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Parallelz logo — Parallelz instantly transforms native mobile applications in...

Parallelz

Parallelz instantly transforms native mobile applications into native web applications

Founded 2021 Canada Toronto, Canada 13 employees Pre-Seed Total: $3.80M Information Technology, Internet

General Information

Company Name Parallelz
Founded Year 2021
Location Canada Toronto, Canada
Employees 13
Industries Information Technology, Internet
Funding Stage Pre-Seed
Social

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About Parallelz

Parallelz is a cutting-edge startup that has attracted attention with its slogan, "Parallelz instantly transforms native mobile applications into native web applications." The company is focused on a new platform and software architecture, allowing native mobile apps to seamlessly transition into native web apps without compromising visual quality or user experience. This innovative approach offers developers the ability to distribute their applications across various digital and social channels independently from app stores. Founded in 2021, Parallelz has quickly garnered interest from the tech industry due to its team's extensive experience in mobile gaming and software development, including individuals from reputable companies such as Google, Mozilla, MIT Media Lab, Bridgewater Associates, and others. In June 2022, Parallelz secured a substantial $3.80M Pre Seed Round investment, with notable participation from prominent investors including Play Ventures, Global Founders Capital, Weekend Fund, Ed Baker, Garage Capital, Jude Gomila, Jonathan Lai, Ryan Hoover, Andre Charoo, and Seong Kyu Lee. With its headquarters based in Canada, the company shows great promise in revolutionizing the app distribution landscape. Overall, Parallelz's unique approach, experienced team, and recent funding indicate a strong potential for growth and impact within the Information Technology and Internet industries.

Business keywords: mobile applications, web applications, software architecture, application distribution, digital channels, social channels, technology, entrepreneurs, Google, Mozilla, MIT Media Lab, Bridgewater Associates, tech startups, mobile gaming

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $3.80M 10
Play Ventures Global Founders Capital Weekend Fund
Play Ventures, Global Founders Capital +8
22 Jun 2022

Parallelz Alternatives & Competitors

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Parallelz vs
TECHi
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BeeTcore
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Jamgo cooperativa tecnológica
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FAQ About Parallelz

Parallelz instantly transforms native mobile applications into native web applications
Parallelz was founded in 2021.
Parallelz is headquartered in Toronto, Canada.
Parallelz operates in Information Technology and Internet. Its work centres on mobile applications, web applications, software architecture and application distribution.
Parallelz has approximately 13 employees.
Parallelz has completed 1 funding round, raising a total of $3.80M. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Parallelz include TECHi, BeeTcore, Jamgo cooperativa tecnológica, Adhwaitha Web Consultancy Services, Lemonova Software House. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Parallelz and TECHi are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Parallelz, https://bouncewatch.com/company/parallelz, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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