questions about Parallel Finance's valuation, stock price, and market status.
Is Parallel a public or private company?
Parallel is a private company.
What is the current stock price of Parallel?
Parallel is a private company with no public stock price. No recent secondary market data is available.
How much is Parallel worth (valuation)?
Parallel's valuation is estimated at $500.0M based on funding round data.
Can I buy Parallel stock?
Parallel shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.
When was Parallel's last funding round?
Parallel's most recent funding round was Strategic on April 5, 2022.
Who are the main investors in Parallel?
Key investors in Parallel include S32, Polychain Capital, Coinbase Ventures.
Will Parallel IPO soon?
No public IPO plans have been announced for Parallel.
How can I track Parallel secondary market activity?
Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Parallel's secondary market activity and sign up for updates.