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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Learn more about Parallel

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What is Parallel's IPO price?

The IPO price for Parallel will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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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 shares pre-IPO?

If you own Parallel pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is Parallel a publicly traded company?

Parallel is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is Parallel's funding to date?

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

Parallel was founded in 2014.

Parallel Funding Rounds and Last Known Valuation

Date Funding Round Funding Raised Price per Share Last Known 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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Updated on: Apr 19, 2024


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