Parallel builds web infrastructure for AI agents. Its Search, Extract, Task, FindAll, Monitor, and Responses APIs give software systems structured access to live web information for search, research, enrichment, and monitoring. The company was founded by former Twitter CEO Parag Agrawal.
Products & media
Parallel’s Parag Agrawal: Building a New Web for AI Agents
A research API that completes multistep web investigations and returns structured answers with citations and confidence assessments.
A discovery API that builds cited datasets of companies, people, and other entities matching natural-language criteria.
A content API that converts supplied web pages and PDFs into full text or relevant excerpts for AI applications.
A synchronous research API that returns cited answers from live web sources for assistants and interactive applications.
A monitoring API that repeatedly searches the web and sends structured notifications when new information matches a query.
A search API that retrieves ranked web pages and compressed excerpts to supply current context to AI agents.
Team
Founders
2 people
Jobs
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Funding
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Data current as of April 29, 2026
Leads
Participating Firms
Angels
$100M$2B valuation
$100M$740M post-money valuation
$30M