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Parallel Systems, Inc.

LOS ANGELES, CA · Founded 2020 · CIK 0001816535 · Software

Software platform for optimizing and managing parallel rail freight operations

moveparallel.com →
Grants
—
No SBIR or STTR on record
Sector median: 0
Raised
$3.8M
1 Form D · Jul 2020
76 months since last filing
Contracts
—
No federal contracts on record
Patents
40
21 granted · 19 pending
Sector median: 0

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$3,799,995
Form D · SEC

Peer position

Software · 4096 companies · ranked on federal contract value
Software companies ranked by federal contract value
#CompanyContractsDisclosed equity
750Whitebridge Holdings. LLC—$25K
751Magic Internet Corp—$7.6M
752Basil Systems, Inc.—$2.5M
753Parallel Systems, Inc.—$3.8M
754Video for Athletes, Inc.—$770K
755Conformiq Inc.—$6.9M
756OPSUS LLC——

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 3 related persons
  • John HowardDirector · Executive Officer
  • Joshua PosamentierDirector
  • Matthew SouleDirector · Executive Officer

Patents

USPTO · 21 granted of 40