Parallel Finance
company
About
Parallel Finance is a decentralized finance (DeFi) protocol that offers lending and staking services.
- 51 - 100
Highlights
Details
- Last Funding Type
- Seed
- Last Funding Money Raised
- $2M
- Industries
- Financial Services,FinTech,Lending
- Founded date
- Jan 1, 2021
- Number Of Employee
- 51 - 100
- Operating Status
- Active
Parallel Finance is a decentralized finance (DeFi) protocol that offers lending and staking services. The company was founded by Yubo Ruan in 2021 and is headquartered in San Francisco, California, United States.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
2
$24M
Parallel Finance has raised a total of
$24M
in funding over 2 rounds. Their latest funding was raised on
Aug 30, 2021 from a Series A round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| Aug 30, 2021 | Series A | $22M | 1 | — | — | Detail |
| Jun 14, 2021 | Seed | $2M | 1 |
Pantera Capital
|
— | Detail |
Investors
Number of Lead Investors
Number of Investors
1
2
Parallel Finance is funded by 2 investors.
Pantera Capital
and Blockchange Ventures
are the most recent investors.
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Pantera Capital
|
Yes | Seed |
Blockchange Ventures
|
— | Series A |
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