Parallel
General contacts
Investor type
PE
Founded
2014
AUM
$100 M
Location
United States
$1-5 m
Investment Ticket
3-5 years
Investment Horizon
Series B
Investment Stage
Sale to strategic investor,
IPO
Exit Strategy
Investor profile last updated: 09 February, 2026
Profile
Developer and retailer of cannabis-based medical products intended to empower health and well-being. The company offers a wide variety of medical, health and wellness products in multiple delivery options, including vaporizer pens, tinctures, oral sprays, topical creams and soft gels, enabling customers to naturally regulate and improve everything from mood to stress and pain levels.
Industry
Region of investment
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FAQs about Parallel
Where is Parallel located?
Parallel is located in United States.
When was Parallel founded?
Parallel was founded in 2014.
What sectors and industries does Parallel invest in?
Parallel invests in companies and startups in Consumer Services (B2C), Pharmaceuticals, Retail, Cannabis.
What is Parallel geographical focus of investments?
Parallel invests in companies and startups in North America.
At what stages of companies and startups does Parallel typically invest in?
Parallel invests in companies and startups at Series B.
What is the usual amount of Parallel investment?
Parallel usually invests $1-5 m on average.
What is the amount of assets of under management (AUM) for Parallel?
Parallel has around $100m assets under management.