Parallel Markets is a United States-based startup that focuses on providing a solution for portable investor identity. Founded in 2018, the company's slogan "Portable investor identity" encapsulates its core mission. Parallel works directly with investors and investment platforms to simplify the onboarding and verification process. The company's approach aims to streamline the often complex and cumbersome process of investor verification. With a strong foothold in Enterprise Software, Financial Services, and Fintech industries, Parallel's offerings cater to both individuals and entities. The last noteworthy investment the company secured was an $8.62M Venture Round led by Timber Grove Ventures on 07 April 2023. This investment signifies confidence from investors in the potential of Parallel Markets and its unique value proposition in the market.
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