Founded in 2014, Parallel is a privately-held company with a focus on cannabis products and cannabis research and development. The mission of the organization is to improve quality of life through the use cannabinoids. Based in Atlanta, GA, the company focuses on all facets of the cannabis supply chain such as cultivation, production, distribution and retail. Parallel has additional facilities in Massachusetts, Florida, Texas, and Budapest, Hungary.

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What is Parallel's ticker symbol?

Parallel does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is Parallel's stock price?

The stock price for Parallel will be known as it becomes public. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT).

Parallel Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
6/27/2019 Series D $130.89MM raised $XXX.XX $XXX.XX
8/6/2018 Series C $66.88MM raised $XXX.XX $XXX.XX
4/18/2017 Series B and BB $26.17MM raised $XXX.XX $XXX.XX
11/8/2016 Series A-1, A-2, A-3 and A-4 $4.14MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is Parallel funding to date?

Parallel has raised $228.07MM to date.
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When was Parallel founded?

Parallel was founded in 2014.
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Can you invest in Parallel?

Parallel is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Parallel share pre-IPO?

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Is Parallel a publicly traded company?

Parallel is a private company and not publicly traded.

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Updated on: Jun 12, 2022