Parallel Domain

About

Parallel Domain is a synthetic data platform for training and testing perception systems.

San Francisco,California,United States
51 - 100
https://www.paralleldomain.com

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $30M
Industries: 3D Technology,Autonomous Vehicles,Big Data,Machine Learning,Simulation
Founded date: Aug 1, 2017
Number Of Employee: 51 - 100
Operating Status: Active
Legal Name: Parallel Domain Inc.

Parallel Domain is a synthetic data generation platform for computer vision and autonomy. Parallel Domain provides a smart way to prepare both machines and human operators for the real world, while minimizing the time and miles spent. Users can connect to the Parallel Domain API and tap into the power of synthetic data to accelerate their autonomous system development.

Parallel Domain generates synthetic labeled data sets, simulation worlds, and controllable sensor feeds so users can develop, train, and test their algorithms safely before putting these systems into the real world.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

3

$43.94M

Parallel Domain has raised a total of $43.94M in funding over 2 rounds. Their latest funding was raised on Nov 16, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 16, 2022	Series B	$30M	5	March Capital	—	Detail
Dec 9, 2020	Series A	$11M	5	Foundry Group	—	Detail
May 1, 2018	Seed	$2.94M	4	Costanoa Ventures Ubiquity Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Parallel Domain has made 1 investments. Their most recent investment was on Mar 31, 2017, when Deepomatic raised €1.65M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Mar 31, 2017 Deepomatic	Seed	€1.65M	Artificial Intelligence	—

Investors

Number of Lead Investors

Number of Investors

4

7

Parallel Domain is funded by 7 investors. March Capital and Calibrate Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
March Capital	Yes	Series B
Calibrate Ventures	—	Series B
Costanoa Ventures	—	Series B
Foundry Group	—	Series B
Ubiquity Ventures	—	Series B
Toyota Ventures	—	Series A
RRE Ventures	—	Seed