Funded Tech Companies
Parallel Systems
Parallel Systems is a leading transportation tech company, based in Culver City. Financial backing was provided by Embark Ventures, Congruent Ventures and Riot Ventures.
Company Overview
Company Name
Parallel Systems
Company Status
Private & Independent
Industry
Funding Rounds
Total Funding
Contact Information
Mailing Address
8671 Hayden Pl.
Culver City, CA 90232
USA
Culver City, CA 90232
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Company Background Information
Overview
Parallel Systems is decarbonizing freight by building a cleaner, automated rail future. Parallel's zero-emissions rail vehicles are more flexible than traditional trains, allowing railroads to open new markets, increase infrastructure utilization, and improve service. We enable railroads to convert part of the $700 billion U.S trucking industry to rail.
Profile
Social Media
Company News
Facebook
YouTube
Last Transaction
1/29/2022
Financing History
Date
Type
Amount
Management Team
Title
Name
Email & Social
Chief Executive Officer
Matthew Soule
Vice President
John Howard
Vice President
Benjamin Stabler
Company Investors
Browse more funded tech companies:
Parallel Learning | ParAllele BioScience
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