Parallel
Industrial Machinery & Equipment · California, United States · 11-50 Employees
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Overview
Headquarters
1245 Factory Pl, Los Angeles, California...Phone Number
(213) 295-4800Website
www.moveparallel.comRevenue
$10.9 MillionIndustry
ZI Rank: 2
Signal Type
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ZI Rank
3
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2
About Parallel
Parallel Systems is a United Statesbased transportation technology company that develops autonomous, battery-electric rail vehicles designed to shift freight movement from trucks to rail, enabling rail operators to expand service capabilities, reduce congestion and emissions, and improve efficiency through solutions that integrate seamlessly with existing rail infrastructure while supporting a more sustainable, cost-effective, and scalable approach to freight transportation.Explore more
Parallel Org Chart
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Company Profile Activity
Activity Insights
Parallel is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Parallel is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Parallel.
Parallel financials insights
Gather financial insights about Parallel, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2022
Series A
$49.6M
2025
Series B
$38M
Parallel Tech Stack
A closer look at the technologies used by Parallel
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Most Recent Scoops
Open Position
Open Position
Hiring Plans
Parallel has more open roles in Information Technology than it has had at any time in the past 12 months.
Hiring Plans
Hiring Plans
Parallel has more open roles in Sales than it has had at any time in the past 12 months.
Hiring Plans
Hiring Plans
Hiring Plans
Parallel News & Media
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Frequently Asked Questions Regarding Parallel
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Parallel Systems is a United Statesbased transportation technology company that develops autonomous, battery-electric rail vehicles designed to shift freight movement from trucks to rail, enabling rail operators to expand service capabilities, reduce congestion and emissions, and improve efficiency through solutions that integrate seamlessly with e... Read More
