Parallel18
Overview
Parallel18 is a startup accelerator program based in San Juan, Puerto Rico, that is part of the Puerto Rico Science, Technology and Research Trust (PRSTRT). It offers multiple programs, including a pre-accelerator for local startups (pre18), an international accelerator for companies looking to scale globally (P18), and post-acceleration support (Xpand). The program provides grants, mentorship, business connections, and investment opportunities to participating startups. The stated mission is to support entrepreneurs, spur innovation, and promote economic development on the island. It also operates a follow-on fund called Parallel18 Ventures to co-invest in promising alumni.
Portfolio Companies
39
Website
parallel18.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Outsite | Oct 2020 | Grant | Co-investor |
| Recepta | Nov 2023 | Accelerator | Co-investor |
| BeAvocado | Jul 2016 | Grant | Co-investor |
| SkyBlue Analytics | Nov 2023 | Accelerator | Co-investor |
| BrainHi | Nov 2018 | Follow-on Offering | Lead |
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Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Parallel18 based?
Parallel18 is headquartered in San Juan, Puerto Rico, United States.
When was Parallel18 founded?
Founding year information for Parallel18 is not publicly available.
How many portfolio companies does Parallel18 have?
Parallel18 has 39 portfolio companies in Caplight's dataset.
What are some companies in Parallel18's portfolio?
Portfolio companies visible on Caplight include Outsite, Recepta, BeAvocado, SkyBlue Analytics, BrainHi.
What was Parallel18's most recent investment shown here?
Parallel18's most recent investment in this portfolio sample was in Recepta in 2023.
What sectors does Parallel18 focus on?
Parallel18 focuses on Consumer & Commerce, Energy & Sustainability, Energy & Sustainability, Consumer & Commerce, Enterprise Software, FinTech, Healthcare & Life Sciences, Enterprise Software, FinTech, Frontier & Industrial Tech, Real Estate & PropTech, Mobility, Transportation & Logistics, FinTech, FinTech, Healthcare & Life Sciences, Consumer & Commerce, Enterprise Software, Real Estate & PropTech, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, FinTech, FinTech, Enterprise Software, FinTech, Enterprise Software, Enterprise Software, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Consumer & Commerce, Enterprise Software, Enterprise Software, FinTech, Frontier & Industrial Tech, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, FinTech, Real Estate & PropTech, AI, Data & Cloud Infrastructure, FinTech, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Energy & Sustainability, Enterprise Software, Telecommunications & Networking, Energy & Sustainability, Enterprise Software, Real Estate & PropTech, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, Consumer & Commerce, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, Energy & Sustainability, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, Consumer & Commerce, FinTech, Frontier & Industrial Tech.
What company stages does Parallel18 focus on?
Parallel18 typically invests at the Early stage.