Parallel Finance

company

About

Parallel Finance is a decentralized finance (DeFi) protocol that offers lending and staking services.

  • 51 - 100

Details

Last Funding Type
Seed
Last Funding Money Raised
$2M
Industries
Financial Services,FinTech,Lending
Founded date
Jan 1, 2021
Number Of Employee
51 - 100
Operating Status
Active

Parallel Finance is a decentralized finance (DeFi) protocol that offers lending and staking services. The company was founded by Yubo Ruan in 2021 and is headquartered in San Francisco, California, United States.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$24M
Parallel Finance has raised a total of $24M in funding over 2 rounds. Their latest funding was raised on Aug 30, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 30, 2021 Series A $22M 1 Detail
Jun 14, 2021 Seed $2M 1 Pantera Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Parallel Finance is funded by 2 investors. Pantera Capital and Blockchange Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Pantera Capital Yes Seed
Blockchange Ventures Series A