PARALLEL WORKS INC
A machine learning platform with adaptive workflow tools for analyzing complex, multi-scale scientific data across diverse domains
- Sector
- Software
- Headquarters
- Chicago, IL
- Founded
- 2015
- Latest Form D
- $500K, Jan 2017
- Total capital
- $1.4M
- Federal grants
- $574K
- 3 awards · 2016–2020
- Rank in peer group#8 of 18
- Private capital raised
- $870K
- 2 Form D · last Jan 2017
- 117 months since last filing
- Federal contracts
- None on recordNo federal contract awards found.
- Granted patents
- None on recordNo USPTO grants. Applications publish after 18 months.
Capital timeline
Latest events
- Federal grantEnergy · Phase I · A Platform for Scientific Data Management, Modeling and Analysis with Machine Learning$199K
- Federal grantEnergy · Phase I · A Platform for Scientific Application Dissemination and Community Engagement$224K
- Private capital raisedForm D · SEC · 2nd filing$500K
- Private capital raisedForm D · SEC · 1st filing$370K
- Federal grantEnergy · Phase I · Integrating optimization methods into simulation workflows for advanced product engineering and manufacturing$150K
Node area is scaled to amount. Form D reports securities sold, which can differ from an announced round; filings are numbered in the order they were made.
Federal first
<1months
from PARALLEL WORKS INC’s first federal award to its first private round.
- First federal award · Feb 2016
- Energy · $150K
- First Form D · Feb 2016
- $370K · 1st Form D
- Awards before first raise
- 1 award
An association in public records, not a cause or a prediction.
Standing among 18 peers
Line = medianSoftware · Platform
- Federal grants#8 · top 44%
Cumulative measures favor older companies. Rankings describe position today, not outcome. Below the median, ranks show as a band rather than a number.
Founders and team
Researcher links verified by same-company patents and grants- Michael WildeResearcherExecutive Officer, DirectorLinked by $574K in grants as PI
- Matthew ShaxtedExecutive Officer, DirectorNamed in SEC Form D filings
- Michela WildeExecutive Officer, DirectorNamed in SEC Form D filings
What it has protected
No granted patents are on record.
USPTO usually publishes applications 18 months after filing, so recent applications may not be visible yet. Patents assigned under a different entity name won’t match.
Checked: USPTO granted patents and published applications · Oct 23, 2026
Related companies, and why
- ParaTools Inc.Shares a founder: Michael Wilde, DUNS:079769715
- Ault & Company, Inc.Similar federal contract value in Software · null in contracts
- Allstacks, Inc.Similar federal contract value in Software · null in contracts
- AIM Intelligent Machines, Inc.Similar federal contract value in Software · null in contracts
- FLUREE PBCSimilar federal contract value in Software · null in contracts
- Valid Inc.Similar federal contract value in Software · null in contracts
Sources
Federal grants from SBIR/STTR, NIH, NSF and DoD records. Federal contracts from USAspending.gov. Private capital from SEC Form D. Patents from USPTO. Publications from OpenAlex. Regulatory activity from the Federal Register. Press matched on company name.
How to read this page
Figures show associations in public records, not causes or predictions. Nothing here is investment advice. An em-dash means no record was found under this company's name, not that none exists.
Data freshness
SEC Form D filings through . SBIR and STTR awards through .