Parallel Finance

Parallel Finance

AI agent infrastructure for DeFi

About Parallel Finance

Founded

2021

Address

United States

Community

Parallel is an AI agent infrastructure for DeFi, focusing on creating systems where autonomous AI can operate effectively in decentralized markets. Previously a full-stack L2 solution, Parallel completed its rebranding on February 24, 2025.

Team Members

Tom Hou
Tom HouCEO

Investors

Coinbase VenturesCoinbase Ventures
StarkWareStarkWare
Section 32Section 32
Sequoia CapitalSequoia Capital
Shima CapitalShima Capital
Founders fundFounders fund
PolychainPolychain
Blockchain CapitalBlockchain Capital
Blockchain.comBlockchain.com
CMT DigitalCMT Digital
Blockchange VenturesBlockchange Ventures
Slow VenturesSlow Ventures
Breyer CapitalBreyer Capital
8 Decimal Capital8 Decimal Capital
Alameda ResearchAlameda Research
Pantera CapitalPantera Capital
Hypersphere VenturesHypersphere Ventures
Lightspeed VentureLightspeed Venture

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
$5.00M
$500.00M
2022-04-04
Coinbase VenturesCoinbase Ventures
StarkWareStarkWare
+ 1
Strategic
$5.00M
$250.00M
2021-11-07
Sequoia CapitalSequoia Capital
Shima CapitalShima Capital
+ 1
Series A
$22.00M
$150.00M
2021-08-30
PolychainPolychain*
Blockchain CapitalBlockchain Capital
+ 7
Seed
$2.00M
$40.00M
2021-06-13
Pantera CapitalPantera Capital
Hypersphere VenturesHypersphere Ventures
+ 4

Subsidiary Organizations

ParaSpace
ParaSpace
Cross-Margin NFT Financialization Protocol