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Parallel Domain

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A synthetic data generation platform that enables the creation of realistic virtual environments.

HQ

San Francisco, CA, USA

Founded
2017
Company
Analysis
Valuation
Contacts
Parallel Domain is a synthetic data generation platform that provides simulation software for training and testing artificial intelligence (AI) systems. The company’s platform offers a comprehensive solution to generate high-quality virtual environments, objects, and scenarios that can be used to train and validate AI algorithms in various industries, such as autonomous vehicles, robotics, and computer vision.
Parallel Domain was founded in 2017 by Kevin McNamara.
Employees
85
As of May 22, 2023
Total Raised to Date
$43,900,000
10 Months Since Last Deal
Last Deal Details
$30,000,000
Series B (November, 2022)
Last Valuation
Undisclosed

Company Overview

Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
API, Data & Analytics
Technology
AI / ML
Tags
DataOps, GenAI

Operating Model

Model Type(s)
Subscription, Licensing
Revenue Type(s)
Recurring
Customer Type(s)
SMB, Enterprise
Geographic Exposure
Global
Total Customers
1,000 - 10,000
Retention Range
95 - 100%

Parallel Domain - FAQ

When was Parallel Domain founded?
Parallel Domainwas founded in 2017.
Where is Parallel Domain’s headquarters located?
Parallel Domain’sheadquarters is located in San Francisco, CA, USA.
How many employees does Parallel Domain have?
Parallel Domainhas 85 employees as of May 22, 2023.
How much has Parallel Domain raised to-date?
As of September 13, 2023,Parallel Domainhas raised a total of $43.90 million (USD) since 2017.
When was Parallel Domain’s last funding round?
Parallel Domain’smost recent funding round was for $30.00 million (USD) in November 2022.
How many customers does Parallel Domain have?
Parallel Domainhas an estimated 1,000 - 10,000 customers as of May 22, 2023.
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts
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