Parallel Finance
PARA
Parallel finance is a new decentralized lending and staking protocol on Polkadot and Ethereum. They are invested by top-tier investors including Sequoia, Founders Fund, Lightspeed Ventures, Polychain Capital, Coinbase Capital, Pantera Capital, & many more! Parallel is supported by a team of 20 talented developers from Stanford, MIT and big tech companies.
They are bringing financial freedom, inclusion, & efficiency to 1 billion people through DeFi.
If you are interested in helping build the future of blockchain and finance, please join us to build the vision together.
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Key Info
- 2021 Founded
- 29M Total Funding Raised
- California, USA
- 53 Employees
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Credibility
Github Verified
LinkedIn Verified
News
- New law pushes around 400 crypto firms out of Estonia
May 8, 2023 • powered by CryptoPanic
Activity Timeline
Apr 02, 2022
Aug 30, 2021
- Raisedfrom$2.00M, and Polychain Capital.
Jun 14, 2021
Team
Investments
Round | Amount Raised | Date | Investors |
|---|---|---|---|
Venture Round | Raised $5,000,000 | Apr 02, 2022 | |
Series A | Raised $22,000,000 | Aug 30, 2021 | |
Seed | Raised $2,000,000 | Jun 14, 2021 |
