Explore: Enterprise Software · Series A · France
Parallel
Series A · 🇫🇷 Paris, France · Founded 2024 · 11-50 employees
AI agents platform that automates administrative tasks in hospitals using large language models and computer-use agents. Parallel is a healthtech and AI startup based in Paris, France, founded 2024, at Series A stage, with $20M raised to date.
Parallel is tracked live on Scout, Fusion42's database of newly funded startups — its profile updates as new rounds, backers and Wire analysis land.
Total raised
$20M
Stage
Series A
Business model
SaaS
Key differentiator
Parallel automates hospital admin by operating directly in legacy software through the UI layer, enabling rapid deployment without complex integrations.
Target customer
Hospitals and healthcare providers, including public and private hospital systems
Sectors
Funding rounds
Series A
1 March 2026
Led by Index Ventures
With Frst, Y Combinator, Hexa, Arthur Mensch, Felix Blossier and Quentin de Metz
Key investors
Index Ventures, Frst, Y Combinator, Hexa, Arthur Mensch, Felix Blossier, Quentin de Metz
Notable achievements
- Raised $20M Series A led by Index Ventures
- Deployed across several dozen public and private hospitals
- Reached market less than a year after a $3.5M seed round
Frequently asked questions
- What does Parallel do?
- AI agents platform that automates administrative tasks in hospitals using large language models and computer-use agents.
- Where is Parallel based?
- Parallel is based in Paris, France, founded in 2024.
- How much has Parallel raised?
- Parallel has raised $20M in tracked funding and is currently at the series-a stage.
- Who has invested in Parallel?
- Investors in Parallel include Index Ventures, Frst, Y Combinator, Hexa, Arthur Mensch, Felix Blossier and Quentin de Metz.