Key Metrics
Recent changes
- Oct 7, 2026Oct 7, 2026Raised $100M Series C TechCrunch
- Oct 7, 2026Oct 7, 2026First reported total funding: ~$200M TechCrunch
- Oct 7, 2026Oct 7, 2026New investor: Collaborative Fund TechCrunch
- Oct 7, 2026Oct 7, 2026New investor: Congruent Ventures TechCrunch
- Oct 7, 2026Oct 7, 2026New investor: Riot Ventures TechCrunch
Earlier changes (1)
- Oct 7, 2026Oct 7, 2026Parallel Systems Raises $100M to Put Driverless Trains on US Rails Pulse story
Funding History
1 event · sources dated per row| Date | Event | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| Oct 7, 2026 | Series C | $100M | — | Congruent VenturesunverifiedRiot VenturesunverifiedCollaborative FundunverifiedAVPHillspireCobalt CapitalAnthos Capital+1 more | TechCrunch |
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Parallel Systems FAQ
How much has Parallel Systems raised?
Parallel Systems has raised ~$200M in total funding (As of Oct 7, 2026, TechCrunch).
Who are Parallel Systems's investors?
Parallel Systems's investors include Collaborative Fund, Congruent Ventures, Riot Ventures (As of Oct 7, 2026).
Sources & methodologyshow
Where these figures come from
- TechCrunchmajor outlet2 facts
Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.