Parallel Loop

Raised $6.6M in a Seed round, announced 14 October 2026.

Round

Parallel Loop raised a $6.6 million seed round to strengthen go-to-market efforts, expand its team and scale enterprise AI operations in Western markets.

Amount
$6.6M
Stage
Seed
Announced
14 October 2026
Lead
3one4 Capital
Other investors
Picus Capital, Flourish Ventures, Economic Development Innovations Singapore, Vijay Shekhar Sharma, Kunal Shah, Philip Yeo
Use of funds
Strengthen its go-to-market strategy, expand its team, and scale operations, with a focus on Western markets.
Checked
Amount and date matched across 3 press sources

Company

Combines enterprise AI software with engineering support for existing systems

Founded
2026
Sector
AI
Website
parallelloop.ai ↗

Founders

  • Prateek Joganicofounder
  • Yujun Cheancofounder

Sources and links

Sources
Ex-Qoala execs’ AI firm Parallel Loop raises $6.6m techinasia.com
Parallel Loop raises $6.6 Mn seed round led by 3one4 Capital entrackr.com
Parallel Loop Raises $6.6 Mn To Integrate AI Into Enterprise Workflows inc42.com
Website
parallelloop.ai ↗
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