Parallel

Raised $20M in a Series A round, announced 19 March 2026.

Total raised
$20M

Latest round Series ACountry FranceSector AI

Round

$20MSeries A, 19 March 2026

Funds scaling of coding agents, international expansion and new hospital workflows

Amount
$20M
Stage
Series A
Announced
19 March 2026
Lead
Index Ventures
Other investors
Frst, Y Combinator, Hexa
Use of funds
Funds scaling of coding agents, international expansion and new hospital workflows
Checked
Amount and date matched across 2 press sources
Sources
Parallel raises $20M Series A for hospital administration AI agents tech.eu
Parallel raises $20M Series A for hospital administration AI agents pulse2.com
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Company

AI agents automating hospital admin work, starting with medical coding

Based in
Paris, France
Sector
AI

Questions

How much has Parallel raised?

Parallel raised $20M in a Series A round, announced on 19 March 2026.

Who invested in Parallel?

Index Ventures led. Investors include Index Ventures, Frst, Y Combinator and Hexa.