Parallel Web Systems

Parallel Web Systems is a Palo Alto-based AI startup founded by former Twitter CEO Parag Agrawal in 2023. It develops a cloud-based deep research API that enables AI agents to perform real-time, large-scale web research and synthesis, outperforming leading AI models like GPT-5 on complex web-centric tasks.

  • Early Stage
  • AI/ML
  • API Management
  • Cloud Infrastructure
  • Deep Tech
  • Data Analytics
  • SaaS

4

Rounds

7

Tags

Apr 28, 2026

Latest raise

Funding activity · 4 rounds

Raise timeline

  1. Apr 28, 2026

    $100M

    Series B

    Led by Sequoia Capital

    • Index Ventures
    • Sequoia Capital
    • Khosla Ventures
    • Kleiner Perkins

    Article coming soon.

  2. Nov 12, 2025

    $100M

    Series A

    Led by Kleiner Perkins

    • Spark Capital
    • Kleiner Perkins
    • Terrain
    • First Round Capital
    • Khosla Ventures
    • Index Ventures

    Article coming soon.

  3. Aug 14, 2025

    $30M

    Series A

    Led by Khosla Ventures

    • First Round Capital
    • Khosla Ventures
    • Index Ventures
    • Terrain
    • Angel Investors

    Article coming soon.

  4. Apr 1, 2025

    $3.5M

    Seed

    Led by Frst

    • Better Angle
    • Frst
    • Kima Ventures
    • Bpifrance
    • Y Combinator
    • Angel Investors

    Article coming soon.

Pricing

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Enterprise

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Growth plan

For individuals and small teams getting started with AI buyer intelligence.

$149

/month

Features

  • Access to core AI adoption signals
  • 3–5 curated slices per week
  • 30–60 companies / week
  • AI Adoption Score
  • Deal-ready insights (why + pitch angle)
  • Basic filters (recency, slice, score)
  • CSV export
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Pro plan

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$249

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Features

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  • 60–120 companies / week
  • Higher-frequency signal updates
  • Priority / early signals (before Growth)
  • Advanced filters (industry, size, use case)
  • Deeper company insights
  • Faster export + bulk workflows

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